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The crypto slump after the FTX slump seems to fade away gradually. This becomes all the more evident with the performance of BNB on the crypto market.
Binance Coin’s repeated optimistic performance is keeping the hopes alive for investors.
Crypto has pumped over 19% in the last 24 hours, and broke the $300 level, with many speculating that it might breach the $400 level soon too. However, there are many other newer crypto projects that seem to be making the move in the markets with their new-age, utility-first focus.
Here’s all you need to know about the recent BNB pump and some of the up and coming crypto projects which you can explore.
BNB Price May Pump To $400: What’s The Deal?
The Binance Coin has been outperforming in its recent trading sessions as it has added over 30% to its value since it gained the upward trajectory. In a recent tweet, prominent crypto blogger Ben Armstrong (@Bitboy_Crypto) surprised everyone with his tweet on BNB.
What do $BNB holders know that I don’t?
15% pump on a 5% Bitcoin pump.
Matic & DOT ripping.
— Bitboy Crypto (@Bitboy_Crypto) November 23, 2022
This came after the official Binance Twitter handle tweeted about the Binance Launchpad coming up with a new project and launching its token sale, called the Hooked Protocol. This becomes the 29th project to start on the Binance Launchpad.
Another reason for the BNB pump is considered to be its strategic investment in the NGRAVE self-custody wallet, to capitalize on the growing demand for hardware wallets after the FTX debacle.
Currently, BNB is trading at $299.55 and is aiming for a breakout above the $402 mark. If the coin is able to hold above the $400 mark, it can make an upswing and reach a resistance level of $458
Tamadoge: Why it’s a better alternative?
When it was launched, Tamadoge was considered by many to be just another meme coin in space. However, Tamadoge has been able to change the way investors look at meme coins.
Apart from being just another meme coin, it’s a revolutionary step towards integrating an immersive virtual reality and NFT ecosystem, which brings crypto enthusiasts from different spheres into one place.
TAMA, the native token of the Tamadoge ecosystem had quite a presale too as the crypto raised $19 million in eight weeks. Since that presale, the crypto has been listed on some of the top crypto exchanges, such as OKX, and Gate.io amongst others. At the time of writing, TAMA is currently trading at 0.021, and the supply is capped at 1.4 billion tokens. Also, Tamadoge doesn’t have a transaction tax in place, making it even more enticing for investors.
Most importantly, one of the reasons why investors are being bullish about Tamadoge is because its native token TAMA is a deflationary token, where users can battle to climb up the leaderboard by accumulating Dogepoints, with the users with the most amount of coins at the end of each month will be able to claim their winnings from the monthly Dogepool.
With an exciting presale, consistent development, and a clear and transparent roadmap, Tamadoge might be able to reach newer heights soon.
Other Profitable Crypto Projects To Look Out For
While Tamadoge has been pumping and enabling its investors to experience a new-age and profitable memecoin experience, there are lots of other crypto projects which are quite underrated but should be on every crypto investor’s radar in the coming days.
Dash 2 Trade (D2T)
Dash 2 Trade is a new-age and world-class crypto analytics and social trading platform which aims at making it easier for investors to invest wisely and make an informed decision.
In order to help investors make better decisions, the token aims at providing a list of features that are technologically superior and intuitive from an investor’s point of view.
– Trading signals providing buy/sell opportunities to investors and traders
– Social sentiment and on-chain analysis to figure out what coins are trending and are in the news
– Strategy builder and other social trading tools that make trading and adopting new strategies easier and more effective
– A tailor-made scoring system to allow D2T members to participate in crypto presales
– Listing alerts to benefit from new coin listing announcements
– Trading competitions for subscribers
All of it boils down to the D2T token which is at the center of the entire Dash 2 Trade ecosystem. The entire platform will be powered by the tax-free D2T token, which will be an ERC-20 token based on the Ethereum blockchain.
Impact Project (IMPT)
IMPT is on this list because it combines two very important verticals- climate change and blockchain into one.
The IMPT token is the native token of the Impact Project, which is a blockchain-based platform enabling users to fund environmentally sustainable projects across the world and buy carbon credits against them. Moreover, with the help of IMPT’s blockchain technology the existing carbon credits market will streamline a lot, and it will reduce the duplication of credits and better records.
The project has already collaborated with over 10,000+ top global brands from across the world.
At the heart of the Impact Project is the IMPT token which is deeply etched into the entire ecosystem. The total supply of the token is locked at 3 billion IMPT tokens, and it is based on the ERC-20 series.
Calvaria (RIA)
Calvaria: Duels of Eternity is the perfect platform for someone who’s deep into games and is wanting to explore the crypto ecosystem. Calvaria is a play-to-earn game that transports its players into a virtual world where they play card characters.
The players are encouraged to make their own strategies which are unique to them to beat their competitors in the game.
Another interesting aspect of Calvaria is that the users can actually own the in-game assets giving them a true sense of ownership. The $RIA and the $eRIA (earned $RIA) tokens are at the heart of the Calvaria ecosystem and have tons of utility within the Calvaria ecosystem.
Conclusion
As the year 2022 wraps, there are signs of more viable and utility-first crypto projects coming up.
The previous year involved a lot of cryptocurrencies suffering because of the ongoing crypto winter. While some of them were able to recover, others succumbed to the prolonged bearish phase in the crypto markets.
Crypto investors can take a breather as they step into 2023, and conduct their own due diligence when investing in several crypto projects. In order to find the perfect crypto project, tools like Dash 2 Trade (D2T) play a vital role. With the help of the right analytics tools, and with the correct data, it enables crypto investors to make an informed decision before investing their hard-earned money into a cryptocurrency.
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