The crypto market continues to struggle today, with Bitcoin and Ethereum dropping by 3.6% and 3.23%, respectively, despite a rebound in other risk assets like stocks.
The decline is at least partly linked to the uncertain future of Silvergate Capital Corporation, whose share price plummeted 49% after delaying its annual report to the Securities and Exchange Commission, prompting major crypto firms to sever ties with the bank.
As a result, over $235 million in liquidations were triggered in the past 24 hours, with Binance and OKX experiencing the most liquidations.
Bitcoin has seen a drop to around $22,356 today as of writing, while Ethereum has fallen to $1,568. The decline also impacted other digital currencies, such as Dogecoin, which slipped by 4.45%, Cardano, which is down by 1.75%, and XRP, which is down 2.22%.
According to Coinglass data, the dip in crypto prices resulted in liquidations of $235.41 million over the past 24 hours. Most liquidations were triggered by sharp price dips, with Binance and OKX experiencing the most liquidations at over $85.16 million and $75.22 million, respectively.
The cryptocurrency-focused bank, Silvergate, faces potential bankruptcy and an inability to repay its debts, prompting Coinbase, Circle, Paxos, and others to sever all ties with the bank.
In light of the recent slump in the crypto market, it’s crucial to consider fundamental and technical analyses when evaluating investment options. Based on such analyses, FGHT, CSPR, METRO, EOS, CCHG, and TARO are among the best crypto to buy today.
Step into the Ring with Fight Out’s M2E and Fantasy Betting Platform
Fight Out, an upcoming project that uses cutting-edge Web3 and move-to-earn (M2E) technology, is set to make inroads in the fitness app market this year.
The fitness industry has struggled with high rates of gym membership cancellations and lack of motivation in recent year, with half of new gym members quitting within six months, according to IHRSA.
The COVID-19 pandemic has only added to these challenges, with many gym-goers seeking alternative fitness services.
Fight Out has a unique solution to these problems. Users can engage with a fitness community both online and in person. Users create personalized NFT avatars that display fitness stats, get customized workout plans, and are motivated through both community and REPS token rewards.
The company plans to open its first gym equipped with Web3 technology in the fourth quarter of 2023, which will feature digital mirrors showcasing user profiles and sensors that monitor workouts for personalized advice.
In addition, Fight Out aims to lead the way in Web3 combat sports with its fantasy betting platform where users can profit from match betting against peers or strangers in avatar fights within the app.
Fight Out’s Metaverse platform will allow fans to compete against each other and top athletes, offering a comprehensive solution that goes beyond traditional fitness apps to offer multiple levels of motivation to level up and stay fit.
During the presale, investors can enjoy up to 63% in bonuses, with the FGHT token already raising over $5 million, indicating strong demand for the platform.
With its multifaceted approach, including M2E, media, masterclasses, and workout guides, Fight Out is poised to become a major player in the crypto market and is therefore considered one of the best cryptos to buy today.
Visit Fight Out Now
Casper Labs (CSPR)
Casper Labs, the blockchain software company that created CSPR, has been adding big-name partners.
SkyBridge Capital and the Al Maskari family’s holding company recently announced they will provide strategic support to Casper Labs, including business development, investor relations, and marketing services.
SkyBridge Capital, closely connected to the now-defunct crypto exchange FTX, has obtained permits enabling them to become a shareholder in Casper Labs.
CSPR’s price seems to have benefited from these partnerships with big-name firms.
The CSPR price has maintained its bullish momentum after closing yesterday’s candle with an 8.17% move. As of writing, the cryptocurrency is trading at $0.04436 with a 5.6% gain so far today despite the wider sell-off happening in the cryptocurrency market.
The CSPR token is currently making a strong attempt to surpass its multi-month high of $0.04600, which was achieved on February 7.
A successful break of this level could potentially drive prices all the way up to the resistance area of $0.04826 to $0.04968–a level last seen in October of last year.
However, if the breakout fails to materialize, support may be found at the trailing 20-day EMA of $0.03988, followed by the horizontal support area of $0.03457 to $0.03745, which coincides with the 50-day EMA.
Metropoly’s Real Estate NFTs Help Investors Buy Real Estate at “Fraction” of the Cost
Metropoly’s upcoming real estate NFT marketplace is set to transform the real estate investment industry. The platform offers investors an opportunity to invest in income-generating properties without the traditional barriers such as credit checks, high down payments, mortgages, or paperwork requirements.
