The term “Best crypto to buy now” is highly searched on Google by cryptocurrency enthusiasts. In the latest update from the cryptocurrency market, the total market capitalization sits at $1.66 trillion, with a slight dip of 0.71% over the past 24 hours. The 24-hour trading volume for cryptocurrencies has contracted by -7.60%, settling at $203.83 billion.
Best Crypto to Buy Now
Within the decentralized finance (DeFi) sector, trading activity accounted for $7.05 billion, representing 14.05% of the total cryptocurrency market volume. Stablecoins also played a significant role, with a 24-hour volume of $43.36 billion, constituting an 86.45% share of the total market volume.
1. Aptos (APT)
Aptos has seen a significant 70% increase in price over the past year and is currently trading above its 200-day simple moving average. The asset’s liquidity remains strong, supported by its substantial market cap. The prevailing sentiment regarding APT’s price prediction is bullish, with a Fear & Greed Index reading of 74 (Greed).
2. KuCoin Token (KCS)
KuCoin Token (KCS) has demonstrated noteworthy growth, with a 47% increase in price. It peaked on December 1, 2021, reaching an all-time high of $28.79. KCS is currently trading above the 200-day simple moving average, indicating positive market momentum.
3. Cronos (CRO)
Cronos has experienced a notable 62% price increase over the past year and is currently trading above the 200-day simple moving average. The prevailing sentiment is bullish, with a Fear & Greed Index reading of 74 (Greed).
4. Bitcoin ETF Token (BTCETF)
The Bitcoin ETF Token (BTCETF) attracts investor attention for its strategy focused on the potential approval of a Bitcoin Exchange-Traded Fund (ETF). The approval of a Bitcoin ETF has the potential to increase the value of Bitcoin by 1-3 times its current price. BTCETF Token offers the opportunity for higher returns given its comparatively smaller market capitalization.
5. Injective (INJ)
Injective has undergone an impressive 1,029% increase in price over the past year, outperforming 97% of the top 100 crypto assets. It is currently trading above the 200-day simple moving average and has shown strong performance compared to its token sale price.
Hot Take: The Best Cryptocurrencies to Buy Now
When looking for the best cryptocurrencies to buy now, consider Aptos (APT),