Best Crypto to Buy Now June 16 – Deelance, Dogecoin, KuCoin

Join Our Telegram channel to stay up to date on breaking news coverage

Since our best crypto-to-buy now updates of yesterday, the market witnessed impressive movements that may have caught investors by surprise. A typical example is the sudden gains in the price of BTC.

In the meantime, the global crypto market cap gained a 2.36% increase over the last 24 hours, and the value is at $1.04T. The market recorded a drop of over 22.21% in trading volume, bringing the value to $31.11 billion in the last 24 hours. DeFi still accounts for about 6.85% of the total crypto market volume, less than the value seen 24 hours ago. Bitcoin dominance is up by 0.21%.

Global Market Cap Chart

In the news, bitcoin recorded a gain of 2.7% in 24 hours following the news of BlackRock backing a Bitcoin Spot ETF. The news has sparked hope and confidence in the BTC as the price heads towards the $26,000 mark. The value growth is coming against the dip of yesterday which say about a 6% loss in the value of BTC.

Best Crypto to Buy Now

In today’s list of best crypto to buy now, we’ve featured some of the assets making progress gains in the market. Investors are invited to take keep an eye on these coins as they are currently on a growth path that might continue unabated over the coming days.

1. KuCoin Token (KCS)

KuCoin has been making significant gains over the past few days. The price has added another 17% gains in 24 hours. Earlier this month, KuCoin saw a massive drop in value after it delisted some projects from its platform. However, the coin began testing its resistance a few days ago. The price gains gave it about a 5.6% recovery in 7 days. Its price went from a dip of $5.6 to

KuCoin was launched as a profit-sharing token. Being a fan-driven platform, the price of KuCoin fluctuates widely in response to a bear and bull market. It was launched on the ERC-20 standard powered by Ethereum Network. The coin has recorded total value gains of 933.48% since its launch. Part of its immense gains came from its buyback program which aimed at buying back over 50% of the 200 million KCS coins supply.

📢The 26th #KuCoinSpotlight Token Sale with @themetajuice @IMVU is here!

⏰Hold & Gain Lottery Tickets: 00:00 on June 16, 2023 (UTC)
💰16,000 $VCORE, 2,500 tickets

Join now!⬇️

— KuCoin (@kucoincom) June 15, 2023

A recent improvement to the KuCooin network may have increased market hopes for the coin, which in turn led to the continuous rally in the price of KCS. In a Twitter post shared on the KuCoin handle, the platform announced that it’s launching the IMVU (VCORE) The platform initiated the IMVU as the 26th project on the network spotlight token sale. The idea is to reveal projects within the network with profit potential.

KCS weekly RSI indicates continuously positive price movement. However, the signals around the coin may not point toward a protracted growth in value. Nonetheless, The short-term gains indications make it the best crypto to buy now.

2. Dogecoin (DOGE)

Dogecoin recorded over 3.1% growth over the past 24 hours. However, the trading volume is down by over 20% bringing it down to 210M in 24 hours. Since the start of what could be called the end of the memecoin seasons, dogecoin has struggled to keep all its gains in its 2022, 90-day bull run. The price has continued a dip consistently, shaving off a wide margin of its value. Notwithstanding, DOGE has seen total gains of over 10900% in its lifetime, showing its overall performance.

Dogecoin may be the best crypto to buy now for several reasons. First, indicators show that the market might be preparing for another memecoin season. Largely, the category has seen a wide loss in value due to the recent bear market. Many of the coins in the category continue to test the resistance in a move that could break them into a bull run. This is coming against the backdrop of the sec tussle.

Consequently, DOGE, which was trading closer to its daily low at the start of the week has begun an upward price movent over the week bringing its trading values closer to $0.065 than the usual $0.058. Indicators reveal that the price may see a rally if it crosses the $0.065 resistance zone. Altcoin investors should keep an eye on the performance of DOGE coins as the price could see protracted growth in the coming days.

