Join our Telegram channel to stay updated.
Cryptocurrency traders are always looking for the best cryptocurrencies to buy for the day . In this article, we will list some coins with great potential.
According to the latest developments in the cryptocurrency market , the 24-hour total trading volume reached $230.46 billion with a significant increase of 32.63% compared to the previous day.
Bitcoin, the leading cryptocurrency, is trading at $41,761, up 5.83% in the last 24 hours. However, during the same period, Bitcoin dominance increased by 0.72% and currently stands at 51.98%.
Investors and observers should keep these developments in mind when navigating the volatile cryptocurrency market. A thorough analysis and understanding of market dynamics is essential to make informed decisions in this rapidly growing financial space.
1. Quantum (QNT)
Quant (QNT) is maintaining a positive trend and is trading above the 200-day simple moving average, indicating a favorable trend. In addition, the cryptocurrency has exceeded its initial sale price. Over the past 30 days, volume has been in the green for 17 of them, representing 57 percent of its recent trading activity.
QNT has a price of $102.83 and a 24-hour trading volume of $35.59 million. The cryptocurrency market cap is $1.24 billion, giving it a market dominance of 0.08%. QNT price increased by 2.35% during the day.
As we count down to Christmas, we celebrate a year of leveraging news, insights and issues for the future of finance. #QuantAdvent #TheFutureOfFinanceToday #TheFoundationOfTheBlockchain Economyhttps://t.co/SAFO9LLcub
— Quant (@quant_network) December 1, 2023
Quant also reached an all-time high of $424.43 on September 11, 2021. However, the lowest price was recorded on August 9, 2018 at $0.181764. After the all-time high, the next cycle low was $40.97 and the next cycle high was $225.11.
With a circulation of 12.07 million QNT and a maximum supply of 14.88 million QNT, Quant is currently ranked 17th in the Ethereum token sector (ERC20). It also ranks 25th in the Tier 1 sector by market capitalization, making it one of the best cryptocurrencies to buy right now.
2. Terra (Moon)
Terra has experienced significant price changes over the past year. It reached $18.87 on May 27, 2022, but fell to $0.371215 on August 17, 2023. Since the peak, Terran's price recorded a cyclical low of $0.371215 before returning to a cyclical high of $1.093080.
The current sentiment regarding Terra's price forecast is bullish: The Fear and Greed Index is 74 (Greed). Terra has consistently traded above its 200-day simple moving average, indicating a positive trend. In the last 30 days of the last trading period, LUNA experienced 16 green days, or 53% of the expected period.
Additionally, the cryptocurrency is currently trading near a cycle high, indicating a cycle of relative strength. It is the 15th largest cryptocurrency in the Proof of Stake sector and the 41st largest in the Tier 1 sector. Current market sentiment is positive, with above-average data from the 200-day trading range and supported by fear and greed. , bought with greed.
1/2 TFL continues to support projects in the Terra ecosystem and today committed $2.65 million in liquidity to @WhiteWhaleDefi:
1.5 million USD - LUNA / axlUSDC
$1 million - wBTC/LUNA
$150,000 - Luna/WalIn the last 16 days, TFL's total capitalization now stands at $17.65 million. pic.twitter.com/sJJPb1Jdee
— Terra 🌍 Powered by LUNA 🌕 (@terra_money) November 30, 2023
So last year, Terra saw both ups and downs in price velocity. The project's high liquidity, reflected in its market capitalization and sector valuation, strengthens its position in the cryptocurrency market. However, potential investors should be aware of high supply inflation, as this may affect the token's value over time.
3. Spongebob
SpongeBob SquarePants has caught the attention of the cryptocurrency community, inspired by the popularity of SpongeBob SquarePants. Sponge's goal is to create a community similar to the Krabby Patty secret recipe from the original cartoon. The plan set clear market targets to achieve a capitalization of $1 billion.
