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‘What is the best crypto to buy right now?’ is a common question asked by investors – in this article, we explore a range of tokens to watch.
Cryptocurrency investors are becoming more optimistic this year as several significant events indicate that the bull market could outshine bear markets, particularly within the memecoin sector. Therefore, if you’re seeking the top cryptocurrencies to invest in, the tokens listed below offer substantial growth potential and have demonstrated resilience in the face of market fluctuations.
Best Crypto to Buy Now
These tokens present opportunities for investors to capitalize on the potential for substantial returns. Aptos has experienced an intraday increase of 13.69%, currently valued at $12.16. Meanwhile, Dogecoin (DOGE) has witnessed an uptick in price, rising by over 30% to $0.1295. This surge represents a remarkable 53.06% increase over the past week, signaling a bullish trend in the market. Additionally, FET has surged by more than 79% in the past four weeks, indicating robust support from buyers.
1. Aptos (APT)
Aptos distinguishes itself by utilizing the Move programming language, initially developed by Meta’s Diem blockchain team. It aims to facilitate the mainstream adoption of web3 technologies by fostering a diverse ecosystem of decentralized applications (dApps) tailored to address real-world challenges.
To enhance its security measures, Aptos recently partnered with zkMe. Moreover, zkMe is a provider specializing in simple, secure, and confidential identity verification support on the Aptos network. This collaboration will seamlessly integrate zkMe’s Oracle identity into the Aptos ecosystem. The Oracle will be available to all developers and creators building on the platform.
Furthermore, Aptos (APT) has observed a surge in its price, currently standing at $12.16, marking a 13.69% increase in the last 24 hours. The token’s price fluctuated between $10.72 and $13.01 during this timeframe. Moreover, Aptos’s market capitalization has surged by 13.94%, surpassing $4.45 billion and a remarkable 622% surge in trading volume.
This recent price upswing for Aptos is closely associated with its upcoming announcements at ETH Denver, scheduled for February 28 and 29. Additionally, the Total Value Locked (TVL) in Aptos has experienced substantial growth, skyrocketing from $60 million to $240 million in just three months.
Big moves for growth and security on Aptos! The Aptos Foundation and @zkme_, leader in blockchain-based identity solutions, have partnered to provide easy, secure, and confidential identity verification on the Aptos network.
zkMe’s identity oracle will be integrated into the… pic.twitter.com/CMsXnZO3kT
— Aptos (@Aptos) February 27, 2024
Market analysts have highlighted the potential for further gains, indicating robust buying pressure. Aptos has demonstrated growth propelled by innovative technologies and bullish market sentiments. As the platform continues to evolve, it presents intriguing opportunities for investors within the cryptocurrency market.
2. Dogecoin (DOGE)
Dogecoin (DOGE) has seen a significant surge in its price, rising by over 30% to trade at $0.1295. This surge has led to a 53.06% increase over the past week, indicating a bullish trend in the market. The price of DOGE has surpassed a significant milestone, shedding one zero from its value, a feat not achieved in over a year.
This recent rally has propelled Dogecoin to reach a 52-week high of $0.1344, hinting at the possibility of revisiting its previous all-time high of $0.7385. Moreover, there has been an accumulation of DOGE by large investors. Data from Whale Alert shows that 276.21 million DOGE was accumulated from Robinhood, a popular financial services company.
Also, two significant transactions contributed to this accumulation, one involving the acquisition of 172.89 million DOGE valued at $16.59 million and the other acquiring 103.32 million DOGE totaling $9.87 million.
The sentiment around Dogecoin’s price prediction is bullish, with the Fear & Greed Index showing extreme greed at 80. Last year, Dogecoin experienced a 57% increase in price, outperforming 51% of the top 100 crypto assets.
Overall, the recent surge in Dogecoin’s price, coupled with whale accumulation and positive sentiment, suggests a favorable outlook for the meme coin in the near term. However, investors should remain cautious and conduct thorough research before making investment decisions.
3. Green Bitcoin (GBTC)
Green Bitcoin combines Bitcoin’s legacy with Ethereum’s eco-friendly blockchain. It offers a sustainable staking mechanism called Gamified Green Staking, providing investors with passive income opportunities based on their investment levels.
