Arslan Butt
Leading cryptocurrencies were trading in the green early on September 25 as the total market capitalization of all cryptocurrencies increased by 4.65% from the previous day to $950.45 billion.
The cryptocurrency market’s total volume is $75.91 billion, a 16.98% decrease from the previous day. This update will review the best trending cryptocurrencies to buy on September 25.
Cronos (CRO) Up 12% in Seven Days
Cronos (CRO) is on a bullish run, soaring 12% in the seven days. Cronos is the name of the first Layer 1 blockchain network based on the Cosmos SDK and compatible with EVM. Cronos is developing an open environment in which programmers can create their own DeFi and GameFi applications to reach a global user base.
CRO is the Cronos Chain’s native cryptocurrency token. Cronos Labs launched a $100 million Accelerator program earlier this year to help developers build new initiatives and the Web3 of the future within the Cronos ecosystem. Cronos Cruisers, the primary NFT collection, debuted on September 16.
CRO Price Chart – Source: Tradingview
Cronos Cruisers, an advanced multi-chain NFT platform, was launched in collaboration with Minted. Cronos is currently worth $0.1206 and has a 24-hour trading volume of $85,106,556. Cronos has risen by 11.69% in the last 24 hours.
The current ranking is #27, with a live market capitalization of $2,975,267,503. The total number of CRO coins in circulation is 25,263,013,692, with a maximum supply of 30,263,013,692 CRO coins.
On the technical front, the CRO/USD is having difficulty violating the double top resistance level of $0.125. Under this, CRO will likely go after 38.2% Fibonacci retracement at the $0.115 level.
A break below the $0.115 level can drive further selling trends until the $0.1090 level. While the 50-day exponential moving average is likely to support the coin near the $0.1090 level. Consider waiting for the CRO/USD price to touch the $0.1095 support level before buying any positions.
Dogecoin (DOGE) On a Rise, Up 9%
Dogecoin was created as a “joke” by software developers Billy Markus and Jackson Palmer to highlight the irrational investment in cryptocurrencies at the time. DOGE was the first “meme coin,” and even more so, the first “dog coin.”
Dogecoin recently overtook Ethereum as the second largest Proof-of-work coin. Elon Musk has also released a new Cyberwhistle that can only be purchased with his favorite meme coin, DOGE. These recent Dogecoin developments have had a significant impact on the DOGE price.
DOGE Price Chart – Source: Tradingview
The current price of Dogecoin is $0.060651, and the 24-hour trading volume is $381,962,157. Dogecoin has increased by 2.80% in the last 24 hours. The current market capitalization is $8,046,635,021, and the company is ranked #10. The total number of DOGE coins in circulation is 132,670,764,300.
Tamadoge (TAMA) – Ready to Go Live on OKX
Tamadoge is another coin that has received a lot of attention. Despite being a meme token inspired by Dogecoin, it has a variety of uses and benefits for its owners. The platform is developing a P2E game in which players can design their Tamadoge NFTs and use them to battle other players. The project will integrate with the metaverse and expand into virtual reality.
TAMA serves as the ecosystem’s utility currency. Tamadoge recently completed its presale and raised $19 million. TAMA’s listing price is set at $0.03, with a total supply of 2 billion tokens. Over the last few weeks, the community has rapidly grown to tens of thousands of members and shows no signs of slowing down.
✨ Exclusive #NewListing ✨
Get ahead with #OKX, the FIRST exchange to list #TAMADOGE – the quintessential #memecoin with utility by @Tamadogecoin!
Join the #TamadogeArmy and go breed, care and battle your Tamadoge pets now!
Deposits opening soon ⏳
— OKX (@okx) September 23, 2022
Tamadoge will be tradable on OKX, a centralized exchange (CEX) that also operates its decentralized exchange (DEX) for users who cannot register on OKX due to location.
On the 27th, at 11:00 UTC, the CEX listing will go live, followed at 17:00 UTC by the DEX listing. All new members of the OKX exchange also have the chance to win a $10,000 mystery box simply by signing up.
Terra Classic (LUNC) – 50 Days EMA to Underpin Coin
Developed from Terra Classic, Terra (LUNA) is a public blockchain protocol. The TerraClassicUSD stablecoin is issued on the Terra Classic blockchain (UST). The now-renamed LUNC token-collateralized UST failed in a banking panic in May of 2022. This resulted in the near-total devaluation of LUNA and created a new chain, Terra Classic and Terra.
In January 2018, development on Terra Classic began, and in April 2019, the blockchain went live. Its UST stablecoin aimed to bring together the censorship resistance of Bitcoin (BTC) and the price stability and widespread adoption of fiat currencies.
