Santiment’s report on the cryptocurrency market showed that while February had a promising start, it eventually became uneventful, lacking any notable developments. As March begins, the cryptocurrency market faces a critical Q1 close, creating uncertainty about its direction. With this backdrop, what are the best cryptos to buy today?
Bitcoin has been struggling to surpass the $25,000 threshold and has been hovering slightly above the 20-day EMA at $23,690 as of writing. Although it briefly recovered in late February, BTC experienced a bearish trend for most of the month, leading many investors to predict a potential pullback to $21,000.
Santiment also noted the decreasing circulation of Bitcoin and its whale movement. The number of Bitcoin whales, defined as unique entities controlling 1,000 BTC or more, has hit a three-year low, dropping to just 1,663 from its peak of 2,161 in February 2021. These whales have yet to return to the market with prices still 65% lower than all-time highs.
When selecting the best cryptocurrency to invest in either a bull, bear, or neutral market, it’s crucial to evaluate both the fundamentals and technicals of projects. At present, cryptocurrencies such as FGHT, AGIX, METRO, IMX, CCHG, and RIA are some of the best crypto to buy today based on such analysis.
Fight Out to Pack a Punch in M2E Scene
Fight Out, the latest Move-to-Earn project is launching later this year and is poised to make a significant impact in the fitness app market with its cutting-edge Web3 and move-to-earn (M2E) technology.
The fitness app industry faces significant challenges, with high dropout rates and lack of motivation leading to half of new gym members quitting within six months, according to IHRSA. The COVID-19 pandemic has further complicated matters, with gym closures forcing numerous customers to seek fitness services elsewhere.
Fight Out has the perfect solution to these challenges, providing users with personalized NFT avatars that display fitness stats, tailored workout plans, and motivation through REPS token rewards that can be exchanged for gym memberships, merchandise, and app subscriptions. The company plans to launch its first gym equipped with Web3 technology in Q4 2023, providing digital mirrors showcasing user profiles and sensors monitoring workouts for personalized advice.
The company is set to become the leading player in Web3 combat sports with its fantasy betting platform, allowing users to create their own fantasy fight lineups and profit from match betting against peers or strangers.
In addition, Fight Out’s Metaverse platform will enable fans to compete with each other and the sports’ leading athletes, providing an all-encompassing solution that transcends traditional fitness apps.
During the presale, investors can benefit from up to 63% bonuses, with the FGHT token already raising nearly $4.8 million, indicating the platform’s popularity. The platform’s multi-faceted approach, which includes M2E, media, masterclasses, and workout guides, will ensure it remains a top pick in the crypto market and earns it a spot as one of the best cryptos to buy today.
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SingularityNet (AGIX)
The field of Artificial Intelligence (AI) has seen an upsurge in popularity for cryptocurrencies, with SingularityNET’s AGIX being at the forefront.
Elon Musk’s recent interest in AGIX has fueled a lot of speculation and has potentially contributed to the token’s recent bullish run. The Tesla co-founder’s interest in finding alternative solutions to ChatGPT has been a boon for the AI-related crypto sector, and his hiring of former Google DeepMind researcher Igor Babusckin suggests a renewed focus on AI. Given AGIX’s track record of merging blockchain and AI technology, there is a lot of buzz around its prospects.
AGIX has been on a consistent upward trend since the start of the year, and its current technical analysis points to a continued bullish sentiment in the foreseeable future. The token’s market capitalization has surged, and it currently holds the 84th position, reflecting an eightfold increase in value since January 1. Ethereum’s largest whales have also shown interest in AGIX, making it one of the top 10 tokens attracting attention.
Plotting a Fibonacci retracement level in its most recent swing reveals that AGIX has been trading in a range between Fib 0.382 to Fib 0.618 for the majority of February. With yesterday’s 11.10% move, AGIX’s price has finally broken out from the range.
As of writing, AGIX is trading at $0.5382 with a 5.71% gain so far for the day as it attempts to break out from Fib 0.786. One possible target for AGIX is $0.6678, a high it set on February 8, followed by the extended Fib 1.272 at $0.80. As the AI crypto industry continues to evolve and attract attention, AGIX’s upward trend may very well continue.
Invest in Real Estate for a “Fraction” of the Cost with Metropoly’s NFTs
Metropoly, a decentralized real estate investment platform, is set to launch an NFT marketplace for fractional ownership of income-generating properties. Unlike traditional real estate investing, Metropoly’s marketplace offers instant liquidity, no credit checks, and a low barrier to entry with investments starting as low as $100.
Investors can also earn passive income through automated rental payments, while real-time analytics and data provided by Metropoly make managing investments easier. The NFTs on the platform will be backed by physical properties, and each NFT represents a portion of the property.
Metropoly has raised over $580,000 in its presale, and tokens will be sold in nine increasing price stages, making it a great opportunity for investors to get in before the price increases.
Metropoly’s platform is a game-changer for the real estate industry, offering a tangible asset class that is accessible to everyone, generates cashflow, and is a hedge against inflation. The company aims to revolutionize the real estate market, and with its innovative approach and first mover advantage, it could corner a monopoly in online real estate investments.
