Best Cryptocurrencies to Buy Now January 10 – Osmosis, VeChain, Oasis Network

adminJanuary 10, 2024

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InsideBitcoins regularly provides summaries of: best cryptocurrency Buy now considering the latest price/performance ratio.

For many investors, finding the best token is an ongoing challenge. The cryptocurrency market continues to change with new and existing currencies fluctuating. The article discusses factors such as market performance, technological innovations, and overall potential for market gains.

Best Cryptocurrencies to Buy Now

Investors are taking precautions, with some opting to increase their put positions to mitigate potential risks associated with a negative outcome for spot. bitcoin ETFs around the January 10th SEC deadline. As a result, the put-call ratio rises, indicating a more bearish stance among traders. Optimism surrounding the possible approval of the ETF has led options traders to adopt a bullish outlook on the price of Bitcoin.

1. Osmosis (OSMO)

Osmo (OSMO) has increased by 3.02% in recent intraday trading. Moreover, the highest price was $11.18 on March 4, 2022, and the lowest price was $0.224557 on October 19, 2023. After reaching the high, the lowest was $0.224557 and the subsequent high was $2.14.

OSMO price chart

Additionally, Osmosis has a positive price forecast, with a Fear & Greed Index of 73, indicating greedy market sentiment. The circulating supply of OSMO is 282.46 million out of the maximum issued volume of 1 billion.

Introducing Staking v1 🧪
An evolution in the way you stake assets and integrate your DeFi experience directly on Osmosis.
🧵⬇️ pic.twitter.com/umHpmTbr0L
— Osmosis² 🧪 (@osmosiszone) January 8, 2024

Over the past year, OSMO’s price has risen 137%, outperforming 74% of the top 100 cryptocurrencies. It is trading above the 200-day simple moving average, indicating a positive trend. Over the past 30 days, Osmo recorded a green day of 63% and boasts high liquidity based on market capitalization.

2. VeChain (VET)

VeChain’s recent price action displays a pattern within an ascending triangle. The price fluctuated between $0.037 and $0.029 in the short term, indicating a prevailing bearish trend. However, VeChain has shown a commendable surge of over 16% over the past month.

Moreover, sentiment on VeChain’s price prediction is currently neutral, with the Fear and Greed Index hitting 73 (greed). The maximum supply of VET is 86.71 billion VET, with a circulating supply of 72.71 billion VET. The annual supply inflation rate was 0.28%, generating 203.39 million VET last year.

VET price chart

In the Layer 1 category, VeChain is currently ranked 24th. VeChain’s liquidity is considered high relative to its market capitalization. The annual inflation rate is 0.28%, reflecting the measured increase in token supply.

#VeChainThor is redefining the blockchain environment with an enterprise-level Layer-1 platform.
Here’s how 🧵 pic.twitter.com/PT1OxsizfG
– VeChain (@vechainofficial) January 8, 2024

Over the past year, VeChain has seen its price rise by 72%, outperforming 59% of the top 100 cryptocurrency assets during this period. Moreover, current trading positions are above the 200-day simple moving average, suggesting potential fundamental strength in the VET market.

3. Oasis Network (ROSE)

At the current price of $0.119747, Oasis Network has a 24-hour trading volume of $95.69M and a market cap of $803.93M. The token ranked 16th in the proof-of-stake coin category and 5th in the AI cryptocurrency category.

ROSE price is up 0.26% in the last 24 hours. Sentiment towards the Oasis Network price prediction is currently bullish, as evidenced by its Fear and Greed Index score of 73 (Greed).

rose price chart

Additionally, out of the maximum supply of 10 billion units, the distributed ROSE is 6.71 billion units. However, the current annual supply inflation rate is 17.25%, generating 987.88 million ROSE over the past year.

Oasis Network reached an all-time high of $0.592943 on January 15, 2022. However, the lowest price on November 26, 2020 was $0.032259. ROSE’s price rose 201%, outperforming 80% of the top 100 crypto assets during this period.

