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Best Crypto To Buy Today March 2 – FGHT, MKR, CCHG, CFX, TARO


Best Crypto To Buy Today March 2 – FGHT, MKR, CCHG, CFX, TARO

On Thursday, the crypto market experienced a significant downturn following distress signals from Silvergate Capital, a leading banker in the digital asset industry. Bitcoin price is down 1.99% in the last 24 hours and currently stands at $23,269.

The existential threat to Silvergate, a federally insured U.S. bank, poses a risk to the financial system and has fueled renewed calls for SECOND crypto regulations. With such turmoil in the markets, what are the best cryptos to buy? Today?

Silvergate delayed filing its annual report with the Securities and Exchange Commission and recently sold stocks at ridiculous prices to avoid a bank run. As a result, it posted a loss of $1 billion in the fourth quarter. As a precaution, Coinbase Global has stopped making payments to and from Silvergate.

This crisis at Silvergate has the potential to have a big impact on the crypto market given the bank’s role as a mediator for crucial transfers between exchanges and market makers. Many altcoins are hardest hit by the crisis, with EthereumCardano and Polygon dropping 2.3%, 3.5% and 3.8% respectively.

Given the recent fall in the crypto market, it is important to assess both the fundamentals and the technical aspects of cryptocurrencies when considering investment options. Based on this analysis, FGHT, MKR, CCHG, CFX, and TARO appear to be some of the best cryptos to buy today.

Fight Out packs a punch with custom NFT avatars and token rewards

The upcoming Move-to-Earn Fight Out project brings an interesting twist to the fitness app market with cutting-edge Web3 technology and Move-to-Earn (M2E) technology. The fitness industry has struggled with high dropout rates and a lack of motivation, with half of new gym members quitting within six months, according to IHRSA. The COVID-19 pandemic has only exacerbated these challenges.

Fight Out aims to address these issues by providing custom NFT avatars that display fitness stats, personalized workout plans, and motivation through REPS token rewards that can be redeemed for merchandise, gym memberships, and more. sports and app subscriptions.

The company plans to launch its first gym equipped with Web3 technology in the fourth quarter of 2023, with digital mirrors showcasing user profiles and sensors monitoring workouts for personalized advice.

Additionally, Fight Out should dominate the Web3 combat sports market with its fantasy betting platform. Users can create their own fantasy fight rosters and enjoy betting on matches against peers or strangers.

Fight Out’s Metaverse platform will also allow fans to compete with each other and against top athletes, creating a complete fitness app solution.

Investors can enjoy bonuses of up to 63% during the presale, as the FGHT token has already raised over $5 million. With its multi-faceted approach, including M2E, media, masterclasses and training guides, Fight Out is positioned to become a top player in the crypto market, making it one of the best cryptos to buy today.

Visit Fight Out now

ManufacturerDAO (MKR)

MakerDAO, a leading DeFi protocol, has offered to allow users to borrow its DAI stablecoin using its MKR governance token as collateral. This proposal, which is part of Rune Christensen’s “Endgame” plan, has raised concerns among some in the crypto community. Nonetheless, MakerDAO remains one of the leading DeFi lending protocols with over $6 billion in total value locked. The proposal, if successful, could increase MKR’s liquidity and adoption. MakerDAO plans to introduce a new governance module allowing users to vote on the proposal.

Despite the market downtrend affecting most cryptocurrencies, MakerDAO’s MKR governance token saw a 19% increase in the last seven days, outperforming the global crypto market and other cryptocurrencies based on Ethereum. Over the past month, the price of MKR has increased by more than 40%.

The recent rollout of reduced borrowing fees on March 1 by Maker DAO has boosted MKR trading volume by more than 200%, driving more interest in Maker’s borrowing offers and increasing on-chain activity. At the time of writing, MKR is trading at $888, down 4.12% for the day, with a trading volume of $168.27 million, an increase of 164.32% over the past 24 hours.

Despite the downtrend, MKR is trying to maintain its weekly gains and emerges among the top weekly gainers in the current sell-off. In the near term, the crypto is likely to continue to retrace, with support possibly found in the $822-$838 range and immediate resistance at $930.

From Watt to Wallet: C+Charge’s Innovative EV Solution Makes It One of the Best Cryptos to Buy Today

C+Charge is a new blockchain-based platform that offers an innovative solution to the charging and payment experience for electric vehicle (EV) owners. With the growing demand for alternative energy solutions to meet the growing adoption of electric vehicles around the world, the need for reliable charging infrastructure has become an urgent concern. C+Charge’s revolutionary platform aims to solve this problem and provide an optimal experience for owners of electric vehicles.

