Join Our Telegram channel to stay up to date on breaking news coverage
This article evaluates the potential and market performance of the best crypto to buy now to make informed investment decisions.
This article explores altcoins attracting investor attention due to their potential for significant growth. These tokens show promise for notable movement, presenting an opportunity for investors seeking to capitalize on the current market. They offer potential value that appeals to investors seeking high-growth opportunities for their portfolios.
Best Crypto to Buy Right Now
Cronos is currently valued at $0.133, marking an intraday increase of 3.76%. Similarly, the 99BTC presale has attracted considerable attention, raising over $946,691.64 from investors. Additionally, Avalanche recently integrated with Stripe to enhance the convenience of purchasing AVAX and other tokens.
In the global crypto news, The cryptocurrency market saw a general decline recently, with Bitcoin staying around the $63,000 level despite the anticipation surrounding the launch of a new crypto spot exchange-traded fund (ETF) in Hong Kong.
1. Cronos (CRO)
Cronos is currently valued at $0.133 and has experienced an intraday increase of 3.76%. Over the past week, it has surged by 1.62% but saw a decline of 13.52% in the last month. Despite recent fluctuations, Cronos has been trading above its 200-day moving average, indicating a positive trend in the long term.
The sentiment around Cronos’ price prediction is currently bearish. However, the Fear & Greed Index is 67, reflecting greed in the market sentiment. Analysts predict that the average price of Cronos could reach around $0.42 by the end of 2024.
Nonetheless, if market conditions improve significantly, the maximum trading price of CRO could reach $0.63, indicating substantial growth potential. Furthermore, Cronos recently announced a collaboration with Galxe to expand its capabilities within the blockchain space.
This partnership has led to the launch of Cronos Spring Odyssey, an initiative featuring thirty projects across various sectors. Participants in the campaign can earn rewards totaling $35K by completing on-chain and social activities related to these projects. It will also provide a unique opportunity for users to engage with the blockchain community and earn significant rewards.
🗞️ Lots of collaborations are taking place on #Cronos, #CROFam!
🌸 Checkout this month’s highlights: Cronos Spring Odyssey campaign, DeFi and gaming project updates, and memecoin partnerships.
Read the latest newsletter for more👇https://t.co/zSF6ANJIcx
— Cronos (@cronos_chain) April 30, 2024
The integration of Galxe with Cronos will introduce new applications like the Cronos Spring Odyssey, designed to engage users in blockchain activities. This initiative spans four main themes—gaming, NFTs, DeFi, and memecoins—each introduced every 10 days to encourage user participation.
In a strategic move to enhance its global presence, Cronos has enlisted global music icon Eminem as its celebrity spokesperson, replacing Matt Damon. Eminem’s involvement is expected to bring new energy to Cronos’ promotional efforts, leveraging his broad appeal and authenticity reputation to boost global user engagement and platform credibility.
2. 99Bitcoins (99BTC)
A new initiative from 99Bitcoins, a prominent crypto media platform, aims to enhance crypto education by introducing the 99Bitcoins Token. This token will be used to access premium courses, trading signals, and community channels. The “Learn-to-Earn” presale has garnered significant attention, raising over $946,691.64 in funds from investors.
🚀 $99BTC #Staking Update! 🌟
A staggering 540 Million $99BTC tokens have now been staked by our amazing community! 🎉
Thank you to everyone who has participated and trusted in our journey. Let's keep the momentum going! 🙌 #Cryptocurrencies #99Bitcoins #Presale #LearnToEarn pic.twitter.com/sQXzt6UkFu
— 99Bitcoins (@99BitcoinsHQ) April 30, 2024
The platform’s strategy includes an ongoing airdrop campaign offering participants a chance to receive $99,000 worth of Bitcoin (BTC). Additionally, 99Bitcoins is pioneering integration with BRC-20, a new token standard designed for developing decentralized applications (dApps) and digital assets on the Bitcoin network.
Moreover, this integration utilizes Bitcoin’s robust security features while exploring new opportunities for application development. The 99Bitcoins Token is priced at $0.00103 per token, making it accessible for those interested in participating in a crypto education project with incentivized learning.
