Crypto prices are on the rise again as the rally that began on January 9 enters its third week, showing only mild signs of slowing down amidst rising market optimism. The stock market has also paused on gains from the previous week as investors prepare for a busy schedule of corporate earnings announcements. So, what are the best cryptos to buy today in the current market climate?
Bitcoin (BTC) bulls defended support at $22,600 throughout the morning session and managed to push its price to a daily high of $23,161 in the afternoon. Bitcoin’s price is at $22,944 as of writing and is down 0.43% for the day.
If you’re looking to enter the crypto markets, large cap coins like Bitcoin and Ethereum could still be worth taking positions in, but it’s also worth considering some of the other lower cap best cryptos to buy today based on potential for higher gains.
In light of this, it’s worth taking a closer look at MEMAG, APT, FGHT, AXS, and CCHG, which based on fundamental and/or technical indicators, may be worth buying in the current market conditions.
Meta Masters Guild (MEMAG) Makes the Grade for One of the Best Crypto to Buy Today
Get set to revolutionize the way you experience mobile gaming with Meta Masters Guild (MMG). By uniting blockchain technology and a decentralized community, MMG is pioneering the next generation of gaming. Their ambition is to construct an engaging ecosystem that encourages both enjoyment and interaction while resolving modern issues gamers face.
The MMG platform was created to reward players for their hard work in contributing to the gaming ecosystem and will provide them with MEMAG cryptocurrency as well as complete control over all in-game components. Through the unrestricted game economy, they will be able to exchange digital inventory and currency using “Gems” rewards that can then be converted into actual money or items within the game.
MMG seeks to provide a just and open platform that will eliminate unfair practices while at the same time enhancing the overall gaming experience. To begin with, they are developing Meta Kart Racers–a game that can be enjoyed both as PVP or single-player on mobile devices. The company plans to incorporate more state of the art blockchain games into the ecosystem on an ongoing basis.
Crypto investors have seized the opportunity to join in on MEMAG’s presale launch, which has already accrued a substantial $1.28 million.
Fantom (FTM) has followed the crypto market rally with a sizable rise in its price, reaching an intra-month high of $0.4155. The crypto seems to have found support at $0.373 and has faced resistance at $0.4275. Long-term technical indicators reveal a highly bullish outlook for the cryptocurrency, but short-term indicators are alerting traders to the possibility of a trend reversal.
The market capitalization of FTM has increased by 8.26% to $1,147,457,027 due to growing interest, but the 24-hour trading volume has dropped by 6.05% to $377,457,158, indicating a loss of support for sustained positive price action.
Plotting an extended Fibonacci retracement level in its recent swing reinforces the significance of the horizontal resistance levels between $0.4095 and $0.4174. FTM’s price is currently trading at $0.3985, within a channel between FIB -0.236 and FIB -0.382.
For the past 266 days, FTM has been ranging from a low of $0.1642 to a high of $0.4343. A clean price break out above the higher range together with volume confirmation could indicate a potential reversal in trend for this cryptocurrency.
Web3 Empowered Fitness: Fight Out (FGHT)
Fight Out, an innovative gym chain and move-to-earn app powered by Web3 technology, is looking to make fitness a lot more engaging and community-oriented. Not only will it create custom fitness plans tailored to individual needs but it will also reward users with REPS tokens for completing their goals–allowing them to stay motivated and earn as they sweat.
Developed by a team of accomplished professionals vetted by CoinSniper, the move-to-earn (M2E) app aims to disrupt the fitness industry. One unique feature of the platform will be a soul-bound NFT avatar that will level up as users achieve their fitness goals. Users can then fight their avatars for rewards.
Fight Out is aiming to construct premier fitness centers around the world with advanced amenities like “mirrors” that showcase member profiles and sensors that offer instantaneous feedback on exercises, making exercising more engaging. This project has already amassed renowned athletes in its ambassador program such as Amanda Ribas from UFC, Taila Santos and Savannah Marshall, former WBO middleweight champion.
With a dedicated team and an attractive…