Join Our Telegram channel to stay up to date on breaking news coverage
The cryptocurrency market has been on a declining course due to several issues. Numerous significant assets, including Bitcoin and Ethereum, have dropped to new two-year lows, although the world economy’s outlook remains unchanged.
However, astute investors recognize that now is an excellent time to invest in assets at a discount in anticipation of a future profitable return.
Tamadoge (TAMA)
Tamadoge, a non-fungible token (NFT) using a blockchain game platform that immerses users in the metaverse, uses TAMA as its native currency. However, the Tamadoge coin has recently performed exceptionally well, owing to several factors. Investors also use TAMA to facilitate NFT trading in the Tamadoge in-app market. Now that the asset has been released on Gate.io, investors will find it much easier to exchange their tokens for cash. Aside from that, players can use Tamadoge to purchase pets represented by NFTs.
Positive developments in the Tamadoge network and a recent official statement regarding the TAMA token being listed on the popular Gate.io exchange are influencing Tamadoge coin prices. Meanwhile, the bullish cryptocurrency market was another significant factor influencing Tamadoge coin pricing.
The founders of the Tamadoge gaming ecosystem formally announced its listing on the well-known Gate.io exchange on November 10, and it is now available for retail spot trading immediately.
https://twitter.com/Tamadogecoin/status/1590645863797309440?s=20&t=plqiZFE7r1ys5sYLOoXu0w
The Tamadoge asset has so far been listed on LBank, OKX, MEXC, and several other exchanges throughout the previous month. However, considering Gate.io’s over 10 million users, this move might result in TAMA’s highest level of investor exposure to date.
Tamadoge’s current price is $0.0245, with a 24-hour trading volume of $1,254,473. Tamadoge has increased by 0.12% in the previous 24 hours. Tamadoge is currently ranked #2746 on the market, with a live market cap of not provided. There is no circulating supply and a maximum supply of 2,000,000,000 TAMA coins.
Synthetix (SNX)
Synthetix (SNX) is a layer-2 scaling solution that connects users to a growing DeFi market as well as a variety of revenue streams. One of the most effective decentralized liquidity provisioning mechanisms is powered by Synthetix (SNX), a well-known coin.
The Synthetix (SNX) coin, on the other hand, has been performing well in recent sessions, aided by news that Binance has launched a recovery fund, which boosts the cryptocurrency market and aids Synthetix coin gains.
To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis. More details to come soon. In the meantime, please contact Binance Labs if you think you qualify. 1/2
— CZ 🔶 BNB (@cz_binance) November 14, 2022
Synthetix Token has suffered greatly in recent weeks as a result of the turbulence in the crypto market caused by the announcement of the FTX exchange’s demise. As a result, the price of Synthetix Token (SNX) has dropped to $1.63. Despite this, the SNX was able to halt its initial declines, make some progress, and emerge as the top gainer over the previous 24 hours.
It should also be noted that the upcoming perps V2 launch of the Synthetix network, which includes simulated liquidity, an improved funding rate model, and hybrid oracles, has boosted the Synthetix coin price.
Perps v2 will allow synthetix perps to scale better and have lower fees. This can allow for more volume, which drives more fees to synthetix holders.
Perps v2 could be launching by EOY 👀
— Kiryu (@Kiryu_0x) November 16, 2022
Chainlink, for example, is a hybrid oracle that combines off-chain services provided by a decentralized oracle network with on-chain smart contracts. Synthetix’s pricing has also benefited from this.
SNX Price Chart – Source: Tradeview
The current live Synthetix price is $1.76, with a 24-hour trading volume of $36 million. Synthetix has dropped by 0.79% in the last 24 hours. Synthetix is now ranked #68 on the market, with a live market capitalization of $537 million. It has a total supply of 291,657,310 SNX coins and a circulating supply of 305,665,962 SNX coins.
KuCoin – KCS
KuCoin’s native token, KCS, was introduced in 2017 as a profit-sharing token that allows traders to receive value from the exchange. The KuCoin token (KCS), on the other hand, has suffered significant losses over the last week and is currently trading in a bearish trend. Following the FTX collapse, the token, like the entire crypto market, began to fall.
Johnny Lyu, CEO of KuCoin, assured customers that the exchange would always be open and honest and that user funds would never be taken. Overnight, the price of KuCoin has dropped by more than 2%. The bullish trend on its one-hour chart, on the other hand, suggests that the coin may trade in the green over the next few days.
Throughout this time, the coin’s value has fluctuated significantly between $7.53 and $8.29, indicating a large price swing.
