Best Crypto to Buy Today 12th January – MEMAG, AVAX, FGHT, NEAR, CCHG, FLOW, RIA, AXS, D2T
The cryptocurrency market has risen by a healthy 3% in the past 24 hours, teaching a total cap of $922 billion as investors optimistically await fresh US inflation data. Its current level represents a 7.5% increase in a week and a 3.5% rise in a month, as the 2022 bear market gives way to some New Year bullishness.
While the market as a whole has done well today, a variety of altcoins have performed particularly well, beating averages. This articles compiles them in a list of best crypto to buy today, while also including a number of exciting new tokens holding their presales and/or about to list on exchanges.
Meta Masters Guild (MEMAG)
Having launched its presale yesterday, Meta Masters Guild has raised more than $50,000 in its first 24 hours, revealing significant market excitement for the new play-to-earn crypto games platform. In particular, it’s a mobile-focused gaming guild that will develop a range of Web3 and play-to-earn games, starting with Meta Kart Racers, which is due in the second quarter of the year.
Its sale will have a total of seven stages, with the first — and current — stage offering 1 MEMAG for $0.007. This price is due to increase by 42% next week, while it will incrementally rise to $0.023 by the seventh stage, meaning that the earliest investors will see a 228.5% from the get-go.
Interest parties in participate in the sale by heading over the official Meta Masters Guild website and connecting their Wallet Connect or MetaMask wallets. MEMAG can be purchased with either ETH or USDT.
AVAX is up by 22% in the past 24 hours, amid the news that Avalanche has partnered with Amazon Web Services. At $15.20, it’s also up by 25% in a week, 35% in a fortnight, and by 17% in the last 30 days.
AVAX’s chart shows two things: 1) increased momentum and 2) plenty of space to continue rallying. Its relative strength index (purple) has shot above 70, indicating increased buying momentum, while its 30-day moving average (red) still has yet to rise above its 200-day average (blue).
While AVAX remains grossly undervalued and should catch up with its ‘true’ value sooner or later, the main reason for its rally over the past 24 hours is that Avalanche has announced a partnership with Amazon Web Services. Yes, AWS will use the Avalanche protocol to develop enterprise blockchain solutions for business and governments.
This is a massive win for Avalanche, with AVAX likely to continue witnessing gains as its blockchain attracts further adoption.
Fight Out (FGHT)
Running on Ethereum, Fight Out (FGHT) is a platform that aims to take the move-to-earn concept to its next logical step, mixing real-life workouts with Web3 and the metaverse. It will track and reward a much wider range of workouts than earlier M2E platforms, including boxing, weightlifting and yoga, while also offering a range of in-app and IRL courses at its own branded gyms.
Its token sale opened in December and has already raised over $2.8 million, with 1 FGHT currently selling at $0.0166. The sale is due to end by Q2 2022, which is when it will list on exchanges and also when its app will launch.
Near Protocol (NEAR)
NEAR has gained by 11% in the past day, reaching $1.78. This is a 15% rise in a week and a 35% increase in a fortnight, with NEAR also up by 10% in the last 30 days.
As with AVAX, NEAR’s indicators show a big increase in momentum AND plenty of space for a significant rebound. As such, NEAR’s rally today could continue for more than a few days, at least from a technical standpoint.
For the most part, NEAR is rallying on the back of the Near Protocol’s organic growth and development. This includes upgrades to its official wallet, as well as the launch of new dapps and integrations.
Such steady growth indicates Near’s potential for further expansion and adoption, with the platform already boasting total value locked in of some $77 million. This is impressive for a relatively new protocol, and suggests that NEAR could have a profitable year as its utility token.
Focused squarely on ESG-minded investors, C+Charge (CCHG) is a peer-to-peer payment network for electric vehicle (EV) charging stations. Based on BNB Chain, it has the overarching aim of using blockchain and crypto to widen access to carbon credits, with its native CCHG set to be used within its network by EV owners to pay to charge their vehicles.
In addition, C+Charge will also reward users with NFT-based carbon credits for charging their EVs at its stations, giving people an incentive to go green. It has also already signed partnershps with Flowcarbon and with Perfect Solutions Turkey, adding 20% of the EV chargers in Turkey to its network.
Its token sale began in December, with 1 CCHG available for $0.013.
At $0.829530, FLOW has jumped by 5% in the past day, as well as by 13% in the last seven days. It is, however, down by 13% in a month.
FLOW’s chart indicates that it’s due a big rally, especially given how low its RSI was at the end of the year. And with its 30-day average still well below its 200-day, today’s upwards movement could last for a while yet.
The altcoin’s jump today comes after Flow announced it’s partnering with Crypto Slam, the world’s first multi-chain NFT data aggregator. This is expected to help Flow-based apps in terms of onboarding and customer support, while also paving the way for further collaborations.
On top of this, Flow has recently been updating its consensus algorithm to make it more resilient and stable, something which will improve overall usability and reliability of its blockchain.
Taken together, such developments show that Flow is a layer-one blockchain to watch, especially with its emphasis on eco-friendliness and Web3.
Calvaria is a play-to-earn battle card game that has just recently entered the final stage of its token sale, having raised over $2.7 million so far. This means there are only 12% of the available RIA coins remaining, with the token due to list on such exchanges as LBANK Exchange and BKEX Global in the next few weeks.
Available on PC and mobile app stores, Calvaria is interesting in that it doesn’t require cryptocurrency to play. This makes it more accessible than pre-existing blockchain-based games, and could open it up to a much wider audience than its rivals.
The game itself is due to launch in Q2 2023, with its world set in a mythical afterlife. Characters will be animated in full 3D, while players will have the ability to earn and upgrade the collectible cards used to battle with different factions in the game’s universe.
Axie Infinity (AXS)
AXS is currently priced at $7.75, representing a 6% gain in 24 hours. It also represents a 15% increase in a week, although the altcoin is up by only 0.2% in the last 30 days.
Down by 95% since its all-time high of $164.90 (set in November 2021), AXS is arguably due for a big recovery, even if Axie Infinity has lost some of its popularity as a game in the past couple of years.
Despite seeing its user counter dwindle, and despite the notorious Ronin bridge hack from last March, developer Sky Mavis has been taking steps to improve Axie Infinity in various ways.
This includes the release of Axie Infinity: Homeland in December, providing players with a new farming-themed extension of the core Axie Infinity gameplay. It also includes the launch of Axie Infinity: Origins Season 2, which arrived yesterday and should help attract more gaming hours from users.
Dash 2 Trade (D2T)
With its native D2T token listing for the first time yesterday, Dash 2 Trade is a trading intelligence platform that will launch by the end of this quarter. Based on Ethereum, its innovative dashboard will provide real-time analytics and social trading data, giving investors pretty much all the resources and tools they could possibly need to inform and improve their trading.
Having raised over $15 million in its sale, D2T has now listed on Gate.io, with BitMart, Changelly Pro, and LBANK Exchange also listing the coin.