Best Cryptocurrencies to Buy Now January 26 – BNB, Chiliz, Kaspa

adminJanuary 27, 2024

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find Best Cryptocurrencies to Buy Now, it’s a never-ending task, with dozens of tokens being launched every day on CEX and DEX platforms.

Investors are always looking for top-performing cryptocurrencies that are on the rise. With so many options, it can be difficult to find the best one. InsideBitcoins has compiled a list of the best cryptocurrencies to buy right now, making it easier for investors to find promising tokens.

Best Cryptocurrencies to Buy Now

In this article, we will discuss specific cryptocurrency projects, their objectives, plans, and other important factors to help investors make informed decisions. We analyze Arbitrum’s actual growth and BNB’s recent collaboration. We also examine Kaspa’s growth in the altcoin sector.

1. Arbitration (ARB)

Arbitrum, a layer 2 scaling solution for Ethereum, has experienced significant growth in 2023. Its native coin, ARB, has seen a notable 68% increase over the past month despite intermittent bearish movements. These positive trends suggest favorable prospects for the future of ARB.

In a recent development, Chainlink and Arbitrum announced the mainnet beta launch of the Chainlink feature on Arbitrum One. This integration represents a significant advancement in smart contract functionality. It also aims to enable developers to connect decentralized applications (dApps) to any API through trust-minimized computation.

ARB price chart

Arbitrum has garnered attention from prominent cryptocurrency analysts, especially following its high of $1.74. This upward trend is promising for investors, with 24-hour trading volume of $1.02 billion and high liquidity by market capitalization.

😋@Chainlink The feature is now available in Arbitrum!💙💙
This integration allows Arbitrum developers to easily connect their smart contracts to any API.
Explore the unique benefits of Functions and start building ⬇️https://t.co/mfAUqSpPSY
— Referee (💙, ) (@referee) January 25, 2024

Additionally, the introduction of Chainlink functionality in Arbitrum One will improve the developer experience by providing cost-effective computation and access to Web2 data. This collaboration serves the goal of improving the usability of the platform and promoting efficiency while maintaining trust in the decentralized ecosystem.

2. BNB

BNB has been on the rise recently, reaching a high of $690 on May 10th. However, it has since experienced a correction following the cryptocurrency market downturn. The current BNB price is $299, up 1.90% in the last 24 hours.

BNB’s 24-hour trading volume is a respectable $44,791,373,743. Additionally, the token ranks 4th on CoinMarketCap with a real-time market capitalization of $1,013,472,666. The Fear and Greed Index is at 49, indicating neutral market sentiment and suggesting a cautious approach among investors.

BNB price chart

BNB also announced the upcoming launch of the GT protocol on BNBCHAIN, with the goal of integrating the Web3 AI layer into the BNB ecosystem. This move is intended to drive mainstream adoption of the DeFi market through AI execution technology.

Technically, BNB is trading above its 200-day simple moving average, which is a positive indicator. Its performance relative to the token sale price has been favorable over time. Initially designed for use within the Binance exchange, BNB has expanded its utility beyond its initial purpose. Despite neutral market sentiment, BNB continues to evolve in terms of functionality and usage.

🚀 GT Protocol is released @BNBChain January 25, 10:00 AM (UTC).
🦾 Introducing the Web3 AI layer into the BNB ecosystem to promote mainstream adoption of the DeFi market through AI execution technology.
✅ Your 100 million user onboarding journey has begun! Stay tuned! pic.twitter.com/msyYJlwVLL
— GT Protocol (@GT_Protocol) January 23, 2024

Moreover, BNB’s recent price movements are consistent with broader cryptocurrency market trends. Additionally, technical indicators show the resilience of the token. While market sentiment is neutral, BNB’s continued development and expanding use cases contribute to its relevance beyond its initial scope.

3. CAS

Kaspar (KAS) is attracting attention in the altcoin market, with a price increase of 6.85% in the last 24 hours. The coin is stabilizing at the support level of $0.1039 and trading activity remains active. Additionally, the token’s trading volume is significant at $88.51 million, bringing its market capitalization to $2.33 billion.

