Best Crypto to Buy Now December 29 - ORDI, Sei, Algorand

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Finding the best crypto to buy right now is a never-ending task, with dozens of tokens launched on CEX and DEX platforms daily.

Crypto investors are perpetually searching for promising altcoins that can deliver returns surpassing industry giants such as Bitcoin and Ethereum. Nonetheless, identifying the best altcoins for your portfolio requires significant time and effort. This article curates five tokens as prospective choices for individuals looking for the best cryptocurrencies to buy now.

This selection comprises cryptocurrencies demonstrating growth potential, providing investors with a distinctive chance to investigate options that could unlock significant returns on investment.

Best Crypto to Buy Now

Bitcoin experienced a recovery amidst growing speculation surrounding the potential approval of a cryptocurrency exchange-traded fund (ETF) by the US securities regulator. However, Bitcoin Cash witnessed a surge of 14%. This uptick was attributed to increased investor interest in a specific investment.

This appears to be influenced by the anticipation of regulatory developments. If approved, this would represent a significant milestone for the cryptocurrency market.

1. ORDI (ORDI)

The ORDI token has experienced a 2.03% price increase over the last 24 hours. Notably, its lowest price since reaching its all-time high (ATH) is $61.91, marked as the cycle low. However, the highest recorded price after the cycle low is $76.60, denoted as the cycle high.

Additionally, ORDI’s circulating supply is 21.00 million out of a maximum supply of 21.00 million. In the Bitcoin (BRC20) Tokens sector, ORDI currently holds the top position in terms of market capitalization.

Technical analysis reveals that ORDI is trading above its 200-day simple moving average. Within 30 days, the token has seen 16 days of positive price movement, constituting 53% of the observed period. Furthermore, it is noted that ORDI is currently trading near its cycle high.

The sentiment surrounding ORDI’s price prediction is currently bullish, complemented by a Fear & Greed Index score of 65 (Greed). Also, the token boasts high liquidity, substantiated by its market capitalization.

2. Solana (SOL)

With recent positive trends and a Fear & Greed Index at 65, SOL has garnered attention, indicating a greedy market. Over the past 24 hours, SOL has experienced a modest 2.13% increase. This upward trend extends to its initial token sale price, showing substantial gains.

Since reaching its all-time high, ORDI’s lowest price was $61.91, considered a cycle low. However, the highest price since this cycle low is $76.60, representing a cycle high.

In the last month, 57% of the days were ‘green,’ meaning positive for Solana’s price. Solana seems to be handling liquidity well, with a high market cap compared to its circulating supply. Out of 533.68 million SOL, 429.18 million SOL are currently in circulation.

Over the past year, Solana’s price has increased by 1,002%. Solana peaked on November 6, 2021, at an all-time high of $259.52. Conversely, its all-time low occurred on May 11, 2020, at $0.503701. Following the peak, the lowest price dipped to $8.12 (cycle low), and the highest since then was $125.92 (cycle high).

Furthermore, SOL ranks 2nd in The Proof-of-Stake Coins sector and 2nd in the Solana Network sector. It also ranks 4th in the Layer 1 sector. However, it’s essential to note that Solana’s circulating supply has increased by 18.26% annually.

Developers, itching to get cooking this holiday season?🧑‍🍳

Dive into the Solana cookbook to learn or contribute your recipes👇https://t.co/YVexJVoGM5

— Solana (@solana) December 26, 2023

Therefore, it created 66.27 million SOL in the last year. Despite this, the project remains in a favorable market position. From a technical standpoint, Solana is trading above its 200-day simple moving average, indicating a positive overall trend.

Solana’s recent performance and market rankings look impressive. Still, it’s crucial for potential investors to carefully research and consider certain factors before making any decisions.

3. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix has introduced a distinctive model allowing users to get involved by staking BTCMTX tokens in exchange for cloud mining credits. The idea is to spread control across the community and create a safe mining space for token holders.

BTCMTX’s staking pool has garnered notable attention, with a current stake of over 400,000 BTCMTX tokens. The platform claims an annual percentage yield (APY) of 103,225%.

In addition, in the ongoing BTCMTX presale, they’ve raised over $6,656,356 out of the $7,182,961 target by selling tokens at $0.0125 each. During this presale period, they’re offering 70% (2.8 billion BTCMTX) of the total 4 billion token supply.

Only 4 days left for #BitcoinMinetrix Stage 16! 🕒

Share your go-to beginner-friendly resources for those wanting to start their cloud mining journey! 📘 pic.twitter.com/FL2IZSjPbp

— Bitcoinminetrix (@bitcoinminetrix) December 28, 2023

It’s worth noting that there’s a 3-day window before the next price increase. Interested investors can grab these tokens using either ETH or USDT. Furthermore, Bitcoin Minetrix is gaining traction, making it the best crypto to buy now.

4. Sei (SEI)

KudasaiJP and the Sei Foundation have recently announced a strategic partnership to reinforce Sei’s market presence in Japan. This collaboration entails the commitment of resources by the Sei Foundation to enhance Japan’s web3 ecosystem. As a leading DeFi trading community in Japan, KudasaiJP has expanded its reach into various web3 sectors.

Furthermore, KudasaiJP intends to create an NFT-gated sub-DAO within the Sei network. KudasaiJP’s impact notably breaks down language barriers within Japan’s blockchain industry. Also, it facilitates learning and introduces global blockchain innovations to the Japanese market.

On another note, the SEI price has seen an 8.80% intraday increase. Sentiment analysis suggests a positive outlook for Sei’s price, and the Fear & Greed Index stands at 65 (Greed).

Sei NFTs have hit their first major milestone.

Congratulations to the Pallet team and all early Sei NFT adopters. https://t.co/z6VsyhYIvs

— Sei 🔴💨 (@SeiNetwork) December 27, 2023

Sei’s circulating supply stands at 2.30 billion SEI out of a maximum supply of 10.00 billion SEI. Regarding market cap, Sei ranks 13th in the Proof-of-Stake Coins sector and 34th in the Layer 1 sector.

In addition, the token has experienced 16 positive trading days in the last 30 days, accounting for 53% of the period. Also, Sei is currently trading in proximity to its all-time high.

5. Algorand (ALGO)

TravelX has recently partnered with Viva Aerobus, a Mexican airline, focusing on integrating blockchain technology into the airline’s retail capabilities. The collaboration centers explicitly around implementing a ticket conversion system utilizing the Algorand blockchain.

Algorand’s market performance reflects a positive trend in tandem with this partnership. It has witnessed a notable bullish sentiment in its price predictions. The Fear & Greed Index for ALGO stands at 65, indicating a state of Greed.

Additionally, the yearly supply inflation rate is reported at 12.49%, creating 889.06 million ALGO in the past year. Algorand’s key metrics show a 42% increase in its price over the last year. The token consistently maintains a position above the 200-day simple moving average, underlining its stability.

AlgoExplorer has been a hallmark of Algorand’s ecosystem, and in light of the announcement of its sunset, we want to share a few words.@Algo_Explorer launched in April 2019 on the same day that Algorand’s public TestNet came to life.

Over the years, their product enabled the…

— Algorand Foundation 🐍 (@AlgoFoundation) December 21, 2023

Within the previous 30 days, Algorand has experienced positive trading days 67% of the time, contributing to its overall positive performance. Furthermore, ALGO’s liquidity appears robust, substantiated by its market capitalization.