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Best crypto to buy now is one of the most searched cryptocurrency-related terms in Google, and each day, InsideBitcoins lists some options.
In the ever-evolving cryptocurrency landscape, where Bitcoin struggles to secure its footing above $34,000, investors seeking alternatives are eyeing several prominent contenders as the best crypto assets to consider. Among these, NEO, Conflux, Render, Bitcoin Minetrix, and Meme Kombat stand out.
Best Crypto to Buy Now
A standout in today’s subdued crypto market is NEO, which has experienced a notable price surge, surpassing the $8.80 mark with a 6% gain.
NEO’s momentum comes on the heels of introducing a sidechain designed to tackle Maximum Extractable Value (MEV) attacks while maintaining compatibility with Ethereum. This strategic move promises to enhance NEO’s transaction speeds and scalability.
Detailed technical analysis reveals a series of incremental price increases for NEO, originating from a support level of $6.42. Following a consolidation phase, NEO broke out, signalling a sustained bullish trend.
What further reinforces this positive outlook is that NEO’s price has crossed both the 50-day and 200-day Exponential Moving Averages (EMAs). Meanwhile, Conflux (CFX) has demonstrated resilience by hovering above the crucial 100-day EMA at $0.1509, achieving a 0.40% gain today.
Despite a brief retracement period to the pivotal 100-day EMA over the past three days, CFX maintains its position above this support level. This article looks at some of the best cryptos to buy now.
1. Axie Infinity (AXS)
Axie Infinity is a blockchain-based game with a unique twist on player ownership and interaction. It draws inspiration from beloved games like Pokémon and Tamagotchi, allowing players to collect, breed, raise, battle, and trade digital creatures called Axies, each represented as a non-fungible token (NFT).
The captivating aspect lies in the vast array of customizable body parts, resulting in Axies that are not only diverse but often rare and unique. These creatures engage in 3v3 battles, with victorious teams earning experience points for enhancing Axies’ stats or evolving their body parts.
The ecosystem is further enriched with Axie Infinity Shards (AXS), the governance token, allowing holders to influence decisions regarding the community treasury.
The evident surge in user activity and AXS’s increasing utility in daily transactions underline the ecosystem’s vibrancy and potential for growth. While the market carries inherent risks, Axie Infinity’s innovative approach and community-driven governance make it an intriguing investment in the evolving world of blockchain-based gaming.
The Axie Game Jam Voting Phase has begun!
Playtest and vote for your favorite games on Mavis Hub now. 👇
This final phase of the Game Jam will run from October 29, 3 PM PH to November 5, 3 PM PH.
📜 | https://t.co/ZLeg6uJl2j pic.twitter.com/2MUazurqj1
— Axie Infinity (@AxieInfinity) October 29, 2023
Today’s live Axie Infinity price is $5.00, with a 24-hour trading volume of $49,257,594. Axie Infinity is up 3.85% in the last 24 hours. The current CoinMarketCap ranking is #54, with a live market cap of $707,646,587. It has a circulating supply of 141,391,323 AXS coins and a maximum supply of 270,000,000 AXS coins.
2. eCash (XEC)
eCash (XEC) has rebranded itself as a cryptocurrency for practical use as electronic cash. It distinguishes itself from its predecessors by introducing “bits” as base units, simplifying transactions.
The integration of a proof-of-stake consensus layer, Avalanche, positions it for improvements like scaling transaction throughput and reducing transaction finality time.
While eCash focuses on enhancing the payment experience and scalability, its mission is clear: to be a highly efficient means of conducting everyday transactions. It seeks to address the limitations faced by earlier cryptocurrencies like Bitcoin and Bitcoin Cash.
However, it’s essential for potential investors to thoroughly evaluate the coin and its development to gauge its potential within the evolving crypto landscape.
The live eCash price today is $0.000028, with a 24-hour trading volume of $11,084,054. eCash is up 1.78% in the last 24 hours. The current CoinMarketCap ranking is #67, with a live market cap of $551,127,845. It has a circulating supply of 19,538,329,673,093 XEC coins and a maximum supply of 21,000,000,000,000 XEC coins.
3. LaunchpadXYZ (LPX)
Launchpad XYZ sets forth an ambitious vision for the Web3 investment landscape. Offering an array of services, including utility tokens, NFTs, play-to-earn games, and ICOs, it aims to simplify Web3 investments for both newcomers and seasoned traders.
The $LPX token, available at a discounted price of $0.0445 during the presale, is central to this ecosystem, serving as a gateway to the platform and unlocking premium features.
