Best Crypto to Buy Today February 13 – MEMAG, SOL, FGHT, MINA, CCHG
The cryptocurrency market is going through a period of instability as regulatory fears lead to a decline in the overall crypto market cap. According to Coinmarketcap, the global cryptocurrency market has fallen below the $1 trillion market cap and currently stands at $987 billion. With this macroeconomic backdrop, what are the best cryptos to buy today?
In recent years, the $1 trillion market cap has been a significant psychological level for investors, as a move above it tends to attract attention and bring institutional players to the area. Recent losses have been fueled by Bitcoin (BTC)which has fallen below $22,000, nullifying the push towards regaining the $25,000 mark.
Bitcoin is currently trading at $21,841 with a daily loss of 2.34%. Despite the losses, it is still up over 30% on the yearly chart and has a market cap of $417.206 billion. Other large assets, such as Ethereum (ETH)XRP and Cardano (ADA), are also experiencing a correction.
The current downturn in the crypto market is probably due SEC’s recent focus on staking activities, which has led cryptocurrency exchange Kraken to discontinue its digital asset products in the US, while paying a $30 million settlement to the SEC for violating investment regulations.
The SEC has also announced its plans to sue stablecoin issuer Paxos, alleging that Binance USD (BUSD) is an unregistered security.
With rising concerns about inflation and higher interest rates, investors are increasingly wary of riskier investments like Bitcoin, putting pressure on the market. This week’s January inflation data will be of particular interest to investors as they continue to monitor market developments.
Investing in the crypto market during a market dip can be a challenge, but it is also often one of the best times to take positions as most coins are discounted. However, in times of market correction and consolidation or bull markets, it is always wise to focus on cryptocurrencies with strong fundamentals and/or technical analysis indicators.
Some of the best cryptos to buy today are MEMAG, SOL, FGHT, MINA and CCHG.
Meta Masters Guild’s unique Web3 Gaming Guild makes it one of the best cryptos to buy today
With the continuous launch of new Web3 games and platforms, it is becoming increasingly clear that the future of gaming is moving towards decentralization and player empowerment. The Meta Masters Guild (MMG), a Web3 gaming guild and mobile gaming ecosystem supported by a metaverse, is quickly positioning itself as a key player in the growing Web3 gaming landscape.
MMG has generated significant pre-launch interest, with the pre-sale of the MEMAG token quickly selling out stage by stage, and the final phase of the pre-sale now live.
The company’s partnership with leading game studio Gamearound is also generating excitement, especially with the announcement of the launch of Meta Kart Racers in Q3 2023.
One of the key features of MMG is the use of Non-fungible tokens (NFTs) to allow players to own parts of the games they play. The creation of a native NFT marketplace will allow users to trade in-game assets. MEMAG will serve as a means of settlement throughout the MMG ecosystem, and will also have governance and enforcement functions.
The web3 gaming market is predicted to grow to $104.5 billion by 2028, and MMG is looking to capture part of that growth. The company’s focus on high-quality games over other crypto-hype-driven Web3 games and pay-to-progress games sets it apart from other play-to-earn platforms and highlights its commitment to delivering a truly engaging and immersive gaming experience.
With a clear roadmap and high potential for success, MMG is poised to become a thriving gaming ecosystem in the rapidly growing GameFi market. Investors looking to get in on the action can visit the MMG website to purchase MEMAG using either ETH or USDT. The pre-sale has so far raised over $4.3 million, ensuring a well-funded launch and making it one of the best cryptos to buy today.
Visit the Meta Masters Guild now
Solana (SOL)
Solana (SOL) has seen a lot of movement in recent months. After a 94% drop in 2022 due to its connection with FTX, Solana has made a strong comeback in 2023, with a YTD gain of 103.11% at the time of writing.
Solana is taking steps to improve its blockchain network, with issues plaguing the network in 2022. The crypto is close to releasing updates that will limit network outages, and is consolidating its ecosystem, with 83% growth in developers on its blockchain. Solana is also looking to make the blockchain more attractive for investment, which will help boost the weak TVL numbers.
The founders of Solana recently released a report showcasing future Web3 projects in its ecosystem. These initiatives include new mobile networks, publishing platforms, DeFi platforms and physical hardware such as the Saga “cryptophone”.
