{"id":479131,"date":"2024-02-08T18:29:28","date_gmt":"2024-02-08T18:29:28","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=479131"},"modified":"2024-02-10T09:22:53","modified_gmt":"2024-02-10T09:22:53","slug":"best-crypto-to-buy-now-february-8-smog-near-protocol-avalanche","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-february-8-smog-near-protocol-avalanche","title":{"rendered":"Best Crypto to Buy Now February 8 – Smog, NEAR Protocol, Avalanche\u00a0"},"content":{"rendered":"

‘What is the <\/span>best crypto to buy<\/span><\/a> right now’ is a common question asked by investors – in this article, we explore a range of tokens to watch.<\/span><\/p>\n

Bitcoin set the trend for cryptocurrencies, inspiring many others built on decentralized networks. Several alternative cryptocurrencies have endured price fluctuations and are worth exploring. This article showcases some of these alternatives, highlighting the reasons behind their uptrends and success in the market.<\/span><\/p>\n

Best Crypto to Buy Now<\/b><\/h2>\n

The Pyth Network has recently launched the second phase of its retrospective token airdrop program. Additionally, MK generated $8,394,769.10 in its presale, attracting attention from potential investors. Furthermore, NEAR Protocol collaborated with Meta Pool and has created the Enterprise Node Operators (ENO) program, empowering top-tier companies to contribute to NEAR’s growth, security, and decentralization.<\/span><\/p>\n

Meanwhile, <\/span>CleanSpark<\/span><\/a>‘s recent announcement of its intention to acquire four mining facilities has fueled further gains in its market value. <\/span><\/p>\n

1. Smog (SMOG)<\/b><\/h3>\n

SMOG token<\/a> aims to establish itself as a prominent player in the crypto market with its slogan, “No meme coin can survive the fiery flames of SMOG.” According to its whitepaper, SMOG claims to be “forged in the celestial forge of Jupiter itself,” hinting at its astronomical aspirations. However, its success ultimately hinges on its ability to deliver tangible returns to investors.<\/span><\/p>\n

Furthermore, the token positions itself as “the most rewarding token on Solana” and seeks to attract investors seeking substantial gains. Its tokenomics plan includes allocations for marketing, airdrop rewards, CEX launches, and liquidity provision.<\/span><\/p>\n

\"SMOG<\/p>\n

Participation in Smog’s ecosystem requires users to purchase and hold SMOG tokens, granting them access to potential airdrops and community bounties. The specifics of these rewards remain undisclosed, leaving investors eager for more information.<\/span><\/p>\n

The project’s roadmap outlines ambitious milestones, including introducing staking features and plans for future airdrop initiatives. Additionally, the target of achieving 10,000+ ‘Loyal Chosen’ members highlights its commitment to building a dedicated community.<\/span><\/p>\n

To participate in SMOG’s airdrop campaign, investors must utilize a Solana-compatible wallet and engage in token swaps via designated platforms. Engaging in community tasks may enhance one’s chances of selection for additional rewards.<\/span><\/p>\n

However, investors should exercise caution when considering SMOG due to its untested value proposition. While the allure of potential airdrops may be enticing, it’s essential to approach newly launched crypto assets with skepticism until they demonstrate a proven track record.<\/span><\/p>\n

Visit Smog Website<\/a><\/p>\n

2. Pyth Network (PYTH)<\/b><\/h3>\n

The Pyth Network leads as a top-tier first-party oracle network in the blockchain sphere, experiencing impressive growth and adoption. It delivers real-time market data to financial dApps on over 40 blockchains. It offers 380+ low-latency price feeds across various asset classes like cryptocurrencies, equities, ETFs, FX pairs, and commodities.<\/span><\/p>\n

\"PYTH<\/p>\n

Furthermore, the Pyth Network sources price data collectively to provide accurate information for smart contracts. This information comprises major exchanges, market makers, and financial service providers. Over 250 applications have utilized Pyth, contributing to a significant trading volume of $100 billion.<\/span><\/p>\n

Recently, Pyth Network initiated the second phase of its retrospective token airdrop program, targeting 167 decentralized applications integrated with the Oracle network. Eligible dApps rely on Pyth’s price data for core operations such as transactions and asset valuation. The initiative involves distributing 100 million PYTH governance tokens, valued at approximately $47 million, among qualifying dApps.<\/span><\/p>\n

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Building the future of #DeFi<\/a> 🔮 pic.twitter.com\/SyTRR36Hng<\/a><\/p>\n

— Pyth Network 🔮 (@PythNetwork) February 7, 2024<\/a><\/p><\/blockquote>\n