Crypto traders are always on the hunt for the best cryptocurrencies to buy on any given day – we list some high potential coins in this post.
Competition among digital asset exchanges is fierce, with numerous platforms competing for dominance. Choosing the most suitable cryptocurrencies for investment can be challenging, as many platforms offer similar features, trading pairs, and security measures. However, this article highlights the best cryptocurrencies for investment, aiming to assist investors in selecting the most promising tokens for potential returns.
Best Crypto to Buy Now
Bitget Wallet has unveiled support for ARC-20 tokens and integration with the Bitcoin Lightning Network, bolstering its backing for the broader Bitcoin ecosystem. XAI has announced an imminent airdrop on its X platform, with rewards set to be distributed to Sentry Node Key holders. Oasis Network has experienced a notable uptick in market activity following the launch of illumineX.
1. Bitget Token (BGB)
Bitget Token (BGB) is the utility token for Bitget, a centralized crypto exchange. Rolled out in July 2021, the BGB token aims to facilitate transactions within the Bitget ecosystem. Traders use BGB for staking, social trading, and getting discounts on fees. Additionally, BGB holders can engage in Bitget’s launchpad and launchpool activities.
Furthermore, BGB stands out for its scalability, as highlighted on the platform’s website. Developers ensure that the system can handle increasing transaction volumes without experiencing congestion, which is crucial for a smooth user experience.
BGB offers perks such as discounted trading fees of up to 20%, exclusive rewards, and access to promotions for Bitget users. Through the flagship product Copy Trade, BGB holders can participate in profit-sharing endeavors. Moreover, BGB holders enjoy early access to projects on the launchpad and the opportunity to stake and receive tokens from the launchpool.
Recently, Bitget Wallet announced support for ARC-20 inscriptions and integration with the Bitcoin Lightning Network in its latest version. This move enhances the platform’s support for the broader Bitcoin ecosystem. Bitget Wallet prioritizes a seamless mobile experience, allowing users to access inscription products conveniently. The focus on Bitcoin Layer 2 solutions like the Lightning Network reflects the platform’s commitment to staying at the forefront of technological advancements.
Tap on the image for a detailed trading tutorial. Don’t forget to share this with your friends!
— Bitget Wallet ? (@BitgetWallet) February 9, 2024
At present, Bitget Token is trading at $0.6449, showing a 7-day increase of 1.29%. However, the token experienced an intraday decline of 4.60%. It is worth noting that the token trades above its 200-day simple moving average.
The sentiment surrounding Bitget Token’s price prediction is bullish, while the Fear & Greed Index indicates a level of 70, suggesting greed among investors. With its high liquidity based on market capitalization, Bitget Token remains a significant asset in the crypto market.
2. eTukTuk (TUK)
eTukTuk is a novel AI-powered transportation solution that aims to revolutionize travel infrastructure, particularly in developing countries and eventually globally. The project introduces the TUK token, anticipating growth upon listing on exchanges later this year. The platform emphasizes eco-friendly transportation and the development of charging infrastructure powered by blockchain technology.
“Breakout crypto eTukTuk is working on improving urban transportation in developing nations with electric vehicles and blockchain technology.” – @cryptonews
Read more here: https://t.co/7hr62WePzm
— eTukTuk (@eTukTukio) February 8, 2024
Additionally, eTukTuk offers a unique gaming experience where users can earn rewards by playing a game that simulates the experience of driving their flagship vehicle on the streets of Sri Lanka. This play-to-earn concept, reminiscent of the popular game Crazy Taxi, adds an engaging element to the project.
Moreover, eTukTuk has received significant attention from investors, having raised $938,092.84 from its presale, nearing its initial target of $1,002,904. The current token price stands at $0.0265, with a nine-day window before the next stage of development. eTukTuk presents an ambitious vision for sustainable transportation and blockchain integration, backed by tangible progress and investor interest.
3. Xai (XAI)
Xai (XAI) is a cryptocurrency designed specifically for the gaming community, utilizing the Arbitrum layer-2 platform. Its main goal is simplifying in-game item trading while keeping transaction fees low. Moreover, its decentralized governance model empowers gamers to influence the Xai (XAI) network’s development.
The price of Xai has ranged from $0.7 to $1.761, with optimistic forecasts projecting it to potentially hit $1.62 in 2024 and $1.88 in 2025. Currently, it’s trading at $0.9826, marking a notable 24.54% increase over the past seven days.
