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The Cryptocurrency market continues its upward trends as more assets make their way to new highs. Today’s list of best cryptos to buy now features assets that are relatively unknown but have performed exceptionally well under the radar. Before getting into the details, below is a quick review of what the market likes today.
The global market cap dropped by decimals in the last 24 hours, recording a 0.16% decrease in value to record $1.19 trillion. The trading volume, however, topped a 39% increase with a value of $56.45 billion. The DeFi seems to slow down today, constituting only 5% of the total trading volume in the last 24 hours. On the other hand, bitcoin has receded in its gains of yesterday sliding into the red zone with 0.43%Howeverve, it kept its dominance slightly within range at 45%.
Global Crypto Market Cap Chart
Best Crypto to Buy Now
Today’s update on the best cryptos to buy now cuts across different categories of the crypto market. Each coin featured below presents investors with short, medium, and long-term opportunities. In addition, the presale offer included in the article presents for investors to become part of the move to change the world. Find out more below.
1. Woo Network (WOO)
WOO price has been growing in leaps over the last 7 days. What’s equally surprising is its increasing trading volume. However, it appears WOO is late to the party as many liquidity providers have seen immense gains in the past week with Compound and Save gaining a double-digit percent increase in price in the past 7 days.
Generally, WOO is known for its role in aggregating liquidity. It recently delved into DeFi liquidity on Ethereum, BNB, Avalanche, and others. In a sense, the growing activities around the DeFi sector are causing a snowball effect on WOO price trends.
The coin traded sideways in the past before embarking on an upward trend that shot its from$0.18 up to $0.24 in less than 10 days, amounting to grossing over a 15% increase in price in one week. As of press time, WOO records a 13% increase in value over the last 24 hours. Not only that, its trading volume has also gone up by 80% over the same period.
Why’s WOO increasing in price? Besides the general increase in trading volume across the DeFi sector, WOOX 2.0 plays a critical part in the growing price of WOO. Recently, the crypto community has been notified about the coming of WOOX 2.0. In the information shared with its Twitter community, WOO 2.0 is set to improve staking, leverage limits, referrals, and more. WOO X is the network’s product that provides CeFi services to users.
The time has come. 🔥
WOO X 2.0 arrives on Monday, July 3rd, delivering much-anticipated upgrades to staking, referrals, leverage limits and the introduction of #ZeroFeeZone.
Let’s get up to speed on these changes (1/6) 🧵 👇 pic.twitter.com/3VYUxnbs2x
— WOO X (@_WOO_X) June 29, 2023
With the arrival of WOO X 2.0 on the 3rd of July, it’s no doubt that WOO would see a further surge in price. Ultimately, the current price gain may continue for the rest of the month. WOO is currently at its cheapest price and it is one of the best crypto to buy now. Currently upgrades and activities are likely to influence the price in the long run.
2. Chimpzee (CHMPZ)
Many crypto projects are out to maximize investor profit and put more money in the purse of the founders and cryptos. This is quite not so with the Chimpzee project. The CHMPZ is a climate-change-focused project that’s focused on rallying public interest in saving the environment and preserving animals.
Part of its effort to make the environment better and safer is the move to plant 20000 trees in Guatemala in partnership with the One Tree Planted platform. Chimpzee stepped in when the need to raise $20,00o for the project arose. The CHMPZ community, referred to as the Chmpzee army, pitched and donated the needed amount for the project.
🌱Breaking news from #Chimpzee! 📰
🌳We teamed up with @onetreeplanted and have planted 20,000 trees on the Southwest Coast of Guatemala🌿🌎
🙌If you want to help us restore the most beautiful rainforests around the world, join the #Presale today!🚀💚https://t.co/Geog3EW2Ca pic.twitter.com/vMPjWtVJPk
— Official Chimpzee Project (@RealChimpzee) June 29, 2023
This is what the project is all about, the need to preserve, protect and advance the well-being of animals, forests, and the world at large. The platform features three models in its mission to save the environment. The first one is the play-to-earn model, where users play the Chimpzee game. It also featured the shop-to-earn that rewards shoppers for purchasing the chimpzee gears. Finally, the Chimpzee trade-to-earn offers rewards to users for trading Chimpzee NFTs.
