Best Cryptocurrencies to Invest in Now
Crypto traders are always on the hunt for the best cryptocurrencies to buy on any given day – we list some high potential coins in this post.
Competition among digital asset exchanges is fierce, with numerous platforms competing for dominance. Choosing the most suitable cryptocurrencies for investment can be challenging, as many platforms offer similar features, trading pairs, and security measures. However, this article highlights the best cryptocurrencies for investment, aiming to assist investors in selecting the most promising tokens for potential returns.
1. Bitget Token (BGB)
Bitget Token (BGB) is the utility token for Bitget, a centralized crypto exchange. Rolled out in July 2021, the BGB token aims to facilitate transactions within the Bitget ecosystem. Traders use BGB for staking, social trading, and getting discounts on fees. Additionally, BGB holders can engage in Bitget’s launchpad and launchpool activities.
BGB offers perks such as discounted trading fees of up to 20%, exclusive rewards, and access to promotions for Bitget users. Through the flagship product Copy Trade, BGB holders can participate in profit-sharing endeavors. Moreover, BGB holders enjoy early access to projects on the launchpad and the opportunity to stake and receive tokens from the launchpool.
Recently, Bitget Wallet announced support for ARC-20 inscriptions and integration with the Bitcoin Lightning Network in its latest version. This move enhances the platform’s support for the broader Bitcoin ecosystem. Bitget Wallet prioritizes a seamless mobile experience, allowing users to access inscription products conveniently. The focus on Bitcoin Layer 2 solutions like the Lightning Network reflects the platform’s commitment to staying at the forefront of technological advancements.
2. eTukTuk (TUK)
eTukTuk is a novel AI-powered transportation solution that aims to revolutionize travel infrastructure, particularly in developing countries and eventually globally. The project introduces the TUK token, anticipating growth upon listing on exchanges later this year. The platform emphasizes eco-friendly transportation and the development of charging infrastructure powered by blockchain technology.
Additionally, eTukTuk offers a unique gaming experience where users can earn rewards by playing a game that simulates the experience of driving their flagship vehicle on the streets of Sri Lanka. This play-to-earn concept, reminiscent of the popular game Crazy Taxi, adds an engaging element to the project.
Moreover, eTukTuk has received significant attention from investors, having raised $938,092.84 from its presale, nearing its initial target of $1,002,904. The current token price stands at $0.0265, with a nine-day window before the next stage of development. eTukTuk presents an ambitious vision for sustainable transportation and blockchain integration, backed by tangible progress and investor interest.
3. Xai (XAI)
Xai (XAI) is a cryptocurrency designed specifically for the gaming community, utilizing the Arbitrum layer-2 platform. Its main goal is simplifying in-game item trading while keeping transaction fees low. Moreover, its decentralized governance model empowers gamers to influence the Xai (XAI) network’s development.
Furthermore, Xai aims to create real economies within video games, enabling traditional gamers to easily own and trade valuable in-game items without the hassle of dealing with complicated cryptocurrency wallets. By operating a node within the Xai network, participants can earn rewards and actively participate in governance decisions.
Moreover, Xai announced an upcoming airdrop on its X platform. The airdrop will reward Sentry Node Key holders coinciding with the Lunar New Year celebrations. Participants can receive 88 XAI tokens for the first Sentry Node Key they hold. Furthermore, participants will earn 8 XAI tokens for each additional Key, provided they have completed KYC and tweeted about XAI.
4. BNB (BNB)
BNB is the native token for the Binance exchange. Founded to revolutionize global finance with digital assets, Binance has become the largest cryptocurrency exchange globally, boasting high daily trading volumes. Since its inception in 2017, BNB has expanded its offerings beyond traditional exchange services.
It aims to become a comprehensive infrastructure provider for the blockchain ecosystem. Furthermore, BNB’s value surged notably in early 2021, attracting attention from institutional investors. This growth trajectory underscores its significance in the crypto market.
5. Oasis Network (ROSE)
Oasis Network has recently seen a surge in market activity following the launch of illumineX, a pioneering decentralized exchange (DEX) built on the network. illumineX promises users a unique DeFi experience by prioritizing privacy and security, leveraging Oasis Sapphire’s smart protocols. The introduction of confidential and MEV-resistant token swaps marks a significant advancement in making private DEX platforms safer and more functional.
Following thorough security preparations and audits, illumineX is now moving forward with subsequent phases of its mainnet launch. Phase 2 focuses on enabling swap functionalities. This phase is running from February 3 to 4. Subsequently, Phase 3 will mark the full mainnet launch, culminating in an illumineX token generation event and airdrop.
Furthermore, the deployment of illumineX mainnet has made it possible to bridge funds from EVM networks to Oasis effortlessly. As a result of these developments, the ROSE token has seen an upward trend in its market value. Currently priced at $0.1175, ROSE is trading above its 200-day simple moving average, indicating positive market sentiment.
Hot Take: Closing Notes
In recent crypto news, the United Nations (UN) has initiated an investigation into North Korea’s suspected misuse of cryptocurrency, specifically focusing on hacking groups allegedly associated with the nation.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.