The crypto bear market continued to grip much of the space today but some coins have made decent gains despite wider struggles.
We look through some of the top trending crypto coins to buy today.
AAVE
Aave has had bullish month that has seen the decentralized finance (DeFi) protocol grow 13.5% in the last 30 days.
It is even stronger on the 7-day chart, up nearly 18%.
$AAVE is looking good! Holding strong above this 4 hour support area. Would like to buy a pullback but in case we get a pump from Bitcoin this one just pumps to $88 next.
If you want to get these signals live you can get access to my indicator and Discord! #AAVE pic.twitter.com/RqKN9aISPj— Sam Mti (@MTI_Trading) October 19, 2022
It’s unclear what has driven the recent surge in price, although some analysts believe the protocol is riding on the coattails of Quant (QNT), another DeFi protocol that has been making moves in recent weeks.
While some have dismissed the price surge as a “scam pump”, others believe the coin could rise to $88 or $90 in the short term.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
MKR
Maker is another DeFi project has made exceptional gains in the past 30 days and is now up a whopping 75% since its sub-$650 low at the end of September.
In fact, MKR broke $1,000 for the first time since mid-August earlier this week.
The run comes off the back of MakerDAO founder Rune Christensen laying out a plan to make the protocol even more decentralized, which was met with great enthusiasm in the crypto community.
However, there is one slight hitch that could halt MKR’s continued rise – venture capital firm a16z is not on board with the decentralization plan and could sway a vote.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
IMPT
IMPT is a new eco-friendly crypto project that has raised more than $6 million in just two weeks since its presale launched.
The project wants to help solve the climate crisis by making carbon credits – which companies use to offset their carbon emissions – tradeable for individuals as well as businesses.
More than 10,000 retailers have already partnered with the project, including the likes of Amazon and Microsoft.
Carbon credits act as a permit for companies to emit greenhouse gas and offset their emissions by funding eco projects.
The first phase of the presale is already more than 50% sold out, with tokens costing $0.018 each. The two later phases will see the price increase to $0.023 and then $0.028.
RVN
Ravencoin remains a top trending coin but one that has been susceptible to huge pumps and subsequent dumps in recent days.
The last week has seen two such spikes and it is unclear what is causing the sudden moves up and down.
Ravencoin remains a big winner of the Ethereum Merge, however, with the mining hashrate still operating at record levels since Ehthereum switched to a Proof-of-Stake consensus mechanism.
HT
Huobi Token may be down 2% in the last 24hrs but it has certainly been one of crypto’s biggest winners in October.
Since the start of the month, when Hong Kong-based asset management firm About Capital Management bought the exchange, HT has seen a stunning 77% increase in price.
There was further good news for the exchange when Tron founder Justin Sun was named to the advisory board.
Finally, the exchange has proven able to survive harsh crackdowns by the Chinese government that further inspired investor confidence.
XMR
Privacy token Monero (XMR) has long been a favorite of crypto investors who want to move away from the traditional banking system.
XMR has had a volatile seven days – as low as $135.68 and as high as $148.20 – but has been making steady gains for the last month.
Again it is unclear what exactly has sparked the upward trend, although some investors may be losing confidence in banks given the cost of living crisis and rampant inflation.
TAMA
Tamadoge is a top trending meme coin that exploded after its initial exchange offering at the end of September.
While the price of TAMA has since retraced, the project is now continuing along with its roadmap having released its first 1,100 NFT pets.
The first 100 Ultra-Rare pets sold out last week, raising more than 250ETH and becoming the top trending collection on OpenSea and the next 1,000 Rare Pets are now on sale on the marketplace.
Another 20,000 Pets are to be released in the near future – they will all be used in the Tamadoge game, based on 90s craze Tamagotchi.
Players feed, play with, and grow their pets before battling other players for the chance to win.
Later in the roadmap, other games will be released, while an augmented reality app is also in development.
The TAMA token will benefit from the gaming ecosystem, with 5% of tokens to be burned in the pet store – where players buy food and toys to grow their Pet.
IMPT - New Eco Friendly Crypto
- Carbon Offsetting Crypto & NFT Project
- Industry Partnerships, Public Team
- Listed on LBank, Uniswap
- Upcoming Listings - Bitmart Dec 28, Gate.io Jan 1st
Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on Bybit, OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption