Best Cryptocurrencies You Can Buy Now December 23 – Sei, Optimism, Meme Kombat

adminDecember 24, 2023

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we are best cryptocurrency If you buy it now, it might be worth adding to your watchlist for the next few days.

Exploring the cryptocurrency space and finding the best investment options is an ongoing pursuit for many investors. As of December 23rd, several cryptocurrencies including Sei, Optimism, and Meme Kombat have created quite a buzz. We will investigate why these cryptocurrencies are gaining popularity and examine their recent performance to understand why they are the best cryptocurrencies to buy right now.

Best Cryptocurrencies to Buy Now

Representatives from seven companies seeking approval for launch exchange traded fund (ETF) met with U.S. Securities and Exchange Commission (SEC) officials. The SEC directed at least two companies to submit final revisions to their proposals by the end of the week, according to the memo.

Cryptocurrency Heatmap

Representatives from ARK Investments and 21 Shares also participated in the discussion. The SEC is expected to decide on ARK’s joint offering of 21 shares by January 10. Market participants anticipate that the SEC could approve multiple applications simultaneously within a few days of the above deadline. These deliberations mark a pivotal moment for the potential integration of spot Bitcoin ETFs into the market.

1. Graph (GRT)

In recent news, Graph Network has added support for Optimism, allowing developers to create DApp front-ends using subgraphs of the network. The network also enabled indexing rewards for Optimism subgraphs and substream-based subgraphs.

GRT price chart

As a result, GRT has seen a positive trend in market performance. Additionally, The Graph’s price sentiment is bullish, with a Fear and Greed Index of 70 (Greed). Over the past year, the price of GRT has risen 206%, outperforming 80% of the top 100 cryptocurrency assets.

📣 The following support has been added to Graph Network: @optimism 🔴
Built on Optimism, any developer can now easily create fast, unstoppable, highly performant Dapp frontends served as subgraphs of a decentralized network 💪
📄 Need help getting started with subgraphs? Access the subgraph documentation here:… pic.twitter.com/Jlg1QXb2ZZ
— Graph (@graphprotocol) December 20, 2023

Technically, The Graph is trading above its 200-day simple moving average, indicating a positive trend. The performance relative to the initial sales price is also noteworthy. Recent trends show that GRT has experienced 16 green days in the last 30 days, accounting for 53% of these days.

Moreover, high liquidity reflected in the market capitalization enhances the market position. The Graph ranks 13th in the Ethereum (ERC20) token category and 2nd in the AI cryptocurrency category. These developments highlight the project’s ongoing efforts to establish a strong presence in the decentralized application ecosystem.

2. Polygon (MATIC)

Polygon CDK is collaborating with HyperOracle to bring more possibilities to decentralized apps (dApps). This collaboration means developers can create super smart dApps with added security without relying on trust.

MATIC price chart

Polygon CDK is also helping projects like OKX and Gnosis Pay build on Ethereum. With zkOracle on board, we can expect even more exciting uses for this technology. HyperOracle will also be part of the team working on the new zkWASM-based backend, making operations run more smoothly.

Polygon Miden’s transactions may be understood as facilitating a change in account status. Basically, this state change takes a single account and some notes as input and outputs the same account in the new state and other notes.
In Miden, tx is related to only one account. pic.twitter.com/eoULauUDIw
— Polygon (@0xPolygon) December 7, 2023

This news had a positive impact on Polygon’s price, which rose 0.24% over the past day. The token is trading above its 200-day simple moving average, showing positive performance. Last month, there were 17 green days, accounting for 57% of the total time.

This means that Polygon is in high demand and highly liquid, which is always a plus. Currently, out of the maximum 10 billion MATIC, there are 8.01 billion MATIC in circulation.

3. Meme Combat (MK)

combat memes They are entering the cryptocurrency scene and making waves as the best cryptocurrency you can buy right now. An ongoing pre-sale has garnered early interest, raising $4,271,993.62 of its $5,000,000.00 goal. MK’s gaming platform is built for enthusiasts and offers a mix of staking and betting for users to earn rewards.

Raised $4.2 million this year $MK Reservation ✌
5 million is just around the corner. pic.twitter.com/Is1jH00vW0
— Meme Kombat (@Meme_Kombat) December 22, 2023

Currently, 50% of MK tokens are being sold in the presale at $0.257 each, capped at $10 million. This dual approach of staking and betting aims to make MK tokens more useful to users. There is a period of 5 days before the price rises to $0.268.

combat memes We also plan to list the token on a decentralized exchange. They have set aside 10% of the total supply to ensure smooth transactions, emphasizing their commitment to decentralized MK token trading as outlined in the white paper.

4. Optimism (OP)

Optimism has experienced a significant price surge, rising 13.62% in the last 24 hours. This surge is consistent with the bullish sentiment in the price forecast, with a fear and greed index of 70 (greed). Over the past year, Optimism’s price has surged 236%, outperforming 81% of other top cryptocurrencies.

In particular, it outperformed larger players such as Bitcoin and Ethereum. Currently, 214.75 million OP coins are in circulation out of a total of 4.29 billion OP. Bullish trades above the 200-day simple moving average, a key technical indicator that indicates overall trend and momentum. Despite the competitive nature of the cryptocurrency market, Optimism has maintained the 5th largest position in the layer 2 segment.

ON price chart

Additionally, it has demonstrated significant liquidity based on its market capitalization. Looking at recent trends, Optimism has had 15 positive days out of the last 30, accounting for half of the observation period. This consistent performance adds to Optimism’s appeal, making it the best cryptocurrency you can buy right now.

5. SIX

Sei’s recent price increase is due to its collaboration with KudasaiJP, which aims to strengthen Sei’s presence in Japan. The Sei Foundation is strengthening Japan’s web3 ecosystem by supporting KudasaiJP’s expansion into DeFi, NFTs, and GameFi.

The Sei Foundation promotes the growth of Sei through education, funding, and developer support in the Sei ecosystem. Our collaboration with KudasaiJP is a joint effort to grow the community and make meaningful contributions to the web3 scene in Japan.

SEI price chart

One interesting move in this partnership is KudasaiJP’s plan to set up an NFT gated child DAO on the Sei Network. The move aims to promote the development of a decentralized web3 community in Japan.

Looking at each market, SEI’s Fear & Greed Index is 70, showing a greedy sentiment. Over the past 30 days, Sei has had positive performance for 15 days, accounting for 50% of those days. With 2.3 billion SEIs out of 10 billion in circulation, Sei ranks 15th among proof-of-stake coins. It is also ranked 41st in the Layer 1 category, solidifying its position in the broader cryptocurrency landscape.

In summary, the Sei-KudasaiJP partnership is a strategic move for web3 growth in Japan. While current indicators and partnerships look good, it is wise for investors to always stay informed about this ever-evolving sector.