Crypto traders are always on the lookout for the best crypto buying opportunities on any given day - and we have listed some of the high potential coins in this article. Some of these coins have already seen an increase in value, and some of them are performing even better. The cryptocurrency market is showing a strong upward trend, with top altcoins increasing the value of portfolios. In a recent development, Ethereum has retained its position as the leading blockchain for NFT sales for three consecutive days, ending the week on a high note.
The best options for buying cryptocurrency right now
Recently, TON has maintained its upward trend in the cryptocurrency market and has become a top choice for investors. In addition, Immutable and OKX have collaborated to launch a GameFi Launchpad, which aims to change the gaming industry in the Web3 space. In addition, VeChain has been actively establishing important partnerships, indicating that VeChain's technology is gaining more and more acceptance in different fields.
1. Toncoin (TON)
In recent weeks, TON has continued its upward trend in the cryptocurrency market, consolidating its popularity among investors. At the time of writing, TON is trading at $5.35, up 9.11%, surpassing its previous high.
Additionally, TON recently launched a major community incentive program called The Open League, which has sparked a surge in sentiment. The Open League program will incentivize competing projects and users by distributing 30 million Toncoins worth approximately $115 million across the TON ecosystem starting in April.
As part of the pilot program, the TON Foundation has distributed 650,000 Toncoins (equivalent to $2.6 million) to users by increasing liquidity pools. In addition, the winning projects announced on March 31 will share 550,000 Toncoins (equivalent to $2.2 million).
“Following a successful pilot program, The Open League will begin distributing 30 million Toncoin to competing projects and TON ecosystem users starting April 1st.”
In addition, the statement released by the TON Foundation showed that the total value locked in the network's decentralized exchange increased by 70%. In addition, during the pilot phase, the number of daily active addresses increased by 370%.
Currently, the market sentiment regarding the Toncoin price prediction is bullish, coinciding with the Fear & Greed Index at 75 (greed). Furthermore, TON is trading above its 200-day simple moving average and has been trending positively for 20 of the past 30 days. Notably, TON is also trading close to its all-time high.
2. Arbitrum (ARB)
Arbitrum recently completed an unlock event in accordance with its 2024 roadmap. The event released 1.1 billion ARB tokens, of which about 40% were allocated to the team, advisors, and investors. Before the unlock event, the price of Arbitrum began to fall.
After failing to hold the $2 support level, the price of ARB dropped more than 30% to approximately $1.48 on March 19. However, since then, ARB has shown signs of recovery. On March 20, cryptocurrency analyst World Of Charts observed a bullish flag breakout for ARB.
A successful retest of the $1.64 price range could lead to a “bullish wave of 40-45%,” the analyst said. After conducting this analysis, ARB did retest above the suggested price range, reaching the $1.8 level in the early hours of the next day before settling around $1.75.
Furthermore, ARB is trading at $1.70, having gained 2.62% in the past 24 hours. Despite a drop of 1.41% in a one-week timeframe and 7.15% in a one-month timeframe, its current price is still up 36.86% from the beginning of the year.
3. Dogecoin20 (DOGE20)
Inspired by the Shiba Inu-themed meme coin Dogecoin20, the project integrates on-chain staking. Users can earn rewards by keeping tokens in digital wallets and supporting the network. In addition, investors are interested in this project due to its unique proposition.
By combining meme culture with blockchain staking, Dogecoin 20 has attracted early adopters. The project has raised more than $8.8 million in the current pre-sale phase, with each token priced at $0.000209.
However, investors only have two days to enjoy the price before the next price increase. The project has the potential to see a price increase after its official launch, which makes it an attractive investment opportunity. One of the main highlights is the high annual yield of 192 percent for staking DOGE20 tokens.
This means that investors can earn significant returns by participating in the network. In addition, Dogecoin20 has allocated 15% of its total token supply to fund these staking rewards, providing a level of utility rarely seen in memecoins.
4. Immutable (IMX)
Immutable and OKX have teamed up to launch a GameFi Launchpad, aiming to revolutionize the gaming industry in Web3. This partnership involves the launch of the GameFi NFT issuance platform and the integration of Immutable's gaming-focused zkEVM chain into the OKX marketplace and OKX wallet. This collaboration aims to reshape the accessibility and engagement of the gaming community with NFTs and digital assets, potentially impacting more than 50 million users.
OKX’s GameFi distribution platform will be launched in the coming months to support the planned global listing of Immutable zkEVM games. Games built on Immutable, including Guardians, Shardbound, and Metalcore, will use OKX’s platform to expand their reach and enhance player experience.
5. VeChain (VET)
VeChain, a blockchain platform focused on supply chain management and sustainability, recently partnered with the Ultimate Fighting Championship (UFC) to promote sustainable development initiatives.
Recent collaborative activities include participation in UFC 299, which attracted fans from both communities. In addition, renowned UFC Octagon announcer Bruce Buffer supported the VeChain-UFC partnership. He stressed the importance of sustainable development efforts, especially in ocean conservation. Buffer’s support highlights the partnership’s alignment with his personal interests and values.
Additionally, VeChain has been actively building key partnerships, with Vyvo Smart Chain being the latest. These partnerships demonstrate the growing adoption of VeChain technology in various sectors. With sustainability at its core, VeChain aims to tap into vast market opportunities.
Additionally, VET recently celebrated the 3 million unique VeChain wallets milestone and reached a new all-time high in blockchain activity. The project is well-positioned in the current cryptocurrency market cycle. Investors within the VeChain community are optimistic about its potential for further price appreciation.
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The best options for buying cryptocurrency right now
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