Best Cryptocurrencies to Buy Now December 10 – Injective, KuCoin Token, Cronos

adminDecember 10, 2023

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‘Best Cryptocurrencies to Buy Now‘ is one of the most searched cryptocurrency-related terms on Google, and InsideBitcoins lists several options every day.

In the latest update cryptocurrency globeThe current total market capitalization is $1.66 trillion, showing a slight decline of 0.71% over the past 24 hours. However, the cryptocurrency’s 24-hour trading volume remained at $203.83 billion, down -7.60%.

Best Cryptocurrencies to Buy Now

Trading activity within the decentralized finance (DeFi) sector reached $7.05 billion, accounting for 14.05% of the total cryptocurrency market size during the period. DeFi’s dominance in the broader market remains a focus, with it having a noticeable presence across the overall trading landscape.

Cryptocurrency Heatmap

Stablecoins have played an important role in market dynamics. The 24-hour trading volume of stablecoins reached $43.36 billion, accounting for 86.45% of the total cryptocurrency market trading volume during this period. This highlights the continued emergence of stablecoins as the preferred choice for traders looking for a more stable store of value.

1. Apartment (APT)

Over the past year, Aptos has outperformed 64% of the top 100 cryptocurrency assets, with its price rising by a significant 70%. This positive trend has been strengthened with Aptos currently trading above its 200-day simple moving average. Aptos shows commendable performance metrics and continues to see its price rise. Liquidity of the asset remains strong thanks to its significant market capitalization.

APT price chart

APT hit an all-time low of $3.08 on December 29, 2022, and reached an all-time high of $19.86 on January 30, 2023. However, the lowest price since the cycle peak is $4.72 and the lowest price since the cycle peak is $8.80. The prevailing sentiment regarding APT’s price prediction is bullish, consistent with the Fear & Greed Index of 74 (Greed).

Additionally, Aptos currently holds 279.02 million APT out of the maximum supply of 1 billion APT. The annual supply inflation rate was 114.63%, and 149.02 million APTs were created over the past year. In the layer 1 sector, Aptos ranks 22nd in market capitalization.

2. KuCoin Token (KCS)

KuCoin token (KCS) has seen notable growth, with its price rising 47%. This positive trajectory positions KCS favorably compared to 54% of the top 100 cryptocurrency assets over the same period. Additionally, the KuCoin token hit a new all-time high of $28.79 on December 1, 2021.

KCS price chart

Of the total supply of 171.25 million KCS, 80.12 million KCS are currently in circulation. Market sentiment is currently strong with a Fear Greed Index of 74 (Greed). KCS ranks 7th in the exchange token sector and 23rd in the Ethereum (ERC20) token sector based on market capitalization.

Additionally, Customs recorded 18 green days over the past 30 days, equivalent to 60% of the observation period. The current market position is near cycle high, reflecting continued strength in token valuation.

We are pleased to announce strategic investments and partnerships. @Dovi_L2, an innovative BTC L2 solution aimed at optimizing transaction efficiency. We will continue to support Dovi in achieving important milestones to deliver efficient applications to our users! pic.twitter.com/uMCYHw1Res
— KuCoin Labs (@KCLabsOfficial) December 10, 2023

Technically, KCS is trading above its 200-day simple moving average, which is a key indicator of positive market momentum. The token has consistently shown positive performance relative to its initial sale price, highlighting its resilience in the market.

3. Kronos (CRO)

Will CRO remain one of the best cryptocurrencies to buy right now? Cronos has experienced a notable price increase of 62% over the past year, surpassing 61% of the top 100 cryptocurrency assets. It is currently trading above the 200-day simple moving average. There were 16 positive sessions in the last 30 days, accounting for 53% of the observation period.

CRO price chart

Additionally, Cronos hit an all-time high of $0.959822 on November 24, 2021, and a low of $0.011508 on December 17, 2018. The lowest price since the all-time high was $0.048820, and the subsequent highest price reached $0.120785. The prevailing sentiment is bullish, with the Fear and Greed Index at 74, indicating the level of greed in the market.

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Out of the maximum supply of 30.26 billion CRO, a total of 25.26 billion CRO is in circulation. Based on market capitalization, it ranks 5th in the exchange token sector and 9th in the Ethereum (ERC20) token sector.

4. Bitcoin ETF Token (BTCETF)

that much Bitcoin ETF Token Its unique strategy has attracted the attention of many investors. This strategy leverages the potential acceptance of Bitcoin exchange-traded funds (ETFs). The project aims to simplify investor participation in the development of prospective ETFs by consolidating them into a single token.

According to industry experts, the approval of a Bitcoin ETF could increase the value of Bitcoin by one to three times its current price. The BTCETF token stands out in that it improves the ETF approval process, offering higher return potential given its relatively small market capitalization.

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— BTCETF_Token (@BTCETF_Token) December 9, 2023

The project, which has raised $3,379,002.58 of its $3,957,930 funding goal, is showing significant interest from potential buyers. The current price of the token is $0.0066 per unit. This growing interest from investors is BTCETF Tokens, the best cryptocurrencies you can buy right now.

5. Injection (INJ)

Injective has seen a significant price surge over the past year, with a whopping 1,029% increase. This puts it in a favorable position to outperform 97% of the top 100 cryptocurrency assets during this period. Current circulating supply is 83.76 million INJ out of a maximum supply of 100 million INJ.

INJ price chart

Additionally, 10.75 million INJ were created last year, with an annual supply inflation rate of 14.72%. Within the decentralized finance (DeFi) sector, Injective ranks 6th by market capitalization. It also secured 4th place in the Layer 2 category and 3rd place in the AI Crypto category.

In particular, it outperforms Bitcoin and Ethereum and is consistently trading above its 200-day simple moving average. Positive performance relative to the token sale price further solidifies its position.

Injective Nexus allows you to access core chain data in BigQuery through Google Cloud.
Use cases include:
🏦 Create a new Web3 financial dApp
🤖 Leveraging on-chain data for AI https://t.co/5VpV6QjbiC
— Injective 🥷 (@Injective_) December 8, 2023

Studying the past price range, Injective peaked at $24.91 on April 30, 2021, while the lowest recorded price occurred on October 29, 2020, at $0.664050. After the all-time high, the price fluctuated, with the lowest cycle being $1.125880 and the highest cycle being $20.43.

Sentiment in the Injective price prediction is bullish, in line with the Fear and Greed Index of 74 (Greed). Injective’s performance metrics, including price trends, market cap rankings, and supply dynamics, highlight Injective’s significant position in the cryptocurrency space.