Furthermore, Xai aims to create real economies within video games, enabling traditional gamers to easily own and trade valuable in-game items without the hassle of dealing with complicated cryptocurrency wallets. By operating a node within the Xai network, participants can earn rewards and actively participate in governance decisions.
To celebrate Lunar New Year we’ve decided to do a $XAI airdrop for Sentry Node Key holders.
Eligibility Criteria: To qualify for the airdrop, participants… pic.twitter.com/5mvsdqEQrC
— XAI (@XAI_GAMES) February 10, 2024
Moreover, XAI announced an upcoming airdrop on its X platform. The airdrop will reward Sentry Node Key holders coinciding with the Lunar New Year celebrations. Participants can receive 88 XAI tokens for the first Sentry Node Key they hold. Furthermore, participants will earn 8 XAI tokens for each additional Key, provided they have completed KYC and tweeted about XAI.
In addition, Xai’s potential to revolutionize in-game trading appears promising, relying on its ability to sustain investor interest and expand its user base. Success will hinge on Xai delivering fast, efficient, and cost-effective transactions, solidifying its position and influence in the market.
4. BNB (BNB)
BNB is the native token for the Binance exchange. Founded to revolutionize global finance with digital assets, Binance has become the largest cryptocurrency exchange globally, boasting high daily trading volumes. Since its inception in 2017, BNB has expanded its offerings beyond traditional exchange services.
It aims to become a comprehensive infrastructure provider for the blockchain ecosystem. Furthermore, BNB’s value surged notably in early 2021, attracting attention from institutional investors. This growth trajectory underscores its significance in the crypto market.
A key competitive advantage of BNB lies in its commitment to development and innovation. The company’s relentless pursuit of expansion has established various auxiliary ventures, further solidifying its position in the industry. Notably, BNB exhibits high liquidity, bolstered by its substantial market capitalization.
— BNB Chain (@BNBCHAIN) February 11, 2024
In addition, BNB has experienced a positive trend, with 19 out of 30 days reflecting price gains, translating to a 63% success rate. Moreover, BNB saw an intraday increase of 4.17%, indicative of its resilience and market demand. Currently, the sentiment regarding BNB’s price prediction is neutral.
However, the Fear & Greed Index indicates a level of 70, indicating greed among investors. BNB’s success in the market is driven by Binance’s ambitious goal of reshaping global finance. Its consistent performance and wide range of services make BNB the best token to buy now.
5. Oasis Network (ROSE)
Oasis Network has recently seen a surge in market activity following the launch of illumineX, a pioneering decentralized exchange (DEX) built on the network. illumineX promises users a unique DeFi experience by prioritizing privacy and security, leveraging Oasis Sapphire’s smart protocols. The introduction of confidential and MEV-resistant token swaps marks a significant advancement in making private DEX platforms safer and more functional.
The initial phase of illumineX’s launch, known as the Early Liquidity Provision, commenced on January 26. It has been instrumental in establishing liquidity pools on the mainnet. This phase sets the stage for a successful full mainnet launch, catering to a growing user base.
Following thorough security preparations and audits, illumineX is now moving forward with subsequent phases of its mainnet launch. Phase 2 focuses on enabling swap functionalities. This phase is running from February 3 to 4. Subsequently, Phase 3 will mark the full mainnet launch, culminating in an illumineX token generation event and airdrop.
Furthermore, the deployment of illumineX mainnet has made it possible to bridge funds from EVM networks to Oasis effortlessly. As a result of these developments, the ROSE token has seen an upward trend in its market value. Currently priced at $0.1175, ROSE is trading above its 200-day simple moving average, indicating positive market sentiment.
Big news: @illumineXswap has launched on Mainnet!
Oasis Sapphire now supports confidential, MEV-resistant token swaps, enabling users to bridge funds across EVM-compatible chains AKA creating a safer, privacy-enabled future for DeFi
Read more at the link below:
— Oasis Network (@OasisProtocol) February 3, 2024
The bullish sentiment surrounding Oasis Network is further evidenced by a Fear & Greed Index reading of 70 (Greed). Although ROSE reached its all-time high of $0.592943 on January 15, 2022, it has still demonstrated a 57% price increase over the past year, outperforming 68% of the top 100 crypto assets.
In recent crypto news, the United Nations (UN) has initiated an investigation into North Korea’s suspected misuse of cryptocurrency, specifically focusing on hacking groups allegedly associated with the nation.
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