What Are the Best Cryptocurrencies to Buy Right Now?
Cryptocurrencies have been creating a buzz in the financial world and inspire various tokens created on decentralized networks. If you hope to delve into alternative cryptocurrencies, this article has those that have survived price fluctuations and showed promise.
Pyth Network (PYTH)
The Pyth Network has been focusing on its retrospective token airdrop and it entails the distribution of 100 million PYTH governance tokens among eligible dApps. The project was designed to target 167 decentralized applications that depend on the Oracle network. As of now, PYTH is doing well in the market as it has a 2.78% increase in the past 24 hours.
Smog (SMOG)
There is a new breed of tokens presenting an attractive appeal, such as the SMOG token. It adopts the slogan “No meme coin can survive the fiery flames of SMOG.” This token also boasts of being “forged in the celestial forge of Jupiter itself,” which hints at its incredible potential. In the future, SMOG intends to bring staking features and organize future airdrop campaigns. Investing in SMOG will require diligence, as the value proposition of this token may be untested.
Avalanche (AVAX)
Avalanche processes thousands of transactions per second without any scalability issues, making it a prospective challenger to Ethereum. Users have observed an increase in the number of transactions happening on the network, thus providing a good prediction for AVAX. Investors are advised to do extensive research on market sentiment to making wise investment decisions.
Meme Kombat (MK)
This blockchain-based project has raised a significant amount of money, generating interest among potential investors. Known as Meme Kombat, this project could bring a new platform with memes and gaming through blockchain technology. Beta testing is underway, providing a chance for users to test the software and give useful feedback.
NEAR Protocol (NEAR)
NEAR Protocol has embarked on a new journey through its ENO program which targets significant institutions and companies to further its goals. Developers have found NEAR Protocol more user-friendly than ever, and the token has seen a gradual price increase, indicating a bright future for potential investors.
Hot Take: The Verdict
NEAR Protocol, Avalanche, Pyth Network, Meme Kombat, and Smog are just a few of the cryptocurrencies to consider for your investment portfolio. All these are impressively contributing something positive to the space and will lead to further development if you consider adding them. Reach out to various platforms to find out more and get transaction data for the tokens.