Best Crypto to Buy Now June 27 - Bitcoin Cash, Ecoterra, Dash

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As the crypto market continues its push for profitability, wild fluctuation still bedevils assets in the market. Our last update features some assets that are still outperforming the market till today. Interestingly, some of the coins in that update continue to lead the list of best performers. Today, we’re offering a fresh list of the best crypto to buy now based on their market performance so far. But before we delve into the details, let’s have a look at the global crypto market.

The crypto market cap did better today. It gained 0.67%, which amounts to $1.19 trillion. The trading volume also increased by 13.7%, printing $36.9 billion in the last 24 hours. Also, DeFi constitutes 6.90% of this trading volume, with a value of $2.54 billion.

Global Crypto Marjet Cap Chart

At the helm of the crypto market is the Bitcoin. As its market dominance pushes beyond 50.17%. However, Bitcoin continues to amass decimal gains with a 0.28% increase in value.

Best Crypto to Buy Now

Below is a quick overview of coins that qualify as the best cryptos to buy now. Each coin in the list printed exciting gains in the last 24 hours and they’re likely to record better performance in the coming days. Also, Ecoterra, which is still in its presale phase, made the list as a crypto to watch. More information on this later.

1. IOTA (MIOTA)

Is IOTA going broke? MIOTA reached an all-time high of $5.1 in 2018 and now sells for $0.18. The bulk of the decline in the value is due to the overall shift in the crypto market. IOTA is focused on the Internet of Things using blockchain technology as the backbone of its solution. The market crisis of 2018 and 2022 has sent the value coin into a tailspin.

At the moment, what’s obvious is that the MIOTA is grossly discounted. IOTA platforms are a valuable solution in the connected economy. As gadgets and electronics become more intelligent and the world moves deeper into the metaverse, platforms like IOTA would benefit from the first mover’s advantage, putting them at the forefront of multibillion-dollar opportunities. The fact that the platform was featured at the CBDC study event shows that there is more to hope for. Likewise, the foundation is partnering with some other crypto networks to create a global solution that will integrate with SWIFT.

IOTA presentation for the CBDC study tour of Maldives Central bank
🔥🔥🔥

I am thrilled to share with the community about the exciting opportunity I had today to represent @IOTA/@shimmernet and deliver a presentation titled "IOTA – Government Collaboration in the EU and East… pic.twitter.com/VjUjcuJRiy

— kowei.iota (@kowei1995) June 21, 2023

With the growing interest in the coin, the current gains it embarked on might push the value into new highs. In the last 24 hours, the coin saw a 4% increase in its value. Similarly, an increase of 54% was recorded in its trading volume which brought its value to $10 million. At the current pace, the coin might reach the $2 mark before the end of the week.

2. Bitcoin Cash (BCH)

The last time BCH came close to $220 was in May of 2022, however, the coin touched $226 in the late hours of yesterday before dropping to $219 as of this morning. Surprisingly, it’s been trading sideways, for the most part, this morning, which brings the question of where the price is going next. In our updates of last week, we featured Bitcoin Cash as it continued to mount pressure on $200 resistance which finally gave way in the early days of this week.

The boost in value comes from the decision of Edx exchange to list Bitcoin Cash as one of the four coins it’s kicking off with. This must have increased holders’ confidence in the coin and created new interest in non-holders. The coin saw over 8 thousand new contracts across its network in the past week alone.

Not only that, but there is also an intense surge in social interest in the asset. In the same vein, DeFi activities seem to be on the increase. All these have contributed to the demand for BCH which has driven up its price by over 108% within the last 7 days. In the last 24 hours, BCH has gained over 12% increase in value.

Interestingly, some speculators are presuming that the current rally might continue until BCH approaches $1000. The facts of the claims are questionable as the overall performance of the market seems to speak otherwise.

With the market remaining in the reds for two days consecutively, it’s only a matter of time before the fear sentiment sets spread across the market. However, at the moment, BCH is poised to shoot even further up. BCH is one of the best cryptos to buy now, especially for medium-term gains. Its price is likely to push further up in the coming days as it is yet to consolidate its gains.

