Most cryptocurrencies were trading slightly lower on Thursday. This update will discuss a few of the best crypto to buy now. At the time of writing, the total market capitalization of all cryptocurrencies was $927 billion, down 0.7% from the previous day, according to CoinMarketCap data.
10 Best Cryptos to Buy Now
Let’s quickly look at the best crypto to buy today.
IMPT – Presale Crosses Over $5.5 Million
IMPT is a cutting-edge cryptocurrency project that aims to reshape the global carbon credits industry. The IMPT ecosystem facilitates the buying, selling, and trading of carbon credits by arranging them as NFTs on the Ethereum blockchain, which benefits all parties involved.
The ability of IMPT to facilitate the acquisition of carbon credits is its most appealing feature. Carbon credits can be purchased easily through regular shopping without the need for a time-consuming and complicated investment process. This is now possible thanks to IMPT’s relationships with thousands of top companies in retail, electronics, travel, and other industries.
CALLING #IMPT CREW
ANOTHER MILESTONE ACCOMPLISHED
$5.5 MILLION USD RAISED
Hurry Up! We Are Selling Out Faster Than Expected!
— IMPT.io (@IMPT_token) October 18, 2022
Ankr (ANKR) Up 11% in Seven Days
Ankr is a major global provider of Web3 infrastructure. It is a decentralized blockchain infrastructure provider that manages several nodes spread across over 50 Proof-of-Stake networks worldwide. Ankr announced on October 17 that it had become the first RPC (Remote Procedure Call) provider to Aptos, a secure and scalable Layer-1 blockchain.
Developers can now contact the Aptos Testnet’s Community and Premium RPCs, submit requests, and receive information returns identical to what they would get if they ran an Aptos full node independently.
Ankr RPC FAQ [part 1] pic.twitter.com/F9NZBknnv4
— Ankr (@ankr) October 19, 2022
As a result of this collaboration, Ankr is now an RPC supplier to 19 blockchains, including Ethereum, BNB Chain, Solana, Polygon, and Avalanche. Furthermore, various apps can communicate with the blockchain via RPC.
Currently, the price of Ankr is $0.030, and the coin is down over 5% in the last 24 hours. The coin has soared more than 11% in the previous seven days. The current ranking is number 101, with a live market cap of $323 million. It has a circulating supply of 9,662,899,378 coins and a maximum supply of 10,000,000,000 ANKR coins.
ANKR Price Chart – Source: Tradingview
ANKR is expected to find immediate support near $0.029, which is a 61.8% Fibonacci retracement level. On the upside, ANKR’s resistance is at $0.032. ANKR has recently formed a bullish engulfing candle, which may signal the start of an uptrend.
Huobi Token (HT)
Huobi Token is the cryptocurrency exchange Huobi Global’s native token. It is a decentralized digital asset built on the Ethereum network that is ERC-20 compatible. The reputation of the Huobi crypto exchange contributes to the value of HT, but there are other factors.
About Capital, a Hong Kong-based investment firm recently purchased the company stake that Huobi founder Leon Li previously held. Huobi was reported to be 60% owned by Leon Li. Following the acquisition of the controlling stake, Huobi will have a new strategic advisory board.
I am very honored to be appointed as a member of the Global Advisory Board of @HuobiGlobal and work with industry, academic, and policy leaders to help guide and grow this innovative, vibrant, and resilient organization in its latest chapter of global expansion. Full sail ahead. https://t.co/txZspJaV4Q
— H.E. Justin Sun (@justinsuntron) October 9, 2022
TRON creator Justin Sun stated on Twitter that there are plans for major moves related to HT, and he is a member of the advisory board. Although Sun has denied any involvement in such a deal, he has admitted to serving as Huobi’s advisor. It significantly increased the HT token’s price.
Huobi Token’s current live price is $7.64, and its 24-hour trading volume is $78 million. This price has increased by over 2% over the previous 24 hours. The current position is #44, and the market capitalization is $1.1 billion.
Huobi Price Chart – Source: Tradingview
As shown in the chart above, Huobi price is facing significant resistance near the $7.85 level, which previously served as a triple bottom support. Below $7.75, the HT/USDT has formed doji and spinning top candles, which are likely to weaken the upward trend and signal a bearish retracement.