Stablecoins from Terra Classic were tied to the US dollar, the South Korean won, the Mongolian tugrik, and the Special Drawing Rights currency basket maintained by the International Monetary Fund. Even though the UST stablecoin has been removed from Terra Classic, the blockchain project’s legacy lives on in the new Terra version.
With the support of the LUNA community, affectionately referred to as “LUNAtics,” it will continue to develop and improve upon the outstanding UX and UI that propelled Terra Classic to the second position in total value locked (TVL) at its peak. Numerous DApps have committed to switching to Terra to maintain their services.
LUNC Price Chart – Source: Tradingview
Terra Classic’s current price is $0.000231, with a 24-hour trading volume of $433,426,407. In the last 24 hours, Terra Classic has been down 8.40%. With a live market cap of $1,423,514,007 USD, CoinMarketCap now ranks #38. The circulating supply is 6,151,072,613,161 LUNC coins, and the maximum supply is not known.
On the daily timeframe, LUNC/USD is likely to gain immediate support near $0.0002160. Technically, the 50-day moving average will likely provide immediate support near $0.000238. A break below the $0.000238 level will likely open further room for selling until $0.000165.
While the odds of a bullish bounce-off above 50 EMA $0.000238 remain strong, we may see LUNC price going towards resistance areas of $0.000316 or $0.000460.
Ripple (XRP) Up 40%
Ripple is the leading provider of cryptocurrency solutions for businesses. The price of XRP is currently rising. The long-running Ripple and SEC lawsuit could explain the bullish price of XRP.
According to Ripple, who has consistently maintained this claim, the asset fails the Howey Test for securities. The lawsuit is nearing its conclusion, and the market believes Ripple will prevail.
Ripple Price Chart – Source: Tradingview
With a 24-hour trading volume of $7,568,562,369, XRP is now trading at $0.488141, up 13.22% in the previous 24 hours. The current ranking is #6, with a live market cap of $24,333,231,141. The total supply of XRP coins is 100,000,000,000, with a circulating supply of 49,848,747,475 XRP coins.
Algorand (ALGO) Up 24.65%
Algorand is a decentralized blockchain-based network with numerous applications. These systems provide the necessary qualities for productive real-world applications, such as security, scalability, and efficiency.
Algorand is a permissionless blockchain that can be joined with a small amount of computing power. Anyone with Algos and access to the internet is automatically qualified to participate in block consensus. The current live price of Algorand is $0.374195, and the 24-hour trading volume is $531,688,330.
Algorand Price Chart – Source: Tradingview
Algorand has gained 0.98% in the last 24 hours. The current market capitalization is $2,593,621,655, ranking the company 28th. The total number of ALGO coins in circulation is 6,931,202,059, with a maximum supply of 10,000,000,000.
Algorand has entered the oversold zone and will likely gain immediate support near the $0.3085 level. The leading technical indicator MACD exhibits a bullish crossover above 0, suggesting a bullish reversal. On the upside, ALGO will likely face an immediate resistance near the $0.7540 level. Let’s consider looking for a buy trade over $0.3085.
Stellar Lumens (XLM) Up 14.62%
The Stellar Development Foundation, also known as Stellar.org, launched the Stellar (XLM) peer-to-peer (P2P) decentralized network in 2014. Stellar, which connects individuals, financial institutions, and payment processors, allows users to create, transmit, and exchange various cryptocurrencies.
Lumens, abbreviated as XLM, are the network’s native digital currency. XLM is an intermediary currency for activities in addition to being used to pay transaction fees. Money is exchanged in seconds, first into XLM and then into the desired currency.
Stellar Price Chart – Source: Tradingview
Stellar’s current price is $0.122106, with a trading volume of $455,013,400 in the last 24 hours. Stellar has gained 4.91% in the last 24 hours. With a live market cap of $3,103,140,129, the current position is #25. The total number of XLM coins in circulation is 25,413,531,315, with a maximum supply of 50,001,806,812 XLM coins.
Stellar trades sideways, maintaining a narrow range of $0.1301 to $0.0993. It’s currently gaining immediate support near the $0.1100 level, with resistance at the $0.1301 level. A bearish breakout of the $0.1100 level could push the XLM price down to $0.099.
In contrast, a bullish breakout of $0.1301 may open up additional buying opportunities until $0.1501 or $0.1741.
Compound (COMP) on a Rise, Up 13.55 %
The compound is a DeFi lending protocol that allows users to deposit their cryptocurrencies into one of the platform’s approved pools in exchange for interest. Its native coin, COMP, has seen a more than 5% increase in market value in the last week. This increase is due to the compound’s upcoming launch of institutional lending services.
