Best Cryptocurrencies to Buy Now March 31 – FLOKI, Theta Network, Maker

adminApril 1, 2024

join us telegram A channel to stay up to date on breaking news coverage

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

Several major cryptocurrencies have surged in value over the past week due to several key factors. Bitcoin Increased investments through Bitcoin ETFs have generated gains, contributing to the upward momentum in Bitcoin price. Additionally, anticipation surrounding the ‘Bitcoin halving’ event scheduled for early April has fueled the cryptocurrency rally.

Best Cryptocurrencies to Buy Now

The price of Floki has risen a whopping 635.64% this year. The value of THETA, which currently has a price of $2.88 and a market capitalization of $2.8 billion, has also risen noticeably. Additionally, Chiliz recently partnered with Nansen to provide comprehensive insight into the growth and uptake of SportFi.

1. Floki (Floki)

FLOKI has shown an impressive surge this year, with its price rising an impressive 635.64%. This surge brought it to a high last seen in November 2021, which was just 8% short of its previous all-time high. However, in a subsequent price retest, FLOKI was down about 30% from its March high.

Stability is currently maintained around strong support levels. This indicates resilience to further price declines and suggests the potential for another significant gain, with the potential to surpass previous highs. FLOKI’s positive trajectory has been strengthened by an 8% increase in trading volume over the past 24 hours.

FLOKI price chart

Additionally, FLOKI’s aggressive token burning strategy effectively resulted in the elimination of $404,800 worth of FLOKI tokens over the past week. This strategy aims to reduce the token supply, potentially increasing its value over time. Additionally, market sentiment surrounding FLOKI remains optimistic. This results in a Fear and Greed Index of 75, indicating the greed of investors.

$FLOKI and $token Featured on China’s leading sports TV channel CCTV-5!
This was introduced #Floki and #tokenpie As part of our sponsorship of the finals of the World Table Tennis Championships held in Incheon, South Korea, we are providing services to over 100 million viewers in China. pic.twitter.com/wCZeRwuUa2
— FLOKI (@RealFlokiInu) March 31, 2024

FLOKI continues to trade above its 200-day simple moving average, further strengthening the positive outlook. FLOKI also recently announced plans to introduce regulated digital banking accounts, with a roadmap that includes the launch of a debit card and staking service. The platform has established strategic partnerships with licensed fintech companies in jurisdictions including Canada, Spain, Dominica, Australia and the UAE to ensure compliance and deliver robust services.

FLOKI has also partnered with payment networks such as VISA and Mastercard to ensure widespread acceptance and usefulness of debit cards. This card is issued in cooperation with a Swiss-based company regulated by the Swiss Financial Market Supervisory Authority (FINMA).

2. Ituk Tuk (TUK)

Ituktuk We aim to establish ourselves as a transformative force in the transport sector, aiming to address environmental sustainability and global economic inequality. In recent months, eTukTuk has seen notable development. The platform’s ambitions extend beyond just digital currency.

We’ve reached a major milestone of raising $2 million in pre-sales!
Thank you for your support.
Rest assured. These funds will fuel our mission for a sustainable future 🚀https://t.co/4kiTWB8U8Z
— eTukTuk (@eTukTukio) March 20, 2024

Plans include developing a network of cost-effective charging stations and electric vehicles to cater for a wide audience. The soon-to-be-launched Driver App is expected to play a pivotal role in eTukTuk’s digital ecosystem. eTukTuk also plans to list its TUK tokens on Tier 1 and Tier 2 cryptocurrency exchanges with the support of the Sri Lankan government, which it expects will enhance its market presence and value.

that much Ituktuk The pre-sale successfully raised over $2.6 million and the current TUK token price is $0.029. Expectations surrounding the listing later this year are expected to gain momentum. However, investors should be aware that there is 22 hours until the next expected price increase.

Visit eTukTuk Pre-sale

3. Chiliz (CHZ)

Chiliz announced a partnership with Nansen, an on-chain data and analytics provider. The goal of this collaboration is to provide detailed insight into the expansion and use of SportFi. By leveraging Nansen’s tools, users and the cryptocurrency community can better understand Chiliz’s on-chain dynamics.

