Best Crypto to Buy Right Now April 22 – Flare, XRP, Pudgy Penguins

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PENGU
PENGU

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The global cryptocurrency market has seen steady momentum, with its total value reaching $2.77 trillion, marking a 1.27% gain over the past day. Trading activity has also climbed, with 24-hour market volume increasing by nearly 29% to $87.89 billion. Stablecoins continue to dominate daily transactions, accounting for over 94% of total volume. 

As the market matures, projects that focus on practical applications and network interoperability are gaining attention. Investors are increasingly drawn to tokens that offer clear use cases, strong community backing, and recent technical updates. This overview takes a closer look at some of the best crypto to buy right now, assessing their latest performance and positioning within the evolving digital asset space.

Best Crypto to Buy Right Now

At the time of writing, the PENGU token is trading at $0.005150, showing a slight 0.15% gain in the past 24 hours. Ripple is making new moves in corporate finance through a partnership with Hidden Road, aiming to bring the XRPL into post-trade financial operations. Meanwhile, BEST has raised over $11 million so far, with its token currently priced at $0.024825.

1. Flare (FLR)

Flare builds a blockchain platform to help decentralized apps get secure access to real-world data. The platform stands out since it connects secure online and offline data directly to its blockchain system. Developers use Flare platform technology to connect their applications to external data, which they include in the blockchain. 

Furthermore, Flare enhances blockchain services by integrating its data systems into smart contracts. As a Layer 1 blockchain, it also improves cross-chain interoperability. This helps different blockchains communicate and exchange data without needing a trusted middleman, which could benefit projects that need to work across multiple networks.

FLR Price Chart

At the time of writing, Flare’s native token, FLR, trades at $0.01612. It’s currently down about 44% from its 200-day simple moving average and sits far below its all-time high. Over the past month, the token saw gains on 14 of 30 days. 

Despite a significant yearly inflation rate of 63.50%, trading activity remains steady. The token further records a 24-hour volume of around $10.56 million, up nearly 20%. The market sentiment, based on the Relative Strength Index (RSI) of 50.48, indicates neutral conditions, suggesting the price may move sideways.

2. Pudgy Penguins (PENGU)

Pudgy Penguins, a project originally known for its NFT collection, continues to expand its brand presence beyond digital assets. The team recently made a new public partnership with Lotte, a South Korean retail and entertainment conglomerate. Through this partnership, South Korea can experience real-world items related to Pudgy Penguins’ digital collectibles.

At the time of writing, the PENGU token is priced at $0.005150, reflecting a modest 0.15% increase over the last 24 hours. Its market cap is approximately $323.77 million. The 24-hour trading volume reached $28.96 million, representing a 3.79% increase, which indicates steady trading activity in relation to its market size.

PENGU Price Chart

The token also recorded a 6.79% gain over the past week, reflecting growing investor interest, likely influenced by the brand’s expanding presence. The  24-hour volume-to-market cap ratio of 0.1545 suggests relatively high liquidity. This allows traders to enter and exit with less impact on price movements. 

As the Pudgy Penguins project expands its reach through partnerships and merchandise, it continues to evolve as a community-driven digital brand and a valuable market asset.

3. XRP (XRP)

Ripple continues to expand its presence in corporate finance by partnering with Hidden Road to integrate the XRP Ledger (XRPL) into post-trade financial processes. The partnership aims to bring faster financial operations to markets that need speed improvements. Ripple plans to help institutional investors settle large transactions faster by running transactions on XRPL, which takes 3 to 5 seconds to complete.

XRP Price Chart

The XRPL’s role in Hidden Road’s infrastructure focuses on improving how transaction records are handled after trades occur. Faster settlement times not only speed up financial operations but also help lower operational costs and simplify the management of transaction data. Ripple believes these improvements could make digital financial systems more accessible for large-scale institutional use.

From a market perspective, XRP has demonstrated notable price growth, increasing by 296% over the past year. It currently trades at $2.10, which is about 14.97% above its 200-day simple moving average. Liquidity remains strong relative to its market cap, which helps facilitate large-volume trades.

Technical indicators suggest a balanced market outlook for XRP, with a 14-day Relative Strength Index (RSI) reading of 52.67. This indicates neither strong buying nor selling pressure, implying the asset may trade sideways in the short term. The long-term impact of XRPL’s integration into established financial systems will depend on sustained institutional interest and broader market conditions.

4. Best Wallet Token (BEST)

Best Wallet is a crypto management app that comes with its native token, $BEST. The token is currently available through a presale phase, having raised over $11 million so far. Priced at $0.024825, the token’s value is expected to increase gradually during this initial offering. While $BEST is not yet listed on public exchanges, the wallet application itself is already operational, giving users a chance to explore its functions directly.

A key feature within the app is its “Upcoming Tokens” section, which serves as a presale aggregator. This tool lets users research and track new crypto projects before they become available on the open market. It also provides the option to invest in these projects early. So far, the wallet has introduced several projects through this platform, including Pepe Unchained, Catslap, and Crypto All-Stars.

In addition to basic storage, Best Wallet integrates a decentralized exchange (DEX) that allows users to trade cryptocurrencies without relying on a central authority. The platform plans to launch a crypto debit card, known as the Best Card, designed for easy fiat conversions and day-to-day spending.

Furthermore, Best Wallet supports multiple blockchains, offering users the convenience of managing various digital assets in a single place. This makes it appealing to those interested in holding and trading different types of cryptocurrencies. The platform focuses on ease of use, aiming to simplify crypto management for traders.

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5. IOTA (IOTA)

IOTA is a distributed ledger technology designed to facilitate secure, fee-free transactions between users without relying on traditional blockchain structures. Unlike most cryptocurrencies, which use linear chains of blocks, IOTA operates on a directed acyclic graph called the Tangle. This network structure allows multiple transactions to be processed in parallel rather than sequentially, helping improve transaction speed and scalability.

A defining feature of IOTA is that it removes the need for miners or validators, which typically process transactions on other blockchain networks. This approach aims to make small and frequent transactions, such as those needed in the Internet of Things (IoT) space, more practical and efficient.

IOTA Price Chart

Currently, IOTA trades at $0.17266 with a daily trading volume of $28.53 million. Its market capitalization stands at $643.52 million, representing a modest share of the broader crypto market. The network shows a 24-hour price increase of 0.80%, with a 14-day Relative Strength Index (RSI) of 56.08. This RSI level suggests that the market sentiment for IOTA remains neutral, with no strong momentum in either direction.

The 30-day volatility for IOTA is at 8%, indicating relatively stable price movement over the past month. This lower volatility, paired with its unique transaction model and absence of fees, positions IOTA as a potential infrastructure solution for industries requiring frequent, lightweight data or value transfers without high operational costs.

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