SNX Price Chart – Source: Tradeview
KuCoin Token is now worth $7.53, with a daily trading volume of $1 million. The price of KuCoin Token has dropped nearly 2% in the last day. KuCoin currently has a live market value of $740 million and is ranked #54 on the market. There are 170,118,638 KCS coins in total supply, with 98,379,861 KCS coins currently in circulation.
Dash 2 Trade (D2T)
Dash 2 Trade is a new concept that may be the next cryptocurrency to catch on. It is a brand-new cryptocurrency project that just launched its presale and offers a use case for a real-world application that only a few other projects can match.
Dash 2 Trade provides a variety of trade services using its native D2T token. The price of the Ethereum-based D2T token will rise by 39% during the current presale, from $0.0476 to $0.066. It’s also worth noting that during the presale period, investors can get D2T, Dash 2 Trade’s native token, at a significant discount, opening the door to potentially large future returns.
Hence, the Dash 2 Trade platform dashboard, which enables traders to make trading decisions based on several useful pieces of knowledge, is one of the top gainers among cryptocurrencies.
D2T has a total supply of one billion tokens, 700 million of which are being sold during the nine stages of the presale. The first presale round is currently underway, with 35 million tokens available for $0.0476 each.
D2T will reach a price of $0.066 by the end of the last presale round, with approximately 25% of the tokens already sold. As a result, investors may choose to invest early in order to benefit from higher returns on their investments.
Cronos (CRO)
Cronos (CRO) is the native cryptocurrency token of the Cronos Chain, a decentralized, open-source blockchain developed by Crypto.com, a payment, trading, and financial services company. Cronos (CRO) currency has performed well in the last day, but the gains have been short-lived, as it has dropped by more than 5% overnight.
Cronos (CRO) was one of the top 100 currencies in terms of value increase over the last 24 hours. The price of CRO increased by about 21% to $0.072 but then dropped to a day low of 0.069.
Cronos (CRO) Price Chart – Source: Tradingview
Cronos’s current price is $0.069, with a 24-hour trading volume of $59 million in the last 24 hours. Cronos has dropped by more than 5% in the last 24 hours. Cronos is now ranked #29, with a market capitalization of $1.7 billion. The total number of CRO coins in circulation is 25,263,013,692, with a maximum supply of 30,263,013,692 CRO coins.
RobotEra (TARO)
TARO, the newest cryptocurrency to enter the market, will launch in November 2022. The platform token powers the RobotEra blockchain, which is being rebuilt like a sandbox. Users are represented as robots in this project, with tasks such as gathering resources from the planet, tending to the land, creating robot buddies, and participating in the creation of a new world. Players have the ability to create any type of ecosystem they want.
https://twitter.com/SawantAchut/status/1592759620551876608?s=20&t=2ii04PnKbFT6ZVe85V3zaA
Furthermore, the project is currently in the presale phase, and early investors may be able to obtain TARO tokens for $0.020 before the price skyrockets.
In less than two weeks since the project’s launch, the team has raised more than $5.9 million.
IMPT (IMPT)
IMPT has emerged as one of the year’s most exciting projects, thanks to its innovative approach to sustainability. This currency is based on the widely used practice of trading carbon credits, which helps both individuals and corporations lower their carbon footprints. Those who are unsure about which cryptocurrency to purchase in the current bear market can consider IMPT.
IMPT aims to be the most ecologically friendly cryptocurrency by creating these carbon credits as NFTs. By doing so, the “double count” issue in the traditional carbon credit market is resolved, and holders are guaranteed to have “genuine ownership.” Holders can even swap their credits for removing CO2 from the environment for a one-of-a-kind NFT.
According to the IMPT whitepaper, users of the network will be able to buy and sell these carbon credits using IMPT tokens. Users may obtain these ERC-20 tokens, which function as the platform’s transactional currency, by making purchases from one (or more) of the platform’s affiliate companies.
IMPT has collaborated with several well-known companies as of this writing, so anytime a user purchases with them, they will earn IMPT Tokens. Although more are being added each week, some of these brands include Lego, GameStop, Booking.com, and Macy’s.
IMPT is in its presale period, which allows investors to purchase IMPT Tokens at a discount, like other projects. The value of a token is nearly $0.023, and after, it will increase to $0.028. IMPT could be the best cryptocurrency to buy at the moment because it has already raised over $12.9 million in financing.
Read More:
Join Our Telegram channel to stay up to date on breaking news coverage