Unlike traditional real estate investments, Metropoly’s NFT marketplace provides instant liquidity as well, allowing investors to sell their properties for 70% of the price immediately or go for an auction to get the highest bid.
The NFTs on the platform are backed by physical properties, with each NFT representing a fraction of the property.
Investors can enjoy passive income through automated rental payments, and Metropoly’s real-time analytics and data make managing investments more accessible for investors.
The platform’s low-barrier entry point of $100 makes it an attractive option for investors looking to diversify their investment portfolios.
With the platform’s beta version now live, investors can see the vision Metropoly has for the future.
The platform’s ongoing presale has raised over $587K already, with tokens being sold in nine price stages that will gradually see the price increase. Metropoly’s partnership with ChainAdoption, Tenset, and more than 20 crypto influencers has helped raise the platform’s profile, making METRO one of the best cryptos to buy today.
Visit Metropoly Now
EOS.IO (EOS)
The value of EOS, the primary digital asset of the EOS blockchain, has surged by more than 11% this week despite the market experiencing a widespread decline. As of writing, the EOS token is trading at $1.26, up by 3.72% so far today, outperforming most cryptos in the bearish market.
Recent news may be the reason for the recent price spike, as EOS has revealed the launch of its EVM, which is anticipated to be big for the Solidity developers’ work. The EOS EVM merges EOS’s speed with Ethereum’s familiarity and is slated to be launched on April 14.
According to Yves La Rose, the CEO of the EOS Foundation, EOS EVM’s mainnet beta will be released as version 0.4 that day, with updates and enhancements following in the weeks and months ahead.
Following a brief retest and bounce off the 20-day EMA at a price of $1.161 earlier today, the cryptocurrency is currently trading near its immediate resistance zone, which ranges from $1.272 to $1.312. A successful recapture of this level by EOS would pave the way for the EOS price to move up to next potential resistance area of $1.344 to $1.381. Meanwhile, the 50-day EMA appears to coincide with immediate support, which may be found in the price range of $1.098 to $1.108.
C+Charge: The Shockingly Smart EV Charging Solution is One of Best Cryptos to Buy Today
C+Charge is an EV charging app and platform that seeks to improve the charging and payment experience for electric vehicle (EV) owners.
The increasing adoption of EVs worldwide has led to a growing demand for alternative energy solutions that can match the rising demand. However, the current infrastructure is lacking, and C+Charge aims to address this issue.
C+Charge plans to work with existing charging stations while building new ones, enabling customers to pay with the CCHG token and find nearby charging stations quickly. The blockchain technology behind CCHG ensures transparent and efficient payment processing.
The platform’s app also offers real-time information on local charging options and vehicle diagnostics.
In addition to faster payments, EV owners using C+Charge will receive Goodness Native Tokens (GNT) as carbon credits. 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.
C+Charge’s app also provides EV drivers with a reliable way of finding stations that are operational and available for use, along with tracking carbon credits, providing 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 broaden access for EV drivers.
As climate change continues to be a pressing global concern, C+Charge’s platform aims to reduce the impact of carbon emissions and contribute to mitigating the impact of climate change.
C+Charge’s presale is divided into eight stages, with each stage lasting a week before the price raises further. The presale is now in stage 5, having raised over $2 million, with only 4 days remaining before the next stage.
Visit C+Charge Now
Building Your Dream World: RobotEra Unleashes Your Creativity
RobotEra, an upcoming metaverse gaming project, is about to add a twist to the world-building genre with its immersive sandbox-style gameplay. Players will have the freedom to create, explore, and trade within a metaverse that is entirely their own.
As robots in this new world, players will acquire resources, manage their own land, and create robot companions to help them on their journey.
The platform offers a shared world that connects players’ unique lands together, allowing for endless possibilities of theme parks, museums, concerts, and more. With cryptocurrencies and digital assets integrated into the game, RobotEra is paving the way for a new era of interactive and immersive gaming experiences.
RobotEra’s gameplay experience is unique and engaging, with players able to craft their own robot companions, each of which is an NFT that can be traded or leased. Players can also customize their land, which is also a unique NFT generated by the system.
The RobotEra Editor allows players to add custom touches to their creations with no coding skills required, enabling them to construct and customize their land and characters in any way they choose.
The presale for RobotEra’s TARO token is currently ongoing and is closing in on $1 million, but investors still have time to purchase one of the best cryptos to buy today before the presale enters stage 2 and prices increase.
Visit RobotEra Now
Credit: Source link
