{"id":616138,"date":"2025-01-07T07:07:01","date_gmt":"2025-01-07T07:07:01","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=616138"},"modified":"2025-01-07T07:07:01","modified_gmt":"2025-01-07T07:07:01","slug":"top-cryptocurrencies-to-buy-now-january-6-tezos-chiliz-render","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-cryptocurrencies-to-buy-now-january-6-tezos-chiliz-render","title":{"rendered":"Top Cryptocurrencies to Buy Now January 6 &#8211; Tezos, Chiliz, Render"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The cryptocurrency market is experiencing notable growth, with its total value reaching $3.55 trillion. Bitcoin and Ethereum are driving this surge, showing strong upward trends. Bitcoin is approaching the significant $100,000 mark, while Ethereum is targeting $10,000 after breaking past resistance levels. These movements signal renewed optimism among investors.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Technical analysis indicates the market could rise to $4.2 trillion, a 30% increase from current levels. This projection stems from higher trading volumes and growing optimism. The rise in Bitcoin and Ethereum prices has spurred activity in the altcoin market. As a result, investors are increasingly concentrating on identifying the <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/top-cryptocurrencies-to-buy-now-december-30-cronos-toncoin-render\">top cryptocurrencies to buy now<\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<h2><b>Top Crypto to Invest in Right Now<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The Socios.com platform, powered by Chiliz, recently gained regulatory approval from the Malta Financial Services Authority (MFSA). Meanwhile, the Solaxy presale has seen remarkable traction, raising $1 million within its first three days and exceeding $8 million in its latest phase. In another significant development, Arbitrum DAO has committed around 225 million ARB tokens to its Gaming Catalyst Program (GCP) to strengthen its gaming ecosystem.<\/span><\/p>\n<h3><b>1. Chiliz (CHZ)<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Chiliz (CHZ) is exchanging hands at $0.093164, with a daily trading volume of $111.56 million and a market cap of $828.07 million. Over the past 24 hours, its price has risen by 1.83%. Over the last year, Chiliz has seen a 19% price increase and is trading 11.19% above its 200-day simple moving average (SMA) of $0.083797. This suggests steady growth and strong market presence.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-616145\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/CHZ-Price-Chart.png\" alt=\"CHZ Price Chart\" width=\"1200\" height=\"800\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/CHZ-Price-Chart.png 1200w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/CHZ-Price-Chart-300x200.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/CHZ-Price-Chart-1024x683.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/CHZ-Price-Chart-768x512.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/p>\n<p><span style=\"font-weight: 400\">The 14-day Relative Strength Index (RSI) stands at 51.81, indicating a neutral market sentiment. This means the price could continue to move sideways without significant shifts. The 30-day volatility of 14% shows relatively stable price movement. High liquidity, based on market cap, supports easier trading for investors.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/t.co\/NrYy7Ms2YH\">https:\/\/t.co\/NrYy7Ms2YH<\/a> has secured full regulatory approval from Malta Financial Services Authority (MFSA). &#129309;<\/p>\n<p>The MFSA&rsquo;s approval is for a class 3 Virtual Financial Assets Act (VFAA) licence to provide Virtual Financial Asset (VFA) services. Malta's well established regulatory&hellip; <a href=\"https:\/\/t.co\/kahtU6V02c\">pic.twitter.com\/kahtU6V02c<\/a><\/p>\n<p>&mdash; Chiliz &ndash; The Sports Blockchain &#9917;&#127942; (@Chiliz) <a href=\"https:\/\/twitter.com\/Chiliz\/status\/1876196039524495808?ref_src=twsrc%5Etfw\">January 6, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, Chiliz&rsquo;s Socios.com platform recently received regulatory approval from the Malta Financial Services Authority (MFSA). This allows the company to provide virtual financial asset services under Malta&rsquo;s Virtual Financial Assets Act. The regulatory framework aligns closely with the European MiCA regulation, underscoring Chiliz&rsquo;s effort to comply with established legal standards.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">This achievement enhances its credibility in leveraging blockchain technology for sports-related use cases. Chiliz&rsquo;s focus on operating within clear legal boundaries highlights its intention to innovate responsibly. By adhering to regulations, it aims to advance blockchain adoption while fostering trust among its users and stakeholders.