Best Cryptocurrencies to Buy Now January 9 – Immutable, Mina, Fetch.ai

adminJanuary 10, 2024

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

To find the best tokens to invest in, you need to observe the latest developments and identify the most promising options. This article highlights the best cryptocurrencies that have captured the attention of investors looking to make the most of their growth and innovation.

Best Cryptocurrencies to Buy Now

Open interest, a measure that reflects the total value invested in Bitcoin futures, has continued to trend upward since October. It reached a notable peak in early December at $19.2 billion, the highest in two years, according to Coinglass.

heatmap heatmap

This surge in derivatives trading signals the prevailing sentiment among investors that the SEC may approve the proposed Bitcoin ETF. As stakeholders eagerly await the regulatory verdict, cryptocurrency market Bitcoin ETFs are still on board as they are likely to be approved as a focus for investor interest.

1. Fetch.ai (FET)

Fetch.ai (FET) has experienced significant developments in the cryptocurrency space, contributing to its notable growth. Fetch.ai has integrated GraphCast, an AI weather forecast model. This integration gives users access to unprecedented weather insights through DeltaV.

FET price chart

Additionally, the price of FET rose 9.36% during the day, showing a significant upward trend. Over the past year, its price has surged 332%, outperforming 88% of the top 100 cryptocurrency assets.

new #complete inform! 🔥
Our #AIAAgent You can now find real-time details related to UK train departures. @nationalrailenqRail API! 🔍
Join the early access waitlist. #DeltaV Choose your platform and try this and many other great tools 👇https://t.co/hiL8WQbdIh pic.twitter.com/kLQFNQovKR
— Fetch.ai (@Fetch_ai) January 5, 2024

Additionally, Fetch.ai’s current circulating supply is 688.12 million FETs out of a maximum supply of 1.15 billion FETs. Additionally, Fetch ranks 33rd in Ethereum (ERC20) tokens, 47th in Layer 1, and 7th in AI cryptocurrency.

The token trades above its 200-day simple moving average, indicating stable trading performance. FET has shown a consistent positive trend with 17 green days in the past 30 days.

2. Casper (CSPR)

Casper Network’s integration into Ledger Live is a notable development for individuals who prioritize the highest level of security in cryptocurrency asset management. This integration, implemented by Zondax, reflects a joint effort aimed at improving user experience. Zondax has consistently proven its reliability and expertise in creating Ledger apps.

CSPR price chart

This ensures a secure and smooth interface for Casper Network users. The price of CSPR is $0.046928, with a 24-hour trading volume of $10.63 million. The market capitalization is $548.4 million and the market dominance is 0.03%.

Additionally, CSPR price showed a slight increase of 2.36% intraday. Notably, the token has experienced a 58% price increase over the past year, trading above its 200-day simple moving average.

We are excited to announce the integration of Casper. @ledger 🙌
Now users can safely store and manage their data. $CSPR Natively in the Ledger Live app! https://t.co/zK7hLqgBe8
— Casper (@Casper_Network) January 5, 2024

It also showed positive performance compared to the initial token sale price. In the last 30 days, the number of green days was 16, accounting for 53% of the observation period. Casper has a circulating supply of 11.69 billion units, with an annual inflation rate of 9.69%.

This means that 1.03 billion CSPR tokens were created last year. The project’s performance provides valuable insight into its market position, making it one of the best cryptocurrencies you can buy right now.

3. Mine (mine)

Mina has seen notable developments in its market performance over the past 24 hours. Prices rose 11.37%. Currently, sentiment toward Mina Protocol is optimistic, with the Fear & Greed Index recording 76 (greed).

MINA price chart

Additionally, Mina currently holds 1.03 billion MINA tokens out of a maximum supply of 824.1 million. The annual supply inflation rate is calculated to be 36.94%, generating 278.2 million MINA last year. Within the Layer 1 segment, Mina Protocol ranks 31st by market capitalization.