Buy DOGE on eToro.

3. Litecoin (LTC)

Litecoin trading volume is down by 35%. However, its price made a gain of 4% in 24 hours. While this may be far from the loss recorded over the past 7-day loss LTC has continued on a continuous growth path in the past days. The coin experienced a sharp drop in prices earlier in the week which brought its price from a high of $77 to as low as $72. In no time, the coin started adjusting its rice and has since regained over 60% of its loss. As of now, it’s on a continuous growth path that might see it progressively break through its resistance.

The Litecoin Network has processed over 25 million transactions so far in 2023!$LTC ⚡ pic.twitter.com/sVCkE5zE6o

— Litecoin (@litecoin) June 14, 2023

Even though the coin has seen a massive reduction in the influx of funds from traders, it continues to mount new pressure on its resistance. It recently announced over 25 million transactions in 2023. One of the more recent activities that may have renewed the hopes of holders of the coin is the announcement that the coin is not classified as a security. In a sense when investors are looking for an opportunity to hedge their funds, Litecoin may be positioned to harvest an influx of users stepping away from the threatened assets.

Buy LTC on eToro.

4. Deelance (DLANCE)

Deelance performed excellently in its presale launch. Barely 7 days to the end of stage 4 of its presale, the platform has raised over $1.3 million and is headed towards the $1.7 million target. It’s out to solve the problems that have plagued the freelancing and gig economy. Generally, it is believed that application of the web3 in implementation education and freelancing would drive the majority of its growth. Deelance is positioning itself to become a key disruptor in the freelancing industry as the world transition from web2 to web3. The platform features a huge ecosystem of web services tailored towards giving freelancers and employers the best experience.

Hey DeeLancers! 👨‍💻

💼🌟 Calling all digital professionals, service providers, and NFT holders! #DeeLance presale is your entry point to an extraordinary ecosystem, where you can advertise your brand on billboards and own your virtual office – all in the Metaverse.

Take… pic.twitter.com/Iwee2TZUrh

— DeeLance (@deelance_com) June 14, 2023

Furthermore, Its featured solutions include the Metaverse workplace where employers and freelancers can interact through avatars. The idea is to create a more engaging interface where users can have an enhanced communication experience. Likewise, it’s believed that the metaverse would make it easier for employers to review the qualities and personalities of the freelancers they want to hire. In addition, Deelance is also establishing a better method of defining the ownership of the project through its NFT integrations.

The idea is to reduce the dispute around ownership of creative works and intellectual properties by backing them with NFTs. The use Deelance NFTs marketplace is not limited to freelancers and employers alone. DLANCE holders equally have access too. Ultimately, Deelance is about to set the freelancing industry on a new course that would dramatically reduce the power of the established freelancing platforms and put the power in the hands of freelancers and employers.

Visit Deelance presale.

5. OKB (OKB)

OKB is one of the cryptocurrencies growing its influence in the background. Despite losing about 7.9% of its value in the bear market of the last 7 days, it’s quickly regained over 4% of its value in about 24 hours. Generally, OKB has seen a value growth of over 2400% in its lifetime. Currently, is priced at $40.58, with a total supply of 300 million coins. Meanwhile, its’ maximum supply is unknown.

OKB is the currency of OKEx, the OK Blockchain Foundation, and the Maltese crypto exchange. It enables users to access the key features of the OKEx platforms. Being the native crypto of the platform, it is used for trading fees and used in calculations. OKB is also used in governance and voting on the OKEx platform Rewards are also paid to users in OKB.

The coin started witnessing a surge in price following the recently completed 5.5 million OKB token buyback carried out across the network. Price growth might continue unabated into the early parts of next week as indicators show progressive bullish actions in the OKB price movement. Investors should keep an eye on this token as it might be one of the best cryptos to buy now.

Smog (SMOG) - Meme Coin With Rewards

Rating