Best Crypto To Buy Now November 04 The Graph, Oasis Network, Lido DAO

Best Crypto To Buy Now November 04  The Graph, Oasis Network, Lido DAO

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We'll take a look at a few contenders for the best cryptocurrency you can buy right now that might be worth adding to your watchlist in the coming days.

24/7 decentralized finance (DeFi) trading volume currently stands at $3.98 billion, or 11.97% of the total 24/7 cryptocurrency market volume . DeFi is important in the cryptocurrency ecosystem providing innovative financial services.

Recently, the cryptocurrency market has seen noticeable fluctuations in terms of market capitalization, trading volume and dominance. These statistics provide valuable information to investors and analysts, helping them understand current market conditions and trends.

Global market capitalization chart

Global cryptocurrency market chart

1. Histogram (GTR)

Graph (GRT) is an on-chain data management project that is gaining attention in the cryptocurrency space. His unique approach to web3 projects and data processing has made him a subject of interest among investors and the cryptocurrency community.

Graph of gross revenue by total price

Since its inception, The Graph has grown exponentially, with its native token GRT reaching an all-time high in 2021. The project team is actively working on a different roadmap for the future, including a number of new initiatives that promise long-term growth. . . After listing on several major cryptocurrency exchanges, The Graph has received positive attention from the investment community.

GRT is expected to reach a high of $0.52 by the end of 2023, making it one of the best cryptocurrencies to buy right now. However, this depends on the overall positivity in the cryptocurrency market and the absence of major bearish events. The expected average price of The Graph Coin in 2023 will be around $0.44. However, in a bear market, the minimum GRT valuation could reach $0.29.

Although the dynamics of the cryptocurrency market are volatile and unpredictable, there is optimism for further growth. This could result in significant price increases in the currency shown on the chart. However, this forecast depends on various variables that affect market conditions and the value of the cryptocurrency.

2. Oasis Network (ROSA)

Oasis Network (ROSE) is currently trading at $0.068980 with a 24-hour trading volume of $72,986,047. The token is ranked 84th on CoinMarketCap with a market capitalization of $451,285,330. There are 6,542,267,493 ROSE coins in circulation out of a maximum supply of 10,000,000,000 ROSE coins. Over the past 24 hours, ROSE's price has increased by 16.78%, making it the best cryptocurrency to buy right now.

Rose price chart

Since its inception, Oasis Network has seen tremendous growth in the cryptocurrency market, delivering returns to early investors in 2021. The project sought to interact with the cryptocurrency community and attract investors.

ROSE is actively tracked on several coin tracking sites and is listed on reputable exchanges such as Binance and Gate.io. In addition, technical analysis indicates the potential growth potential of ROSE in the future.

Oasis Network's growth prospects are driven by growing demand for blockchain-based solutions and advanced privacy features. The project's expanding user base, development of new partnerships and enhanced security measures contribute to its positive outlook.

In terms of price predictions, the maximum price level for ROSE in 2023 could be around $0.26. This is based on the assumption that the overall cryptocurrency market is behaving as expected. The price is expected to trade around $0.14 on average in 2023.

3. Lido Doe (LDO)

Lido Finance recently approved a proposal to integrate simple distributed verification technology for the Obol network (DVT). The proposal passed on November 3 with strong support and over 99% approval. As part of this decision, Lido DAO will allocate funds to cover penalties for the reduction in the number of units and related costs.

LDO price chart

The goal of this integration is to quickly expand Lido's node operator pool by connecting a diverse group of participants. Additionally, the move aims to leverage DVT's inherent benefits of greater flexibility, deployment and security.

This integration promotes diversification within the Lido Node operator on the Ethereum network. More extensible modules that are not DVT based will be available soon.

Experts expressed optimism about the prospects for Lido’s parent token, DAO, LDO. Forecasts indicate that LDO could reach $5.15 as the broader cryptocurrency market recovers.

The forecast shows an expected average price of $4.54 per LDO. However, it is important to exercise caution as the cryptocurrency market is volatile and a strong downtrend could push the low price down to $3.93 in 2023.

4. Immutable (IMX)

Immutable focuses specifically on non-fungible tokens (NFTs). This puts the project at the forefront of Ethereum's future development as zk-rollups becomes an increasingly scalable solution.

IMX price chart

In the future, the project will likely emerge as a standard blockchain NFT, making it the best cryptocurrency to buy right now. However, this is contingent on achieving the promised throughput of over 9,000 operations per second (tps).

A key element in fulfilling this commitment is the application programming interface (API) abstraction layer. Immutable then makes these operations available through simple API calls. The feature is expected to be a major draw for new entrants, including established gaming and content companies, to get involved in NFTs.

Immutable recently announced plans to publish three upcoming blockchain games—GensoKishi Online, Cursed Stone, and Sailwars—on the Immutable zkEVM network.

Immutable ZkEVM is a gaming-focused Ethereum-scale network built using Polygon's zkEVM technology. In addition, it is fully compatible with the Ethereum Virtual Machine. Such scalable networks allow applications, including games, to process larger volumes of transactions at a lower cost than the main Ethereum network.

IMX is currently valued at $0.765869 on the cryptocurrency market, with a 24-hour trading volume of $108,425,342. Over the past 24 hours, the unchanged value has increased by 11.65%. The project is ranked 47th on CoinMarketCap. Thus, its direct market capitalization is US$958,713,952. There are 1,251,798,947 IMX tokens in circulation with a maximum supply of 2,000,000,000.

5. Launch pad XYZ (LPX)

Launchpad XYZ is a blockchain startup looking to play an important role in the Web 3.0 investment landscape. Web 3.0 investments include a variety of products such as utility tokens, NFTs, commercial games, and initial coin offerings (ICOs). Launchpad XYZ's main goal is to make Web 3.0 easier for new and experienced investors through its ecosystem.

Launchpad XYZ's core approach is to provide users with comprehensive analytics, insights, sentiment, and data analysis. The ultimate goal is to provide cryptocurrency investors, regardless of experience level, with valuable information that will allow them to make informed decisions.

From an investment perspective, Launchpad uses a staking mechanism to stimulate demand for XYZ LPX tokens. Additionally, LPX tokens are required to pay fees when participating in fractional asset investments. In addition, LPX token holders can take advantage of reduced trading fees on Launchpad DEX. This makes Launchpad XYZ the best cryptocurrency you can buy before selling.

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