Get ready to level up your trading game with Launchpad's advanced terminal
Trade smarter, trade faster, and stay ahead in the #Crypto herd 👑#TradingEdge #Web3 #Crypto #Alts pic.twitter.com/LVnYURq2MP
— Launchpad.xyz (@launchpadlpx) October 28, 2023
Beyond this, $LPX provides staking rewards, whitelist access, and discounts, possibly mitigating selling pressure when listed on major exchanges. The platform further differentiates itself by developing an AI-powered trading tool through its advanced ranking system, LPQ, and Apollo features.
This aligns with the platform’s broader goal of catering to novice and experienced web3 users, offering high-level analytics, trading signals, and a daily newsletter named Trading Edge with “market-leading alpha.”
While Launchpad XYZ has an extensive roadmap for 2023, its commitment to delivering on these promises, combined with its focus on an all-in-one crypto hub, make it an intriguing venture.
Beyond trading tools and educational resources, Launchpad XYZ aspires to meet all Web3 needs in one place, featuring a peer-to-peer NFT marketplace, a decentralized exchange, new NFT mints, and play-to-earn games, among other web3 projects.
An integrated wallet is also in the works to keep user assets secure and easily accessible. Moreover, the platform’s utility token, $LPX, can be staked to unlock access to partner discounts and whitelist opportunities, offering a holistic and engaging experience for investors.
4. Fetch.ai (FET)
Fetch.AI, founded in 2017 and launched via IEO on Binance in March 2019, is at the forefront of revolutionizing the world of artificial intelligence (AI) through a decentralized machine learning network.
It introduces an open and permissionless ecosystem, making AI technology accessible to all. With its token FET as a crucial element for smart contracts and oracles, users can construct and deploy their digital twins on the network.
This platform has real-world applications across various domains, from optimizing DeFi trading services to enhancing transportation networks, energy grids, and more, all relying on large-scale datasets.
Its technology stack comprises the Digital Twin Framework and the Fetch.ai Blockchain, promoting digital twin intelligence and secure consensus.
Happy Friday, https://t.co/kJ9URVpOul community! 👋
We hope you all have a wonderful weekend, and to all our community devs who work on #AI Agents during the weekend, we appreciate you 🤖
Together, we build stronger 💪 pic.twitter.com/K2zbF7TGl9
— Fetch.ai (@Fetch_ai) October 27, 2023
The recent significant price surge of FET, coupled with innovations like the DeltaV AI chat interface, solidifies Fetch.AI’s promising position in the AI and blockchain space, making it an intriguing investment opportunity with a current price of $0.36, a 55% increase in the last seven days.
Today’s live Fetch.ai price is $0.366973, with a 24-hour trading volume of $113,011,443. Fetch.ai is up 8.58% in the last 24 hours. The current CoinMarketCap ranking is #106, with a live market cap of $298,130,248. It has a circulating supply of 812,403,656 FET coins, and the maximum supply is unavailable.
5. Storj (STORJ)
Storj is an innovative open-source cloud storage platform, pioneering a decentralized network of nodes to host user data while ensuring robust security through advanced encryption. This unique project began as a concept in 2014, evolving into a decentralized network connecting users needing cloud storage with those willing to provide hard drive space.
Launched in 2018, Storj has created thousands of independent computers, allowing anyone with available hard drive space and a solid internet connection to become a node and earn rewards in Storj tokens. Notably, this approach delivers more cost-effective storage solutions compared to traditional centralized cloud storage.
Storj’s decentralized, peer-to-peer encryption and the dispersion of files among its network of anonymous nodes enhance data security, making it a robust alternative to cloud storage.
Despite its current 5.31% decrease in price, trading at $0.40 with volume and market capitalization fluctuations, Storj’s low-risk assessment adds to its appeal as a worthwhile investment option, with a market capitalization of $146,576,593 and a trading volume of $12,074,922 in the past 24 hours.
It’s official, cloud storage is being disrupted. By us. Read the recap on a discussion featuring Forrester Senior Analyst, Brent Ellis, on why and how cloud storage is being disrupted. #cloudstorage pic.twitter.com/ODhEGNn4So
— Storj (@storj) October 26, 2023
Today’s live Storj price is $0.396580, with a 24-hour trading volume of $12,074,922. Storj is down 1.17% in the last 24 hours. The current CoinMarketCap ranking is #170, with a live market cap of $146,576,593. It has a circulating supply of 369,601,919 STORJ coins and the maximum supply is unavailable.
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