Best Crypto to Buy Today March 7 – FGHT, MANA, CCHG, GMX, TARO, RIA
The the cryptocurrency market has seen minimal activity and weak performance in recent days as US regulators continue to target crypto companies and fiat onramps and offramps to crypto are disrupted. Meanwhile, crypto and other risk asset markets are reacting to Jerome Powell’s less than bullish comments to Congress on economics and interest rate policy.
How might this affect the selection of the best cryptos to buy today?
Bitcoin and Ethereum have seen declines of 1.02% and 1.05% respectively today, bringing their prices to $22,338 and $1,561.
As the market reacts to ongoing economic releases, investors and traders eagerly await upcoming economic data and Fed policy updates. Powell is scheduled to speak before the House Financial Services Committee on Wednesday, which could lead to further market action.
Several analysts have warned that negative headlines have dampened market optimism and that the worst is not yet over, with any reversal potentially leading to a significant correction.
CryptoQuant analysts have released data suggesting that the current funding rates for digital assets are indicative of a bearish market, indicating that further declines may be imminent.
Although some Federal Reserve members prefer to remain at the current 25 basis point increase, other policymakers are willing to consider higher increases. According to CME’s FedWatch toolthe chances of a 50 basis point increase on March 22 are estimated to be about 29%.
Yet the impending employment report on Friday could drastically change this picture and render previous forecasts irrelevant.
Investors in the cryptocurrency market are currently in a state of uncertainty, with the Federal Reserve’s future monetary decisions and economic indicators likely to have a significant impact on the market’s direction.
As a result, it is now more critical than ever for investors to carefully consider both fundamental and technical analysis when choosing investment options.
According to these analyses, several cryptocurrencies including FGHT, MANA, CCHG, GMX, TARO and RIA appear to be among the best cryptos to buy today.
Battle against a knockout combination of fitness app and fantasy sports
Fight Out is a new and exciting way to get involved in the world of fighting and training. This innovative platform allows users to create virtual teams of fighters and bet on the outcome of real battles. It’s a new spin on traditional fantasy sports games, and it’s one that’s sure to capture the imagination of sports fans and fitness enthusiasts alike.
The platform is built around the move-to-earn (M2E) concept, which is becoming increasingly popular in the fitness industry. Fight Out takes this concept to a whole new level, combining it with a fantasy sports game to create an integrated fitness and training platform.
One of the key features of Fight Out is the ability to allow users to participate in virtual matches with their own NFT avatars. This adds a new level of excitement and engagement to the fitness app experience, as users can see their training and achievements reflected in the performance of their avatar.
Fight Out also offers a comprehensive training solution, with plans to launch Web3-powered gyms worldwide. The gyms will have state-of-the-art equipment and services, as well as Web3-powered features such as digital mirrors that show the user’s fitness profile and sensors that track workouts for ongoing advice and insight.
Users can earn REPS tokens by completing workouts at home or in a gym and can also compete with other users for more tokens. These tokens can be redeemed for discounts on app subscriptions, gym memberships, personal training sessions and merchandise.
In addition to the training features, Fight Out also offers a variety of fun and addictive games with both PVP and PVE modes. Users can pay $FGHT to participate in leagues, tournaments and special competitive modes to win glory, titles and claim the lion’s share of prize pools.
Overall, Fight Out is an innovative platform that brings together the worlds of fighting, fitness and fantasy sports. With its cutting-edge technology and comprehensive approach to fitness, it is sure to be a hit with sports fans and fitness enthusiasts worldwide.
With its FGHT token presale breaking the $5.25 million mark and continuing to rise, Fight Out is undoubtedly one of the best cryptos to buy today before launch.
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Decentralized Land (MANA)
Decentraland’s MANA cryptocurrency has recently experienced a shift in market sentiment as various indicators suggest a possible change in momentum. Although the cryptocurrency saw an impressive 152.24% rally in token price in January, it has faced several rejections at the $0.80 resistance level since then.
Over the past two weeks, sellers have gained traction, indicated by the subsequent lower highs formed by the price action. While MANA posted a gain of 5.93% and closed yesterday’s candle at $0.6109, it is currently trading at $0.5886 with a loss of 3.65% today.
Buyers now face a significant challenge, as the resistance at the 100-day EMA at $0.61 may be challenging to overcome. A break below the critical support level of $0.5620 to $0.5769 indicates a possible shift to a sustained bearish trend, with prices potentially falling to the next support level of $0.4468 to $0.4587.
Overall, while there are some signs of bullish momentum, it may not be sustainable in the long run. The market structure remains bearish, with lower highs and lower lows since February 20. Investors and traders should exercise caution as there is a possibility that the recent bullish move could be a trap.
However, if macroeconomic conditions improve and MANA finds support, it could still be a good buy again in the near future.
