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Top Cryptocurrencies to Invest in December 7 - THORChain, Stellar, Cardano

Top Cryptocurrencies to Invest in December 7 – THORChain, Stellar, Cardano

‘What is the best crypto to buy right now?’

If you’re an investor asking this common question, you’re in luck. In this article, we will explore a range of tokens to watch in the cryptocurrency market.

In the latest market updates, the total market capitalization of cryptocurrencies has reached $1.63 trillion, showing a 0.71% increase. However, the 24-hour trading volume has decreased by 7.00% to $269.35 billion.

Stellar (XLM)

Stellar has seen a significant 44% increase in its price over the last year, outperforming 62% of the top 100 crypto assets. Its current trading position above the 200-day moving average indicates positive momentum. XLM has shown a positive trend in the past 30 days, with 17 green days making up 57% of the observed period. Stellar’s bullish sentiment is supported by a Fear & Greed Index reading of 72 (Greed). With high liquidity and a market capitalization, Stellar is ranked 15th in the Layer 1 sector.

ORDI (ORDI)

ORDI has demonstrated notable market dynamics with an all-time high of $69.31 and a bullish market sentiment. With a circulating supply of 21.00 million ORDI and trading above the 200-day moving average, ORDI shows a sustained positive trend. The cryptocurrency has experienced 15 green days in the last 30 days, constituting 50% of the observed period. ORDI holds the top position in the Bitcoin (BRC20) Tokens sector based on market capitalization.

THORChain (RUNE)

THORChain has experienced a notable 367% increase in its price over the past year, outperforming 95% of the top 100 crypto assets. It trades above the 200-day moving average, indicating positive momentum. THORChain achieved its peak value on May 19, 2021, at $20.98. With a circulating supply of 337.78M out of a maximum supply of 500.00M, THOR

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Top Cryptocurrencies to Invest in December 7 - THORChain, Stellar, Cardano