Bitcoin

Best Cryptocurrencies to Buy Now December 26 – Celestia, Stacks, Osmosis

adminDecember 28, 2023

join us telegram A channel to stay up to date on breaking news coverage

Every day we review a few of our picks: Best Cryptocurrencies to Buy Now Based on the latest market trends, blockchain news, and trend narratives.

The topic of the best cryptocurrencies to buy now remains the focus of market investors. Today, notable competitors like Celestia, Stacks, and Osmosis are gaining traction for distinct reasons, making them attractive investment options. InsideBitcoins provides valuable insights into promising assets that can deliver significant returns.

Best Cryptocurrencies to Buy Now

Despite price surges, many of the best cryptocurrencies are available at affordable prices. As of early 2024, six of the top 20 cryptocurrencies by market capitalization are in this price range.

Our analysis also shows that these three tokens priced below $1 are worth considering. This sentiment is based on future growth potential. These cryptocurrencies are Polygon, XRP, and Cardano. In addition to the three previously mentioned cryptocurrency It’s worth watching for potential investment opportunities. In this article, we will discuss these promising tokens.

1. Celestia (TIA)

Celestia has shown notable performance in the cryptocurrency market, with several indicators showing positive trends. TIA’s current price is $13.30, giving it a market capitalization of $493.06 million. In the past 30 days, the token price has increased by 131.88%.

TIA price chartTIA price chart

However, this sentiment is consistent with the token’s recent price movements, with 16 of the last 30 days recorded as green days. Additionally, TIA reached $15.20, an all-time high. However, the lowest price since the all-time high was $13.19, marking a cycle low.

After this cycle’s low, the highest price hit a cycle high of $13.46. Celestia currently boasts a circulating supply of 153.1 million TIA tokens, contributing to the overall liquidity of the market.

In summary, Celestia’s recent performance metrics position it as one of the best cryptocurrencies you can buy right now. Investors can monitor these trends and conduct further research to make informed decisions based on their investments.

2. Stack (STX)

Figment recently announced its role as a signatory for the upcoming Stacks Nakamoto upgrade. This move provides solid infrastructure and services to strengthen the Stacks ecosystem. This development marks a significant step forward in establishing Stack as a comprehensive Bitcoin Layer 2 solution.

As a signer, Figment is validating Stacks blocks and processing sBTC transactions. This ensures seamless movement of BTC between Layer 1 and Layer 2. It also adds a layer of security to the network, preparing the next generation of scalable Bitcoin applications.

STX price chartSTX price chart

One notable aspect of the Celestia project is its favorable liquidity, indicated by its high market capitalization. Sentiment towards TIA’s price prediction is positive, with a Fear and Greed Index of 71 (greed). In the recent cycle, XRP has shown fluctuations in value by hitting a high of $1.977930.

This translates to 3.8 billion XRP created last year. In the layer 1 category, XRP ranks 5th by market capitalization.

Additionally, Celestia’s current circulating supply is 153.1 million TIA. There were 16 green days in the last 30 days, or 53% of the total. Figment’s role in the Stacks Nakamoto upgrade is a step toward making Bitcoin’s layer 2 solutions more powerful.

3. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix We have introduced a unique way to profit in the cryptocurrency world. A staking mechanism for BTCMTX tokens has been introduced, allowing users to earn cloud mining credits. The main goal of this innovative model is to decentralize control and provide token holders with a secure mining experience.

The Bitcoin Minetrix staking pool is receiving a lot of attention, with over 409,962,606 BTCMTX tokens currently staked. The project advertises an Annual Percentage Yield (APY) of 103,225%, aiming to attract users seeking potential returns on their staked tokens. Bitcoin Minetrix is ​​doing well and ranks highly among the best cryptocurrencies you can buy right now.

Currently in progress BTCMTX The pre-sale raised over $6,083,632.43 of the total goal of $6,637,581, with a token price of $0.0124. This growth is indicative of the project’s ability to attract participants and generate funding. It is worth noting that there is a one-day window until the next scheduled price increase.

4. Ripple (XRP)

Recently, Mastercard and Ripple collaborated in a move that could boost the value of XRP. This collaboration has the potential to significantly impact the value of XRP. A key aspect of this partnership is the joint effort to introduce cryptocurrency debit cards.

This strategic move allows Mastercard to expand its reach into the cryptocurrency space. Additionally, XRP will have exposure to the broader traditional financial sector. This consolidation could push XRP closer to the $0.70 price. Currently, the sentiment on the price prediction for XRP is Neutral, with the Fear and Greed Index sitting at 71 (Greed).

Of the maximum 100 billion, 54.07 billion XRP coins are in circulation. Over the past year, 3.8 billion XRP were created, resulting in an annual supply inflation rate of 7.57%. In the layer 1 segment, XRP ranks 5th by market capitalization.

XRP has seen a 78% price increase over the past year and is currently trading above its 200-day simple moving average. Over the past 30 days, green days accounted for 17 days, accounting for 57% of the total, indicating positive market activity. And due to its market capitalization, XRP is considered highly liquid.

The collaboration between Ripple and Mastercard could introduce important developments for XRP, potentially impacting market dynamics. The project’s performance indicators present noteworthy positive trends with a cautious and informative outlook for investors and stakeholders.

5. Osmosis (OSMO)

Osmosis has seen notable price growth over the past year, with a price increase of 120.89% during this period. This performance puts Osmosis ahead of 68% of the top 100 cryptocurrency assets over the same period.

OSMO price chart OSMO price chart

OSMO’s price forecast is bullish and consistent with the Fear and Greed Index registering at 71 (Greed). In particular, the project proved resilient, hitting $0.224557, the lowest price since an all-time high during the cycle low. Conversely, the highest price achieved since the last cycle low was reached at $2.14.

However, Osmosis boasts a circulating supply of 282.46 million OSMO tokens out of a maximum supply of 1 billion. Technically, the token is currently trading above its 200-day simple moving average, indicating a continued positive trend.

Osmosis has experienced 24 of the last 30 days as green days, indicating a positive trading trend of 80%. Additionally, Osmosis exhibits high liquidity by market capitalization, reflecting its ability to accommodate significant trading volumes.

Learn more

A new cryptocurrency mining platform – Bitcoin Minetrix

Bitcoin MinetrixBitcoin Minetrix
  • Thanks to Coinsult
  • Decentralized, secure cloud mining
  • Get free Bitcoin every day
  • Native token currently in pre-sale – BTCMTX
  • Staking Rewards – APY 100% or more

Bitcoin MinetrixBitcoin Minetrix


join us telegram A channel to stay up to date on breaking news coverage

adminDecember 28, 2023

Related Articles

DEXTools’ Top Trending Cryptocurrencies – DAO Maker, PowerLedger, BTCX

December 12, 2023

Transaction Fees – Is it possible to stash 1-sat UTXOs?

March 14, 2024

Lifinity USDC pool is exhausted due to arbitrage bots.

December 9, 2023

Is ByteTrust a legitimate company?

March 31, 2024
Back to top button