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Top 3 Cryptocurrencies to Invest in January 17 – KuCoin Token, Arweave, Maker

Top 3 Cryptocurrencies to Invest in January 17 – KuCoin Token, Arweave, Maker

InsideBitcoins brings you the best cryptocurrencies you can buy now, covering their recent price performance. If you want to invest in crypto, you want tokens that have growth potential. We look at certain tokens, such as KuCoin Token, Arweave, and Maker, to find out why they are standing out and what makes them favorable options in the cryptocurrency market.

Best Crypto to Buy Now

KuCoin Token (KCS)

KuCoin Labs’ partnership with ETGM positions KuCoin Token to innovate and improve the crypto market, as seen in its recent price increase of 29%, trading above the 200-day simple moving average. Plus, it’s a highly liquid token, actively traded on the exchange.

Arweave (AR) 

Arweave, trading above the 200-day simple moving average and with a bullish outlook, signals a favorable market sentiment and is ranked highly in the market capitalization, all pointing to strong potential for the token.

Arbitrum (ARB)

Arbitrum, a top layer-2 network in the DeFi category, is attracting interest and seeing a 5.20% weekly increase in trading volume. Its trading performance above the 200-day simple moving average and significant liquidity contribute to its strong position in the market.

Maker (MKR) 

Maker has started the year strong with an acquisition of 32,759 MKR tokens, worth around $66.66 million, showing a bullish trajectory supported by its performance, including trading above the 200-day simple moving average and having a negative inflation rate, implying a decreasing token supply.

Meme Kombat (MK)

Finally, Meme Kombat has funding from major investors and has already sold 76% of its total coin supply, inviting potential investors to stake $MK and earn a competitive APY of 184%, indicating a strong investment opportunity.

Hot Take

There’s plenty to love in the crypto market right now, from established to upcoming tokens. With the tremendous potential for growth and investment returns, you might find a gem to add to your crypto portfolio for 2024.

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Top 3 Cryptocurrencies to Invest in January 17 – KuCoin Token, Arweave, Maker