Markets

Best Crypto to Buy Today 11th January – MEMAG, XRP, FGHT, SHIB, CCHG, BNB, RIA, MATIC, D2T

Published

1 year ago

January 11, 2023

The cryptocurrency market has crept up by 0.5% in the past 24 hours, reaching a total cap of $894 billion. This means it has risen by around 6.5% in the past week, although it’s mostly unchanged in the past month and still significantly down compared to this time last year.

However, while the market hasn’t moved much in the past couple of days, several altcoins have posted some above-average gains. This articles collects them in a list of the best crypto to buy today, along with various presale tokens that boast strong fundamentals and promising roadmaps.

Meta Masters Guild (MEMAG)

Launching its presale today, Meta Masters Guild is a mobile-focused gaming guild that will develop a range of Web3 and play-to-earn games. Running on Ethereum, its games will feature playable NFTs, while also paying out rewards that can be exchanged for its native token, MEMAG, which in turn can be staked and traded.

Its sale will have a total of seven stages, with the first — and current — stage offering 1 MEMAG for $0.007. This price will incrementally rise to $0.023, meaning the earliest investors will see a 228.5% increase even before MEMAG lists.

With the platform due to launch its first game (Meta Kart Racers) in the second quarter of this year, Meta Masters Guild is likely to witness rapid growth. And if the wider market and global economy enters more favorable conditions, its native token could end up being one of the chief beneficiaries.

Visiting Meta Masters Guild Now

Ripple (XRP)

XRP has gained by 3.5% in the last 24 hours. At $0.363029, it has also risen by 5.5% in a week, but remains down by 5% in past month.

XRP’s chart points to a change in fortunes, with the coin’s relative strength index (purple) rise above 50 in the past few hours, having welcome the New Year at below 40. Likewise, it seems that its 30-day moving average (red) may have stopped falling relative to its 200-day (blue), and may be about to begin rising relative to the longer term indicator.

In terms of XRP’s bigger picture, it’s still waiting on the conclusion of Ripple’s long-running legal battle with the SEC. This could potentially go either way, but Ripple has had a few small victories during the case, including several important decisions going in its favor (e.g. access to the 2018 Hinman emails).

Assuming that Ripple does secure some kind of favorable settlement or summary judgment, this would likely result in a massive rally for XRP. As such, the latter is one of the major cryptocurrencies to watch this year, and its successes may end up being a catalyst for the wider market.

Fight Out (FGHT)

Fight Out (FGHT) is a platform that aims to mix real-life workouts with Web3 and the metaverse. Based on Ethereum, it will track and reward a much wider range of workouts than earlier move-to-earn platforms, including boxing, weightlifting and yoga, while also offering a range of in-app and IRL courses at its own branded gyms.

Its token sale opened in December and has already raised over $2.8 million, with 1 FGHT currently selling at $0.0166. The sale is due to end by Q2 2022, which is when it will list for the first time on exchanges and when its app will launch.

Visit Fight Out Now

Shiba Inu (SHIB)

SHIB has dropped by 6% in the past day, falling to $0.00000896. This represents a 10% gain in a week, but a 1.5% fall in a month, with the meme token remaining down by 90% compared to the all-time high of $0.00008616 it set in October 2021.

SHIB’s indicators remain in a promising place, even if it’s not guaranteed they’ll continue rising. Its RSI has dipped to 60 after reaching 70 in the past few days, suggesting a possible correction, even if momentum remains relatively high.

At the same time, SHIB’s 30-day moving average is well below its 200-day, something which signals that it could be in line for a big rally. This is in an expectation that has been strengthened by the upcoming arrival of the Shibarium Network, a layer-two solution for Shiba Inu that’s due to launch its beta in the coming weeks.

Not only will the layer-two network make SHIB much more attractive to use, but Shiba Inu is also in the process of developing its very own metaverse. This is due later in the year, but when it does come, expect further SHIB rallies.

C+Charge (CCHG)

Aiming to attract ESG investors, C+Charge (CCHG) is a peer-to-peer payment network for electric vehicle (EV) charging stations. Having begun its presale in December, it has the overarching aim of using blockchain and crypto to widen access to carbon credits, with its native CCHG set to be used within its network by EV owners to pay to charge their vehicles.

In addition, C+Charge will also reward users with NFT-based carbon credits for charging their EVs at its stations, giving people an incentive to go green. It has also already signed partnershps with Flowcarbon and with Perfect Solutions Turkey, adding 20% of the EV chargers in Turkey to its network.

