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Since the Best crypto to buy now of yesterday, the market continues on a downward trend. Similarly, many crypto assets have lost the bulk of the gains amassed over the past week.
The global market cap dipped by 3.29% in the last 24 hours, bringing the value to $1.02 trillion. The total trading volume peaked at $36.29 billion, a 15.92% rise over the previous day’s value. DeFi makes up 7.27% of total trading volume with a value of $2.64 billion and stable coins constitute 96.64% of the trading volume in the crypto market in the last 24 hours.
Global Market Cap Chart
The news in the crypto sector has been quite gloomy around the crypto market as outflow continues to rise due to the persistent dominance of the bears in the market. The top cryptos can barely hold on to their values. Surprisingly, the top 10 cryptos dipped by a wide margin. Polygon, MATIC, lost 7.9% of its value, and Cardano lost 7%. Also, the price of Bitcoin sank by over 4.2% in 24 hours, bringing its value to $24,977.
Best Crypto to Buy Now
Despite the downward trends in the market, we’ve compiled our list of the best crypto to buy now. As it is our culture, we’ve added some exciting presales that are on their way to becoming a big hit in the market. Investors are invited to keep an eye on these coins as they are poised to challenge the dominant forces in the crypto sector.
1. Trust Wallet Token (TWT)
Generally, TWT has been on a declining price movement for a larger part of the month. Despite being one of the most progressive cryptos on the market, the protracted bear market has shaved off more than 27% of the value of TWT. However, the coin picked up again today with an 8.62% increase in its price over the past 24 hours. TWT price recovery comes as a surprise at a time when prices of cryptocurrencies have been on a steady decline across the board.
To provide a quick overview of how TW works, Trust Wallet Token, often referred to as TWT is a utility token built on the BEP-20 protocol. It was initially intended to be used as a reward for Trust Wallet users. However, it’s grown to assume its place in the crypto market. Basically, Trust Wallet is a crypto wallet that holds most of the popular crypto assets. It supports cryptocurrencies like Bitcoin, Ethereum, Binance Coin, Litecoin, Ripple, Dogecoin, Solana, Polygon, ThorChain, Polkadot, and others. The BEP-20 is built on the BNB smart chain. Similarly, BNB smart chain (BSC) is an extension of the Ethereum token standard.
2. Wall Street Memes (WSM)
Wall Street Memes continues its presale momentum as it approaches the much anticipated hard cap of $7.5 million. WSM passes as the best cryptocurrency buy now, as it has gathered some exceptional feats in its short period of presale launch. The first one was that it surpassed $200,000 barely minutes after the presale launch kicked off. Secondly, It reached $5 million within weeks of the presale launch. Finally, it’s raised another $2 million within a few days of surpassing its last milestone. WSM is raving up so much momentum that might shoot it to the top of the memecoin category when it hits the market. the bulk of the presale speed comes from the community around Wall Street Memes.
Introducing $WSM – yep, we’ve gone and done it.
The community token that’s flipping the Wall Street Memes game upside down! 🐂We have 50% of the #Token supply up for grabs in the #Presale and 30% set aside for rewarding our community.🔥
Let’s make some serious waves together,… pic.twitter.com/fH2TMGmglZ
— Wall Street Memes (@wallstmemes) May 27, 2023
The coin stems from a sentiment that’s promoting the idea that anyone who wishes to become wealthy should be allowed to attain whatever level of desired wealth. It has positioned itself as the community that’s going against institutional investors to create wealth for its people. Investors should keep a keen eye on WSM as it may be another DOGE, Shiba Inu, or Pepe. Furthermore, the crypto community is on the lookout for another round of memecoin price rallies, WSM may be one of the top gainers if the launch coincides with the memecoin season. Visit Wall Street Memes presale.
3. Band Protocol (BAND)
The BAND has been testing its resistance all week and finally broke through in the past few days. Despite being on a month-long dip, it may be the best crypto to buy now. The price of the project is a cross-chain data oracle network that makes real-world data available to dAPPs and on-chain platforms. After its launch in 2021 Band Protocol saw a huge gain in its price, which brought it to an all-time high of $21. However, the price fell to a dip of $6.8 by the end of 2021 and has since continued on a downward spiral.
Even though it tested its resistance on several occasions, the bulls had not amassed enough strength to break through the pressure of the bears. However, the price showed signs of consolidation recently and might bounce to a new status in the coming days. While BAND may not be seeing its all-time high prices any time soon, it may be an ideal crypto to leverage in the bear market as it’s raking up value in a persistently bearish market. Investors should keep an eye on this one also. Buy Band on eToro
4. yPredict (YPRED)
yPredict just launched its first model as announced in a post on its Twitter handle. The model is currently available to the public for free. Generally, AI-based projects have attracted the largest investments in traditional markets, with billions of dollars in investment capital. The same trend is repeating in the crypto sector.
Several AI-based crypto projects have witnessed massive surges in prices since the AI trend became mainstream. yPredict is an AI-Backed project that’s continued relentlessly in its presale progress. In a few weeks of presale launch, it’s surpassed $2.4 million. The price is currently set at $0.09, and it’s currently approaching its listing value of $0.12. The yPredict project is out to change the approach to the cryptocurrency market analysis.
yPredict’s first model is live and It’s available to use for free, for a limited time.
Link: https://t.co/vT15zTcmL1
Blog: https://t.co/m5tVkclzaO pic.twitter.com/SJwT7AAwlB— yPredict.ai (@yPredict_ai) June 15, 2023
Furthermore, yPredict is out to decentralize access to market data. It gives traders the ability to spot, analyze and make informed decisions about crypto offerings in the market. It brings the capabilities of an Artificial intelligence system to the fingertips of traders, providing them with all the facts and figures needed to trade the market successfully. The sheer magnitude of value that comes with the platform is enough to drive utility for its token. Investors should keep an eye on this one as well, it might be the next gpt in the crypto sector. Visit yPredict presale.
5. KASPA (KAS)
Kaspa has grown under the radar for most of its time on the market. It’s grown its value by over 10000% since it was listed in the earlier part of late July of last year and continued progressively since. Over the past 24 hours, KAS has grown its trading volume by 136% pegging its trading volume at over $20 million. Notwithstanding the gross dip in the market, the coin has grown by a margin of 13% over its 24-hour value and this is not the first of its value increase. It gained a whopping 28% over the past 7 days, even when major coins are witnessing a huge pruning of their values. Bitcoin, for example, lost 6% of its value in the last 7 days, and top 1topoins also dipped by a similar margin over the same period.
Generally, KASPA market performance may stem from the constant development that the community put into the project. A more recent proposed improvement came up a few days back and it’s code-named KIP4 improvement. The improvement is aimed at making the KASPA chain more efficient and sustainable. Ordinarily, Kaspa is a proof-of-work blockchain platform that is built on the GHOSTDAG protocol. With a plan of supporting the layer 2 projects, the perceived long-term value of KASPA becomes obvious. Investors might want to keep an eye on this crypto as all signs show that it’s the best crypto to buy now. Besides, it could equally make an ideal long-term crypto asset to watch.
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