On the downside, HT could reach $6.65 to complete a 38.2% Fibonacci retracement, while a further breakout could send it lower to $5.55, a 61.8% Fibo level. If the price falls below $7.85, investors may consider selling and vice versa.
Tamadoge (TAMA) is a cryptocurrency initiative in the Metaverse that allows users to purchase Tamadoge (TAMA) pets. Because they have been created as non-fungible tokens thanks to smart-contract technology, these virtual pets are one-of-a-kind creatures with distinct characteristics that can be traded (NFTs).
Tamadoge (TAMA), a trendy NFT project, has received a lot of attention since the release of its NFT collections. Although the ultra-rare NFT collection released on October 6 quickly sold out, making it the best NFT drop in 2022, investors now have another opportunity to get some Tamadoge NFTs thanks to the release of the rare Tamadoge pet collection on October 18.
All About #Tamadoge Rare NFTs – Update!
No. of NFTs: 1000 Rare NFTs
Start time: 15:00 UTC
Sale format: Dutch Auction on @Opensea
Starting price: 1 ETH below Ultra Rare floor price (5 ETH)
Reserve price: 0.5 ETH
Auction length: 48 hours ‼️
Don't Miss Out! pic.twitter.com/bZPd9OyMTI
— TAMADOGE (@Tamadogecoin) October 17, 2022
Tamadoge’s subsequent performance has disappointed its investors, despite a promising start. Tamadoge is currently trading at $0.0303 with a 24-hour trading volume of $3.2 million. TAMA has dropped below 8% in the last 24 hours.
Tamadoge is currently ranked #2710 on the market, with a market capitalization of not available. Given the current developments and available NFTs, we may see an increase in TAMA price.
Zilliqa is a permissionless public blockchain that can process thousands of transactions per second and is designed to provide high throughput. To address the issue of blockchain scalability and performance, it employs sharding as a second-layer scaling approach.
In a blog post, Zilliqa announced that the commission structures used by operators of Staked Seed Nodes (SSNs) throughout the Zilliqa ecosystem would change the following month.
On November 1, some SSNs will begin charging a 4% minimum commission fee. Several smaller SSN operators in the ecosystem, who rely on commission revenue to run their nodes and stay active on the network, have requested this change.
Zilliqa Price Chart – Source: Tradingview
The live Zilliqa price is $0.03011 and is down over 2 % in the last 24 hours. The current ranking is #80, with a live market cap of $421 million. On the technical side, Zilliqa is expected to find immediate support near $0.0299, double the bottom level.
On the upside, Zilliqa’s resistance is at $0.0312. The MACD and RSI support the downtrend; therefore, ZIL may trade bearish under $0.0299 and drive the selling trend and vice versa.
Polygon (MATIC) is a cryptocurrency and technological platform designed for connecting and developing Ethereum-compatible applications and blockchains. On the Polygon network, MATIC tokens control, protect, and pay transaction costs.
Polygon Technology announced a collaboration with HAECHI LABS, a prominent blockchain wallet startup, on October 17 to accelerate the transition of Web2 gaming companies and millions of internet users in Korea to the Web3 space.
As Polygon’s wallet partner, @usefacewallet by HAECHI LABS will enable 53K #dApps #onPolygon to provide Web2-like onboarding experience.
Face Wallet is a non-custodial, in-app, single sign-on wallet designed for users who are unfamiliar with decentralized services
— Polygon Studios (@polygonstudios) October 17, 2022
Polygon Studios COO Michael Blank responded to the announcement by saying that the collaboration will allow web2 users and gamers to use seamless services in several Polygon games and dApps. Polygon will also provide scalability and speed, while HAECHI LABS’ Face Wallet will provide a user-friendly interface.
MATIC will benefit from the collaboration and grow as a result of it.
MATIC Price Chart – Source: Tradingview
At the time of writing, the price of MATIC is $0.873 and is up over 3% in the last 24 hours. Currently, it ranks at #11, with a live market cap of $7.5 billion.
MATIC has violated a symmetrical triangle pattern and now it’s heading north toward the $0.940 level. A bullish breakout of $0.940 can expose MATIC toward the $1.061 level. Thus, investors are likely to look for a buying position over $0.816.
Hedera is the most well-known, robust, and enterprise-grade public network for the decentralized economy that helps people and organizations to develop robust decentralized apps (DApps).
