Bitcoin has opened the new year continuing to trade sideways, falling 0.5% over the past 24 hours and trading at around $16.66K currently, close to the daily 20-day Exponential Moving Average resistance. The leading crypto is struggling to maintain a positive bias from the past couple of days with a steady increase in volume.
With the financial markets opening a new trading year, increased volatility, including in the cryptocurrency market, may be expected. As the cryptocurrency market enters the new year, investors are ready to put 2022 behind them as they closely watch for any potential shifts in market trends.
Whatever the short-term market noise, however, these are some top cryptos to buy today based on their strong fundamentals and/or technicals.
FightOut (FGHT)
FightOut is an upcoming move-to-earn platform and gym chain that will utilize smart technology to create individualized workout routines and track user performance to give ongoing feedback to users. They offer a holistic approach to fitness through their app, which rewards users with REPS tokens for completing set goals.
FightOut stands out from other M2E platforms due to its unique capacity for tracking any type of physical activity, not just steps. The move-to-earn platform rewards users with REPS tokens for completing set goals and encourages them to strive towards healthier lifestyles.
The project also plans to launch physical gyms in key locations around the globe, complete with Web3 integrated features such as ‘mirrors’ showing the digital fitness profile and sensors tracking workouts. Additionally, FightOut has partnered with renowned boxers and athletes who will provide masterclass workouts and one-of-a-kind events at their planned gym locations.
FightOut will revolutionize fitness tracking by connecting a user’s performance to their personalized avatar in real-time. This feature allows users to monitor and track their progress on strength, cardiovascular endurance, and more. FightOut also enables social competition through the app so users can compete and work together towards common goals. Additionally, when a user reaches their goals in reality–their character levels up, preparing it for possible fights between other players’ characters to earn rewards.
FightOut is set to launch its first physical gym location in Q4 2023. With a focus on providing customers with state-of-the-art equipment and services, the gym will feature various amenities including studios for rent, health bars, and a co-working area.
Investors have been captivated by FightOut’s innovative move-to-earn (M2E) app and fitness chain, already contributing nearly $2.5 million–an achievement that is certain to draw even more attention in 2023.
The project is backed by prestigious partners such as LBank Labs, Cryptonews.com, Transak, and BlockMedia Labs who are offering financial and operational assistance. With this support combined with FightOut’s innovative features that aim to revolutionize fitness tracking and its impressive presale bonus of up to 50%, this project looks very promising.
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Solana (SOL)
SOL, the native token of the Solana ecosystem, has seen significant gains over the past 24 hours, rising 15.68% and outperforming most other top 20 cryptocurrencies by market capitalization.
Technical indicators, such as the MACD exhibiting a bullish crossover and the daily RSI attempting to break the significant area of RSI 50, suggest that the SOL market is currently being controlled by bulls. If the bullish trend continues, SOL could potentially break the first major resistance level of $13, though it may face difficulty surpassing the second major resistance level of $14.90 without support from the broader cryptocurrency market.
Dash 2 Trade (D2T)
With the upcoming release of Dash 2 Trade in early 2023, many consider it to be a revolutionary development for crypto trading. It sets itself apart from its competitors with an extensive range of features and a supportive community that gives traders full visibility and control over their investments. In addition, Dash 2 Trade offers invaluable resources that help users evaluate projects properly so they can make informed decisions and maximize their returns on investment.
Not only will Dash 2 Trade’s platform bolster novice traders to make knowledgeable decisions, but it also offers more seasoned investors the opportunity to perfect their strategies and take advantage of automated trading utilizing exchange APIs. Plus, with its token presale scoring system, all users can rest easy that they are investing in some of the most promising tokens early on.
Dash 2 Trade is set to revolutionize cryptocurrency trading with its innovative analytics, real-time sentiment surveillance capabilities, and automated trading tools. Besides these advanced features, it has also attracted a strong community around the platform since they are the developers of Learn 2 Trade’s established international membership of more than 70,000 traders. Dash 2 Trade regularly seeks feedback from customers; thus, users can expect an outstanding continually improving interface when released.
With less than 3 days remaining and 6% of tokens still up for grabs, Dash 2 Trade’s presale is coming to an end. The team has already surpassed their development goals and will soon launch the public Dashboard in early 2023. Thanks to the success of this presale, they have secured $12.57 million and counting in funding, which should provide them with plenty of resources as they continue improving the platform.
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Lido DAO (LDO)
The price of Lido DAO has skyrocketed since entering the new year, with a 2.13% increase in the past 24 hours as of writing and a nearly 30% increase for the past three days. The altcoin’s growth has been driven by increased usage of the Lido DAO platform as a staking platform for Ethereum.
Lido takes the crow as DeFi’s top platform by TVL, surpassing Maker DAO. https://t.co/TqyEH5wzGc
— Cointelegraph (@Cointelegraph) January 2, 2023
As a result, Lido DAO has now overtaken MakerDAO as the largest decentralized finance (DeFi) platform in the cryptocurrency ecosystem in terms of total value locked in. Ethereum developers have also announced that stakers will be able to immediately withdraw their staked ETH in March, which is expected to further drive demand for Lido DAO and its LDO governance token.
LDO’s indicators indicate strong buying pressure, as the cryptocurrency’s price has been trading above the daily 100-day exponential moving average resistance at $1.244, though has currently fallen below it to trade at $1.23. If LDO is able to effectively break through the resistance range of $1.230 to $1.270, its next target will be the significant range of $1.447 to $1.490, representing a potential 13% increase.
C+Charge (CCHG)
Investors can easily join the effort to fight climate change with C+Charge’s public presale. This peer-to-peer payment and EV charger information system will give users access to carbon credits and make electric vehicle charging simpler, more convenient, and easier for EV drivers.
As the electric vehicle industry faces issues such as inadequate charging points, complicated pricing models, and lack of information, C+Charge Network is leveraging blockchain technology and EV charger network information to bridge the gap between autonomous charge points and electric vehicles. By doing so, they are able to help resolve these key obstacles in order for a more efficient system that allows drivers access to emissions-free travel.
Starting at $0.013 USDT per token, C+Charge’s presale is a discounted opportunity to snap up their available tokens before prices begin increasing over the course of the following three stages where they will eventually culminate at a price of $0.02350.
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