Best Cryptocurrencies to Buy Now February 10 – Hedera, Bittensor, ZetaChain

adminFebruary 10, 2024

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we are Best Cryptocurrencies to Buy Right now, it’s likely worth adding to your watchlist for the next few days.

Altcoins are an essential component of the cryptocurrency industry. Given the recent turmoil experienced by major cryptocurrency exchanges, there is a renewed positive perception of these digital assets. In this article, we highlight some standout tokens and examine the catalysts behind their surprising price surges. We also look at notable efforts underway in their development and provide insight into the continued evolution of these alternative digital currencies.

Best Cryptocurrencies to Buy Now

Hedera has partnered with the Saudi Ministry of Investment to establish the DeepTech Venture Studio in Saudi Arabia. Bittensor experienced a price increase of 8.25% in the last 24 hours, reaching $535.28. Additionally, ZetaChain recently introduced native support for smart contracts. Meanwhile, net inflows in kind Bitcoin The ETF is poised to hit $9 billion on Thursday due to a surge in cryptocurrency prices.

1. Ivy (HBAR)

Hedera is a decentralized network that helps individuals and businesses create decentralized applications (dApps). Unlike regular blockchains, it uses a new technology called Hashgraph to perform tasks more quickly and reliably.

Hedera’s native token, HBAR, is currently worth $0.07912. Today the value has increased by 3.30% and over the past week it has increased by 13.90%. This surge is largely due to Hedera’s collaboration with the Saudi Ministry of Investment.

HBAR price chart

The collaboration also resulted in the establishment of the DeepTech Venture Studio in Saudi Arabia as part of a $250 million five-year plan. The studio develops solutions using AI, blockchain, robotics, IoT, virtual reality and quantum computing technologies. DeepTech Venture Studio aims to foster innovation and economic growth in Saudi Arabia by providing access to these cutting-edge technologies.

As part of a five-year contract worth $250 million with the Saudi Ministry of Investment (@mass), @The_Hashgraph The association announced the launch of the DeepTech Venture Studio, which will help companies develop innovative technology solutions. #web3https://t.co/wnqA9H4rm4 https://t.co/Yi6EJWqEh6
— Ivy (@ivy) February 6, 2024

Additionally, Hedera’s partnership with the Saudi Ministry of Investment aims to foster innovation and grow the digital economy in the Kingdom. In summary, the partnership between Hedera and the Saudi Ministry of Investment is a huge step forward in the advancement of technology in Saudi Arabia. Leverage Hedera’s expertise to drive innovation and growth in the region.

2. Bit Tensor (TAO)

Bittensor (TAO) saw its price increase by 8.25% over the last 24 hours, reaching $535.28. This increase adds to recent positive trends, with shares up 21.81% over the past week. The token is currently close to its all-time high of $554.22.

Additionally, Bittensor is an open-source protocol that supports decentralized machine learning networks on blockchains. In this network, machine learning models collaborate to train and are rewarded with TAO tokens for their contributions. Users can also access the network externally and adjust operations as needed.

TAO price chart

Additionally, market sentiment towards TAO’s price prediction is bullish with a Fear and Greed Index score of 74 (Greed). The coin’s trading volume surged 32.70% in the last 24 hours. Moreover, Bittensor has consistently traded above its 200-day simple moving average and has seen positive movement on 18 of the previous 30 days.

Bittensor holds a leading position in the AI cryptocurrency sector, highlighting its importance in this specialized market. However, investors should conduct comprehensive research before investing in tokens.

3. Uniswap (UNI)

Uniswap is a decentralized trading protocol that facilitates automated trading of DeFi tokens for anyone who holds the tokens. It solves liquidity problems through a computerized solution while avoiding the past problems of decentralized exchanges. Users can trade directly and earn fees by pooling assets into liquidity pools to improve efficiency and decentralization.

UNI price chart

Operating on the Ethereum blockchain, Uniswap’s core functionality focuses on liquidity pools where users directly contribute assets for trading. UNI, the primary utility token, fulfills various roles within the ecosystem. You can stake into liquidity pools for rewards and play a pivotal role in managing the decentralized nature of Uniswap by encouraging participation in the protocol.

