Best Crypto to Buy Now January 9 - Immutable, Mina, Fetch.ai

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Each day we review some picks for the best cryptos to buy now, based on the latest market movements, blockchain news, and trending narratives.

Finding the best tokens to invest in requires watching the latest developments and identifying the most promising options. This article highlights the top cryptocurrencies that have caught the attention of investors looking to make the most of growth and innovation.

Best Crypto to Buy Now

Since October, open interest, a metric reflecting the total value invested in bitcoin futures, has consistently trended upwards. In early December, it reached a notable peak at $19.2 billion, marking its highest point in two years, according to Coinglass.

This surge in derivatives trading indicates a prevailing sentiment among investors that the SEC might greenlight the proposed bitcoin ETFs. As stakeholders eagerly await the regulatory verdict, the crypto market remains engaged, with the potential approval of bitcoin ETFs as a focal point for investor attention.

1. Fetch.ai (FET)

Fetch.ai (FET) has experienced significant developments in crypto, contributing to its notable growth. Fetch.ai integrated GraphCast, an AI weather forecasting model. This integration enables users to access unprecedented weather insights via DeltaV.

Furthermore, the FET price has exhibited an intraday increase of 9.36%, demonstrating a substantial growth trend. Over the past year, the price has surged by 332%, outperforming 88% of the top 100 crypto assets.

New #Integration Alert! 🔥

Our #AIAgents can now find live details relating to UK train departures, thanks to @nationalrailenq's rail API! 🔍

Join the early access waitlist for our #DeltaV platform and start using this and many other great tools 👇https://t.co/hiL8WQbdIh pic.twitter.com/kLQFNQovKR

— Fetch.ai (@Fetch_ai) January 5, 2024

Moreover, Fetch.ai’s current circulating supply is 688.12 million out of a maximum supply of 1.15 billion FET. In addition, Fetch.ai ranks 33rd in the Ethereum (ERC20) Tokens sector, 47th in the Layer 1 sector, and 7th in the AI Crypto sector.

The token trades above the 200-day simple moving average, indicating stable trading performance. FET has recorded 17 green days in the last 30 days, showcasing consistent positive trends.

2. Casper (CSPR)

The integration of Casper Network into Ledger Live marks a notable development for individuals prioritizing top-tier security in managing their crypto assets. Executed by Zondax, this integration reflects a collaborative effort aimed at improving user experiences. Zondax has consistently demonstrated reliability and expertise in creating Ledger apps.

This ensures a secure and seamless interface for Casper Network users. CSPR is priced at $0.046928, with a 24-hour trading volume of $10.63 million. The market cap is $548.40 million, with a market dominance of 0.03%.

Furthermore, CSPR price has shown a modest intraday increase of 2.36%. Notably, the token has experienced a 58% price hike in the last year, trading above the 200-day simple moving average.

We are excited to announce the integration of Casper with @Ledger 🙌

Users can now securely store and manage their $CSPR natively on the Ledger Live app! https://t.co/zK7hLqgBe8

— Casper (@Casper_Network) January 5, 2024

It also displayed positive performance compared to its initial token sale price. In the last 30 days, there have been 16 green days, accounting for 53% of the observed period. Casper’s circulating supply is 11.69 billion, with a yearly inflation rate of 9.69%.

This translates to creating 1.03 billion CSPR tokens in the past year. The project’s performance provides valuable insights into its market standing, placing it among the best crypto to buy now.

3. Mina (MINA)

Mina has exhibited noteworthy developments in its market performance over the past 24 hours. It experienced an increase of 11.37% in its price. Presently, the sentiment towards Mina Protocol is bullish, while the Fear & Greed Index stands at 76 (Greed).

Furthermore, Mina currently has 1.03 billion MINA tokens out of a maximum supply of 824.10 million. The yearly supply inflation rate is calculated at 36.94%, creating 278.20 million MINA in the last year. Within the Layer 1 sector, Mina Protocol ranks 31st based on market cap.

Reminder that Mina’s testnet ahead of a major mainnet upgrade is currently underway!

