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front pageToday's NewsBest Cryptocurrency Options to Buy on March 20: Stack, Avalanche, Phantom

Best Cryptocurrency Options to Buy on March 20: Stack, Avalanche, Phantom

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Every day, we evaluate the best cryptocurrencies and recommend investment options based on the latest market trends, blockchain news, and hot topics.
Currently, the cryptocurrency market is showing different trends, providing a range of opportunities for investors. Amid the current bullish sentiment, some other tokens have the potential to generate gains for investors. These tokens offer unique growth opportunities that may bring unexpected profits to investors.
The best options for buying cryptocurrency right now
Amid the continued upward momentum in the cryptocurrency market, other top tokens continue to strengthen their value propositions. Recently, the Stacks Foundation partnered with the Bifrost Foundation, aiming to improve the functionality and interoperability of Bitcoin-based assets on the Stacks platform. Meanwhile, Avalanche has shown resilience throughout the market downturn. In addition, Fantom has recently attracted attention in the cryptocurrency market due to the growing bullish sentiment among investors.
1. Stacks (STX)
The value of the Stacks token has grown significantly over the past year, increasing by 3,16% in the last month alone. This indicates a potentially favorable trajectory. Furthermore, this upward trend suggests that Stacks could soon surpass important price milestones.
Stacks stands out for its status as a second-layer token on the Bitcoin network, facilitating smart contracts. Through its proof-of-transfer consensus and Clarity language, Stacks claims to have a comprehensive understanding of Bitcoin, enabling seamless interaction between the two networks. Transactions within the Stacks layer are automatically recorded and completed on Bitcoin's first layer, ensuring security through Bitcoin's hash power.
Additionally, the Stacks Foundation recently partnered with the Bifrost Foundation to enhance the functionality and interoperability of Bitcoin-based assets on the Stacks platform. The collaboration introduced the BTCfi service, which generates returns for Bitcoin holders through a low-risk mechanism. Additionally, the inclusion of sBTC in BTCfi is intended to increase liquidity and utility within the Stacks platform. Additionally, the introduction of the BtcUSD stablecoin facilitates smooth transactions and improves the overall user experience of the Stacks ecosystem.
2. Avalanche (AVAX)
Avalanche has recently shown resilience amid the overall market decline. It has rebounded from the $50 support level. While many cryptocurrencies have fallen in response to Bitcoin’s decline, AVAX has maintained its bullish trajectory.
At the time of writing, Avalanche is priced at $54.02, marking a growth of 0.62% over the past 7 days. However, it has also seen a drop of 7.47% over the past 24 hours. Despite this short-term volatility, AVAX’s gains remain impressive, with a growth of 38.19% over the past 30 days.
Moreover, its performance this year shows a growth of approximately 58%, indicating a growing demand for the token. Avalanche stands out by positioning itself as the leading blockchain for Web3 gaming. Recently, the integration of the popular game Maple Story onto Avalanche’s subnet marked a major milestone.
3. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix has introduced a novel staking mining mechanism that allows users to earn rewards by staking BTCMTX tokens. This method eliminates the requirement for expensive mining equipment and technical knowledge, making Bitcoin mining accessible to all investors. The Stake-to-Mine system runs smoothly on the Ethereum blockchain and provides users with a user-friendly interface to participate in Bitcoin mining.
By staking BTCMTX tokens, users can directly mine Bitcoin. This innovative model encourages participation and provides a clear reason to hold BTCMTX tokens for the long term. In addition, this approach may attract large Bitcoin investors.
In addition, the presale has raised more than $12 million to date, with each token priced at $0.0141. With a current annualized yield of 56% and a $30,000 airdrop to encourage community participation, Bitcoin Minetrix has already attracted widespread attention from Bitcoin investors. In addition, with less than a day left until the end of Bitcoin Minetrix Phase 32, interested investors should act quickly.
4. dogwifhat (WIF)
Dogwifhat (WIF) has surged 400% in the past month, becoming one of the best cryptocurrencies right now. Recently launched, it has gained huge popularity after being supported by Binance, KuCoin, and Binance. The token once hit an all-time high of nearly $3.50, with a market cap of nearly $3.5 billion.
However, like many tokens, WIF has also been affected by the recent market drop. It is currently trading at around $2.44, down 4.70%. Despite this, WIF shows an upward trend, with a wave of gains last month. For the WIF price prediction, the market sentiment is neutral, while the Fear and Greed Index shows extreme greed at 79.
In the past 30 days, WIF has had 18 up trading days, accounting for 60% in that period. This shows how active the market is. With its high liquidity, reflected in market capitalization, WIF ranks 4th in the Meme Coins field. In addition, dogwifhat's recent performance is impressive; investors should consider market volatility and conduct in-depth research before making investment decisions.
5. Fantom (FTM)
Fantom has recently gained attention in the cryptocurrency market due to the growing bullish sentiment among investors. Despite the challenges of breaking through the key $1 resistance level, there is optimism about it reaching its target of $1.44. However, the coin is facing a huge selling pressure, showing a bearish trend according to various indicators.
The recent bear market has affected Fantom, causing its price to drop by double digits in just a few days. However, its current price stability suggests the possibility of a consolidation period. There is the potential for a breakout that could allow FTM to create new highs.
The increased volatility in FTM’s price has sparked discussions among investors, leading to an increase in its social trading volume. In addition, FTM’s weighted sentiment has also increased, reflecting a generally bullish sentiment among investors.
At the time of writing, FTM is trading at $0.9491 with a market cap of over $2.6 billion. In addition, an important factor contributing to Fantom’s recent price increase is the decrease in the amount of FTM held in exchange reserves since March. The decrease in exchange reserves, coupled with the price increase from $0.50 to $0.82, indicates that assets are flowing into private wallets in large quantities.
This reflects a strong confidence in the long-term potential of this coin. Fantom has performed well over the past year, with its price growth of 109%, surpassing the 58% of the top 100 crypto assets. It is currently trading near its cycle high and is considered highly liquid based on its market cap.
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The best options for buying cryptocurrency right now
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