A market-wide rebound has seen investors digress toward altcoins as they search for the best crypto to buy. Analysts at Rekt Capital believe altcoins are gaining traction this week as Bitcoin’s market dominance dips. Nevertheless, they caution that these widespread rallies could fade once Bitcoin’s dominance retests key support and begins to climb again.
New and up-and-coming altcoins such as FGHT, D2T, CCHG, RIA and TARO could offer investors quicker gains despite the crypto winter. Remember, market participants, are reeling in the aftermath of a disastrous 2022.
The drama surrounding the collapse of Sam Bankman-Fried’s FTX exchange, including his arrest in December, has the crypto market on edge. Regulatory scrutiny is bound to increase in 2023 more than ever as authorities mull over what could have been done to prevent the events that led to FTX and its sister company Alameda Research filing bankruptcy proceedings under Chapter 11.
Industry experts say that crypto markets may grapple with the crypto winter until the end of 2023, with a significant recovery likely to start in 2024. Analysts at Coinbase said in a December report that the next time Bitcoin sees a new all-time high could be in 2025.
However, in crypto, impossible doesn’t always mean never; hence, investors keep a bullish outlook for 2023. As they deliberate on which assets to add to their portfolios, they may start with the best crypto to buy on January 4, as explored in this article.
FightOut (FGHT): The Best Crypto to Buy for M2E Enthusiasts
As the fitness industry expands its wings from Web2 to Web3 platforms, it is becoming difficult for investors to decide the projects to back. Although FightOut is relatively new, its features set it apart from the rest.
The team behind this up-and-coming Move-to-Earn (M2E) project believes everyone should be able to live a healthy, active lifestyle based on their personalized goals, abilities and needs. Access to fitness should not be cost-prohibitive; instead, members should be rewarded for the efforts they put into their journeys.
FightOut is bringing up an M2E fitness app and gym chain to gamify the fitness lifestyle. By completing predetermined workouts and challenges, users in this ecosystem will earn the FGHT token, receive badges and grow within the community.
The fitness app would help track users’ progress as well as present tailor-made workouts to replace the costly input of engaging personal fitness trainers. FightOut believes it will be the first M2E platform to remove the barriers to entry by easily moving audiences in masses from Web2 using digital avatars to Web3.
Although the app will be available to all holders of FGHT, users must purchase subscriptions to access customized training programs. The team plans to introduce a 25% discount to encourage more sign-ups.
FightOut’s presale is underway and has raised $2.6 million by selling 1 FGHT for 1 USDT. Investors can take advantage of a 50% bonus to buy FGHT, but only until the presale hits the $5 million mark.
Solana Price Prediction as SOL Climbs 20% in a Week
Solana price faces resistance at $14.00 after increasing over 20% in a week. Investors have turned to SOL despite plunging below a crucial support at $10.00 last week. Buyers started pushing for the resumption of the uptrend after Ethereum’s co-founder Vitalik Buterin appreciated the development community within the Solana ecosystem.
An increase in demand for SOL is attributed to the launch of the first meme coin on the blockchain. At the moment, Solana price trades at $13.56. It depends on the support provided by the 100-day Exponential Moving Average (EMA) (in blue) at $12.67 to cut short a possible retracement due to profit-booking among investors.
In the meantime, the Moving Average Convergence Divergence (MACD) spots a vivid bullish outlook after crossing above the mean line (0.00). A buy signal flashed when the MACD (line in blue) crossed above the signal line (in red), affirming the bulls’ weight behind Solana.
A break above resistance at $14.00 would be necessary for the second recovery leg eyeing highs around $20.00. However, some traders may prefer to cash out at the 200-day EMA (in purple) at $16.57.
Despite the significant move in Solana price this week, it remains one of the best crypto to buy, considering the presence of support areas at the 100-day EMA, the 50-day EMA (in red) and the buyer congestion at $10.00.
Dash 2 Trade (D2T): Powering Crypto Analytics, Social Sentiment and a Presale Dashboard
Investors keen on exploring crypto analytics may look no further than Dash 2 Trade. The team behind this up-and-coming ecosystem presents an opportunity not seen before, where traders can use a token to access key information to make decisions.
D2T is the ERC-20 token powering the Dash 2 Trade ecosystem. Dash 2 Trade aims to become a leading crypto analysis and social trading platform. Although Dash 2 Trade does not charge a monthly subscription to its basic features, investors would pay 400 D2T per month for the Starter tier and 1,000 D2T monthly to access all the features on the platform.
The idea behind the project, built by experts from the renowned trading group Learn2Trade, wants to provide users with as much value as possible, ranging from actionable trading signals to accurate on-chain analysis on top of the necessary trading tools to seize opportunities in the market.
Dash 2 Trade, which is the best crypto to buy, has many features and services that traders can explore as they navigate the dynamic cryptocurrency market. In addition to timely trading signals, Dash 2 Trade offers a bespoke scoring system for traders who wish to participate in crypto presales.
Dash 2 Trade presale has raised $13 million and is in its final stage. D2T is selling for $0.0533 ahead of its first exchange listing on January 11.
Near Protocol Price Embraces Market-wide Relief Rally Testing $1.6
Near Protocol price is close to another massive breakout after increasing 20.5% in 24 hours and 17.5% in seven days. Recovery is top on the bulls’ priority list amidst an avalanche of buying signals.
