Best Cryptocurrencies to Buy Now February 24 – Aave, Xai, Beam

adminFebruary 25, 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.

Every day, investors search for promising cryptocurrencies to capitalize on their potential profits. In a volatile market, many tokens stand out as attractive options and represent suitable investments.

Best Cryptocurrencies to Buy Now

global cryptocurrency The market value has surpassed $2 trillion, marking a significant moment of recovery and expectations of another bullish trend. Cryptocurrencies may seem attractive due to their profit potential, but this analysis focuses on tokens, noting their unique strengths and growth prospects. This article aims to help investors make informed decisions by highlighting promising tokens worth considering in the current market environment.

1. Abe

Aave (AAVE) recently announced integration with Binance Smart Chain (BNB). This integration will give BNB Smart Chain users access to Aave’s top-tier lending platform. This improves liquidity and opens new avenues for DeFi participation.

Conversely, Aave users can leverage the BNB Chain’s extensive ecosystem to benefit from low fees and expanded collaboration opportunities. Known as the largest DeFi lending protocol, Aave boasts a total value locked (TVL) of $8.598 billion, according to DeFi Llama.

AAVE price chart

Since the announcement, AAVE has experienced a slight price increase and is currently trading at $102.47, up 12.58% intraday. Over the past year, the price has surged 19% and is trading above its 200-day simple moving average.

Nonetheless, sentiment regarding Aave’s price prediction remains neutral. The token’s Fear and Greed Index stands at 72, which indicates the greed of investors. Additionally, Aave recently integrated with Scroll, marking an important milestone in the evolution of the DeFi platform.

Aave V3 Market @Scroll_ZKPDistributor: @bgdlabsApproved by Governance and now live!
👻📜🤍 https://t.co/8fiI4SmxDe
— Aave Labs (@aave) February 12, 2024

As the first zkEVM to partner with Aave, Scroll’s ZK Rollup technology adds an additional layer of security to Aave’s lending and borrowing capabilities. This will help keep user funds safe while taking advantage of the many opportunities Aave V3 offers. The integration of Aave with BNB Smart Chain and collaboration with Scroll represents essential progress in the DeFi sector.

2. NEAR Protocol (NEAR)

The NEAR protocol has garnered significant attention in the altcoin space due to its strength in the market. Last week, the price of NEAR showed an upward trend, rising from $3.17 to $3.60. Moreover, this trend is further extended on the monthly chart, where NEAR has surged 37%.

Additionally, the NEAR protocol is a layer 1 blockchain that addresses limitations commonly found in other blockchains. These limitations include slow transaction speeds, low throughput, and interoperability issues. The NEAR protocol promotes faster project development for developers through the provision of modular components.

NEAR price chart

Recent developments have put the NEAR protocol in the spotlight. Coinbase introduced perpetual futures for NEAR, resulting in a surge in trading activity for the token. Additionally, the token is up 11.48% in the last 24 hours and 8.84% in the last 7 days. NEAR is trading above its 200-day simple moving average, indicating positive momentum.

One keychain, many keys.
One wallet, many cards.
One NEAR account, many blockchains.
Learn how NEAR is leading the future of chain abstraction with account aggregation https://t.co/WBcol6zoHm pic.twitter.com/YQFuJHK9hG
— NEAR Protocol (@NEARProtocol) February 15, 2024

Additionally, market sentiment for NEAR remains bullish, reflected by its Fear and Greed Index score of 72 (Greed). The coin has experienced 19 green trading days out of the last 30, highlighting its appeal to investors. Additionally, NEAR boasts high liquidity based on market capitalization, further increasing its attractiveness in the cryptocurrency market.

3. XAI

The XAI token has recently seen significant gains in the relatively stable cryptocurrency market. Last week, XAI surged 40.71%, reaching a price of $1.36, according to data from CoinMarketCap. This surge coincides with an upcoming update to the XAI staking program.

XAI_GAMES also announced the imminent launch of XAI Staking Version 1 via the X Platform. It’s scheduled for release next week, with version 2 scheduled for release in March. Market analysts have observed a bullish technical pattern emerging for XAI, which is likely to indicate further upward movement in the XAI price.

XAI price chart

XAI also aims to revolutionize the gaming industry by bringing the real economy and open trade to video games. The platform allows gamers to own valuable in-game assets and trade them outside of the closed gaming ecosystem. The anticipated staking feature has generated significant interest from investors who believe it will drive greater adoption and usage of the XAI token.

$XII Staking v1 will be released next week.
v2 is scheduled to be released in March.
Learn more about our unique and innovative personalities. $XII Staking below.
🐉🐲 pic.twitter.com/21qAmrOk1J
— XAI (@XAI_GAMES) February 23, 2024

As anticipation and momentum builds around the project, XAI appears poised to continue delivering strong results. Cryptocurrency investors are closely watching the release and reception of new staking updates, which could act as a catalyst for further price increases for the XAI token.

4. Ituk Tuk (TUK)

Ituktuk A real initiative to tackle urban noise and air pollution in busy cities in emerging markets. It proposes a solution involving a lightweight electric vehicle (EV), known as a TukTuk, that is locally manufactured and powered by renewable energy sources. The project also aims to build a network of EV charging stations to support these vehicles.

The overarching goal is to mitigate pollution while also addressing the financial gap. The platform’s tokens received significant attention during the pre-sale period. TUK has raised more than $1.3 million.

“Breakout crypto eTukTuk is working to improve urban transportation in developing countries through electric vehicles and blockchain technology.” – @cryptonews
Learn more here: https://t.co/7hr62WePzm
— eTukTuk (@eTukTukio) February 8, 2024

Currently valued at $0.02725 per token, investors are showing enthusiasm. Nonetheless, there is an eight-day window until the next price increase. eTukTuk also promotes community participation by rewarding a variety of participants. This includes drivers, charging station hosts, and developers who hold $TUK tokens.

It also encourages contributions to expanding the network, amplifying its positive impact on society. The project adopts a multi-chain approach leveraging the BNB chain and Cardano to increase accessibility and inclusion. Ituktuk Through innovative models and token ecosystem, we strive to revolutionize transportation in urban areas while prioritizing sustainability and social equity.

Visit eTukTuk Presale

5. BEAM

Beam has seen a notable surge in price recently, doubling its value since the last trading session. This surge can be attributed to the project’s goal of building a multi-purpose blockchain gaming ecosystem. Beam tokens are utilized for a variety of transactions within the network, including asset transfers and interactions with smart contracts.

This infrastructure promises users a smooth gaming experience. In the last two weeks alone, Beam has experienced significant growth of 90.7%, indicating potential for further upside. Currently trading at $0.03214, the token has witnessed a surge of over 15% over the past seven days.

BEAM price chart

However, in the last 24 hours, the token price has decreased slightly by 7.40%. Despite the recent decline, sentiment around Beam’s price prediction remains bullish and is supported by the Fear & Greed Index, which indicates a greed rating of 72. Additionally, out of the last 30 days, Beam has seen positive price movement on 17 days, indicating continued growth.

Beam tokens are primarily traded on Binance. As the project continues to advance the gaming ecosystem and attract users, investors are closely monitoring its progress and anticipating further growth potential.