The project currently boasts a significant staked amount of 566,021,004 99BTC. Investors have a limited six-day window before the next price increase. This initiative represents a notable effort to expand the crypto industry’s collective knowledge base by rewarding users for learning about crypto technologies.
3. Monero (XMR)
Monero is gaining recognition in the crypto market for its commitment to privacy and security. It distinguishes itself by offering private and untraceable transactions, making it a preferred choice for users seeking a genuinely anonymous digital cash system.
The current price of the token is $123.80, with a notable increase of 2.00% in the past week. Despite a minor decrease of 5.15% over the last month, recent market activity highlights the token’s resilience and reflects the growing interest among investors. Moreover, the token has shown positive performance in the past month, with 16 out of 30 days (53%) marked by price gains.
As indicated by its market cap, Monero is considered to have high liquidity. Its 14-day Relative Strength Index (RSI) is currently at 46.46, suggesting a neutral stance in the market with the potential for an upward trend. This metric provides insights into the coin’s recent trading momentum.
4. Avalanche (AVAX)
Avalanche has recently integrated with Stripe, a popular payment processor, to bring a new level of convenience to purchasing AVAX and other tokens. This integration allows retail users in the United States to buy AVAX using familiar payment methods like debit and credit cards.
The integration with Stripe is facilitated through a customizable widget embedded into Avalanche dApps such as decentralized exchanges (DEXes), non-fungible token (NFT) platforms, and digital wallets. It also addresses the “cold start problem” often encountered by Web3 platforms, where users may lack sufficient funds in their wallets to engage in transactions.
Furthermore, Stripe manages essential aspects of the payment process, including KYC checks, fraud prevention, compliance, and payment handling. This partnership further enhances the user experience by simplifying the onboarding process and extending accessibility for users looking to participate in the Avalanche ecosystem.
The integration has been implemented within Core, the native ecosystem wallet and portfolio developed by Ava Labs. Core users can now use the Stripe onramp to fund their wallets seamlessly, supporting ACH transfers and card payments.
Stripe's expansion into crypto continues, today integrating Avalanche & Core to provide easier access to Web3
🔺US users can purchase $AVAX directly thru Stripe without using an exchange
🔺Avalanche apps can embed Stripe’s onramp via customizable widget https://t.co/NIBEfQUWuP
— Avalanche 🔺 (@avax) April 29, 2024
Despite recent price fluctuations that have seen AVAX hovering around $30, there are indications of stabilization at this level, suggesting a potential turning point. This stability is considered a critical zone for buyers seeking to prevent further declines and initiate a recovery.
In addition, there is growing sentiment within the community that AVAX could surpass the $50 mark. Today, AVAX is trading at $33.34, with a 24-hour trading volume of $934.96 million and a market capitalization of $12.64 billion. These metrics indicate considerable liquidity based on market cap and positive performance compared to its token sale price.
5. Wormhole (W)
Wormhole experienced a notable increase of 2.35% over the past 24 hours, reaching a value of $0.6314. This price rise pushed Wormhole’s market capitalization to $1.13 billion, positioning it at the 72nd spot in the cryptocurrency rankings.
The surge in W’s price can be attributed to Wormhole’s recent release of the W Native Token Transfers (NTT). This update has enabled the W token to operate seamlessly across multiple blockchain networks, including Solana, Ethereum, Arbitrum, Optimism, and Base. The introduction of NTT marks a significant milestone in Wormhole’s development roadmap, marking the completion of its second phase.
Wormhole's W token is now natively multichain using the Wormhole Native Token Transfers (NTT) framework 💥
Native W is now available in SPL format on @Solana and ERC20 format on @Ethereum, @arbitrum, @Optimism, and @buildonbase. pic.twitter.com/pwaJohYGXT
— Wormhole (@wormhole) April 25, 2024
This sets the stage for the upcoming launch of MultiGov, a novel multichain governance system, and W staking for governance purposes. Furthermore, NTT ensures W holders can transfer their tokens between blockchain networks without needing liquidity pools.
Read More
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage
