Friday was a quiet day on cryptocurrency markets worldwide, as investors seemed to enjoy the Christmas break. Analysts say that the Federal Reserve’s quick rate hikes in 2022 to stop the US inflation from getting too hot were the main cause of the crypto bear market in 2022.
On December 23, major cryptocurrencies traded mixed after the global crypto market cap stayed practically steady at $810.53 billion over the previous day. Over the last 24 hours, the entire crypto market volume increased by 12.46 percent to $28.94 billion.
The total amount of DeFi traded was $1.63 billion, which is 5.64 percent of the total amount of crypto trading in 24 hours. The total volume of all stablecoins was $26.33 billion, which was 90.97% of the total volume of the cryptocurrency market in 24 hours.
Best Crypto to Buy Today 23 December
Given the slowdown in the cryptocurrency market, investors may be looking for alternatives that can offer faster returns. Here is a list of cryptocurrencies to examine for December 23rd.
FightOut (FGHT)
Early success stories like STEPN have severe constraints that have kept them from reaching the mainstream, despite the fact that the relatively new move-to-earn crypto niche has shown a lot of promise.
In 2023, though, FightOut, which bills itself as “the future of move-to-earn,” plans to alter that. Using a revolutionary fitness metaverse, FightOut is a brand new web3 fitness software and gym chain that pays users for working out, completing challenges, and competing against one another.
FightOut is a one-of-a-kind fitness app and physical gym chain that promises to disrupt the move-to-earn (M2E) market. The network will fix problems with programs like STEPN, which only counts steps and has been criticized for its expensive NFTs and reward system, which needs to use more NFTs to give people more reasons to move.
Don’t miss the @FightOut_ Presale!
FightOut is building a Move-to-Earn platform and high-end gym chain that rewards users for completing workouts, whether in the gym or at home in their living room!
Join the presale and get up to 50% bonuses! ⬇️https://t.co/dMgfKQOFQB pic.twitter.com/2ob5MCxVTy
— Gino Assereto (@GinoAssereto) December 21, 2022
More specifically, the company is pioneering a “move to earn” model in which one’s exercises are recorded and tracked in real-time, with the user eligible for FGHT token incentives. So far, the presale has been a huge success, attracting a lot of interest from the local community.
Axie Infinity (AXS)
The Axie Infinity token (AXS), used in the player-to-player (P2P) non-fungible token battle game Axie Infinity, has found support at an uptrend, which may pave the way for further gains in the near future. The current price of Axie Infinity is $7.07, with a 24-hour trading volume of $57 million. In the last 24 hours, Axie Infinity has gained over 1.50%.
CoinMarketCap currently ranks #50, with a live market cap of $704 million. It has 99,634,148 AXS coins in circulation and a maximum supply of 270,000,000 AXS coins.
AXS/USD Price Chart – Source: Tradingview
The AXS/USD pair is trading sideways, holding just above the 50-day moving average support level of $7, so buyers will be keeping a watch on that area for a potential upswing. If the bullish trend continues, it might pave the way for a run back up to $10.
A break below $7 can expose AXS toward the $6.75 level. The RSI and MACD indicators are signaling chances of a bullish trend, so let’s keep an eye on $7 today.
Dash 2 Trade (D2T)
Dash 2 Trade is the best option for investors seeking a promising new crypto trading platform. Using its cutting-edge analytics and social trading capabilities, this new platform plans to dominate the cryptocurrency trading market. Some examples are a pre-sale token scoring system, a token listing alert system, and a tool for back-testing trading strategies.
Dash 2 Trade is a new project that brings together all of the most relevant and useful trading tools to enable traders to trade as efficiently as possible. So far, the presale has gone well, with the team raising about $10.3 million.
PRESALE ENDING SOON
⌛16 Days remaining until our presale ends⌛
The first CEX launch will go live on Wednesday 11th Jan 2023!!
Buy $D2T now before the exchange listingshttps://t.co/PMdwCfAHt1 pic.twitter.com/jIvJCN69Lb
— Dash 2 Trade (@dash2_trade) December 20, 2022
The presale is nearly complete, and the first central exchange listing has just been announced for January 11th. The team has already agreed to sign exchange listings with Changelly, LBank, and BitMart.
C Charge (CCHG)
CCHG is currently working on a blockchain-based peer-to-peer (P2P) payment system for electric vehicle charging stations, which will allow EV drivers to earn carbon credits. C+Charge proposes to improve carbon credits’ role as a primary incentive for EV adoption.
Currently, prominent EV manufacturers such as Tesla profit handsomely from the sale of carbon credits to polluters. C+Charge intends to make the carbon credit market more equitable by extending these benefits to EV owners rather than just large corporations.
@C_Charge_Token Presale Is Now Live
With $CCHG, Users Can Pay For Their #EV Charge At Our Partnered Charging Stations & Receive Carbon Credits
Join C+Charge's Green Revolution! ♻️
Buy $CCHG Now
To Show Support ❤️ + ♻️ & Tag 3 #ad pic.twitter.com/qEkflQm5lo
— Tee (@Teefinha97) December 20, 2022
C+Charge has started a pre-sale of the CCHG token, which will be used to pay for EV charging stations on its network. Tokens are now selling for $0.013, but this will have climbed by 80% by the end of the presale. As a result, investors who wish to be among the first to join in a viable, green cryptocurrency effort should act immediately.
Related news:
Fight Out - Next Big Train-to-Earn Crypto
- Backed by LBank Labs, Transak
- Earn Rewards for Working Out
- Level Up and Compete in the Metaverse
- Presale Live Now - $5M Raised
- Real-World Community, Gym Chain