Best Crypto to Buy Now July 24 - Worldcoin, Evil Pepe, Trust Wallet Network

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The crypto market is currently experiencing a downturn. Right now, the price of major assets is below what they were 24 hours ago. There are speculations that the reaction is coming in anticipation of the meeting of the FED tomorrow. Notwithstanding the market sentiment, what are the best cryptos to buy now? Despite the market downturn, some assets are upbeat and worthy of note. Surprisingly, one of the new arrivals on the market seems to outperform the market by almost 100%. Other assets featured below have also done well in the last 24 hours. Meanwhile, the data below features a snippet of CoinMarketCap’s overview of the cryptocurrency market in the last 24 hours.

Global Crypto Market Cap Chart

At press time, the global crypto market cap decreased by 2.5% with a value of $1.17 trillion. Conversely, the trading volume saw an increase of 44.24%, printing a value of $32.3 billion. The surge in trading volume also reflects in the DeFi sector which makes up 8.7% of the crypto trading volume in the last 24 hours.

Best Crypto to Buy Now

The down market often reveals the most resilient assets. In the last 24 hours, many cryptocurrencies have lost the majority of the gains amassed in the last week. It makes investors wonder what could be the best crypto to buy now, especially as the new week unfolds. In the meantime, crypto presales present an opportunity to delve into new sectors of the crypto industry. A good instance is the Evil Pepe presale that’s currently teeming with raving fans and degen investors. Read the updates below for more details.

1. WorldCoin (WLD)

Worldcoin is currently pumping at an alarming rate. Following its transition from the Polygon network to Optimism, the WLD token finally goes live. According to the information posted on the official handle of the asset, the project launched in the early hours of today, and the price of the asset has seen a rally and a boost in its trading volume. Within hours of listing the price has moved from $1.9 to $2.7, printing gains of over 70% in the period.

What’s alarming is that the value pump in the price of the asset is coming against the overall decline in the price of tokens across the crypto market. Ultimately, the token seems to be outperforming the market by a wide margin. It might be safe to say that its performance in today’s down market attests to the coin’s potential.

To provide an overview, WLD is the native token of the Worldcoin project, which aims to create a global identity network. It is working towards creating a blockchain-based system that allows users to verify their identity via the concept it describes as the proof of personhood. Furthermore, the network is said to leverage the Zero-knowledge proofs, which help it uphold its claims on user privacy.

The Worldcoin project is now live. pic.twitter.com/xZXG4w56Ps

— Worldcoin (@worldcoin) July 24, 2023

One of the reasons behind the meteoric rise of the WLD token is the influence of its Founder, Sam Altman, who is also the co-founder of OpenAI the organization behind the popular ChatGPT. His track record of startup successes seems to breathe confidence into crypto investors as the token has over quickly climbed to #102 on the CoinMarketCap ranking. With the utility and team behind the WLD project, it might be one of the best cryptos to buy now for the long term.

2. Trust Wallet Token (TWT)

Trust Wallet Token, TWT, is currently on the growth path. Generally, there has been a fierce battle between the bulls and the bears for most of the year. TWT Q1 and Q2 performances have been quite low with the token losing bulk of its value. In the first quarter, the price of TWT saw a decline of 16.54% and a plunge from $1.43 to $1.19.

The drop went further down in Q2 at about 25.76%, pushing TWT price from $1.19 to $0.88. However, the outcome might be different in Q3. TWT has been on an upward trend since the middle of the month and has continued till this morning. In the last 24 hours, TWT recorded a price increase of 4% and a trading volume pump of over 65%.

From TWT charts it’s clear that the token just climbed out of the oversold region with an RSI (14) value that sits slightly above 50. Even though TWT is trading much below its 200 days EMA, there’s the likelihood of a crossover if it continues at its current pace. With a positive market sentiment above, 55, It might be able to hold its current gains much longer.

Also, given its current momentum, TWT may push above the resistance at $0.9 and further segment its hold on the $1 mark. But the major leaps might not come until much later in the year. Right now, TWT is one of the best cryptos to buy now based on its grossly discounted value.

3. Dogecoin (DOGE)

Dogecoin is another cryptocurrency that’s currently trending against the market. While the majority of the tokens on the market today are trending downwards, DOGE is printing over 5% gains with a volume pump of over 200%. It’s been on the growth path in the last 7 days, with its price moving from $0.69 to $0.77. Additionally, DOGE has had 16 green days in the last 30 days. Perhaps, it might be able to push to a positive Q3. Dogecoin ended the last quarter in a decline with over 13% shaved off its value. However, several metrics point towards a more positive Q3 based on relevant metrics. Right now, DOGE’s performance is currently best over 75% of the top crypto assets. Moreover, its current price sits above its 200-day SMA, revealing the chance that its gains might hold much longer.

Consequently, DOGE qualifies as one of the best cryptos to buy now. Not only is it giving off impressive metrics. According to information flying around crypto communities, Elon Musk seems to take a more decisive stand behind the asset. It is said that Bitcoin and Dogecoin would remain on the list of payment methods for some of its products. Further claims also stated that Elon Musk might include DOGE as the payment option in some of his companies besides Tesla. Invariably, the confidence to hodl would be restored to the DOGE community, further driving up the price of the asset. Now might be the time to get in and ride the upward wave.

4. Litecoin (LTC)

Now might be the time to buy Litecoin dip. With its halving only a few days away, there seems to be the pump-and-dump effect in play. Currently, the price of the asset is forced to its lowest in anticipation of a rally. In the last 24 hours, LTC last dropped by nearly 3% bringing the price further down from $112 to $89.

For now, It’s not clear how further down the price might go, given that LTC is still trading above the 200-day SMA, despite the price drop. However, Its RSI shows that LTC might not drop much longer as the token currently has an RSI (14) value of 28, which is much in the oversold range. The token would likely retrace in the coming days.

Now might be the best time to buy in towards the upward trend. Given that the halving would come up in the first half of August, it’s best to take a medium-term perspective to give room for the wild fluctuation that might follow the halving event. However, there’s a need to bear in mind that most halving that happened this year has deviated from the norm.

Usually, the weeks before and after halving tend to bring about upward trends in price. However, the halving of popular tokens such as Dash diverged from the trend. Also, the price action in the past weeks has not been consistent with its price actions towards past halvings. Therefore, it’s best to factor the changes into making trading or investment decisions.

5. Evil Pepe (EVILPEPE)

It’s only 9 days from the end of the EVILPEPE presale and the token is offered for $0.000333. Right now, the project is giving degen investors a chance to become a part of the booming memecoin community. With DOGE demonstrating the resilience of Memecoin in the down market of today, it’s easy to understand that memecoin sometimes comes with advantages, no matter its risks.

Presale Update

🐸27% sold and climbing
⏰ 9 days left on the clock
😈 100% change #EvilPepe will find your weakness

It's time to find out more about $EvilPepe and discover why missing out on this #Presale is the mistake of all mistakes.. pic.twitter.com/aGGYMtm0Yc

— Evil Pepe (@evilpepe_token) July 23, 2023

The project aims at raising $1.9 million in presale funds before going on the market. Through the presale, it’s offering 90% of the asset to the public and only retaining 10$ for liquidity. What this means is that the project would be owned and controlled by the community. The presale has reached 27% and the platform has raised $646,975.

As soon as the funds reach their milestone, the opportunity to join the presale community and benefit from the initial pump closes. The only chance left is to buy at market value which could be anywhere from 2 to 10 times its current price. Investors can still get onboard before the end of the presale.

Visit Evil Pepe presale.