Additionally, you can now track Chiliz’s growth and performance through Nansen’s Macro Dashboard. Cryptocurrency teams can also leverage Nansen Query to access Chiliz’s on-chain data, representing an advancement in understanding and leveraging on-chain data for strategic insights in the sports and entertainment blockchain sector. Moreover, this collaboration is expected to increase understanding of the Chiliz ecosystem.

CHZ price chart

It also has the potential to drive user adoption and growth for SportFi. Chiliz Blockchain, with a total market capitalization of $1.3 billion, has attracted major soccer clubs such as Manchester City and Paris Saint-Germain (PSG). Based on the latest data, CHZ is trading at $0.1489, up 0.74% intraday.

We are pleased to announce @nansen_ai Integration of Chiliz Chain to provide on-chain data and analytics to the Chiliz SportFi ecosystem ✅
Visit the Nansen Macro Dashboard 📊https://t.co/CLk2PSTRlo
Learn more about our partnership 👇https://t.co/nYZkXAxun4#ChilizChain ⚡ $CHZ
— Chiliz ($CHZ) – Sports Blockchain ⚽🏆 (@Chiliz) March 28, 2024

Additionally, CHZ is currently trading 87.62% above its 200-day simple moving average (SMA) of $0.079618. The sentiment surrounding the Chiliz price prediction is currently bullish, with the Fear & Greed Index sitting at 75, indicating the state of greed among investors.

4. Theta Network (THETA)

With a market capitalization of $2.8 billion and a price of $2.88, Theta Network has experienced significant appreciation in value. Just today it is up 1.24%, marking an impressive upward trend of 2.78% for the week and 53.02% for the month.

The Theta network is trading above its 200-day simple moving average, showing positive performance relative to the token sale price. This indicates a positive trajectory for network growth. Currently, the sentiment analysis for Theta’s price prediction is Neutral.

THETA price chart

The Fear Greed Index is at a level of 75, indicating the state of investor greed. Powered by a layer 1 blockchain, Theta Network is a decentralized infrastructure for video, AI, and entertainment applications. It operates as a “dual network” consisting of the Theta blockchain and the Theta Edge network.

Exciting news! We are looking forward to the upcoming Theta subchain launch. @grovewars web3 games and TNT-20 tokens GROVE https://t.co/gEKOThQ36S
— Theta Network (@Theta_Network) March 29, 2024

The Theta Proof-of-Stake blockchain provides payments, rewards, staking, and smart contract functionality. Meanwhile, edge networks handle computing, storage, and delivery of video streams, AI tasks, and other use cases such as scientific research, simulations, and financial modeling. Theta’s Web3 infrastructure empowers media companies by increasing revenue, enhancing user engagement, and fostering new Web3 business models.

5. Maker (MKR)

Maker is currently trading at $3,941.80 with a trading volume of $226.05M over the last 24 hours. The token price rose 5.32% during this period and surged 474% last year. In particular, it outperformed 85% of the top 100 cryptocurrencies during the same period, including Bitcoin and Ethereum.

Sentiment towards Maker’s price prediction is bullish, with a Fear and Greed index of 75 (greed). It is worth noting that current trading levels are close to cycle highs, indicating significant market activity. Maker maintains high liquidity based on market capitalization.

MKR price chart

Additionally, it is trading above its 200-day simple moving average and has experienced green days in 20 of the last 30 days. Recently, Maker deployed a 100 million DAI direct deposit module to Morpho Blue’s Spark’s sUSDe/DAI and USDe/DAI markets. This move aims to provide overcollateralized, scalable liquidity to users looking to increase their exposure to Ethena assets.

Maker will deploy a 100 million DAI direct deposit module on Morpho Blue’s Spark’s sUSDe/DAI and USDe/DAI markets, providing overcollateralized scalable liquidity for users interested in increasing exposure to Ethena assets.
Through @sparkdotfiWe have collaborated with… pic.twitter.com/AEZlUASGsT
— Maker (@MakerDAO) March 29, 2024

The collaboration between Maker, Spark, Morpho Labs, and Ethena Labs reflects the growing demand for advanced leverage solutions in the DeFi space. Additional liquidity growth is expected following the initial allocation of 100 million DAI.