Blockchain

Best Cryptocurrencies to Buy Now February 3 – Osmosis, Storj, TRON

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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.

Investors are actively seeking out promising tokens for potential investment opportunities. The quest for significant returns drives the search for the next investment. Although it is difficult to predict the success of a specific cryptocurrency, various indicators provide investors with insight. In this article, we analyze the most promising cryptocurrencies you can buy right now, leveraging our comprehensive understanding of market trends and growth potential.

Best Cryptocurrencies to Buy Now

Altcoins are strategically expanding their influence, improving investor returns through partnerships, and adjusting their market strategies. eTukTuk is an innovative take on the play-to-earn game, inspired by the signature eTukTuk vehicles. At the same time, Osmosis has earned the trust of investors after achieving a significant milestone with 1.1 million active addresses. Additionally, Celestia is attracting the attention of investors and analysts thanks to its unique characteristics and promising growth trajectory.

1. Tron (TRX)

Last week, Tron (TRX) rose more than 0.87% and settled at its current price. Currently valued at $0.302, TRON’s all-time high was achieved at this price range. However, the coin hit its lowest recorded value on September 15, 2017, hitting an all-time low of $0.001091.

TRX price chart TRX price chart

The lowest price of TRON after the all-time high was $0.007350, which represented a cycle low, and the post-cycle high low reached $0.179725, which represented a cycle high. TRON, with a circulating supply of 92.35 billion TRX out of a maximum supply of 99.28 billion TRX, will remain within predefined limits.

Additionally, TRON outperformed 73% of the top 100 cryptocurrency assets last year. Additionally, the token is trading above its 200-day simple moving average, indicating a positive trend. Additionally, TRON is showing a bullish outlook, complemented by a Fear and Greed Index score of 60, which indicates the current state of greed.

TRON ranks 5th in the proof-of-stake coin category and 1st in the Tron network category. Additionally, the token ranks 9th in the Layer 1 category. These rankings highlight TRON’s importance and influence within the sector.

2. Celestia (TIA)

Celestia has captured the attention of investors and analysts due to its unique features and growth trajectory. The token is worth $18.21. Celestia’s appeal as a beginner-friendly cryptocurrency lies in its innovative modular data availability design. Additionally, the token demonstrated resilience, increasing by 6.91% intraday, reflecting market stability.

TIA price chartTIA price chart

Moreover, the Celestia token hit a new all-time high of $20 in January 2024 despite overall bearish market conditions. However, it fell 16% from this peak, swinging from $14.96 to $18.46. TIA recorded 15 of the last 30 days as green days, making up 50% of the period.

Additionally, Celestia boasts high liquidity based on its market capitalization and is actively traded on Binance. The current circulating supply of the token is 161.65 million TIA tokens. In summary, Celestia’s recent market performance has been notable with notable all-time highs and subsequent corrections. The project’s focus on modular data availability design and trading trends positions it as the best cryptocurrency to buy today.

3. Ituk Tuk (TUK)

To revolutionize transportation in developing countries and around the world, Ituktuk It is evolving into a blockchain-based charging infrastructure. The current value of TUK tokens at the community sale stage is $0.02625, with significant growth potential by the end of the year upon listing on exchanges.

also. The project introduced a play-to-earn game modeled after the company’s flagship eTukTuk vehicles. The model aims to engage users in a Crazy Taxi style experience on the streets of Sri Lanka. Faster driving brings higher income to the player.

In its latest funding update, eTukTuk successfully raised $752,005.79 out of $844,058 during the ongoing pre-sale period with a 10-day window until the next price increase. The project highlights key milestones including a working prototype, launch of Power Stake Paper, and international expansion through offices in Sri Lanka and Singapore.

Additionally, eTukTuk has established a strategic partnership with Sri Lanka’s Capital Maharaja Group and is preparing to launch in the country. This is supported by a product launch plan for brand awareness. Recent performance is expected to attract more users, increasing demand for $TUK tokens in the coming months.

additionally, Ituktuk Outlines plans to list the $TUK token on a major centralized exchange (CEX) with the support of the Sri Lankan government. eTukTuk’s main focus is reducing carbon emissions and addressing economic inequality, especially in developing countries. The project aims to carve a niche in the highly competitive market through modern transportation solutions and blockchain integration.

4. Osmosis (OSMO)

With a recent surge in trading volume, Osmosis has garnered significant attention within the Cosmos ecosystem. Additionally, the token has achieved the milestone of 1.1 million active addresses since launch. The fourth quarter proved to be particularly favorable for Osmosis as it witnessed excellent revenue generation.

Osmosis has also partnered with Shido to pioneer the first decentralized exchange (DEX) market pair for the Shido Network. After mainnet launch, SHIDO will be traded via the SHIDO/USDC market pair on Osmosis DEX. Shido plans to further strengthen this collaboration by injecting an additional $1 million into a new liquidity pool to encourage liquidity provision.

OSMO price chart OSMO price chart

Moreover, increasing engagement with Osmosis trading activity means growing buzz about the platform. The price of OSMO rose 0.32% in 24 hours, with a trading volume of $20.56 million. Likewise, OSMO stayed mostly in the green zone last year, gaining 52%, outperforming 68 of the top 100 tokens.

With 16 green days in the last 30 days, Osmo is highly liquid by market capitalization. Additionally, the coin continues to maintain trading levels above the 200-day simple moving average (SMA), solidifying its position as a noteworthy cryptocurrency. Osmosis currently boasts a circulating supply of 282.46 million OSMO units, out of a maximum supply of 1 billion units.

5. STORJ

Storj’s current value is $0.6454 and its market capitalization is $258.78 million. The token has shown resilience and growth potential throughout its journey. The project’s 24-hour trading volume on Binance is $65.87 million, contributing to a market dominance of 0.02%.

Storj has shown steady progress since hitting an all-time low of $0.048397 on March 13, 2020, reaching its current value. Since STORJ’s all-time high, the lowest price hit a cycle low of $0.195598 and a cycle high of $1.231620.

STORJ price chart STORJ price chart

Moreover, the token price rose by 64% last year and is actively traded on Binance. Additionally, out of the maximum supply of 425 million, 402.13 million STORJ are currently in circulation. The project maintains good balance and high liquidity based on market capitalization.

Storj is performing well in trading, holding above its 200-day simple moving average. It ranks 58th in the Ethereum (ERC20) token category and 62nd in the layer 1 category. Among the top 100 cryptocurrency assets, it outperformed 68% last year.

Looking at sentiment, the Fear and Greed Index stands at 60, indicating some greed, while Storj price prediction sentiment remains neutral. Investors should conduct thorough research and evaluate the inherent risks before making any investment decisions.

Meanwhile, U.S. authorities have charged three people for their alleged involvement in a cyberattack targeting FTX. cryptocurrency exchange. This security breach occurred in November 2022 and caused significant losses to the exchange, exceeding US$400 million.

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