Load testing is almost complete and the engineering teams have captured a lot of valuable data to optimize network performance.

Cheers to our testers! 🥂 Your hard work is bringing us closer to… https://t.co/YXGVYiSA6z

— Mina Protocol (httpz) 🪶 (@MinaProtocol) January 5, 2024

Moreover, MINA experienced a 142% increase in price over the last year, outperforming 72% of the top 100 crypto assets. Furthermore, Mina Protocol trades above its 200-day simple moving average, indicating a positive trend. The project also boasts high liquidity based on its market capitalization.

4. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix is a tokenized cloud mining platform positioned as a decentralized solution for individuals engaged in Bitcoin mining. The project aims to improve security and transparency, using tokenization to enhance the overall user experience.

With a substantial stake exceeding 400,000 BTCMTX tokens, the platform offers an initial annual percentage yield (APY) of 103,225%. This is, however, subject to change based on increased token staking.

A significant portion, 42.5% of BTCMTX tokens, is allocated to mining operations. It emphasizes the project’s commitment to building a robust mining infrastructure. In addition, 35% is dedicated to marketing initiatives and the expansion of BTCMTX. Furthermore, 15% of the token supply is earmarked for rewarding active community involvement and fostering engagement within the project.

The remaining 7.5% is reserved for BTCMTX staking rewards, encouraging user participation. Bitcoin Minetrix has raised over $7,894,506.19 out of the targeted $8,005,978. The token is offered at a rate of $0.0127 per token, with a one-day window before the subsequent price increase.

#BitcoinMinetrix reaches another noteworthy milestone! 🎖️

Surpassing $7,800,000. pic.twitter.com/61vRZDus2v

— Bitcoinminetrix (@bitcoinminetrix) January 8, 2024

Investors had the opportunity to acquire 70% of the total supply, totaling 2.8 billion BTCMTX. This acquisition could be made using Ethereum (ETH) or Tether (USDT), with a minimum investment of $10. The strategic token distribution aligns with Bitcoin Minetrix’s emphasis on strengthening mining infrastructure and fostering the progressive growth of its platform.

In conclusion, Bitcoin Minetrix‘s innovative approach to cloud mining and transparent token distribution positions it as the best crypto to buy now. However, investors must conduct thorough research and due diligence before considering participation.

Visit Bitcoin Minetrix Presale.

5. Immutable (IMX)

SubQuery, a key player in the blockchain ecosystem, is collaborating with Immutable zkEVM to shape Web3 gaming. The Immutable zkEVM chain represents a noteworthy advancement, signaling a new era for Web3 gaming. This unchangeable zkEVM chain aligns with the EVM chain, offering affordability, scalability, and security akin to Ethereum.

Its capacity to expedite Web3 game development is crucial, enabling developers to create innovative experiences. SubQuery’s decentralized data indexing solution empowers developers on the Immutable zkEVM chain. It facilitates the organization and retrieval of on-chain data for protocols and applications.

The SubQuery API further streamlines backend processes, allowing developers to concentrate on product development and user experience without building an indexing engine. Market sentiments towards Immutable’s price prediction currently remain neutral. However, the Fear & Greed Index is 76, indicating Extreme Greed.

The token’s price experienced an intraday increase of 4.74%. Over the past year, Immutable X has witnessed a substantial price surge, with a remarkable 292% increase. Impressively, it outperformed 88% of the top 100 crypto assets during this period, surpassing Bitcoin and Ethereum.

Immutable is the home of web3 gaming. pic.twitter.com/hGOFzPCapp

— Immutable (@Immutable) January 8, 2024

Immutable’s circulating supply is 1.32 billion out of a maximum supply of 2.00 billion IMX. The yearly supply inflation rate is 92.74%, creating 636.09 million IMX in the last year. Currently, Immutable X holds the #3 position in the Layer 2 sector based on market cap.

Technically, Immutable X trades above the 200-day simple moving average, indicating positive market sentiment. It has also demonstrated positive performance compared to its token sale price, contributing to its high liquidity based on market cap.