C+Charge plans to work with existing charging stations while building new ones, allowing customers to quickly find nearby charging stations and pay with the CCHG token. The blockchain technology behind CCHG ensures transparent and efficient payment processing. The platform app also offers real-time information on local charging options and vehicle diagnostics.

Additionally, owners of electric vehicles using C+Charge will receive Goodness Native Tokens (GNT) in the form of carbon credits, representing verified voluntary carbon credits that can be redeemed on the app. These tokens are backed by major venture capital firms such as a16z Crypto and Invesco.

Thanks to its partnership with Flowcarbon, C+Charge allows owners of electric vehicles to earn carbon credits in the form of GNT with each recharge. The platform offers a universal, easy-to-access payment system that does not require expensive point-of-sale equipment. Drivers can simply use the CCHG token to pay, giving fleet managers a way to monitor and troubleshoot issues with particular payment stations.

C+Charge’s app offers EV drivers a reliable way to find operational and available stations, as well as track carbon credits, provide seamless payment for multiple platform integration options and stations easily accessible geolocated charging stations.

The carbon credit industry is expected to grow to $2.4 trillion by 2027, and C+Charge’s platform is expected to expand access for electric vehicle drivers. As climate change continues to be a critical global issue, C+Charge’s platform aims to reduce the impact of carbon emissions and help mitigate the impact of climate change.

C+Charge has divided its pre-sale into eight stages, each lasting a week. So far the project has raised over $2 million and in less than 5 days the price is expected to rise, making this the perfect time to grab some tokens and solidify CCHG as one of the best cryptos to buy Today.

Visit C+Charge now

Conflux (CFX)

Conflux Network’s CFX token jumped 22.43% during Wednesday’s candle close, boosted by DWF Labs’ $10 million funding round. The investment company has purchased a significant number of CFX tokens from the Conflux Foundation, which will be unlocked over time to meet the growth demands of the project. This funding will allow the Layer-1 blockchain network to expand its user base and advance its technology stack.

The CFX is currently trading at $0.222 and the 0.382 Fib level at $0.2458 has acted as resistance for the past few days. Yesterday’s move was not enough to break through resistance and today’s retracement could see the cryptocurrency retest Fib 0.5 at $0.2083 with the 20-day EMA also as a potential support at $0.1956.

With the recent fall in the cryptocurrency market, traders are advised to wait for price action to establish support before entering a trade.

Conflux’s partnerships with China Telecom and Little Red Book may also have contributed to the uptrend. The company is collaborating with China Telecom to create a blockchain-enabled SIM card, which could be the largest blockchain hardware product in the world, accommodating many users and applications.

Enter RobotEra: A New Era of Gaming

RobotEra, a future metaverse crypto project, is set to raise the bar in the web3 gaming space with its sandbox-like world-building metaverse. With the freedom to collaborate with other players to create anything they can imagine, RobotEra ushers in a new era of interactive and immersive gaming experiences.

The platform offers a shared world that connects players’ unique lands, opening up endless possibilities for theme parks, concerts, museums, and more.

The story of RobotEra takes place in the Taro Alpha Galaxy, where players will become robots with human thoughts and emotions. With the last Aboriginal survivor gone, the robots will bring a new civilization and a brighter future, restoring the planet to its former glory.

The Metaverse consists of seven distinct factions, each with their own set of attributes and benefits. Players can customize their terrain, mine resources, and create their own robot companions to help them explore and thrive in this new world. Robot companions have a unique appearance that can be customized through the robot editor and each robot companion is an NFT, and they can be freely traded or rented.

RobotEra is currently holding a presale for its upcoming crypto metaverse project. Players who participate in the presale will have the opportunity to acquire Robot NFTs and Ground NFTs, which can be used in the game’s ecosystem. The presale offers players the chance to enter the ground floor of this exciting new project and to be among the first to explore the metaverse and create their own unique world there.

Don’t miss the chance to invest in RobotEra’s TARO token presale – it’s quickly reaching the $1 million mark, but there’s still time for you to get your tokens at a discount before it enters in stage 2 and prices do not increase.

Visit RobotEra now

Joanna Swanson

Joanna Swanson is Europe correspondent at the Thomson Reuters Foundation based in Brussels covering politics, culture, business, climate change, society, economies and inclusive tech. With specific focus in breaking news, she has covered some of the world's most significant stories.