Bitcoin’s value is hovering in the vicinity of $28,000 as the leading digital currency experienced a brief 3% dip earlier today when Binance, the world’s largest cryptocurrency exchange, temporarily suspended all spot trading activities on its platform due to a technical malfunction.
In light of the prevailing ambiguity in the broader economic landscape, what are the best cryptos to buy now?
The company announced that trading on the exchange would recommence at around 2 p.m. UTC, following a pause that lasted over two hours.
As of writing, Bitcoin’s value has declined by more than 1% to $27,981 so far today, along with a slight drop in the crypto market as a whole.
Other digital currencies are also experiencing declines, with Ether falling 2.7% and altcoins Cardano and Solana experiencing dips of 2.65% and 4.19%, respectively.
In today’s economy, it’s key to think about how the current macroeconomic backdrop might change the way we invest, especially when it comes to picking the best crypto to buy now.
After looking at the fundamentals and technical analysis, LHINU, MASK, FGHT, DASH, METRO, CCHG, and TARO fit the bill.
Meme Coin Love Hate Inu Gains Traction Among Investors
Love Hate Inu is rapidly gaining the interest of investors and cryptocurrency experts, as it shows promise to deliver higher returns compared to its well-known meme coin counterparts, Dogecoin and Shiba Inu.
The digital asset, represented by the ticker symbol $LHINU, has successfully amassed over $1.567 million in a matter of weeks in its presale, and its one-of-a-kind voting platform has the potential to disrupt the $3.2 billion survey market.
A standout feature of Love Hate Inu is its distinctive voting system, which empowers users to share their views on a range of subjects anonymously while receiving rewards for their participation.
Built on the Ethereum blockchain, the platform provides a voting process that is both transparent and secure.
The goal of Love Hate Inu is to transform the survey sector by providing a space where individuals and businesses can design polls and motivate participants with both digital and tangible incentives.
Users are given the option to stake their tokens to gain voting rights and additional influence.
Additionally, the platform incorporates an instant bet feature that deters spam and the manipulation of votes.
During its presale, Love Hate Inu made 90% of its total supply of 100 billion tokens available to the general public, guaranteeing that the lion’s share of profits is directed to purchasers rather than institutional investors.
The token’s value is designed to rise incrementally, and investors have the option to acquire $LHINU using BNB, ETH, or USDT.
With its inventive technology and incentive structure, Love Hate Inu has the makings of the next internet sensation in the realm of meme cryptocurrencies, making it one of the best cryptos to buy now.
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Mask Network (MASK)
Mask Network’s cryptocurrency, known as MASK, has recently emerged as one of the standout performers in the crypto market.
The impressive surge in the value of MASK can be attributed to a notable development related to the project’s partnership with Arbitrum, a newly launched layer-2 smart contract platform.
The developers behind Mask Network were the recipients of a substantial allocation of 257,000 tokens from Arbitrum.
This generous distribution came as a result of Mask Network’s active role in promoting and supporting Arbitrum.
The impact of this development on MASK’s price trajectory is evident from its daily chart, which showcases a bullish trend throughout the current year.
After falling for three consecutive days from March 20 to 22, the token’s value has bounced from the $5 psychological level and surged past a crucial resistance level of $5.31.
Despite trading lower at $5.89 with a loss of 4.65% so far today, MASK has managed to stay above all key EMAs, still holding its bullish stance.
However, technical analysis of the chart reveals the formation of a potential double-top bearish divergence pattern around the $6.43 mark, which warrants attention from traders and investors.
As the weekend approaches, it is plausible that some MASK holders may opt to capitalize on the token’s impressive gains by taking profits.
Should this scenario unfold, a pullback in the price of MASK could ensue, leading to a retest of the immediate support level situated at $5.
If MASK’s price decides to continue its rise and invalidate its bearish signal, it may head to the next potential resistance area of $7.38 to $7.51.
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Fight Out Transforming Fitness Space, Making it One of Best Cryptos to Buy Now
Fight Out is positioned to make a significant impact in the fitness app world with its train-to-earn (T2E) app delivering an engaging and integrated experience that rewards users for staying fit.
Traditional fitness solutions, such as health clubs and exercise facilities, have faced challenges in drawing members due to elevated pricing.
Fight Out seeks to address this issue by establishing a gamified network where participants can be part of a motivating fitness community that helps them achieve their wellness objectives while motivating them with crypto rewards.
The ecosystem will operate on the Ethereum blockchain and will implement both T2E and play-to-earn (P2E) mechanisms to present users with a holistic approach to physical fitness.
As participants engage in competitions, perform workouts, and fulfill fitness-related tasks, they receive $REPS, the platform’s off-chain digital currency.
This token can be used to access in-app goods and services, including reduced membership fees, virtual meetings with fitness coaches, avatar enhancements, and more.
Fight Out has collaborated with well-known fitness experts and sportspeople to offer inspiration and fitness instructions through video content, interactive workout sessions, and other practical fitness activities to boost overall health and well-being.
The last stage of presale ends in 7 days so investors have a limited time to acquire the $FGHT token at the current presale price of $0.03330.
The platform has successfully garnered investments totaling over $5.82 million so far, indicating substantial enthusiasm from investors across the globe.
Investors who entered the project at an early stage are eligible to receive a bonus reaching as high as 67% on their prior purchases of $FGHT tokens.