🚨Great news, #Sponsors! 🧽
$SPONGE Airdrop is over! https://t.co/iMAdfg9SiS
Check the wallet to see if you have listed it as a recipient! 🌊💰 #sponge #MemeCoin #Airdrop pic.twitter.com/yw7RKVtcg9
— $Sponge (@spongeoneth) November 7, 2023
Sponge went live on the Uniswap exchange, increasing its initial momentum. Sponge provides 61% of the total Decentralized Exchange (DEX) liquidity supply of 40.4 billion tokens, 29% to Unity and 10% to Central Exchange (CEX).
A popular feature of Sponge is its collaboration with Tamadoge, a web3 gaming project. The goal is to create a huge demand for cryptocurrency enthusiasts and people interested in Web3 technology. Sponge currently has a live price of $0.0003247 and a 24-hour trading volume of $459,640.1.
Furthermore, Sponge has seen a slight increase of 0.42% in the last 24 hours and currently stands at 2558 on CoinMarketCap. However, specific details such as the current market capitalization and the transfer offer remain confidential. The maximum amount is limited to $40,400,000,000 in sponge coins. It's important to understand that these numbers can change as market conditions change.
4. Flash (FLR)
Flare Labs has entered closed beta to test FA assets on the Coston testnet. This represents an important milestone in the integration of non-smart contract tokens such as BTC, XRP and DOGE with smart contracts on the Flare network. The Facets system facilitates the secure use of decentralized Flare applications.
This is done by turning them into FAssets and allowing users to earn income or rewards. In the pre-test phase, comprehensive evaluations cover key components and use cases. Flare Labs and select partners will initially participate in the testnet beta test.
External participants will be introduced gradually during the beta testing process. Once FAssets are properly deployed on the Flare mainnet, users and decentralized applications can generate revenue through DeFi. You will also receive FLR tokens as a reward for your contribution to the Flare ecosystem as part of the cross-chain promotion.
#FAssets beta is now available on the Flare Coston testnet, the main stage for the $800 billion cryptocurrency.
The system allows safe use of tokens such as BTC.
— Flare ☀️ (@FlareNetworks) November 30, 2023
Flare's recent stock performance shows that the company has had 17 positive trading days over the past 30 days, a ratio of 57%. Sentiment around the Flare price forecast is bullish, corresponding to a value of 74 (Greed) on the fear and greed index. The current supply of Flare (FLR) tokens is 14.75 billion tokens.
5. Optimism (OP)
Last year, Optimism showed clear trends in price movements and gave insights into the position of the cryptocurrency market. However, the lowest price recorded was recorded on June 18, 2022 at $0.401121.
After the downside, optimism returned to $0.896377, suggesting a rebound from the lows. The next period reached a high of $1.927560, which is volatile but could stabilize market conditions. With 74 (statements of belief) data on fear and greed, current attitude analysis is consistent with bullish optimism.
As @apecoin intends to create the DAO "ApeChain", we believe it's a great opportunity to call the super chain home.
Read on to find out why, or check out the full pitch from @ben_chain himself on the ApeCoin forums. https://t.co/WbZ7TtRFbW pic.twitter.com/nkm7KbIX2P
— Optimism (✨🔴_🔴✨) (@optimismFND) November 21, 2023
In terms of supply, Optimism has 214.75 million OP tokens out of a maximum supply of 4.29 billion OP. Optimism is ranked 8th by market cap in the Tier 2 sector and has seen a 73% increase in value over the past year, which is 67% higher than the top 100 cryptocurrencies. Furthermore, it remains above the 200-day simple moving average, which indicates that the positive uptrend is continuing.
In addition, the optimistic view focuses on high cash flow based on market capitalization, which contributes to the efficiency of the business. In line with Phase 2 goals, Optimism is currently the best cryptocurrency to buy when focusing on liquidity.
to know more
a new platform for cryptocurrency mining - Bitcoin Minetrix
- Verified by Coinsult
- Decentralized and secure cloud mining
- Get free Bitcoins every day
- The native token is now available - BTCMTX
- Equity Rewards - Over 100% APR
Join our Telegram channel to stay updated.