Likewise, looking at a few technical indicators, all moving averages are in the buy region, signaling the ranges of 121 – 185. However, the RSI (14) has gone up to 79, which means the coin is currently overbought. The price might not reach the thousand-dollar prediction, however, it’s poised to do better in the coming weeks and even months.

3. Ecoterra (ECOTERRA)

Ecoterra’s initiative continues to receive growing support from its community. The coin recorded another winning stride as it surpassed $5.5 million in presale funding and is headed for its next presale stage after crossing the $5.7 million. The project has enjoyed massive interest from its growing community and is properly positioned to take on the environmental problem facing our world.

Ecoterra features a Recycle2Earn model that’s aimed at rewarding people for participating in recycling exercises. Ecotera’s solution is built on blockchain technology and uses ECOTERRA as its native currency. The currency is used in its reward program for users and participating organizations. Not only that, but it also uses other crypto assets as rewards for companies that use the platform in their recycling operations.

🚀 Incredible news: @ecoterraio has achieved another milestone

🎉 $5,450,000 RAISED 🎉

We're getting closer to the app demo release and making strides towards a sustainable future ♻️💚

Stay tuned for more updates and join our #Presale now ⬇️https://t.co/1fYkPOsPYG pic.twitter.com/RTklluWotC

— ecoterra (@ecoterraio) June 26, 2023

Further incentives offered to users include carbon credits that are baked with NFTs. The idea builds a culture where people see recycling as a lifestyle rather than an option. At the moment, ECOTERRA sells for $0.00925 and is only a few days before it reaches its listing price of $0.1. Now is the best time to join the platform and position to benefit from the value it’ll gain at listing.

Visite Ecoterra presale.

4. Optimism (OP)

Optimism is on its way to recording another round of short-term gains as the coin prints a 16% increase in 7 days. The coin price has been fluctuating wildly for the majority of last week. However, since the opening of the new week. It’s been trading sideways consolidating its price in the $1.3 region.

The current price action stems from the network upgrade which has completed over 500 000 transactions at a lesser cost. The improvement led to an increase in the demand for the platform service which also increased the perceived value of its crypto assets.

Announcing RetroPGF Round 3! 🌱✨

This fall, 30M OP will be distributed to builders, creators, and educators who have provided positive impact to the Optimism Collective.https://t.co/gYpmehImfF

— Optimism (@Optimism) June 21, 2023

While Optimism’s price direction may remain unpredictable in the short term, there are signals that the coin might be a good bet for the long term. With the recent activities around the network, investors should consider OP as the best crypto to buy now for projected returns in the long run.

5. Dash (DASH)

Activities around DASH are on the rise as the trading volume went up by 97% in the last 24 hours. Not only that, the value of the coin also increased by 3% in the last 24 hours. This sudden increase in value is coming against the poor performance of the coin in the weeks preceding its halving and the days following.

However, the poor performance is not unexpected as Dash was listed among the coins to be removed from the Binance platform during the periods in question. However, as Binance announced the reverse of its decision, the coin is seeing improved activities. Not only that, the effect of halving is pushing up the value of the coin. In the last 7 days, Dash has printed over an 11% increase in value. This value may continue on the upward trend for most of this week and even the coming weeks.

On the other hand, the rising drive for CBDC (central bank digital currency), could have sparked the noticeable demand for the DASH. In the coming months, we might start seeing institutions venturing into digital asset projects. The bulk of these institutions may have to leverage the Dash network and other platforms in the privacy category to provide privacy for users. With the sheer number and financial strength of institutions in the finance sector, dash may be preparing for a massive surge in value.

Dash Platform will have an unprecedented impact on the Dash ecosystem when it comes to extending utility and functionality. 🔥 Learn why you should be excited about the Dash Platform here:https://t.co/A6BSfqTWV0

— Dash (@Dashpay) June 26, 2023

At the moment, the price of the asset is quite discounted, making Dash one of the best cryptos to buy now. However, the best approach to Dash is preferably long-term as the coin still has several price resistance to overcome before gaining stability.