In its current presale phase, GBTC has crossed the $1 million milestone, with 66% of its tokens staked. This staking activity translates to an Annual Percentage Yield (APY) of 249%, enticing investors with lucrative rewards. Moreover, this phase presents an opportune moment for investors to capitalize on the current price, with an anticipated surge expected in the next three days.
https://youtu.be/oKoBeqVAX6M?si=G0EpqB16tKW6AMb8
Furthermore, Green Bitcoin aims to forge strategic partnerships with industry leaders, green technology firms, and environmentally conscious organizations. This concerted effort aligns with its commitment to sustainability and expansion, reinforcing its environmental ethos. GBTC’s tokenomics are structured to facilitate sustainable growth.
Will #Bitcoin break ATHs today!?
You can earn Green Bitcoin by making the right guess!https://t.co/dG5cEeD1H0
— GreenBitcoin (@GreenBTCtoken) February 28, 2024
A considerable portion of its allocation is earmarked for the presale phase, offering early adopters a distinct advantage. Additionally, substantial resources are allocated towards rewarding participants engaged in staking activities to foster long-term value and stability. In summary, Green Bitcoin emerges as a promising venture that endeavors to blend the strengths of established cryptocurrencies and prioritize environmental sustainability.
4. Fetch.ai (FET)
The Fetch.ai token has had a mixed performance at the start of the month, initially experiencing some losses before gaining momentum. The token has surged by more than 79% in the past four weeks, thereby indicating strong support from buyers.
Furthermore, FET is currently priced at $1.41 with over 688 million tokens in circulation. The price of Fetch.ai increased by 22.63% in 24 hours, with a market capitalization of over $1 billion. In addition, market sentiment suggests potential further appreciation in the token’s value, positioning Fetch.ai as one of the best cryptocurrencies to buy now.
Additionally, FET is trading near its all-time high, indicating robust investor interest. Fetch.ai has outperformed 80% of the top 100 crypto assets with a remarkable 204% increase in price over the last year. It has high liquidity based on its market capitalization.
We massively appreciate the support shown by the community and we're proud to be leading the charge for decentralized #AI Agents 💪🤖
Stay tuned because there is SO MUCH more to come 🚀 https://t.co/1yNdR1SR1Y
— Fetch.ai (@Fetch_ai) February 23, 2024
The recent surge in the price of Fetch.ai coincides with a renewed interest in AI-based tokens and positive developments such as its inclusion in a Binance campaign. These factors are expected to drive increased adoption and investor attention. Despite the promising growth prospects and bullish sentiment surrounding Fetch.ai, investors are urged to conduct thorough research due to the inherent volatility of cryptocurrencies.
5. Toncoin (TON)
Toncoin employs the proof-of-stake (PoS) consensus model to enhance network scalability and reliability. The platform provides fast, transparent, secure payment services with minimal fees. It caters to customer transactions and supports third-party applications.
In 2018, Telegram initiated the TON blockchain project, introducing Gram as its native currency for facilitating transactions and network operations. However, regulatory challenges from the SEC prompted Telegram to discontinue its involvement in 2020, leading the project to transition to community developers.
TON has transformed into an open-source blockchain platform, powering various initiatives. Recently, Telegram announced the launch of its advertising platform on the innovative TON blockchain. This development will revolutionize compensation for channel owners, introducing a new era of financial rewards in over 100 countries, starting in March.
🚀 The Open League takes off today!
Start your Pilot Season today. Use #TON Projects, Complete quests, earn collectibles, and get the chance to win TON-backed points!
All you need is a Telegram account.
Get started👇https://t.co/FmYcmCQu1J pic.twitter.com/Ip1EfWBooY
— TON 💎 (@ton_blockchain) January 29, 2024
Under this scheme, Telegram channel owners will receive 50% of ad revenue from their channels, distributed exclusively in TON. The announcement caused a significant surge in TON’s price, soaring by 31% within an hour and reaching an intraday high of approximately $2.9. Currently, Toncoin (TON) is trading around $2.68, with over 15% upside momentum in the last 24 hours.
TON has experienced a significant increase of 26% in 7 days. Equally, in the previous 30 days, the token has risen 25%. According to technical analysis, the recent price surge brought the TON token to a strong resistance level at around $2.7.
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