Top Cryptocurrencies for Purchase in November 19 – MultiversX, Conflux, The Graph

Top Cryptocurrencies for Purchase in November 19 – MultiversX, Conflux, The Graph

“Best Crypto to Buy Now” is among the most searched cryptocurrency-related terms in Google, and each day InsideBitcoins lists some options. The global cryptocurrency market cap currently stands at $1.39 trillion, reflecting a minor increase of 0.20% within the last day, but with a notable 23.87% decrease in trading volumes. This implies a relatively stable market cap with a considerable shift in trading volumes, particularly with a notable contribution from stable coins and significant involvement of DeFi, and a marginal decline in Bitcoin’s dominance, hinting at potential diversification within the cryptocurrency landscape.

MultiversX (EGLD)

MultiversX has established a collaborative venture with Google Cloud, integrating the BigQuery data warehouse into the Web3 ecosystem. This aims to bolster data analytics for Web3 projects, providing insights into addresses, transaction amounts, smart contract interactions, and on-chain analytics. The partnership will streamline the execution of large-scale blockchain projects by providing developers convenient access to essential data. There’s also the xWorlds Developer Kit, a suite of tools enabling creators to craft augmented reality experiences.

Conflux (CFX)

Conflux Network marks a 424% increase in its price over the past year, placing it in the top 4% of the top 100 crypto assets. The price currently stands at $0.154626, with a 24-hour trading volume of $22.46 million and a market cap of $534.50 million. The Fear & Greed Index level is 66, signifying greed in market sentiment. CFX also has a circulating supply of 3.46 billion out of a maximum supply of 5.28 billion, with a 65.33% yearly supply inflation rate.

The Graph (GRT)

The Graph has seen a 123% increase in value over the past year, placing it among the top 84% of the top 100 crypto assets. Currently at $0.130964, with a market cap of $1.22 billion and a trading volume of $93.23 million, GRT is driven by a bullish sentiment with a Fear & Greed Index rating of 66. It has a circulating supply of 9.31 billion GRT out of a maximum supply of 10.06 billion with a 34.97% yearly supply inflation rate.

Chainlink (LINK)

Chainlink has seen a 133% increase in its price over the past year, surpassing 86% of the top 100 crypto assets. At $14.20, it has a trading volume of $1.20 billion and a market capitalization of $7.91 billion. It maintains a position above the 200-day simple moving average and has a Fear & Greed Index 66, reflecting a moderate level of greed in market sentiment.

Bitcoin ETF Token (BTCETF)

The Bitcoin ETF Token (BTCETF) has emerged with a focus on the potential approval of a Bitcoin Exchange-Traded Fund (ETF).

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Hot Take: Best Cryptos for Today
All the cryptos mentioned show great potential in their respective fields, making them strong contenders for investment given current market conditions. Keep a close eye on these as they continue to grow and evolve in the cryptocurrency landscape.

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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.