Additionally, they can take part in the ongoing referral marketing initiative, which provides a commission of 5%.
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Dash (DASH) has recently broken out from an ascending triangle pattern, accompanied by a significant 7.81% price movement.
Throughout most of March, DASH experienced a downward trend. However, starting on March 12, the cryptocurrency’s price began to consolidate, forming the ascending triangle pattern in question.
This pattern persisted until yesterday, when DASH successfully broke out of the triangle, signaling a potential shift in market sentiment.
The 20-day EMA for Dash is currently at $59.25, while the 50-day EMA is at $59.95, and the 100-day EMA is at $56.98.
With 20-day and 50-day EMAs trading above the 100-day EMA, this suggests a short-term bullish trend for DASH.
However, the proximity of the 20-day EMA to the 50-day EMA indicates that the bullish momentum may be slowing down.
Traders should keep an eye on these moving averages, as a potential crossover of the 20-day EMA below the 100-day EMA could signal a bearish trend continuation.
DASH is trading at $61.23, with a loss of 3.61% so far today. This signals a retest of the triangle’s upper trendline at $58.43 where support may potentially be found.
On the upside, Dash faces immediate resistance in the range of $74.15 to $77.87. A break above this resistance zone could signal further bullish momentum and open the door for higher price levels.
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Metropoly Gears Up for Debut of Digital Real Estate Marketplace
Metropoly is preparing for the official launch of its real estate NFT marketplace after successfully amassing over $1 million in its presale, which is now wrapping up.
The Metropoly platform is set to go live on May 1, 2023, and the presale is fast approaching its conclusion having raised over 100% of its goal.
The tenth stage of the presale offers $METRO tokens at a price of $0.0714 each. The platform’s launch is anticipated to draw further interest from the investment community.
A key feature that sets Metropoly apart is its implementation of a fractional ownership system for real estate.
Through this system, investors can acquire non-fungible tokens (NFTs) that correspond to partial ownership stakes in physical real estate properties.
This approach allows individuals to benefit from both the appreciation of property value and rental income, all without the need for extensive credit evaluations or burdensome paperwork.
The ability to purchase $METRO tokens with cryptocurrencies such as ETH, BNB, and USDT has made the presale accessible to a broad range of investors, with a minimum investment threshold of $100.
Additionally, the $METRO token has undergone a thorough audit by CertiK, a prominent firm in the field of cryptocurrency security auditing.
Notably, the token does not carry any transaction fees and functions as a utility token within the Metropoly ecosystem, facilitating payments and rewards.
As the launch date approaches, Metropoly is poised to become a notable player in the digital real estate market, providing investors with a unique opportunity to participate in the real estate sector through the use of blockchain technology.
C+Charge’s EV Charging Payment Solution Gains Traction in Crypto Space
C+Charge, a peer-to-peer payment platform designed for electric vehicle (EV) charging stations, is rapidly gaining traction in the crypto space.
As the platform approaches the conclusion of its final presale phase, it has successfully garnered over $3.29 million in funding and is set to be introduced on the BitMart exchange on March 31.
The clock is ticking for investors interested in acquiring CCHG tokens, as the presale is set to conclude in less than five days.
With the platform’s official launch fast approaching, the opportunity to participate in this early investment phase is quickly narrowing.
The primary objective of C+Charge is to enhance the payment experience for EV charging stations by offering users clear and upfront pricing information before they initiate the charging process.
Unlike conventional fuel stations that clearly exhibit their prices, EV charging stations often suffer from a lack of pricing transparency.
To address this issue, C+Charge’s mobile application allows motorists to view the cost of charging in advance and complete the payment using the $CCHG token, thereby simplifying the transaction for drivers.
C+Charge goes beyond facilitating payments by providing incentives to EV users as well.
When making payments with the $CCHG token, users are eligible to receive carbon credits as a token of appreciation for their contribution to minimizing their carbon emissions.
As governments worldwide impose carbon reduction mandates across various sectors, these credits carry substantial worth.
The practicality and potential impact of C+Charge on the EV industry render it a compelling investment option for individuals seeking to diversify their cryptocurrency holdings.
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The metaverse landscape is teeming with various virtual realms, each vying for supremacy in a market that promises to generate billions in revenue.
Among the contenders is RobotEra, a project that has been gaining attention in recent months and is currently in the initial phase of its presale.
RobotEra envisions a metaverse where participants can engage in creative construction within an interstellar ecosystem inhabited by robots.
The gameplay centers around the restoration of the devastated planet Taro.
Players are tasked with gathering and mining resources, constructing personal and communal spaces, and participating in a variety of in-game events.
The RobotEra team is determined to address the limitations of previous metaverses and enhance the user experience.
A key focus is the decentralization of governance from the beginning, facilitated by the TARO token, which serves as a governance token within the platform’s decentralized autonomous organization (DAO).
Additionally, community members have the opportunity to earn play-to-earn rewards in TARO tokens for their gaming activities and can also stake TARO tokens.
The RobotEra presale is underway on the project’s website, where more than $1 million has been raised in recent months.
The presale is structured in multiple phases, with the token price gradually increasing at each phase.
As of writing, the TARO token is priced at $0.020, but will rise to $0.025 in the next presale phase.
By the third and final phase, the TARO token will be priced at $0.032, representing a 60% increase from the current price.
Early investors are encouraged to visit the website promptly to secure favorable pricing for one of the best cryptos to buy now.
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