Cryptocurrency traders are always on the lookout for the best cryptocurrencies to buy, and we’ve listed some of the ones with great potential in this article. Competition among digital asset exchanges is fierce, with numerous platforms vying for dominance. Choosing the best cryptocurrency to invest in can be challenging, as many platforms offer similar features, trading pairs, and security measures. However, this article highlights the best cryptocurrencies to invest in, aiming to help investors choose the most promising tokens for potential returns.
Best Cryptocurrency Right Now
Bitget Wallet announced support for ARC-20 tokens and integration with the Bitcoin Lightning Network, enhancing support for the broader Bitcoin ecosystem. XAI announced an upcoming airdrop on its X platform, with rewards to be distributed to Sentry node key holders. Oasis Network saw a significant increase in market activity after the release of illumineX.
1. Bitget Token (BGB)
Bitget Token (BGB) is the utility token of the Bitget exchange. The BGB token was launched in July 2021 to facilitate transactions within the Bitget ecosystem. Traders can use BGB for staking, social trading, and receive fee discounts. In addition, BGB holders can participate in Bitget's launchpad and launch pool activities.
In addition, BGB emphasized its scalability on the platform’s website. Developers ensured that the system can handle growing transaction volumes without congestion, which is essential for a smooth user experience.
The benefits provided by BGB include trading fee discounts of up to 20%, exclusive rewards and opportunities to participate in Bitget user promotions. Through the flagship product Copy Trade, BGB holders can participate in profit sharing. In addition, BGB holders have early access to projects on the launch pad and have the opportunity to stake and receive tokens in the launch pool.
Recently, Bitget Wallet announced support for ARC-20 inscriptions and integration with the Bitcoin Lightning Network in its latest version. The move enhances the platform’s support for the wider Bitcoin ecosystem. Bitget Wallet is focused on providing a seamless mobile experience that allows users to conveniently access inscription products. The focus on second-layer solutions such as the Bitcoin Lightning Network reflects the platform’s commitment to staying at the forefront of technological advancements.
2. eTukTuk (TUK)
eTukTuk is an innovative AI-powered transportation solution that aims to revolutionize travel infrastructure, especially in developing countries and around the world. The project has launched the TUK token and expects to be listed on exchanges later this year. The platform emphasizes environmentally friendly transportation and the development of charging infrastructure driven by blockchain technology.
Additionally, eTukTuk offers a unique gaming experience where users can earn rewards by playing a game that simulates driving their flagship vehicle on the streets of Sri Lanka. This play-and-earn concept, similar to the popular game Crazy Taxi, adds to the appeal of the project.
In addition, eTukTuk has received a lot of attention from investors, with its pre-sale raising $938,092.84, close to its initial goal of $1,002,904. The current token price is $0.0265, with nine days left before the next stage of development. eTukTuk presents an ambitious vision of sustainable transportation and blockchain convergence, supported by substantial progress and investor interest.
3. Xai (XAI)
Xai (XAI) is a cryptocurrency designed for the gaming community, leveraging the Arbitrum second-layer platform. Its main goal is to simplify in-game item transactions while keeping transaction fees low. In addition, its decentralized governance model gives players the power to influence the development of the Xai (XAI) network.
Xai’s price fluctuates between $0.7 and $1.761, with optimistic forecasts suggesting that it could potentially reach $1.62 in 2024 and $1.88 in 2025. Currently, it is trading at $0.9826, having grown by 24.541tpt3t in the past seven days.
In addition, Xai aims to create a real economic system in video games, enabling traditional players to easily own and trade valuable in-game items without having to deal with complex cryptocurrency wallets. By running a node in the Xai network, participants can earn rewards and actively participate in governance decisions.
To celebrate the Lunar New Year, we decided to do an airdrop for Sentry node key holders. The first-class Sentry node key is rewarded with 88 XAI tokens, and each additional key is rewarded with 8 XAI tokens, provided that KYC has been completed and XAI related content has been posted on Twitter.
Furthermore, Xai’s potential to change gaming trading appears promising, depending on whether it can maintain investor interest and grow its user base. Success will depend on Xai offering fast, efficient and low-cost trading, solidifying its position and influence in the market.
4. BNB (BNB)
BNB is the native token of Binance exchange. Founded in 2017, Binance is the largest cryptocurrency exchange in the world with high daily trading volume. Since its establishment in 2017, BNB has expanded its business beyond traditional trading services.
It aims to become a comprehensive infrastructure provider for the blockchain ecosystem. In addition, the value of BNB has risen significantly in early 2021, attracting the attention of institutional investors. This growth trajectory highlights its importance in the cryptocurrency market.
A key competitive advantage of BNB lies in its commitment to development and innovation. The company's pursuit of continuous expansion has led it to establish various ancillary businesses, further consolidating its position in the industry. Notably, BNB has high liquidity, thanks to its large market capitalization.
Furthermore, BNB has experienced a positive trend, with 19 out of 30 days reflecting price gains, with a success rate of 63%. Moreover, BNB has seen an intraday growth of 4.17%, indicating its resilience and market demand. Currently, people are neutral about the BNB price prediction.
However, the fear and greed index shows a level of 70, indicating greedy sentiment among investors. BNB’s success in the market is due to Binance’s ambitious goal of reshaping global finance. Its stable performance and wide range of services make BNB the best coin to buy currently.
5. Oasis Network (ROSE)
Oasis Network has recently seen a surge in market activity following the launch of illumineX, a pioneering decentralized exchange (DEX) built on the network. illumineX provides users with a unique DeFi experience by prioritizing privacy and security, leveraging Oasis Sapphire’s smart protocol. The introduction of confidential and MEV-resistant token swaps marks an important step in making private DEX platforms safer and more practical.
illumineX's initial phase, early liquidity provision, began on January 26, 2022. It established liquidity pools on the mainnet, laying the foundation for a successful full mainnet launch and meeting growing user demand.
After comprehensive security preparations and audits, illumineX is now gradually advancing to the subsequent stages of its mainnet launch. Phase 2 focuses on implementing exchange functionality. This phase runs from February 3rd to 4th. Subsequently, Phase 3 will mark the full mainnet launch, including the illumineX token generation event and airdrop.
Furthermore, the deployment of the illumineX mainnet made it possible to seamlessly bridge funds from the EVM network. Due to these developments, the market capitalization of the ROSE token has seen an upward trend. At the current price of $0.1175, ROSE is trading above its 200-day simple moving average, indicating a positive market sentiment.
Oasis Network’s bullish sentiment is further evidenced by a Fear and Greed Index reading of 70 (Greed). While ROSE reached its all-time high of $0.592943 on January 15, 2022, it still exhibited a price growth of 57% over the past year, outperforming all but 68% among the top 100 crypto assets.
In recent cryptocurrency news, the United Nations (UN) has launched an investigation into North Korea’s alleged misuse of cryptocurrencies, with a particular focus on hacking groups allegedly linked to the country.
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