KAS price chart

Additionally, out of the maximum circulating supply of 28.7 billion KAS, there are 22.45 billion KAS. Additionally, the token’s annual supply inflation rate is 53.33%, meaning that approximately 7.81 billion KAS were created last year. Kaspa currently ranks 7th in Proof-of-Work coins and 22nd in Layer 1.

Additionally, KAS showed an impressive rise rate of 1628%, surpassing 98% of the top 100 cryptocurrencies. Moreover, the coin consistently beats its 200-day moving average, indicating strong liquidity in the market.

that much #caspar Next Gen (KNG), the successor to the KDX platform, has been released! #alpha
Please help me with the test. More information about this release can be found at https://t.co/gA9sXKtiiR.
The visualization tool alone is worth a review! https://t.co/UrxCUMx2wA#rust #10BPS $what pic.twitter.com/2dPRmwRaod
— Caspian (@CaspaCurrency) January 24, 2024

The community supporting KAS appears passionate, and the project boasts a strengthened foundation and potential for expansion. From an investment perspective, Kaspa shows significant growth potential, making it a notable consideration in the cryptocurrency market.

4. Chiliz (CHZ)

The Chiliz chain recently announced an integration with Ramper. This integration marks a significant advancement for the decentralized sports and entertainment industry. This collaboration aims to simplify the use of blockchain for developers, entrepreneurs, and communities.

By leveraging Ramper’s capabilities, the Chiliz ecosystem expands its reach to serve even Web3 novices. Ramper SDK facilitates secure connections via email or single sign-on (SSO). It also secretly creates a non-custodial wallet in the background. This integration is consistent with Chiliz’s commitment to Web3 innovation and its vision to enhance the blockchain experience for sports and entertainment stakeholders.

CHZ price chart

This move coincides with a notable rise in the price of Chiliz’s token, which has risen more than 6% and is currently trading at $0.1118. Additionally, the circulating supply is 8.89 billion CHZ out of the maximum supply of 8.89 billion CHZ. Chiliz is trading above its 200-day simple moving average, indicating a positive trend.

Additionally, the annual supply inflation rate was reported at 44.83%, generating CHZ 2.75 billion last year. Additionally, the coin is positioned near cycle highs, further highlighting market strength. In the NFT token category, Chiliz is currently ranked 3rd, showing its importance in this sector.

5. SPONGEV2 (SPONGEV2)

Sponge V2 It has seen notable growth recently. Investors have accumulated over 6 billion $SPONGE tokens worth $3,958,206.14. Users can benefit from a notable Annual Percentage Yield (APY) of +250%, demonstrating the project’s efforts to incentivize participants.

With the introduction of Sponge V2’s Play-to-Earn (P2E) gaming, available in both free and premium versions, players can earn V2 Tokens. This contributes to the usability and engagement of the project. Staking $4,006,400 SPONGEV2 tokens provides a 269% reward rate, providing an additional means for user engagement and rewards.

Sponge V2 has allocated a portion of its 150 billion token supply for staking rewards. Therefore, it emphasizes transparency and builds trust within the community. This approach is consistent with the project’s focus on user incentivization and further establishes credibility.

giant signpost warning, #Sponger! 🔥
Now it is over 6 billion. $sponge $3,958,206.14 worth of tokens have been staked! 🤯
Our holders enjoy an impressive current APY of +250%. 🚀
Soak up the moisture with us!! 🧽🧽☀️#Sponge V2 #Cryptocurrency #web3 #how #100x pic.twitter.com/llxFF0hfby
— $SPONGE (@spongeoneth) January 26, 2024

Additionally, 8% of the token supply is dedicated to the Play-to-Earn gaming aspect, improving the overall utility of the token and encouraging active community participation. Moreover, the evolution of SPONGEV2 It highlights our commitment to providing a strategic and user-friendly platform.

Visit Sponge V2 Presale.

In the cryptocurrency industry, Swan Bitcoin The launch of Swan Mining, a Bitcoin mining venture, has been officially announced. Mining operations have been taking place discreetly since last summer, and the company has now announced its intention to expand its institutional services.