<\/span><\/p>\n<h3><b>2. Tezos (XTZ)<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Tezos is a blockchain platform designed for creating digital assets and applications, emphasizing security, decentralization, and user participation. Its standout feature is an on-chain governance system. It allows network users to propose and vote on protocol upgrades directly on the blockchain.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">This system operates through five phases, including three rounds of voting, where users&rsquo; voting power corresponds to the amount of Tezos (XTZ) they hold. Currently, Tezos is trading at $1.48766, with a 24-hour trading volume of $135.71 million and a market cap of $1.52 billion.&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-616147\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XTZ-Price-Chart.png\" alt=\"XTZ Price Chart\" width=\"1200\" height=\"800\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XTZ-Price-Chart.png 1200w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XTZ-Price-Chart-300x200.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XTZ-Price-Chart-1024x683.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XTZ-Price-Chart-768x512.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/p>\n<p><span style=\"font-weight: 400\">Furthermore, the price has increased by 3.99% over the past day. It is performing well above its 200-day simple moving average (SMA) of $1.01118, reflecting a 44.63% increase, which could indicate strong momentum.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-616146\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XTZ-Tweet.png\" alt=\"XTZ Tweet\" width=\"750\" height=\"179\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XTZ-Tweet.png 750w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XTZ-Tweet-300x72.png 300w\" sizes=\"(max-width: 750px) 100vw, 750px\"><\/p>\n<p><span style=\"font-weight: 400\">Market indicators suggest a mixed outlook, with the token&rsquo;s Fear &amp; Greed Index at 76, signaling high market confidence. Meanwhile, its 14-day Relative Strength Index (RSI) is 55.14, indicating neutral sentiment. Tezos could trade sideways in the short term.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">High liquidity adds to its appeal, making it easier for users to buy or sell without significantly affecting the price. Based on current predictions, Tezos&rsquo; price may rise to $1.605171 by February 2025, reflecting a potential 9.81% increase.&nbsp;<\/span><\/p>\n<h3><b>3. Arbitrum (ARB)<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Arbitrum DAO has allocated approximately 225 million ARB tokens, valued at nearly $190 million, to support its gaming ecosystem through the Gaming Catalyst Program (GCP). This initiative aims to invest in and fund gaming projects within the blockchain space, signaling a focus on growing this sector.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Following the announcement, ARB&rsquo;s price increased by 6.97% over 24 hours, reaching $0.9498. The market sentiment for Arbitrum appears optimistic, with a bullish outlook. The Fear &amp; Greed Index currently indicates a state of &ldquo;Extreme Greed&rdquo; at 76, reflecting heightened investor confidence.&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-616148\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ARB-Price-Chart-1.png\" alt=\"ARB Price Chart\" width=\"1200\" height=\"800\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ARB-Price-Chart-1.png 1200w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ARB-Price-Chart-1-300x200.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ARB-Price-Chart-1-1024x683.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ARB-Price-Chart-1-768x512.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/p>\n<p><span style=\"font-weight: 400\">Arbitrum&rsquo;s price remains strong, trading 18.85% above its 200-day simple moving average (SMA) of $0.798851. This suggests a steady upward trend over the long term. The cryptocurrency also exhibits high liquidity, with a volume-to-market cap ratio of 0.1701. Its market cap is $4 billion, supported by a 24-hour trading volume of $680.11 million.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The 14-day Relative Strength Index (RSI) is at 57.90, suggesting a neutral position, meaning the token may not see significant movement in the short term. Meanwhile, its 30-day price volatility is relatively low at 15%, indicating a period of stability.<\/span><\/p>\n<h3><b>4. Render (RENDER)<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Render Token currently trades at $8.67 with a daily trading volume of $328.85 million, giving it a market cap of $3.40 billion and a 0.10% share of the total cryptocurrency market. Over the past day, its price rose by 7.77%, reflecting a bullish sentiment. The Fear &amp; Greed Index, which measures market emotion, indicates &ldquo;Extreme Greed&rdquo; with a score of 76.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Render Token&rsquo;s price is 27.31% above its 200-day simple moving average (SMA) of $6.84, suggesting long-term momentum. SMA is a tool investors use to assess whether prices are trending higher or lower over time. With strong liquidity, Render appears easily tradable, even with its large market cap.