Best Crypto To Buy Today Mar 8 – LHINU, CFX, FGHT, IMX, METRO, CCHG
Best Crypto To Buy Today Mar 8 – LHINU, CFX, FGHT, IMX, METRO, CCHG
The cryptocurrency market, including Bitcoin, saw a decline after Testimony of Federal Reserve Chairman Jerome Powell before Congress on Tuesdaypointing to the need for higher interest rates to fight inflation against a backdrop of a rapid rebound in American economy of the pandemic.
As Bitcoin hovers around $22,000, marking a three-week low, what are the best cryptos to buy today?
Investors fear the Fed’s actions will erode the appeal of risky assets, including digital currencies like Bitcoin, which have seen bullish moments since the start of the year despite inflation and uncertainty. economic.
Ethereum, the second-largest cryptocurrency, also suffered declines, hitting an intraday low of $1,547 on Tuesday. It is currently trading at $1,559 with a decline of 0.18% so far today.
According to Coinmarketcap’s BTC/USD price analysisBTC’s price is currently trading at $22,158, with a trading volume of $25 billion in the last 24 hours.
Powell’s testimony and resulting market uncertainty has prompted investors to tread carefully, and the future direction of crypto markets in the weeks and months ahead is uncertain.
Given the current market uncertainty, investors are urged to exercise caution and consider both fundamental and technical analysis when choosing investment options. Based on these analyses, some cryptocurrencies including LHINU, CFX, FGHT, IMX, METRO, and CCHG may be some of the best cryptos to buy today.
Love Hate Inu is gaining popularity on social media
Love Hate Inu (LHINU) has launched a new Vote-to-Earn platform, where users are rewarded in cryptocurrency for voting and staking tokens. The platform allows users to participate in voting polls on a variety of topics, including politics, entertainment, and social issues, and earn valuable tokens for doing so.
The voting system is based on blockchain technology, ensuring the process is transparent, secure and fair. Users can purchase tokens using fiat or cryptocurrency, and the platform is designed to prevent spam and manipulation.
Love Hate Inu is built on the Ethereum blockchain and undergoes rigorous testing and auditing to ensure its security. The platform has already generated considerable interest on social media, with its fun and shareable character illustrations.
LHINU is a utilitarian meme piece, offering secure, trusted, and anonymous voting, encouraging healthy discussion on hot topics. The project aims to disrupt the online survey market by introducing the first blockchain-powered voting platform capable of recording immutable results via distributed ledger technology.
The presale of the project is divided into several stages, each lasting a week, with the next stage seeing a price increase for the LHINU token. The 90% token presale ensures that the majority of the tokens are distributed to community members who believe in the project, and the remaining 10% will be used for exchange listings.
The project has already raised an impressive amount, with the presale raising over $106,000 of the total stage one goal of $956,250. The growing interest in the project makes it one of the best cryptos to buy today.
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Conflux (CFX) is gaining prominence as a layer-1 blockchain network for decentralized applications (dApps) that require versatile and high-demand services. The platform’s in-house digital asset, Conflux (CFX), is a multifunctional coin that facilitates staking and paying fees.
In February, CFX experienced a phenomenal surge, reaching an incredible 259%, fueled by the network’s strategic partnerships with Galaxy Blitz, a renowned play-to-win game, and China Telecom, which is about to introduce blockchain-based SIM cards.
On February 7, CFX once again emerged as one of the best performing cryptocurrencies, closing with an impressive gain of 10.24%. However, CFX price was rejected at $0.2240 and it has since lost most of the previous day’s gain.
Currently, the price of CFX is trading at $0.1952, indicating a loss of 11.24% for the day. An analysis of its performance from February 13 to February 21 using Fibonacci retracement levels shows that the $0.618-0.1706 Fib could provide significant support if the price falls further.
The 0.382 Fib level at $0.2456 acted as immediate resistance as the price was repeatedly rejected between February 25 and March 1. Traders and investors are advised to exercise caution and wait for further market developments before making any decisions.
Fight Out enters the ring with a fantasy sports and fitness platform
The Fight Out platform is an innovative new way to merge the fields of fitness and fantasy sports. By allowing users to create virtual teams of fighters and bet on the actual results of fights, it creates an unparalleled level of immersion for conventional fantasy sports players.
The platform is built on the concept of movement to earn (M2E), a popular trend in the fitness industry. Fight Out takes the experience to a whole new level, merging fantasy sports with NFT avatars and giving users the ability to participate in virtual fights.
Fight Out also provides a complete fitness solution with plans to deploy Web3-powered gyms anywhere in the world. These gyms will have state-of-the-art equipment and Web3-powered features, such as digital mirrors and sensors to track workouts.
Users have the opportunity to acquire REPS tokens by completing their workouts and competing for even more tokens with other fitness enthusiasts. These tokens can be redeemed for discounts on app subscriptions, gym access, one-on-one coaching, and merchandise.
Surpassing $5.3 million so far during its FGHT token presale, Fight Out is garnering global interest as one of the best cryptos to buy today.
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Immutable X (IMX)
The price of Immutable X (IMX) cryptocurrency has recently trended steadily higher, gaining 3.52% as it bounced off the 20-day EMA yesterday and closed at $1.088. This increase in value of more than 23% from its low point this month can be attributed to the launch of Illuvium, a new interactive adventure and collectible game built on the Immutable X platform.
Despite an attempt to break out of the horizontal resistance range of $1.308-$1.076 and hit an intraday high of $1.160 earlier today, IMX fell back into the range it had been in for 19 days. IMX’s current price is $1.045, indicating a loss of 3.95% for the day.
The dynamic support of the 20-day EMA, which is currently at $1.019, may provide immediate support for IMX. Immediate resistance remains in the horizontal range of $1.308-$1.076 followed by $1.160 where price was previously rejected on February 17 and earlier today.
Metropoly is the revolutionary NFT real estate marketplace for crypto investors
Metropoly disrupts the real estate sector by offering real estate NFTs representative of real estate properties that attract investors seeking accessible investment opportunities. The platform eliminates typical investment hurdles such as credit checks, large upfront payments, mortgages, and paperwork.
Investors can receive passive income from automated lease payments, and investment management is made more accessible with real-time data and analytics. The platform’s immediate liquidity also allows investors to sell their properties instantly or participate in an auction to get the highest bid.
Metropoly’s NFTs for real estate are a unique concept in the industry, with each token illustrating a fraction of a physical property. The beta version of the platform is now available, demonstrating the company’s commitment to a better future.
Metropoly has strengthened its presence in the cryptocurrency investment community by establishing strategic partnerships with ChainAdoption, Tenset, and over 20 crypto influencers.
For crypto investors looking to diversify their portfolios, Metropoly NFTs offer an enticing choice with an entry point of just $100.
The Metropoly presale is gaining momentum, generating almost $605,000 so far.
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C+Charge: shockingly simple EV charging and carbon credits
As the demand for electric vehicles grows, there is a growing need for charging infrastructure. C+Fees launched a blockchain-based platform that provides an eco-friendly solution to this problem.
The platform’s goal is to build new charging stations while working with current ones to establish a network that allows customers to easily identify nearby charging stations and pay via the CCHG token.
C+Charge also offers its users the unique opportunity to earn carbon credits in the form of Goodness Native Tokens (GNT), which can be easily redeemed on their app.
The C+Charge presale has raised over $2.6 million so far and its symbolic price is expected to increase soon, so grab your tokens ahead of the next presale stage for the best deal.
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