Please note that Mina’s testnet is currently in progress ahead of a large-scale mainnet upgrade!
Load testing is nearly complete and our engineering team has captured a lot of valuable data to optimize network performance.
Cheers to our testers! 🥂 Thanks to your efforts, we… https://t.co/YXGVYiSA6z
— Mina Protocol 🪶 (@MinaProtocol) January 5, 2024

Additionally, MINA has experienced a 142% price increase over the past year, outperforming 72% of the top 100 cryptocurrency assets. Moreover, Mina Protocol is trading above its 200-day simple moving average, indicating a positive trend. Additionally, the project boasts high liquidity relative to its market capitalization.

4. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix It is a tokenized cloud mining platform positioned as a decentralized solution for individuals engaged in Bitcoin mining. The project aims to improve security and transparency by using tokenization to improve the overall user experience.

With a significant stake exceeding 400,000 BTCMTX tokens, the platform offers an initial annual percentage yield (APY) of 103,225%. However, this may change with increased token staking.

A significant portion, equivalent to 42.5% of BTCMTX tokens, is allocated to mining operations. This highlights the project’s commitment to building a strong mining infrastructure. Additionally, 35% is dedicated to marketing initiatives and BTCMTX expansion. Additionally, 15% of the token supply will be allocated to reward active community participation and promote participation within the project.

The remaining 7.5% is reserved for BTCMTX staking rewards to encourage user participation. Bitcoin Minetrix has raised over $7,894,506.19 of its $8,005,978 goal. Tokens will be offered at a rate of $0.0127 per token, with a one-day period for subsequent price increases.

#Bitcoin Metrics Another notable milestone has been reached! 🎖️
It exceeded $7,800,000. pic.twitter.com/61vRZDus2v
— Bitcoin Minetrix (@bitcoinminetrix) January 8, 2024

Investors had the opportunity to acquire 70% of the total supply, a total of 2.8 billion BTCMTX. This acquisition can be made using Ethereum (ETH) or Tether (USDT) with a minimum investment of $10. The strategic token distribution is consistent with Bitcoin Minetrix’s emphasis on strengthening its mining infrastructure and fostering the gradual growth of its platform.

as a result, Bitcoin MinetrixIts innovative approach to cloud mining and transparent token distribution makes it the best cryptocurrency to buy right now. However, investors should conduct thorough research and due diligence before considering participating.

Visit Bitcoin Minetrix Presale.

5. Immutability (IMX)

SubQuery, a key player in the blockchain ecosystem, is collaborating with Immutable zkEVM to form Web3 games. The Immutable zkEVM chain represents a notable advancement and signals a new era for Web3 games. This immutable zkEVM chain is linked to the EVM chain, providing economics, scalability, and security similar to Ethereum.

The ability to accelerate Web3 game development is critical to enabling developers to create innovative experiences. SubQuery’s decentralized data indexing solution empowers developers of the Immutable zkEVM chain. This facilitates the organization and retrieval of on-chain data for protocols and applications.

IMX price chart

The SubQuery API further simplifies backend processes, allowing developers to focus on product development and user experience without having to build an indexing engine. Market sentiment regarding Immutable’s price prediction is currently neutral. However, the fear-greed index is 76, indicating extreme greed.

The token price rose 4.74% intraday. Over the past year, Immutable Remarkably, it outperformed 88% of the top 100 crypto assets during this period, surpassing both Bitcoin and Ethereum.

Immutable is the home of web3 games. pic.twitter.com/hGOFzPCapp
— Immutable (@Immutable) January 8, 2024

The circulating supply of Immutable is 1.32 billion out of a maximum supply of 2 billion IMX. The annual supply inflation rate was 92.74%, creating 636.09 million IMX last year. Currently, Immutable

Technically, Immutable X is trading above its 200-day simple moving average, indicating positive market sentiment. Additionally, it shows positive performance relative to the token sale price, contributing to high liquidity based on market capitalization.