Blockchain

Best Crypto to Buy Now September 23 – Flow, Quant, Kava

Join Our Telegram channel to stay up to date on breaking news coverage

We cover some contenders for the best cryptocurrency to buy right now, potentially worth adding to your watchlist over the coming days.

Many ponder the potential repercussions if the global crypto market cap breaches the critical $1 trillion threshold.

The global crypto market cap has managed to sustain its position above the $1 trillion mark, successfully rebounding from the FTX crash.

Global Crypto Market Cap Chart

Nevertheless, the current market dynamics raise concerns about its ability to remain above this threshold. Over the past 24 hours, there has been a decline of over 0.18% in the crypto market cap’s overall value, slipping as far as $ 1.05 trillion.

Best Crypto to Buy Now

As the broader crypto market trend evolves, investors must adopt a forward-thinking approach to pinpoint the most promising opportunities in the present landscape. While price corrections prevail across various assets, they offer a unique opportunity to seize the dip. This review aims to identify tokens well positioned for an impending uptrend in the coming days.

1. Flow (FLOW)

The analysis of FLOW cryptocurrency indicates a promising outlook both in the short and long term, particularly as long as it maintains its trading position above the $0.400 mark, which has proven to be a robust demand zone.

While the current price hovers between $0.400 and $0.500, it’s essential to observe the efforts of buyers to push it beyond the 50-day EMA, potentially signaling a short-term trend reversal. However, it’s important to note that the overarching trend remains downward due to the higher 200-day EMA.

Flow Price Chart

 

 

Recent increased buying volume and a minor price recovery suggest short-term investors are becoming active, and this recovery may persist. If the price breaks the $0.500 resistance, it could trigger a notable 10% to 15% upward surge, instilling confidence in long-term investors.

On the contrary, rejection at $0.500 could lead to continued consolidation within the current range. Overall, FLOW cryptocurrency is positioning itself for potential growth, making it an exciting option for investors looking to diversify their portfolios.

Today’s live Flow price is USD 0.445903, with a 24-hour trading volume of $21,831,505. Flow is up 1.19% in the last 24 hours. The current CoinMarketCap ranking is #70, with a live market cap of $462,045,183. It has a circulating supply of 1,036,200,000 FLOW coins and the max. Supply is not available.

2. Quant (QNT)

In June 2018, Quant initiated its mission to establish global connections between blockchains and networks, emphasizing preserving network efficiency and interoperability. It proudly marked its place as the pioneering project to tackle the interoperability challenge by introducing the world’s first blockchain operating system.

Quant (QNT) analysis indicates a recent decline in its price over various timeframes, with a notable decrease in the past week and month, along with more significant drops over the last three and six months.

 

Quant price chart

However, it’s crucial to observe that the cryptocurrency trades between $90 and $94, with potential signs of bearish exhaustion as the Relative Strength Index reaches oversold levels.

The decline is reaching a point where buyers may emerge to increase prices. Quant has been moving within a descending parallel channel since April 2023, and buyers are striving to initiate a breakout.

Despite the recent uptick in market capitalization, a decline in trading volume suggests the presence of sellers looking to push QNT down.

While Quant’s performance has declined, its potential to rebound within a compelling price range and the ongoing breakout efforts make it an intriguing option for investors seeking opportunities in the cryptocurrency market.

Today’s live Quant price is $90.97 with a 24-hour trading volume of $8,827,803. Quant is up 1.63% in the last 24 hours. The current CoinMarketCap ranking is #39, with a live market cap of $1,098,241,806. It has a circulating supply of 12,072,738 QNT coins and a max. Supply of 14,881,364 QNT coins.

3. Kava (KAVA)

As a Layer-1 blockchain, Kava offers a compelling fusion of speed and interoperability from Cosmos with the robust developer capabilities of Ethereum.

Its unique architecture, rooted in the Cosmos EVM technology, is designed for optimal resource utilization, providing scalability, speed, security, and exceptional developer support.

Kava price chart

 

Notably, Kava presents an enticing opportunity for builders to participate in its developer incentive program, Kava Rise, with a substantial $750M fund for rewarding top protocols each month based on their usage.

The network’s foundation on Cosmos, coupled with its Tendermint-based proof-of-stake consensus mechanism, ensures network integrity, making it an attractive investment option.

Moreover, Kava holders have multiple avenues to stake tokens and reap rewards. Most significantly, Kava’s commitment to security through thorough, smart contract audits by reputable firms further bolsters its appeal to potential investors.

Today’s live Kava price is $0.626679, with a 24-hour trading volume of $12,954,248. Kava is up 1.19% in the last 24 hours. The current CoinMarketCap ranking is #65, with a live market cap of $493,970,740. It has a circulating supply of 788,235,179 KAVA coins and the max. Supply is not available.

4. Hedera (HBAR)

Hedera Hashgraph (HBAR) is the native cryptocurrency of the Hedera Hashgraph blockchain network, with its current price at $0.1696.

HBAR plays a dual role within the ecosystem, fueling essential services like transactions, file storage, and execution of smart contracts while also serving as the mechanism for securing the blockchain through staking.

Hedera price chart

 

Notably, it has a conservative maximum total supply of 50 billion HBAR tokens, with only 18% currently in circulation, marking a steady increase in its supply.

The recent bullish sentiment surrounding HBAR can be attributed to strategic partnerships and integrations, such as its collaboration with FreshSupplyCoAu to bridge blockchain technology with traditional financial infrastructure, fostering secure payments, global trade, and various financial services.

Hedera Hashgraph’s commitment to advancing these democratic principles through blockchain technology makes it an intriguing investment opportunity for those who value a cryptocurrency’s utility and long-term potential.

Today’s live Hedera price is $0.051856, with a 24-hour trading volume of $18,036,416. Hedera is up 3.56% in the last 24 hours. The current CoinMarketCap ranking is #30, with a live market cap of $1,729,805,628. It has a circulating supply of 33,358,054,754 HBAR coins and a max. Supply of 50,000,000,000 HBAR coins.

5. LaunchpadXYZ

While the initial 18% presale bonus of LPX might have eluded some investors, there’s still an opportunity to access an ongoing 17% bonus. The project’s dedicated team works diligently to ensure investors receive the maximum value for their commitment. Thus, it is prudent to seize this opportunity while it’s available.

LPX, the platform’s native currency, grants investors access to the platform and various associated benefits. Beyond merely enabling access to the LaunchpadXYZ platform, the presale initiative extends additional advantages to its users.

These perks encompass priority access to trading signals, expert guides, newsletters, and more. It’s important to note that a minimum commitment of $50 is required to unlock these supplementary benefits.

The level of investment commitment that participants can make to the project is unlimited. However, it’s essential to understand that the magnitude of benefits received scales proportionally with the amount invested. For comprehensive project updates and detailed information, interested parties are encouraged to refer to the LaunchpadXYZ presale page.

Visit LaunchpadXYZ presale

Read More

Ends Soon – Wall Street Memes

Wall Street Memes
  • Early Access Presale Live Now
  • Established Community of Stocks & Crypto Traders
  • Featured on Cointelegraph, CoinMarketCap, Yahoo Finance
  • Rated Best Crypto to Buy Now In Meme Coin Sector
  • Team Behind OpenSea NFT Collection – Wall St Bulls
  • Tier One Exchange Listings September 27
  • Tweets Replied to by Elon Musk

Wall Street Memes


Join Our Telegram channel to stay up to date on breaking news coverage


Credit: Source link

You might also like More from author

Comments are closed.

Please enter CoinGecko Free Api Key to get this plugin works.