The family we chose💙
Oasis Sapphire and Oasis Privacy Layer provide Smart Privacy—customizable privacy designed to scale Web3 adoption, usability, and security—to developers, users, and existing Web3 projects.
Join us! 👉 https://t.co/ZtCDHupfkR pic.twitter.com/vFntVp3l6E
— Oasis Network (@OasisProtocol) January 8, 2024

The project boasts high liquidity relative to market capitalization. Currently trading above its 200-day simple moving average, ROSE has recorded 16 green days over the past 30 days, accounting for 53% of the observed period.

4. Akash Network (AKT)

Akash Network is a decentralized cloud computing marketplace focused on advancing AI capabilities. We’ve built a full marketplace for GPUs with the goal of improving accessibility for AI developers and researchers. The main goal of this project is to democratize the availability of GPU resources for AI, providing an alternative to traditional cloud computing.

This is consistent with our commitment to expanding the reach of AI and ensuring secure computing options. AKT tokens are limited to a few exchanges and are not listed on Tier-1 platforms. Nonetheless, the token has experienced a 102.72% price increase over the past month, achieving a market capitalization of $738.44 million.

AKT price chart

Over the past 24 hours, AKT price has risen slightly by 4.51%. Additionally, the token grew significantly with an impressive growth rate of 1,344%. This puts Akash Network in the top tier, outperforming 98% of the top 100 crypto assets during this period.

The circulating supply of AKT is 224.83 million out of the maximum supply of 388.54 million, and the annual supply inflation rate is 97.46%. Moreover, 110.96 million AKT were created last year. The Fear and Greed Index currently stands at 73, indicating greed, making it one of the best cryptocurrencies to buy right now.

Akash Proposition 240 is expected to pass overwhelmingly.$AKT Supplier incentives are ongoing. This allows you to use the NVIDIA A100 for as low as $0.79 per hour. https://t.co/mKQTGAKCwb
— Akash Network (@akashnet_) December 30, 2023

AKT price prediction sentiment is bullish and the token is trading near cycle highs. The project ranks 17th in the proof-of-stake coin category and 6th in the AI cryptocurrency category. Although Akash Network’s performance indicators are positive, it is worth noting that potential investors should carefully consider the risks associated with investing in cryptocurrency.

5. SPONGEV2 (SPONGEV2)

Sponge V2 Last year, the company experienced significant changes, with its market capitalization increasing from $1 million to $100 million. The project’s focus on strengthening its market presence signals a commitment to solidifying its heritage. It also presents an attractive opportunity for both existing and potential investors.

One notable aspect of Sponge V2 is its adoption of the Stake-to-Bridge model. This model is designed to provide $SPONGE holders with a smooth transition to V2. Users can stake V1 tokens, which will remain locked for 4 years and provide a minimum Annual Yield (APY) of 40%.

This approach rewards loyalty while ensuring smooth movement for token holders. The main feature that distinguishes Sponge V2 is that it integrates Play-to-Earn (P2E) games, which are available in free and premium versions. The game allows players to earn V2 tokens and adds utility and interactive appeal to their projects.

📣Daily staking updates! 🧽︎
A whopping 4,520,997,010 as of today. $sponge The token is staked and its value is $4,241,497.98! 🌟
With an APY of 357%, the potential is huge. 🤯
Stake now and be part of our growing success!#SpongeV2 #memecoin #Ticketing pic.twitter.com/OEkXcsmsgW
— $SPONGE (@spongeoneth) January 10, 2024

It also provides a fun and rewarding element for users. Sponge V2 has a total token supply of 150 billion, with a focus on community engagement and user rewards.

Additionally, 8% of the token supply is allocated to the Play-to-Earn gaming aspect, contributing to the overall utility of the token. Sponge V2’s development demonstrates our commitment to providing a strategic and user-friendly platform. The introduction of the Stake-to-Bridge model and Play-to-Earn games strengthens the attractiveness of the project.

SPONGEV2 PRE-SALE VISIT