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-616149\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/RENDER-Price-Chart-1.png\" alt=\"RENDER Price Chart \" width=\"1200\" height=\"800\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/RENDER-Price-Chart-1.png 1200w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/RENDER-Price-Chart-1-300x200.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/RENDER-Price-Chart-1-1024x683.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/RENDER-Price-Chart-1-768x512.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/p>\n<p><span style=\"font-weight: 400\">The Relative Strength Index (RSI) stands at 53.02 on a 14-day scale, signaling a neutral trend. RSI helps determine whether a token is overbought or oversold. A neutral RSI suggests the price might not see major changes soon.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Currently, Render Token is trading 36% below its all-time high, indicating room for growth but also showing past volatility. However, its 30-day price swings remain low at 13%, suggesting relatively stable behavior in the short term.<\/span><\/p>\n<h3><b>5. Solaxy (SOLX)<\/b><\/h3>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400\">Solaxy<\/span><\/a><span style=\"font-weight: 400\"> (SOLX) is the first Layer-2 protocol built on Solana. It aims to tackle issues like network congestion and transaction errors, which have occasionally hampered Solana&rsquo;s efficiency, particularly during peak activity. Solaxy&rsquo;s technology is designed to streamline processes, enhancing transaction speed and reliability.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-616151\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/SOLX-Tweet-9.png\" alt=\"SOLX Tweet \" width=\"746\" height=\"157\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/SOLX-Tweet-9.png 746w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/SOLX-Tweet-9-300x63.png 300w\" sizes=\"(max-width: 746px) 100vw, 746px\"><\/p>\n<p><span style=\"font-weight: 400\">The project&rsquo;s presale has attracted significant interest, raising $1 million within three days and surpassing $8 million by its recent phase. Currently, SOLX tokens are available for $0.001592, with prices set to rise in later stages.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Investors participating early can benefit from staking, which allows them to lock tokens and earn rewards before the token officially launches. Over 2.8 billion SOLX tokens have already been staked, showcasing active user participation.<\/span><\/p>\n<p><iframe title=\"Solaxy NEW SOLANA LAYER 2 Meme Coin - Next 10X Potential Crypto?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/J9-GbiBHKAM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400\">Community engagement is another notable aspect of <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400\">Solaxy<\/span><\/a><span style=\"font-weight: 400\">&lsquo;s progress. Its presence on social platforms like Twitter and Telegram continues to grow, with many new users joining daily. Additionally, being featured on Best Wallet&rsquo;s &ldquo;Upcoming Tokens&rdquo; platform has further amplified awareness.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400\">Visit Solaxy Presale<\/span><\/a><\/p>\n<h3><b>Read More<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/most-promising-cryptocurrencies\"><span style=\"font-weight: 400\">Top Crypto to Buy Now<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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Bitcoin and Ethereum are driving this surge, showing strong upward trends. <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1835,"featured_media":616144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-616138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top Cryptocurrencies to Buy Now January 6 - Tezos, Chiliz, Render - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Explore the top cryptocurrencies to buy now with expert insights on market trends, potential gains, and investment opportunities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616138\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top Cryptocurrencies to Buy Now January 6 - Tezos, Chiliz, Render\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-07T07:07:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/1000067797.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"627\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ifeanyi Egede\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ifeanyi Egede\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616138#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616138\"},\"author\":{\"name\":\"Ifeanyi Egede\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/64268efb77825958eb3d23aea7ccf1a6\"},\"headline\":\"Top Cryptocurrencies to Buy Now January 6 &#8211; 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