C+Charge: Solution to power your electric car and your wallet One of the best cryptos to buy today
C+Charge is transforming the charging experience for electric cars with its blockchain-based platform. As more people use electric vehicles, the demand for charging infrastructure increases. C+Charge’s innovative approach offers a sustainable solution to this challenge.
The company plans to build new charging stations while partnering with existing ones, creating a network that enables customers to quickly find nearby charging stations and pay with the CCHG token. The blockchain technology behind CCHG ensures transparent and efficient payment processing, and the platform’s app provides real-time information on local charging options and vehicle diagnostics.
C+Charge is not just a charging and payment platform; it also gives electric car owners the opportunity to earn carbon credits in the form of Goodness Native Tokens (GNT). These tokens represent verified voluntary carbon credits that can be traded on the app.
Through its partnership with Flowcarbon, C+Charge enables electric car owners to earn carbon credits every time they charge, providing a unique opportunity for electric car owners to contribute to the fight against climate change while charging their vehicles.
C+Charge’s pre-sale is divided into eight stages, with each stage lasting one week. The project’s CCHG presale has raised over $2.5 million so far, and the next presale stage will see the token’s price increase.
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GMX.IO (GMX)
GMX, the official tool and governing symbol of the decentralized crypto exchangeexperienced a significant price increase of 5% after yesterday’s candle close.
Investors have been attracted to GMX’s focus on derivatives trading, leading to steady growth in the ecosystem. The recent increase in GMX’s token price reflects the platform’s potential for growth and development.
A Fibonacci retracement level plotted in its last swing shows that the cryptocurrency bounced off the Fib 0.236 level at $65 on March 4, followed by two consecutive green lights on March 5 and March 6. Earlier today, the GMX Fib retested 0.5, reaching an intraday high of $73.34.
As of now, the token is trading at $70.23, with a loss of 1.65% so far today. GMX appears to be facing some resistance around 20-day EMA levels, currently at $71.37. Support levels can be expected at Fib 0.382, at $69.56, followed by the subsequent dynamic support of the 50-day EMA at $66.34.
Build your dream world: RobotEra unleashes your creativity
RobotEra is an upcoming metaverse game project that allows players to participate in creating and managing their own world. The project will offer a fully immersive gaming experience where players can acquire resources, manage their land, create robot companions and participate in the creation of a new world.
What makes RobotEra stand out is its use of decentralized features that allow players to truly own their assets, be it their land, robots or resources. The use of non-fungible tokens (NFTs) ensures that each asset is unique and can be freely traded or leased.
This means that players have full control over their assets and can monetize them however they see fit.
The platform also features a shared world that connects players’ unique lands, opening up endless possibilities for theme parks, concerts, museums and more. This creates a cooperative and interactive environment where players can work together to create a truly unique and engaging metaverse.
Another exciting aspect of RobotEra is the use of the Web3 gaming experience that allows players to earn money in various ways, such as growing “sacred trees”, selling NFTs, advertising, staking tokens and more.
RobotEra also boasts an easy-to-use editing tool that allows players to add unique details to their creations without requiring any coding skills. The editor allows players to build production factories, dig for components and power blocks on their land to create robot companions, and construct buildings or decorations using item blocks.
This allows players to express themselves in the metaverse, creating works of art or high-tech assets.
Don’t miss this opportunity to be one of the first investors in TARO, RobotEra’s crypto token that is fast approaching $1 million raised during the pre-sale. This digital coin has been identified as one of the best cryptos to buy today to take advantage of prices before they increase significantly with stage 2.
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Calvaria (RIA): Duels of Eternity Changing the Web3 Game
Calvaria: Duels of Eternity is an upcoming blockchain-based battle card game that gives players the opportunity to participate in strategic tournaments with unique characters, each with their own strengths and weaknesses.
The game stands out from others in the genre with its commitment to decentralization, allowing players to truly own their in-game resources and assets with the freedom to buy, sell and trade as they wish.
One of the game’s primary benefits is that it eliminates barriers to entry, as players are not required to make any financial commitments or possess a high level of technical knowledge. Upon joining the game, players will receive free NFTs to start building their decks.
At the center of the Calvaria ecosystem is the $RIA token, which serves as the main currency of the game’s economy. Each purchase will contribute 10% to the stake pool to maintain financial stability, with the rest going to the prize pool.
Using blockchain technology, Calvaria: Duels of Eternity promises to transform digital gaming by offering true ownership of game resources and cutting-edge technology. It offers a new level of value and engagement for players that sets it apart from its peers.
To invest in RIA, players can do so now on exchanges such as BKex, LBank and Uniswap. As the game’s launch date approaches, excitement continues to grow for the unique and innovative experience that Calvaria: Duels of Eternity will offer.
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