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Crypto traders are always on the hunt for the best cryptocurrencies to buy on any given day – we list some high potential coins in this post.
With the Bitcoin halving drawing near, investors are growing increasingly optimistic. This highly anticipated event holds significant potential for impact. Several coins may demonstrate promising outcomes due to recent market shifts and potential developments. This renewed interest in alternative cryptocurrencies strengthens investor confidence, prompting many to actively reassess and adjust their portfolios.
Best Crypto to Buy Now
Digital assets such as Jupiter, Quant, and Sui are positioned favorably for potential success. The presale of eTukTuk has raised over $2.2 million, highlighting robust investor interest. Also, NEAR Protocol’s recent surge indicates bullish sentiment among investors, with the token experiencing an intraday increase of 11.65%. Over the last 24 hours, JUP has witnessed a 15.55% uptick, accompanied by a corresponding rise in market cap.
1. eTukTuk (TUK)
eTukTuk‘s presale surpasses the $2.2 million mark, indicating strong investor interest in its innovative approach to revolutionizing transportation in developing nations. The project focuses on advancing eco-friendly initiatives, resonating well with investors keen on supporting environmental goals.
These newly emerging AI tokens packed with AI technology are primed for 2024 growth – @EconomicTimes
Read more here:https://t.co/tYrd4BLeKR
— eTukTuk (@eTukTukio) March 15, 2024
Moreover, eTukTuk integrates AI-enhanced blockchain technology, facilitating smart infrastructure and green initiatives. The presale progresses in stages, with the price of TUK increasing gradually as more funds are secured. With a hard cap target of $10.7 million, the project aims to fulfill its outlined objectives.
TUK tokens are currently priced at $0.026 each and can be acquired using BNB, USDT, or credit/debit cards. Investors can also stake their tokens, potentially earning up to 112% APY yields. Over 43,914,420 million TUK tokens have already been staked.
In addition, eTukTuk plans to list TUK on leading exchanges after its presale to improve liquidity and accessibility. The project’s Telegram community anticipates these listings, believing that eTukTuk’s eco-friendly objectives could drive demand. With the presale’s ongoing momentum, eTukTuk appears poised to achieve its hard cap goal, marking progress toward the execution phase of its roadmap.
2. NEAR Protocol (NEAR)
NEAR ecosystem’s recent integration of Frax Finance marks a significant step forward. Through platforms like Ref Finance and Burrow, Frax stablecoin has been launched on NEAR using tools such as FraxFerry and the Rainbow Bridge. This move enhances diversity in the stablecoin landscape on NEAR and introduces new opportunities for DeFi and yield-bearing assets within the ecosystem.
The NEAR ecosystem and Frax contributors are set to collaborate further. They will engage in ongoing, in-depth research and integrate protocols. A key focus for both teams will be introducing short-term treasury yields on NEAR using sFRAX.
Nonetheless, the recent surge in NEAR Protocol’s price reflects a bullish sentiment among investors. The token has seen an intraday increase of 11.65%. Currently, it is trading at $7.84, up from its low of $7.15 over the same period.
The NEAR Ecosystem welcomes @fraxfinance on NEAR as it takes its first major leap into a non-EVM environment.
This move increases diversity in the stablecoin landscape on NEAR, among other novel unlocks for DeFi and yield-bearing assets on NEAR.
Let's. Fraxin. Go.
Read more:… pic.twitter.com/FsW7YTXR8y
— NEAR Protocol (@NEARProtocol) March 14, 2024
Also, NEAR has shown a remarkable 267% increase in value over the past year, outperforming 77% of the top 100 crypto assets. The sentiment remains optimistic, with NEAR’s price currently trading above its 200-day simple moving average. Moreover, NEAR Protocol’s participation in Nvidia’s AI conference presents an upbeat outlook for potential partnerships and insights.
Such events have historically had a positive impact on token value. However, it’s essential to acknowledge the market’s inherent volatility. While these surges may suggest long-term growth potential, investors should exercise caution and consider the broader market dynamics.
3. Sui (SUI)
Sui has swiftly climbed the ranks to establish itself among the top 100 cryptocurrencies by market cap. This ascent has been primarily driven by its Total Value Locked (TVL), which has surpassed $500 million due to robust market adoption and confidence in the platform.
The token boasts high liquidity, evident from its volume-to-market cap ratio of 0.5704. Currently, the token’s market cap is $2.14 billion, with a 24-hour trading volume of $1.22 billion.
Furthermore, SUI trades above its 200-day simple moving average, indicating a positive trend. Moreover, its performance compared to its token sale price has been favorable. One of Sui’s key strengths lies in its innovative approach and limited token supply. Only 1.2 billion out of 10 billion tokens are circulated, contributing to its bullish momentum.
Beginning your journey as a dev on Sui? Love SuiFrens?@letsmovesui offers an interactive, engaging, and fun learning experience, guiding individuals through the motions of Move with the support from SuiFrens!https://t.co/viWeGFUaWf
— Sui (@SuiNetwork) March 16, 2024
Additionally, the distribution model allocates 50% for ecosystem development and the rest between early contributors and the community. This fosters a positive outlook for Sui’s value appreciation as its adoption grows. In addition, Sui is priced at $1.72 at the time of writing, experiencing an intraday increase of 17.09%.
Market sentiment towards Sui is bullish, as evidenced by a Fear & Greed Index reading of 77, indicating extreme greed among investors. Looking ahead, price predictions for Sui suggest potential growth to $3.74 by the end of the year and further to $5.24 by 2025. This indicates optimism surrounding the project’s future trajectory.
4. Jupiter (JUP)
Jupiter is a decentralized exchange running on the Solana blockchain. The token has experienced a notable surge in its token price. Over the past 24 hours, JUP saw a 15.55% increase, which was accompanied by a similar boost in market capitalization.
This upward trend has been even more pronounced month-to-date, with JUP skyrocketing by over 178%. It’s now eyeing its initial value of $2. This surge is credited to the efforts of the Jupiter team, who have been enhancing and diversifying the functionalities of the Jupiter ecosystem.
Technical indicators suggest a positive outlook for JUP’s price in the coming years. The token has been consistently trading above its 200-day simple moving average and has seen 20 gain days out of the last 30 days. Additionally, JUP is trading near its all-time high and boasts high liquidity based on its market cap.
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Value-average (VA) prioritizes balanced portfolio growth by dynamically adjusting… pic.twitter.com/Wv1vjTTeBU
— Jupiter 🪐 (@JupiterExchange) March 14, 2024
Since the beginning of the month, Jupiter has facilitated a total trading volume of 29.6 billion and processed 41.8 million transactions from 1.5 million distinct wallets. This steady growth underscores Jupiter’s increasing prominence and utility in the cryptocurrency space, positioning it as an attractive option for investors seeking sustainable growth opportunities.
5. Quant (QNT)
Quant aims to revolutionize the blockchain world by solving the longstanding interoperability challenge. Unlike traditional blockchain systems operating in isolation, Quant’s Overledger acts as a bridge, connecting various global blockchains and networks. This unique approach allows seamless interaction between projects without sacrificing efficiency or interoperability.
Moreover, creating the first blockchain operating system marks Quant as the pioneer in solving the interoperability problem. QNT is currently valued at $128.21, with a 7-day increase of 5.25%. The token’s performance has been positive, trading above the 200-day simple moving average.
Nonetheless, the sentiment regarding its price prediction remains neutral. However, its Fear & Greed Index indicates a level of extreme greed at 77. Quant demonstrates consistent positive performance with 17 green days in the last 30 days. Additionally, its high liquidity, as reflected by its market cap, further solidifies its position in the market.
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