{"id":454750,"date":"2023-11-05T19:43:22","date_gmt":"2023-11-05T19:43:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=454750"},"modified":"2023-11-05T19:43:22","modified_gmt":"2023-11-05T19:43:22","slug":"best-crypto-to-buy-now-november-05-fantom-sui-flow","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-november-05-fantom-sui-flow","title":{"rendered":"Best Crypto to Buy Now November 05 – Fantom, Sui, Flow"},"content":{"rendered":"
Best crypto to buy now<\/span><\/a>’ is one of the most searched cryptocurrency-related terms in Google, and each day InsideBitcoins lists some options.<\/span><\/p>\n The cryptocurrency market saw $33.12 billion in transactions during the last 24 hours, representing a 1.25% decrease. It’s noteworthy that the decentralized finance (DeFi) sector contributed $3.93 billion to this volume. This accounts for approximately 11.88% of the total cryptocurrency market’s <\/span>24-hour trading volume<\/span><\/a>. This underscores the continued relevance and activity within the DeFi space.<\/span><\/p>\n Furthermore, stablecoins played a substantial role in the cryptocurrency market, with a total volume of $27.9 billion. This constitutes 84.25% of the total cryptocurrency market’s intraday trading volume. Thus highlighting the prevalence of stablecoins as a means of preserving value and facilitating transactions within the crypto ecosystem.<\/span><\/p>\n Fantom’s weekly chart shows a significant rebound from a crucial support zone, establishing an uptrend. FTM has been gaining momentum and increasing in value thanks to positive fundamental events and the broader market recovery. Therefore bolstering investor confidence and supporting bullish sentiment.<\/span><\/p>\n On the daily chart, FTM recently found support at its 2022 lows before experiencing an upward price movement. This uptrend has increased demand, placing it as the best crypto to buy now. However, it’s essential to note that FTM is still down approximately 65% from its peak in February 2023.<\/span><\/p>\n Moreover, technical analyst predicts the possibility of FTM experiencing a substantial increase of over 100%. Despite some challenges, there are positive developments in the Fantom ecosystem. One is the increased on-chain activity observed by Messari, an analytics platform.<\/span><\/p>\n Connect to the public Sonic testnet directly via mobile or desktop with just 2 clicks. No hassle setting up a wallet!<\/p>\n Transact + swap on public: Or check out the maximum capability of Sonic, via the closed testing environment: https:\/\/t.co\/hzWoCUtY40<\/a><\/p>\n — Fantom Foundation (@FantomFDN) November 4, 2023<\/a><\/p><\/blockquote>\nBest Crypto to Buy Now<\/span><\/strong><\/h2>\n
1. Fantom (FTM)<\/span><\/strong><\/h3>\n
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🔗 https:\/\/t.co\/R97dpaeCGq<\/a><\/p>\n