Best Crypto To Buy Now October 16 - Rollbit, Tron, Trust Wallet Token

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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.

Surprisingly, the crypto market is experiencing rising values across the board today, which raises the question of what might be the best cryptos to buy now.

Even though recent bullish trends often ended in bull traps, some tokens still present opportunities for short-term gains.

Hence, today’s review presents some of the best-performing tokens in the market, with the aim of identifying the best cryptocurrencies to buy now.

Best Crypto to Buy Now

Additionally, today’s post highlights recent presale offerings that investors can tap into for massive earnings. Bitcoin Minetrix, for example, is exploring the cloud computing technology for Bitcoin Mining. The crypto project is offering early investors the opportunity to take advantage of Bitcoin mining before the arrival of the next bull run. The details of the projects and the summary of other excellent crypto opportunities are presented below.

Global Crypto Market Cap Chart

1. TRON (TRX)

Is TRON the best crypto to buy now? TRON has been printing impressive numbers in recent times. The token has kept an upward trend for the past eight months, and it has kept the trend till today. In the last 24 hours, TRON has seen an increase of over 2.5%. Besides its trending price, there’s also an increase in the trading volume of the asset, with a spike of about 90% in the last 24 hours.

Generally, the recent rise in the performance of TRON can be traced to increasing activities and development across the ecosystem. An example is the integration with Google Cloud. Investors should add the token to their watchlist as there are indications that TRX might be one of the best cryptocurrencies to buy now.

Let's learn more about our recent integration with @googlecloud’s #BigQuery and how it will benefit all our #TRON users. 🤓 pic.twitter.com/8WM6gdxHGN

— TRON DAO (@trondao) October 11, 2023

Even though TRON has been battling with stagnation due to the overall bearish sentiment in the crypto market, recent DATA shows that the token may be positioned for significant gains in the coming days. In the last 30 days, the token has recorded 18 green days, which indicates growing confidence in the asset. Ultimately, it might end the fourth quarter with an impressive price. Some project the price of TRON to reach closer to, if not more than, $0.1.

2. BarnBridge (BOND)

Even though BarnBridge is not a new crypto project, it recently started attracting interest from investors. The project was launched in 2020 as a risk tokenization protocol. BarnBridge provides a type of Lego for the DeFi sector. Its primary function is to help create tradable tokens that expose consumers to market volatility.

BOND currently prints 30% gains against the USDC on exchanges. The sudden surge in price came after the platform voted to comply with the regulatory body of the United States, SEC. The price of BarnBridge currently has a price of $5.85, one of the highest it has recorded this year. Similarly, its price in the last seven days has seen an increase of over 207%. The trading volume of BOND is up to $216,202,615.31 in the last 24 hours.

Nonetheless, there are rising concerns for the future of the token as there is speculation that the asset’s control and decision making is relatively centralized. Recently, the BOND vote generated a lot of buzz when a voting exercise that constituted a 1-of-1 voter led to a change in decision. The voting got several crypto enthusiasts concerned, with many questioning the integrity of the platform. Hence, BOND may face rising churn as time progresses if drastic measures are not implemented to correct the circulating opinion.

3. Trust Wallet Token (TWT)

Also on the list of the best cryptos to buy now is the Trust Wallet Token. Best known as the BEP-20 utility token, the token serves as a reward and incentive to users of the Trust Walle platform. As of today, the price of the asset increased by over 8% in the early hours before falling by nearly 3%.

The pump in price is the market’s response to the recent evolution of the Trust Wallet platform, which sees the platform becoming more adapted for Web3. However, the sudden decline in the price of TWT results from its overbought signals, as seen in its RSI reading of 75. On the other hand, most of its moving averages show that the token’s short bullish trend is far from over. Hence, the fall might be the opportunity to buy the deep. Investors, it’s best to keep an eye out for TWT trends over the week to see how the trend unfolds.

Introducing #TrustWallet's biggest update yet; our reimagined brand, revamped app & #TrustWalletExtension💙💚

We’ve evolved into more than just a wallet. Explore our new #Web3 gateway & control your own financial freedom. #FreedomFoundations

Get ready⤵️https://t.co/qawtvtsfIm pic.twitter.com/fbbUEp5Pq2

— Trust Wallet (@TrustWallet) October 16, 2023

4. Rollbit Coin (RLB)

RLB is one of the top-performing tokens today, with a price increase of over 12% in the last 24 hours. Additionally, the trading volume of the token is up by over 190% in the period, bringing the value of its trading volume to $5,571,753 in the last 24 hours and also resulting in over 14% increase in its market cap.

RLB has maintained an uptrend for the past 48 hours, which has ultimately put an end to its stay in the red. Before the recent spike in the price of RLB, the token experienced 17 red days. The trend indicates that the market confidence in the asset was gradually declining.

However, there has been a reversal, and its current price is above its 200-day EMA. Consequently, it can hold its gains for the coming days. RLB is one of the tokens investors should keep an eye on for the quarter.

5. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix is currently creating a Bitcoin mining solution that might reduce and create an opportunity for more people to get into crypto mining. The platform is tokenizing the Bitcoin mining process, thereby creating a decentralized system that allows more people to get involved.

Bitcoin Minetrix achieves its decentralized Bitcoin mining through the use of cloud computing technology. Hence, it’s been able to provide more robust and inclusive services to the crypto industry.

Currently, the Bitcoin Minetrix token, BTCMTX, is on presale for $0.0111. The presale program launched recently with the goal of $3,094,000. One advantage of owning a piece of BTCMTX is that it puts control over what might become the future of Bitcoin mining in the hands of token holders.

While the Bitcoin Minetrix solution still has a long way to go, the potential of Bitcoin indicates that its mining process may benefit immensely from cloud services and decentralized mining. Holders only need to stake their tokens to qualify for Cloud credits.

An impressive milestone reached by #BitcoinMinetrix!

Exceeding the $1,200,000 mark! 🎉 pic.twitter.com/DwCXcHjdFV

— Bitcoinminetrix (@bitcoinminetrix) October 13, 2023

In the next 13 days, the price of BTCMTX will increase by a few percent, and the increase is set to take place when the project achieves stipulated milestones.

According to the project’s tokenomics, 42.5% of the BTCMTX tokens are set aside to fund the Bitcoin mining operations of Bitcoin Minetrix. 35% goes towards marketing. 15% is set aside for community rewards and participation in the project. 7.5% is for BTCMTX staking rewards. Investors who get in early can enjoy the first-mover advantage as the project is delving into a less competitive crypto sector.

Visit the Bitcoin Minetrix presale