Visit C+Charge Now

BNB (BNB)

At $277.98, BNB has risen by 1% in the last 24 hours, while also gaining by 13% in the past week. On the other hand, the exchange utility token is down by 2% in a month, and by 60% since setting an ATH of $686 in May 2021.

BNB’s chart reveals a steady increase in momentum, potentially transforming into a breakout rally. Its RSI is closing in on 70, while its 30-day average has begun to turn upwards, with plenty of space for it to continue rising.

As mentioned above, what’s interesting about BNB is that it has declined ‘only’ by 60% since its current ATH. This is significant insofar as big cryptocurrencies such as bitcoin and ethereum have fallen by larger percetanges since their respective record highs, indicating that BNB is better at preserving its value than other major tokens.

This is likely because it’s Binance’s native token, and with Binance remaining the biggest exchange in the industry, BNB will always have a strong use case. There’s also the fact that BNB’s price has been helped by its ongoing burns, with Binance planning to destroy a total of 100 million BNB (out of a max supply of 200 million).

Calvaria (RIA)

Having now raised over $2.7 million, Play-to-earn (P2E) battle card game Calvaria recently entered the final stage of its token sale. This means there are only 12% of the available RIA coins remaining, with the token due to list on exchanges in the next few weeks (LBANK Exchange and BKEX Global are among early supporters).

Available on PC and mobile app stores, Calvaria doesn’t actually require cryptocurrency to play. This makes it more accessible — and potentially more popular — than pre-existing blockchain-based games, and could prove a gateway to crypto for many members of the lay pubic.

It’s due to launch in Q2 2023, with its game world set in a mythical afterlife. Characters will be animated in full 3D, while players will have the ability to earn and upgrade the collectible cards used to battle with different factions in the game’s universe.

With 58,000 Twitter followers, it already looks as though its amassing quite an audience. As such, it and its native token could end up having a big 2023.

Visit Calvaria now

Polygon (MATIC)

MATIC has climbed by 2% in the past 24 hours, reaching $0.859899, which also marks a 10% gain in a week. That said, the altcoin is still 3.5% down in a month and down by 70.5% compared to its record high of $2.92, set in December 2021.

MATIC’s chart is in an interesting position, with its RSI rising but its 30-day average only just having fallen below its 200-day. This could mean that it’s due another rally very soon, although it has been due a large rally for several months now.

Regardless of when a significant bull rally arrives for MATIC, it remains one of the most fundamentally strong altcoins in the market. This is simply because Polygon is comfortably the biggest layer-two scaling solution for Ethereum, with a total value locked in of over $1 billion (which is more than many layer-one networks).

And with Polygon continuing to witness ongoing development and adoption, it’s only a matter of time before MATIC begins troubling its ATH again.

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Markets

US National Debt Reaches a Record of $33 Trillion: Economic Crisis in Perspective

Published

8 months ago

September 20, 2023

Daniel Jara

The US National Debt has reached a new historic milestone by surpassing the astonishing figure of $33 trillion, according to the most recent fiscal reports. This dizzying increase occurred in less than a year since the debt limit was set at $31.41 trillion in January 2023. This article will analyze the factors behind this unprecedented increase, the role of the debt ceiling, and the implications this has for the American and global economy.

A Limit That Is Constantly Challenged

The debt ceiling is a limit imposed to control how much the U.S. Treasury can actively borrow. It is a crucial tool for maintaining fiscal balance, but throughout history, it has been raised on more than 100 occasions, raising questions about its long-term effectiveness.

Driving Factors of the US National Debt

Several factors contribute to this escalation of the national debt. The response to the COVID-19 pandemic and the assistance provided to Ukraine are significant elements. Additionally, inflation is on the rise, with the United States Consumer Price Index (CPI) reaching a concerning 3.7%. These elements have put pressure on national finances.

The Challenge of Avoiding a Government Shutdown

The United States faces pressure to avoid a government shutdown, as there are only seven legislative days to make crucial decisions. A Defense Appropriations Bill is pending and is considered essential to ensure long-term government funding. However, a collective effort is still required to prevent both a government shutdown and a crisis of the U.S. National Debt.

The Political Perspective

House Minority Leader Hakeem Jeffries points out that the responsibility lies in the hands of the Republicans, but the fight to alleviate the debt burden on American citizens continues. His focus includes pursuing measures that make life more affordable for citizens, cost reduction, creating better-paying jobs, and strengthening communities, among other objectives.

