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Best Crypto to Buy Now February 19 – Manta Network, Altlayer, Xai

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Crypto traders are always on the hunt for the best cryptocurrencies to buy on any given day – we list some high potential coins in this post.

Every market shift presents an opportunity for substantial profits, and investors actively seek the next top-performing digital asset. Numerous advancements in various altcoin projects could potentially impact this week’s market trends. This article aims to assist investors by highlighting the most promising cryptocurrency to consider purchasing now.

Best Crypto to Buy Now

The Graph token experienced a surge of 24.19% within the last 24 hours, reaching a current trading price of $0.2664. MANTA also showed positive movement, with a 2.99% increase in price over the same period. Additionally, XAI GAMES recently partnered with the Pyth Network, underscoring the significance of dependable data in decentralized finance and gaming.

1. The Graph (GRT)

The Graph (GRT) token surged by a significant 24.19% in the past 24 hours, now trading at $0.2664. Following the Sora launch, this surge caught attention, indicating an upward trend for the token, supported by derivatives data.

The Graph serves as an indexing protocol that helps query data for networks like Ethereum and IPFS, which is crucial for various applications in DeFi and Web3. Anyone can create and publish open APIs called subgraphs, allowing applications to access blockchain data easily using GraphQL. A hosted service simplifies the process for developers to start building on The Graph, with the decentralized network set to launch later this year. 

GRT Price Chart

In addition, The Graph supports indexing data from Ethereum, IPFS, and POA, with plans for more networks. The project aims to introduce reliable decentralized public infrastructure to the mainstream market. Participants ensure the economic security and data integrity of The Graph Network by using the Graph Token (GRT).

The platform has experienced significant growth, handling over 958 million queries, a 65% increase from the previous quarter. It continues to support various web3 sectors and has succeeded with Layer 2 transfers.

Furthermore, this surge in the value of GRT also led to a notable increase in its 24-hour trading volume, experiencing over 105% growth. Expert technical analysis indicates a bullish trend for the GRT token as it trades above its 200 EMA. The overall sentiment for The Graph’s price prediction is bullish, with the Fear & Greed Index showing a value of 75 (Greed).

2. Manta Network (MANTA)

Recent market analysis indicates that Manta Network is emerging as a promising alternative in the ongoing crypto rally. Unlike many other altcoins that have already peaked, Manta Network is a newcomer, offering significant potential for growth. This sentiment is supported by its recent token sale held from January 16 to 28, 2024, which led to a surge in value afterward.

Manta Network is a modular ecosystem for Web3, allowing users to build and deploy various decentralized applications (dApps) easily using Solidity. One of its main advantages is its ability to provide faster transaction speeds than Layer 1 (L1) solutions. It also offers lower gas costs than Layer 2 (L2) solutions. 

MANTA Price Chart

Moreover, the recent performance of Manta Network’s native token, MANTA, has been positive, with a 2.99% increase in price over the last 24 hours. Additionally, the token has experienced 15 green days out of 30 days, indicating a relatively consistent upward trend. The sentiment surrounding Manta Network’s price prediction is bullish, with a Greed score of 75 on the Fear & Greed Index.

Furthermore, Manta Network announced expanded interoperability between its Manta Pacific network and Binance Smart Chain (BNB Chain). This cross-chain bridge makes it easy for users to swap MANTA tokens with BNB. It also aids them to participate in farming opportunities via a liquidity pool on PancakeSwap.

With enhanced interoperability between these blockchain ecosystems, additional trading volume and liquidity pooling activity are expected around MANTA and BNB tokens. Moreover, Manta Network’s ongoing efforts to establish connections with major chains demonstrate its commitment to fostering interoperability and accessibility for decentralized applications.

3. Altlayer (ALT)

AltLayer is a decentralized rollup protocol introducing Restaked Rollups to enhance security, decentralization, interoperability, and crypto-economic fast finality. The recent 1.43% increase in ALT price suggests ongoing market interest, with trading hovering near its cycle high. The token further boasts high liquidity relative to its market cap.

Moreover, ALT currently ranks #3151 in the Ethereum (ERC20) Tokens sector and #508 in the Binance Smart Chain sector. AltLayer’s bullish price prediction sentiment aligns with a Fear & Greed Index reading of 75 (Greed). 

ALT Price Chart

Furthermore, AltLayer’s collaboration with Matter Labs, a leading developer of the zkSync protocol, expands its capabilities. This partnership enables users to leverage AltLayer’s rollup SDK and infrastructure for optimal deployment of zk-based Layer2 or Layer3 hyperchains within the ZK Stack framework.

Through AltLayer’s Rollups-as-a-Service (RaaS), developers gain access to hyperchain functionalities, offering tooling, a no-code platform, third-party integrations, and rollup customizations. These features facilitate a streamlined process for building, deploying, and achieving interoperability, accelerating developers’ journey in the blockchain space.

4. Smog (SMOG)

SMOG Token aims to position itself as a significant token in the cryptocurrency market. Smog launched without any presale, ensuring fairness for all users. It aims to distribute its native token equally through airdrops and community rewards. 

The project strategically enters the market during the meme coin trend, using the Solana blockchain to attract many investors. Moreover, Smog focuses on airdrop campaigns rather than presales to build a solid community base, which is essential for its long-term success in the crypto market. 

SMOG Price Chart

Participation in Smog’s ecosystem requires users to buy and stake SMOG tokens, granting them access to potential airdrops and community bounties. Through active participation, users can earn rewards, fostering ownership and loyalty. SMOG offers fast transactions and low fees on the Solana blockchain, appealing to users seeking efficiency.

The roadmap includes milestones like staking features and future airdrop launches. Users should use Solana-compatible wallets like Phantom to participate in the airdrop campaign and engage with the community on social media.

5. Xai (XAI)

Xai (XAI) is a novel blockchain project that revolutionizes the gaming industry by introducing a decentralized platform for trading in-game items. Xai eliminates the need for cryptocurrency wallets, making it accessible to billions of traditional gamers worldwide. Using Arbitrum’s Layer-2 technology, Xai facilitates swift and seamless virtual goods transactions within video games. 

Since its launch on January 9, 2024, Xai has experienced price fluctuations, reaching a peak of over $1.20 before experiencing a minor decline. Market analysts have expressed optimism regarding Xai’s future performance. The toke’s price predictions suggest a potential rise to $1.62 within the year and further growth to $1.88 by 2025. 

XAI Price Chart

These forecasts are based on market sentiment, recent developments, and the project’s robust fundamentals. Furthermore, the success of Xai hinges on widespread adoption within the gaming community and the continued evolution of its network. If Xai establishes a significant presence in the gaming industry and maintains its innovative trajectory, it could experience considerable demand and price appreciation over time.

The XAI token is currently valued at $1.32, with an intraday increase of 20.93%. Furthermore, XAI GAMES recently partnered with the Pyth Network, emphasizing the importance of reliable data in decentralized finance and gaming. By leveraging Pyth Network’s real-time price data, Xai aims to enhance stability and trust within its ecosystem.

Within just one month of its mainnet launch, Xai has recorded over 360,000 daily transactions. It also attracted 438,000 wallet sign-ups, demonstrating early traction and promising growth potential.

In the crypto scene,  Japan is considering easing its venture capital (VC) regulations regarding crypto investments, potentially permitting VCs to fund Web3 startups that exclusively issue cryptocurrencies. 

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