On October 6, investment firm abrdn became the first buy-side finance and asset management business to join the Hedera Governing Council. Hedera is the technology of choice for this transformation in the opinion of abrdn because of its best-in-class energy efficiency, interest in solid governance, operational effectiveness, and environmental sustainability.
Furthermore, the Hedera portal now facilitates the creation of Hedera testnet accounts using ECDSA keys as part of upgrades to the platform. It takes one click to use these accounts with the most popular EVM ecosystem wallets and utilities.
These developments in the network are beneficial for the price of HBAR, and it might significantly increase in the future, making it the best crypto asset to invest in now.
HBAR Price Chart – Source: Tradingview
Hedera’s current price is $0.059, with a 24-hour trading volume of $37 million. In the last 24 hours, Hedera has dropped more than 3%. With a live market cap of $1.3 billion, CoinMarketCap currently ranks #38.
The HBAR/USD pair is trading bearishly below $0.064, an immediate resistance level extended by a downward trendline. HBAR is likely to find immediate support near $0.056 on the downside. The 50-day moving average is keeping the trend bearish, but triple-bottom support could spark a bullish reversal.
Maker (MKR) is a native ERC-20 token of the Maker Protocol. The Multi-Collateral Dai (MCD) system, also known as the maker protocol, is a DeFi project that allows users to leverage assets to create Dai. It is a decentralized cryptocurrency managed by the community that tracks the price of USD. It’s worth noting that whales are big fans of MKR.
MakerDAO was the most frequently used smart contract among the top 500 Ethereum whales over the last 24 hours. Furthermore, MKR has recently seen an increase in the total amount locked (TVL). The coin’s TVL increased after falling in recent months, reaching more than $7.7 billion at the time of writing. The value of MKR tokens will rise as a result of these developments.
MKR Price Chart – Source: Tradingview
The current Maker price is $1,077, and the 24-hour trading volume is $91 million. The maker is up 3% during the past 24 hours. With a live market cap of over $1 billion, the current ranking is #48. MKR is likely to find resistance at $1,157 or $1,299. While the support continues to stay near $1,001.
Curve DAO Token (CRV)
Curve DAO (CRV) is the utility token used by the Curve.fi DeFi system for exchanging stablecoins and other ERC-20 tokens. The Curve connects users looking to exchange stablecoins and ERC-20 tokens with exchange protocols.
According to a survey from Curve’s governance forums on October 12, the community overwhelmingly supported a proposal to allow rewards from the stablecoin swap application Curve on third-party apps. Furthermore, one of Curve’s pools offers depositors up to 4% yearly payouts.
According to skellet0r, a member of the Curve core team, the ability to add a rewards gauge without permission is a much-desired feature. The update removes the requirement for projects that want to offer CRV rewards to their customers to submit their requirements to Curve’s governance community. It will increase the CRV’s value.
CRV Price Chart – Source: Tradingview
The current price is $0.85, with a 24-hour trading volume of $78 million. Curve DAO Token has increased by nearly 3% in the last 24 hours. CRV is currently trading in a narrow range of $0.94 to $0.79, with a breakout of this choppy range determining its next movement.
Upon a breakout of $0.94, CRV may find the next resistance near the $1.04 level. While a break of support at $0.79 could push CRV down to $0.66.
Battle Infinity (IBAT)
Battle infinity is a multi-use case crypto platform that provides a play-to-earn (P2E) environment with in-game earning options. The War Arena is a gaming platform where the ecosystem supports many P2E battle games connected with the Metaverse universe.
Battle Infinity includes a staking function in addition to the different sports and NFT elements that make it one of the top gaming cryptocurrency currencies. On the cryptocurrency’s staking system, IBAT can be staked to generate 12% to 25% APY (Annual Percentage Yield).
The staking function has almost $5 million locked up as the available supply decreases. As a result, there may be a rise in demand for the token, which might result in higher price increases.
IBAT Total Value Locked (TVL) – Source: dapp.battleinfinity.io
The price of IBAT is $0.0031, with a 24-hour trading volume of $201K. Battle Infinity is down almost 6% in the last 24 hours, and the current ranking is #3240. However, because the total value locked indicates investor interest and commitment to the project, it has the potential to trigger uptrends.
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