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The cryptocurrency market is recognized for its volatility and unpredictability. Nonetheless, it has also produced remarkable gains for long-term investors. This article reviews the top cryptocurrencies to buy now that could offer the most reliable long-term returns. The list is compiled based on these tokens’ market trends, performance, and evolving utility and adoption.
Stay informed on the top cryptocurrencies to buy now with our expert insights and analysis. Discover the most promising digital assets for your investment portfolio.
Top Cryptocurrencies to Buy Now
Core recently announced the launch of a validator by Animoca Brands on the Core Chain. Additionally, the XEC token is currently valued at $0.00003346 and has seen an intraday surge of 6.22%. Moreover, the trading volume has increased by 83.32% in the past 24 hours, indicating favorable market sentiment and a potential price rise. Meanwhile, Kaspa has also shown a bullish trend, increasing in value by 1.50% over the past 24 hours.
1. Core (CORE)
Core is a blockchain project focused on developing Web3, where users have control over their digital assets and data. The platform aims to support the creation of dApps by integrating the Ethereum Virtual Machine (EVM) with Bitcoin’s robust mining security.
It features a Satoshi Plus consensus mechanism, which blends Proof of Work (PoW) and Delegated Proof of Stake (DPoS) protocols. This hybrid system aims to enhance security, scalability, and efficiency, addressing the common blockchain trilemma.
The Core token currently trades at $1.21, experiencing an 8.60% rise in the past day. It also trades above the 200-day simple moving average, near its cycle high. The token has high liquidity and has seen significant growth, with an 18.89% increase over the past week and a 127.66% rise over the past six months.
Recently, Core announced the launch of a validator by Animoca Brands on the Core Chain. This indicates Animoca Brands’ confidence in Core’s potential and a commitment to strengthening the network’s security and decentralization. Validators are crucial in blockchain networks as they verify transactions, maintain ledger accuracy, and enhance overall security.
New validator on Core – @animocabrands!
Another step taken towards buiding a secure, decentralized, and efficient blockchain network, given @animocabrands' experience and expertise in validator operations across multiple blockchains. https://t.co/kpOeVBpM14— Core DAO 🔶 (@Coredao_Org) July 11, 2024
By running a validator, Animoca Brands supports Core’s governance and stability, demonstrating trust in Core’s goal to unlock over $1.3 trillion in trapped Bitcoin liquidity. Additionally, Animoca Brands plans to collaborate with Core to integrate dApps from its Web3 investment portfolio. This effort aims to foster innovation and cooperation, leveraging various projects to advance Bitcoin-financial integration (BTCfi).
2. eCash (XEC)
eCash utilizes the Avalanche consensus protocol, offering enhanced security and rapid transaction confirmation. Designed for scalable and secure digital payments, it integrates Proof of Stake (PoS) Layer 2 solutions to handle high-volume transactions efficiently. This integration significantly boosts blockchain security and ensures fast transaction confirmations.
Additionally, the Avalanche protocol facilitates seamless future network upgrades, making eCash adaptable and future-proof. eCash supports staking, allowing users to participate in network consensus and earn rewards. The platform also enables the creation of custom tokens, called eTokens, which businesses and developers can use for various applications.
The platform features a new unit of account, ‘bits,’ where 1 BCHA equals 1 million XEC. This change aims to make the cryptocurrency more user-friendly and easier to understand.
Currently, the XEC token is valued at $0.00003346, with an intraday surge of 6.22%. The trading volume has increased by 83.32% in the past 24 hours, suggesting favorable market sentiment and a potential price rise. The token trades 10.69% above its 200-day Simple Moving Average (SMA).
3. Base Dawgz (DAWGZ)
Base Dawgz has raised over $2.4 million in its ongoing presale, selling tokens at $0.0061 each. Investors can use ETH, SOL, BNB, USDT, or AVAX to buy these tokens. The project stands out for using Wormhole and Portal Bridge protocols, which streamline blockchain bridge management and eliminate the need for manual transfers.
Later this year, Base Dawgz will introduce DAWGZ staking rewards, potentially increasing its attractiveness to investors. The early success of its presale and the excitement within the crypto community suggest that Base Dawgz could experience significant growth.
New week, same $DAWGZ 🌤️
We keep pushing. Almost at $2.5M!
— Base Dawgz (@BaseDawgz) July 15, 2024
Furthermore, the platform offers a high-reward opportunity typical of low-cap altcoins, particularly in the meme coin sector. Its multi-chain functionality and share-to-earn model set it apart, providing unique utility and incentives for engagement. This combination of features positions DAWGZ as an intriguing option for those interested in the potential of meme coins.
4. Kaspa (KAS)
Kaspa has shown a bullish trend, increasing in value by 1.50% over the past 24 hours. In the last week, it surged by 8.60%, further surging by 10.63% over the previous month. For long-term investors, Kaspa has delivered a year-to-date return of 532%.
The current market sentiment for KAS is bullish, with the price approaching a critical resistance level at $0.182 this week. The Relative Strength Index (RSI) for Kaspa is trending upwards, indicating strong market price action and growing investor confidence as the token remains in overbought territory.
Kaspa trades 184.99% above its 200-day Simple Moving Average (SMA) of $0.063593. This metric suggests high liquidity relative to its market cap.
Kaspa’s development team is actively enhancing its technology. They focus on increasing blocks per second and developing the Dag Knight protocol. Additionally, the team is working on integrating smart contracts and KRC20 tokens. These efforts aim to improve Kaspa’s performance and functionality.
5. Popcat (SOL) (POPCAT)
Popcat is inspired by a popular meme featuring a cat named “Oatmeal,” known for its comical “O” shaped open mouth. This altcoin takes cues from BONK, a memecoin based on the Solana blockchain that has seen a substantial rise in value, increasing over 1,000 times since its launch.
The Popcat community is notably passionate and persistent, playing a crucial role in the coin’s viral spread and sustained momentum in the dynamic crypto market. Recently, POPCAT tokens have garnered significant attention.
Furthermore, the token’s price surged by 24.21% in the last 24 hours, reaching $0.7322. Additionally, the daily trading volume saw an intraday increase of 52.08%, amounting to $127.55 million.
Currently, the market sentiment for Popcat is bullish. The Fear & Greed Index stands at 52, indicating a neutral sentiment. The token experienced 19 positive trading days in the past 30 days.
POPCAT has high liquidity, evidenced by a volume-to-market cap ratio of 0.5956. Its current market capitalization is $717.07 million. This high liquidity suggests ease in buying and selling the token without significantly affecting its price.
In addition, Popcat’s recent performance shows a positive trend with strong community support and high liquidity. Its current market conditions suggest potential for further growth, though investors should consider the inherent volatility in the cryptocurrency market.
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