The project is currently in its presale fund phase and is calling on climate-conscious investors and activists to come on board. Its token is offered at $0.00067 and only a matter of days before it jumps to $0.0007. Now is the time to be a part of the Chimpzee army to change the world.
3. Axie Infinity (AXS)
Part of the thrills of holding a gaming token is watching your asset gain value while you have fun. Anxie Infinity being a trading and battling game platform offers a different approach to the P2E concept. Why is the Axie Infinity price rising? In the last 24 hours, AXS gained a 6% increase in price and over 240% in trading volume.
Ultimately, the sudden growth in price must have been fuelled by the visibility brought about by the ongoing tournament and the availability of the Axie Origin on the Apple app store. With more eyes on the asset, it’s likely to create a growing demand for its token which is largely used in the game.
According to indicators seen on Tradeview, the crypto faces resistance in its $6 region with its closest support at $4.50. Price rejection at its current value means it might be on a downward trend that may take its price below the $5.0 mark.
Nonetheless, we’ve included AXS in the list of the best crypto to buy now as a result of the presence of Axie Origin on the Apple app store. Its RSI indicates that the coin is currently neutral with a 57 value. However, the long-term moving averages return the sell signals, which means the price might trend down in the coming weeks. The dip positions investors and traders to gain from the next upward trend.
4. Optimism (OP)
Optimism’s token gain is always threatened by the token unlock that plagues the network. With its unlock on the way, According to the information made available on CoinMarketCap, the coin went through another unlock on the 30th of June, releasing over 24 million tokens into the network.
With that, the price of OP may take a bearish hit in the coming days. The price of the token still holds steady due to the growing use cases across the network. However, the pressure from the bear would soon take a toll following the token release.
Despite the influx of tokens into the network, the trading volume of 0P went up by 100% in the last 24 hours, and its price added gains of over 4% in the same period. Nonetheless, its technical indicators show rising pressure in the future. OP’s RSI (14) read 51, which is in the neutral region. Similarly, moving averages return buying signals in the periods of 10 days to 30 days.
However, longer periods ranging from 50-day to 200-day moving averages return the sell signals. Similarly, MACD readings of OP return -0.09, which is largely bearish. In the short run, Optimism is the best crypto to buy. But investors who can keep watch till the price falls will benefit from buying the deep.
5. Neo (NEO)
NEO is on the rise which makes investors wonder whether the coin is finally going to pay off. It’s not just the price increase that catches one’s attention if not the sudden spike in trudging volume. In the last 24 hours, the price increased by 15% and a trading volume jump of over 200%.
The spike in activities around the asset is coming against the backdrop of Solana Cardinal getting shut down. The move was announced on Solana’s Twitter handle. With that in play, competing platforms like NEO seem to be the best alternative as the network has advised users to move their funds off the project in the space of two months.
NEO is one of the few blockchains participating in the Chinese market, which makes it quite appealing to investors. But, it has operated much under the radar as a result of stiff crypto regulation in China. In the meantime, the platform is working aggressively to position itself for the future. In its efforts, the network is working extensively and has implemented the N3 upgrades which it hopes will improve it.
According to its technical analysis, NEO is currently showing strong buy signals across all key indicators, making it one of the best cryptos to buy now. Its RSI for example remains neutral in the range of 67.
All moving averages, including SMAs signals, buy, with readings ranging from 8.5 to 10.5. Invariably, NEO is a strategy for both long, medium, and short-term investments. With China considering advancement in the crypto sector, there is no doubt that assets like NEO would become one of the biggest crypto players in the future.
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