While Metropoly faces competition from various investment opportunities in the crypto and real estate space, it stands out with its unique offering of an NFT marketplace backed by real-world properties.
Metropoly’s beta version of the marketplace is now live, and investors can use the METRO utility token, which has been successfully audited by CertiK and Solidproof, as a payment and reward method on the platform. With strategic partnerships with over 20 crypto influencers, DTC Group, Chainadoption, and Tenset, Metropoly is well-positioned to disrupt the real estate industry, making it one of the best cryptos to buy today.
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ImmutableX (IMX)
Immutable X (IMX) has experienced a surge in demand for its non-fungible tokens (NFTs) in the month of February, resulting in a multi-month high of $1.29, up 240% from its lowest point in December. This increase in demand can be attributed to the platform’s partnership with Illuvium, a leading metaverse project. The volume of NFTs in the Immutable X ecosystem has also risen sharply, with CryptoSlam reporting a trading volume of $20 million in February alone.
Illuvium is set to launch its Genesis Collection of Illuvium: Beyond NFT collection on March 7, with more than 150 unique Illuvials available for purchase and trade. These NFTs were created by industry-leading artists and will be powered by Immutable X.
Illuvium is a platform with thousands of gamers worldwide, and its NFTs are built on the Ethereum blockchain, with zk-rollup scaling infrastructure provided by Immutable X to boost processing speeds and reduce operating costs.
IMX’s daily chart reveals a strong bullish trend in recent weeks, with support at $0.931 to $0.966. After closing yesterday with a 9.31% gain in value, the cryptocurrency currently stands at $1.05 with a loss of 2.2% so far today.
Buyers may be waiting for the launch of Illuvium’s NFT collection, potentially driving IMX to retest the resistance point at $1.290, up 21% from its current level.
C+Charge Charges Ahead with Sustainable Charging Solutions
C+Charge is an innovative blockchain-based peer-to-peer payment platform for EV charging that aims to improve the charging and payment experience for electric vehicle (EV) owners worldwide. With the rise of EV adoption, charging solutions that can match the growing demand are crucial, but current infrastructure and apps fall short. C+Charge’s novel platform has the potential to address this issue.
The company plans to collaborate with existing charging stations while building new ones, allowing customers to find nearby charging stations quickly and pay with the CCHG token. The blockchain technology behind CCHG ensures efficient and transparent payment processing. The platform’s app also provides real-time information on local charging options and vehicle diagnostics.
C+Charge also offers Goodness Native Tokens (GNT) to EV owners as carbon credits, which represent verified voluntary carbon credits and can be traded on the app. These tokens are supported by major venture capital firms such as a16z Crypto and Invesco.
Through its partnership with Flowcarbon, C+Charge enables EV owners to earn carbon credits in the form of GNT every time they charge. The platform provides a universal, easy-to-access payment system that doesn’t require network managers to install expensive Point of Sale equipment. Drivers can simply use the CCHG token to pay, providing fleet managers with a way of monitoring and fixing issues with particular payment stations.
In addition to streamlining payments across EV charging networks, C+Charge’s app provides EV drivers with a way of reliably finding stations that are up and running with no problems, as well as tracking carbon credits, seamless payment for multiple platform integration options, and geolocated easy-access charging stations.
The carbon credits industry is expected to be worth $2.4 trillion by 2027, and C+Charge’s platform is poised to open up access to EV drivers. With climate change mitigation being a necessary investment theme for the foreseeable future, C+Charge is a future-proof use case for blockchain technology. The company has already secured its first international partner, Perfect Solutions Turkey, adding 20% of the EV chargers in the country to the network.
C+Charge’s presale is divided into eight stages, with each stage lasting one week. The first phase has raised nearly $2 million, and the next price increase is only six days away.
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Calvaria (RIA) Nears Launch as One of Best Cryptos to Buy Today
Calvaria: Duels of Eternity is set to launch as the latest blockchain battle card game. Offering gamers the chance to compete in strategic tournaments with a range of unique characters, each with its own strengths and weaknesses, the game stands out from the rest with its commitment to decentralization. This means that players truly own their in-game resources and assets, with the freedom to buy, sell, and trade them as they please.
Calvaria eliminates barriers to entry by not requiring players to make any financial commitments or possess a high level of technical knowledge. Upon entering the game, players are provided with free NFTs to start building their decks. For those who wish to up the ante, they can choose to wager RIA tokens when battling other players.
At the heart of the Calvaria ecosystem is the $RIA token, which serves as the main currency of the game’s entire economy. A total of 10% of every purchase made will go to the staking pool to maintain the economic stability of the system, while the remainder will go to the prize pool.
Calvaria: Duels of Eternity promises to revolutionize the world of digital gaming with its use of blockchain technology. The game provides a new level of value and engagement for players, offering real ownership of game resources and cutting-edge technology that sets it apart from all other games in its class.
Those wishing to take a position in RIA can do so on BKex, LBank, and Uniswap exchanges now.
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