The Compound Treasury enables institutions to borrow money using digital assets as collateral. The market has always been optimistic when institutional investors pour money into cryptocurrencies.
COMP Price Chart – Source: Tradingview
The compound’s current live price is $60.61, and there have been $103,669,487 trades in the last 24 hours. The compound has risen by 6.70% since the previous day. With a current market capitalization of $440,439,272, the company is ranked #79. It has a total supply of 10,000,000 COMP coins and a circulating supply of 7,267,152 COMP coins.
COMP is on the rise, heading towards the $66.10 level. It’s currently gaining immediate support near the $55.45 level, with resistance at the $66.10 level. A bearish breakout of the $55.45 level could push the COMP price down to $48.50.
In contrast, a bullish breakout of $66.10 may open up additional buying opportunities until $76.50.
Axie Infinity (AXS) Up 4%
Axie Infinity is a blockchain-powered trading and battle game that is run and owned in proportion by its players. Axie Infinity is a game in which players can collect, breed, nurture, fight, and trade Axies, which are token-based animals.
Axie Infinity (AXS) paved the way for several play-to-earn games and provided cryptocurrency users with access to a profitable industry. Numerous play-to-earn projects are now generating money for their participants in the cryptocurrency market. The current price of Axie Infinity is $12.69, with a 24-hour trading volume of $114,370,363.
Axie Infinity Price Chart – Source: Tradingview
AXS/USD has been up 4.65% in the last 24 hours. With a live market cap of $1,053,611,740, the current ranking is #47. The total supply is 270,000,000 AXS coins, with a circulating supply of 83,056,187 AXS coins.
Axie Infinity is currently gaining immediate support near the $11.66 level, with resistance at the $15.47 level. A bearish breakout of the $11.66 level could push the Axie Infinity price down to $10.50 or $9.45. In contrast, a bullish breakout of $15.47 may open up additional buying opportunities until $20.05.
Chiliz (CHZ) Up 22%
Chiliz token is a digital currency that allows users to exchange tokens representing their support for professional sports teams. Chiliz has grown due to collaborations with sports clubs such as FC Barcelona, PSG, Manchester City, and Atlético de Madrid.
The project’s price has risen as a result of increased awareness. Compared to the rest of the market, its 17% price increase in the last week is outstanding. It is due to several factors, including the release of CHZ 2.0 and a new fan token. The Made in Brazil esports team’s new MIBR fan token is a native chain called CHZ 2.0.
Chiliz Price Chart – Source: Tradingview
Chiliz is currently trading at $0.264875, with a trading volume of $986,555,306. Chiliz has increased by 7.34% in the last 24 hours. The current position is #35 with a live market cap of $1,589,351,521. The total supply is 8,888,888,888 CHZ coins, with a circulating supply of 6,000,386,953 CHZ coins.
Chiliz is currently gaining immediate support near the $0.2624 level, with resistance at the $0.334 level. A bearish breakout of the $0.2624 level could push the Chiliz price down to $0.2100 or $0.1844. In contrast, a bullish breakout of $0.334 may open up additional buying opportunities until $0.355.
The Sandbox (SAND) Up 5.06%
The Sandbox (SAND) is a well-known project in the crypto-metaverse. Players can create, control, and monetize their game experiences and assets in this vast virtual space. Sandbox activities are powered by SAND tokens, the network’s utility token. Users use SAND to buy and sell assets on the market.
In theory, the demand for SAND tokens should rise in lockstep with the increase in user numbers and transaction volumes over time. It has a significant impact on the value of The Sandbox.
SAND Price Chart – Source: Tradingview
The price of Sandbox is now $0.864, with a 24-hour trading volume of $298,629,150. The Sandbox has gained 0.35% in the last day. With a live market cap of $1,296,453,350, the current ranking is 42. The total number of SAND coins in circulation is 1,499,470,108, with a maximum supply of 3,000,000,000.
SAND/USDT is currently gaining immediate support near the $0.802 level, with resistance at the $0.994 level. A bearish breakout of the $0.8020 level could push the SAND price down to $0.6144. In contrast, a bullish breakout of $0.993 may open up additional buying opportunities until $1.195.
Related news:
- Where to Buy Terra Luna in 2022
- 12 Best Cryptocurrency to Invest in September 2022
- Which Crypto to Buy Today 22 September – Chiliz, Tamadoge, Algorand and Ripple’s XRP
Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption
This article was written for Business 2 Community by Arslan Butt.
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