The Uniswap protocol processed a total swap volume of $1,836,599,491,103.
The countdown to $2 trillion begins 🦄 pic.twitter.com/wppDHm596l
— Uniswap Labs 🦄 (@Uniswap) February 5, 2024

Additionally, Uniswap token is trading at $6.62, up 2.71% over the last 24 hours. Uniswap handled an impressive $1,836,599,491,103 in total swap volume. Sentiment analysis shows a Fear and Greed Index of 74, suggesting a bullish outlook.

Moreover, the token price rose 4% last year, exceeding the 200-day moving average, showing positive momentum. Uniswap boasts high liquidity based on market capitalization and is solidifying its position in the cryptocurrency market.

4. Meme Combat (MK)

that much combat memes (MK) token pre-sale raised over $8 million, almost reaching the hard cap of $10 million. This indicates significant interest in projects that combine gaming elements and meme culture. Through the Meme Kombat website, supporters can purchase MK tokens for $0.279 each.

Additionally, half of the total MK token supply has been allocated for the pre-sale, and we plan to list the tokens on decentralized exchanges such as Uniswap after the pre-sale ends. Meme Kombat offers a virtual fighting arena where users can wager MK tokens on animated battles featuring iconic meme characters. Winners will receive additional MK tokens to encourage active participation and foster community growth.

Achieved $8.4 million this year $MK Ticketing!
We are reaching out to the fighters🥊 pic.twitter.com/DM97hLfXZh
— Meme Kombat (@Meme_Kombat) February 8, 2024

The project also has a strong following on platforms such as Twitter and Telegram, reflecting its engaged community. Meme Kombat also incentivizes token holders to stake their MK holdings, providing a 110% Annual Percentage Yield (APY). This dynamic staking system combined with innovative token economics and gameplay mechanics has attracted significant interest, with 80% of MK tokens sold already staked.

Recent activity combat memes The community, including notable ETH transactions worth over $13,800, indicates continued interest from investors. Once pre-sale is complete, the project will be positioned for further development and expansion with the support of a dedicated community and promising gaming utilities.

Visit Meme Kombat Presale.

5. Zeta Chain (ZETA)

ZetaChain has made a splash in the cryptocurrency world with its token, rising over 150% on its debut day. Since then, the price peaked at $1.81 before seeing some consolidation, but recently rose 15.65% to $1.40. ZetaChain is also compatible with a variety of blockchains, including Ethereum Virtual Machine (EVM), Cosmos/IBC, and Bitcoin.

This means you can move data and funds between different systems seamlessly. ZetaChain’s smart contracts have huge implications. The platform’s native omnichain smart contract functionality allows developers to deploy contracts as easily as developing applications for a single network, such as Ethereum. These smart contracts can coordinate data and value across multiple chains, even chains that do not support smart contracts.

ZETA price chart

Additionally, ZetaChain’s native token, ZETA, is used for multiple purposes within the ecosystem. It facilitates cross-chain value transfers, secures the blockchain through mechanisms such as slashing, bonding, and staking, pays gas fees, processes transactions, and stores data. ZETA allows users to transfer native value across chains without the typical asset bridging or wrapping risks.

Recently, ZetaChain introduced native support for smart contracts, allowing developers to use a single contract to build decentralized applications (dApps) that operate efficiently across multiple chains. As ZETA gained popularity in the market, major exchanges such as Binance and Coinbase listed the token.

Today, we are excited to announce the launch of ZetaChain mainnet beta! Eligible users can claim ZETA earned on ZetaHub. Everyone can earn XP in our first launch campaign: https://t.co/DlfQLGgawn
ZetaChain was launched in 2021 with the mission to serve as a universal platform.
— ZetaChain (@zetablockchain) February 1, 2024

Additionally, OKX launched ZETA/USDT perpetual futures with leveraged options, integrated margin trading, and token accumulation features. ZetaChain also launched a ZETA airdrop, encouraging users to register their wallets to claim tokens. Market analysts predict that after the current consolidation phase, ZETA’s value could resume its upward trend, potentially reaching its target of $5.