In Conclusion…

The US National Debt has surpassed $33 trillion, marking a historic record and posing significant economic challenges. The decision to raise the debt ceiling once again and the measures taken to address this growing crisis will have a lasting impact on the United States’ economy and its global influence. Time will tell how this situation is resolved and what measures are taken to ensure financial stability in the future.

Markets

These 3 AI Crypto Coins are Bullish in 2023 – Render, Fetch.ai, yPredict

Published

8 months ago

September 12, 2023

Daniel Jara

ai crypto, bitcoin price, bearish market — Image by Gerd Altmann from Pixabay

The influence of artificial intelligence (AI) on various sectors is no longer news, and the crypto industry is no exception. In the crypto market, the impact of AI is becoming increasingly evident. AI-centric projects are creating a ripple effect that is influencing the value of their associated cryptocurrencies. Among the multitude of AI-driven initiatives in the crypto space, projects like Render, Fetch.ai, and yPredict are making their presence felt.

As the broader crypto market faces challenges, with Bitcoin struggling to maintain its price above the $25,500 mark, these AI crypto projects offer a glimmer of stability. They present use-cases that extend beyond mere speculation, integrating technological advances into functional, real-world applications.

In a market where many alt coins are finding it hard to sustain their price, these AI-focused tokens offer a promising avenue for future growth. Their impact is not just limited to the crypto market; they have the potential to drive advancements across various sectors, from entertainment to finance and beyond.

Visit yPredict Here

The Rendering Revolution: What Makes Render a Noteworthy AI Crypto Project

Render focuses on providing solutions for GPU-based rendering. The project makes the complicated process of converting 2D or 3D computer models into lifelike images more accessible. By allowing people to use their idle GPUs to complete rendering tasks, the platform democratizes the cloud rendering process.

The project was founded by Jules Urbach, who is also known for founding OTOY, a company specializing in cloud rendering services. Another key player in the project is Ari Emmanuel, who currently serves as the co-founder and co-CEO.

According to their distribution plan, 25% of the native Render Token (RNDR) is open to the public, 10% is being kept in reserve, and the remaining 65% is set aside for network operations. The RNDR token plays a central role in the platform’s economy, as it is used to pay for rendering and streaming services.

A recent blog post by the Render team outlined the primary use cases of the RNDR token. These include protecting rights, monetizing content, and empowering individual creators. Users who offer rendering services on the platform can earn RNDR tokens, which can be bought, sold, and held as an investment on various crypto exchanges.

The Automation Advantage: Fetch.ai’s Role in the AI Crypto Sector

Fetch.ai is another player in the AI crypto arena, simplifying daily tasks through AI and blockchain. The platform uses something called a ‘digital twin,’ a virtual bot that represents you and can perform tasks like comparing flight prices across different websites.

These digital twins can also learn and share experiences with each other. For example, if you want to plan a vacation similar to one your friend enjoyed, the digital twins can negotiate the details, sparing you the need for exhaustive research.

Fetch.ai is not just for personal tasks; it’s also finding a role in decentralized finance (DeFi). Within the crypto market, it can identify tokens that are cheaper on one exchange than another and execute purchases on your behalf.

The native token of the platform, FET, serves multiple purposes. It fuels the internal economy of the platform and is used to access various services. Staking FET tokens not only earns interest but also grants users a say in the platform’s future. Requiring FET tokens to deploy a digital twin acts as a safeguard against spam and malicious bots.

yPredict: A New Chapter in AI-Driven Crypto Analysis

While yPredict is still in its presale stage, it has already attracted a significant amount of interest. The platform has raised over $3.81 million of its targeted $4.6 million, with each YPRED token priced at $0.1. Built on the Polygon Matic chain, yPredict will work with YPRED tokens that have a multitude of uses within the platform.

One of the main features of yPredict will be its prediction marketplace. Here, financial data scientists can offer their predictive models as a subscription service. Traders can then subscribe to these models using YPRED tokens, gaining access to valuable trading signals and forecasts. The setup allows data scientists to monetize their predictive models without having to manage trading operations.

In addition to the prediction marketplace, YPRED tokens will be used for other functions, like analyzing various cryptocurrencies and gaining access to data-driven insights. Token holders can also stake their tokens in high-yield pools, which derive their liquidity from 10% of each new user’s YPRED deposit.