Solana is currently trading at $19.81 with a loss of 7.82% for the day. The 20-day exponential moving average (EMA) for Solana is at $22.15, the 50-day EMA is $20.62, and the 100-day EMA is $21. This indicates that the short-term bias for SOL may be bearish.
The Relative Strength Index (RSI) for Solana is 42.28, indicating a neutral market trend for the cryptocurrency. Volume for Solana is 5.443 million today so far, with the previous day’s volume at 4.625 million, and the moving average volume is at 5.221 million.
The immediate resistance level for Solana is $27, while the immediate potential support is at the Fib 0.382 level, located at $19.66. A break from this level could potentially push prices all the way down to the Fib 0.5 level, which is at $17.44. Traders and investors alike are advised to monitor this important support level closely in the coming days.
Fight Out is a leader in technological training
The fitness industry is undergoing a technical overhaul and Fight out is set to take the lead. This innovative platform combines cutting-edge technology with first-class fitness centers, offering guests a personalized fitness experience.
Fight Out stands out with its incentive-driven, community-oriented training approach. The M2E app rewards users with REPS tokens for reaching fitness goals, combining financial rewards with friendly competition and community support. This imaginative method provides a more engaging training experience compared to traditional options.
Fight Out’s gyms are also a big innovative departure from standard gyms. Equipped with advanced technology, including fitness tracking and real-time training tips, these facilities will offer a highly individualized experience. This combination of technology and customization will be a significant advance in fitness apps and physical gyms.
Fight Out has also secured the support of elite athletes such as UFC’s Amanda Ribas and former WBO middleweight champion Savannah Marshall, who will host educational events and boost the project’s profile as part of the project’s ambassador program.
Investors can take advantage of Fight Out’s bonuses of up to 50% for investments over $50K in the pre-sale. FGHT tokens have already generated over $4 million in the presale, making them one of the best cryptos to buy today.
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Mina Protocol (MINA)
The Mina Protocol (MINA) has recently seen a significant increase in price, rising 46.68% in two days last week. The reason for this increase is attributed to the adoption of zk-SNARKs by Binance.
This technology ensures confidentiality and security of information during backup proof verification, making the Mina protocol a player in the growing trend towards zero-knowledge proof.
The Mina protocol’s zero-knowledge (ZK) technology enables one party to prove the validity of a transaction to the other without revealing any information. This feature makes the Mina protocol the lightest blockchain available, with its design and autonomous computing capabilities putting it at the forefront of the industry.
The popularity of ZK technology has grown since late 2022, when Polygon (MATIC) announced the launch of its zkEVM solution. This has only been amplified by the upcoming releases of zkSync and StarkWare’s rollup and tokens, adding to the positive sentiment surrounding ZK technology and driving up the prices of related tokens, including MINA.
On Saturday, MINA’s price attempted to break through the resistance range of $0.976 to $0.998, closing at a price of $1.128. However, the price was quickly met with selling pressure the next day and returned to trading below key resistance levels.
At the time of writing, MINA’s price is at $0.909 with a loss of 9.37% for the day. With the EMAs quickly catching up to the current price, traders can anticipate a potential pullback from the 20-day EMA at $0.822 in conjunction with the previous horizontal support levels.
If MINA succeeds in retracing the $1 price level, the next potential target is the psychological resistance level of $1.50 for a potential 50% move to the upside.
C+Charge takes responsibility for innovation in the electric car market
C+Charge, an upcoming peer-to-peer payment system and EV charging station app, will be a boon for EV owners. The platform aims to solve the problem of insufficient charging infrastructure in the growing electric car market and offer a convenient and transparent payment and reward system for electric car owners.
The increased popularity of electric cars has led to a global shift towards green energy solutions. The European Automobile Manufacturers’ Association (ACEA) has reported a 12.1% increase in sales of electric cars in the EU. However, the current charging infrastructure has not kept pace with this increase in EV ownership and is plagued by inefficiencies and a lack of price transparency.
C+Charge’s innovative solution is to construct charging stations and work with existing ones while making payments more transparent, easier and secure.
Not only does C+Charge simplify the payment process, but it also rewards EV owners with carbon credits in the form of Goodness Native Tokens (GNT). These tokens, backed by venture capital firms including a16z and Samsung Next, represent a verified voluntary carbon credit and can be traded with C+Charge’s app.
The C+Charge Presale Phase 1 has successfully completed, raising over $1 million with the CCHG token. The token’s price is next set to rise by another 10.3% in stage 3 of the presale.
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