In addition to the MACD confirming the call to buy NEAR by crossing above the signal line, the momentum indicator is holding in the positive region. Traders can keep their long positions running until the MACD (blue line) slips beneath the signal line (in red).
Near Protocol price currently exchanges hands at $1.59, but a break above $1.60, a resistance in confluence with the descending trend line, would pave the way for another breakout to the 200-day EMA (in purple) at $1.90. Investors would be looking forward to an extended recovery to $3.40 if NEAR breaks and holds above the 200-day EMA, becoming the best crypto to buy.
C Charge (CCHG) – Is Revolutionizing the Carbon Credit Industry
C+Charge is a peer-to-peer cryptocurrency payment system opening up carbon credits to the drivers of electric vehicles (EVs). The blockchain platform will also spearhead the rollout of charging stations while creating an acceptable industry standard, which the industry has been lacking.
According to C+Charge, a carbon credit permits the owner to release a specified amount of greenhouse gasses. An incentive is provided to the corporations that adhere to the set limit, while those that exceed the limit are penalized.
It is worth mentioning that the carbon credit industry supports buying and selling of credits. However, the system is designed to favor large corporations, with companies like Tesla dominating. The carbon credit industry is projected to grow to $2.4 trillion by 2027.
C+Charge, currently the best crypto to buy, would be the first on or off-chain platform to democratize opportunities in the carbon credit market. EV drivers collect carbon credits every time they pay with CCHG. Station owners receiving payment in CCHG will likely see operation costs drop compared to using payment providers like Visa and MasterCard.
C+Charge presale is underway, with $71k raised. Investors are currently buying 1 CCHG token for 0.013 USDT. Roughly 156 million tokens are left before the price increases to 0.0165 USDT.
Ethereum Classic Price Explodes 20%
Ethereum Classic price is giving investors a New Year gift amidst a relief rally from support at $15.50. The token now trades at $18.78, although bulls are eyeing highs beyond $20.00.
The optimistic outlook for ETC follows market-wide gains in the cryptocurrency market. With Ethereum Classic price holding above two major moving averages, the 50-EMA (in red) at $16.48 and the 100-day EMA (in blue) at $17.30, we are likely to see action above $20.00 heading to the next key barrier at $27.10.
Seller congestion between the falling trendline and the 200-day EMA (in purple) at $19.58 could stall the uptrend, forcing ETC to seek more liquidity at the 100-day EMA and the 50-day EMA, respectively.
Moreover, some investors might choose to book profits, especially if they consider Rekt Capital’s forecast that the relief rallies seen with altcoins this week could hit a snag as Bitcoin’s market dominance increases.
Calvaria (RIA): Bringing the Masses to Crypto
Some investors may also be interested in Calvaria as the best crypto to buy, supporting the mass adoption of crypto via a play-to-earn battle game. The team behind this project believes that RIA is “the first effective ambassador between the “real world” and crypto.”
Calvaria comes to life with two versions of the same game: The first is free-to-play and easily accessible via app stores like Google Play and the Apple Store, while the play-to-earn version comes equipped with blockchain features.
Unlike other P2E projects, Calvaria’s game removes all barriers to entry that often scare non-crypto users away. The team hopes that the free-to-play game will act as an acquisition channel because it focuses on educating the masses.
Calvaria intends to become more than just a fun tool to amuse gamers. By turning gamers into powerful ambassadors for this cause, it aims to leverage gamification technologies to popularize and accelerate the acceptance of cryptocurrencies.
Due to the Calvaria ecosystem’s Decentralized Autonomous Organization (DAO), the RIA token will also support staking. Users can therefore earn extra tokens by simply holding them.
Like D2T, RIA saw tremendous success during its presale period and is now approaching its first CEX listing. RIA’s presale is 86% complete after raising $2.65 million.
The Sandbox Price Risk Pulling Back Before Another Northbound Breakout
Like other altcoins in the market, the Sandbox price has rewarded patient holders who endured the latest sell-off in December, which embraced support at $0.38. Recovery has been aggressive in the past few days, with SAND rallying toward $0.50.
However, the metaverse token might wait to tag $0.50, considering the resistance it faces at the 50-day EMA (in red) around $0.433. A daily close above this critical level is required to cement the bulls’ presence.
Profit booking could be one of the reasons why it may be impossible to push SAND to the upside immediately. Traders might be waiting for a minor retracement before backing another recovery attempt.
Meanwhile, the MACD presents a positive outlook that needs confirmation above the 50-day EMA for the resumption of the uptrend first to $0.50 and possibly to $0.62.
RobotEra (TARO): Connecting Metaverse Worlds
RobotEra, a Sandbox-style decentralized platform, is the best crypto to buy on January 4. The ecosystem is a metaverse but stands out from similar projects for its unique feature that links users to other metaverse worlds.
In addition to opening theme parks, concerts, museums, and other venues, RobotEra offers a shared multiverse that connects to other worlds. Several NFT communities will be supported so that users can build, share, use, explore, and trade in RobotEra.
TARO, the native token – powers the ecosystem, allowing all in-world transactions. NFTs are also supported by the robot NFT used as the users’ character in the metaverse.
Land ownership allows users to bring up assets like buildings and other key facilities while engaging in other activities like mining TARO, creating and playing games.
RobotEra’s team currently offers TARO in a presale that has raised $666k. 1 TARO is selling for 0.020 USDT, but it is prudent for investors to make haste to the presale page before the price increases to $0.025.
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