Understanding yPredict’s tokenomics will be important for those who plan to use the platform. The total supply of YPRED tokens is set at 100 million, with 80 million allocated for the presale. The remaining tokens are reserved for liquidity and development purposes.

Beyond their utility in the marketplace, YPRED tokens will allow holders to participate in voting processes, contributing to the decision-making within the yPredict ecosystem.

yPredict plans to offer more than just price predictions. The platform will also feature a range of analytical tools, including pattern recognition, sentiment analysis, and transaction analysis. These tools will automatically detect chart patterns, analyze news and social media content related to the asset under consideration, and generate useful data-driven insights.

Adding to its trading focus, yPredict is also developing an AI-powered backlink estimator. The tool is trained on over 100 million links and will predict the backlink profile needed for a site to rank for a specific keyword.

Initially launched as a free preview, the feature received over 5,000 requests within the first 24 hours. It’s now available to the public at a price of $99 per query, according to a recent tweet from yPredict’s official account.

In summary, as the crypto market faces uncertainty, AI-driven projects like Render, Fetch.ai, and the soon-to-be-launched yPredict offer a glimpse of stability and practical utility. These platforms are not just about speculation; they work to solve real-world problems, extending their influence beyond the volatile crypto market.

Visit yPredict Here

_{Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.}

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Markets

Bitcoin Price Prediction as Crypto Market Selling Continues – What’s Going On?

Published

8 months ago

September 11, 2023

Daniel Jara

Amid a continued selling trend in the crypto market, Bitcoin‘s value experiences notable fluctuations. As of now, the live price of Bitcoin stands at $25,090, with an impressive 24-hour trading volume of $14.7 billion.

However, despite its market dominance—reflected in its #1 ranking on CoinMarketCap—Bitcoin has seen a dip of nearly 3% in the past 24 hours.

The currency’s live market capitalization is a whopping $488.83 billion, and out of its maximum supply of 21 million BTC coins, 19,482,656 BTC are currently in circulation.

The pressing question on everyone’s mind is: What’s causing this market upheaval?

Bitcoin Price Prediction

Delving into the technical analysis of Bitcoin, it is evident that the premier cryptocurrency has recently witnessed a stark downturn.

Specifically, it has breached a significant triple bottom support at the $25,400 level—a benchmark that had been underscored by the triple bottom pattern visible on the 4-hour timeframe.

The presence of the “Three Black Crows” candlestick pattern on this same timeframe further augments the prospects of a continued bearish trend.

Presently, Bitcoin is navigating the oversold territory. Oscillator indicators, like the Relative Strength Index (RSI), are lingering below the 30 mark, which typically suggests seller exhaustion.

Such a dynamic often paves the way for a brief bullish correction prior to a potential resumption of the downtrend. Concurrently, the Moving Average Convergence Divergence (MACD) indicator has entrenched itself in the sell zone, with histograms forming below the zero line—another beacon of bearish sentiment.

The 50-day Exponential Moving Average (EMA) is positioned around $25,500, and with Bitcoin currently priced at approximately $25,200, and consistently trading below the 50 EMA, the bearish bias remains robust.

**Bitcoin Price Chart – Source: Tradingview**

From this technical analysis point, Bitcoin is poised to encounter resistance around the $25,400 level.

A modest bullish correction up to the $25,600 level might merely be a precursor to a deeper dive, potentially targeting the next support level at $24,800.

If Bitcoin was to decisively undercut the $24,800 level, the subsequent support is anticipated around the $24,000 mark. It’s also worth noting a descending trend line, currently posing as a significant barrier around the $25,600 mark.

However, should Bitcoin muster a bullish breakout above this line, the gates might open for a rally towards the $26,400 level or even as high as $46,000.

In summation, the $25,600 level emerges as a critical juncture, likely serving as today’s pivotal point in the trading landscape.

Top 15 Cryptocurrencies to Watch in 2023

Get ahead of the game in the world of digital assets by checking out our carefully curated selection of the top 15 alternative cryptocurrencies and ICO projects to watch for in 2023.

Our list is compiled by industry experts from Industry Talk and Cryptonews, so you can expect professional recommendations and valuable insights for your cryptocurrency investments.

Stay updated and discover the potential of these digital assets.

Find The Best Price to Buy/Sell Cryptocurrency

^{Disclaimer: Cryptocurrency projects endorsed in this article are not the financial advice of the publishing author or publication – cryptocurrencies are highly volatile investments with considerable risk, always do your own research.}

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