[ad_1]
2022 has been a tough year for the cryptocurrency market. Bitcoin’s value has fallen by more than 74% since its peak in November 2021, and most other cryptocurrencies have lost even more value during this time.
However, this is not the first time cryptos have suffered such a blow. In fact, this is Bitcoin’s fourth crash of at least 70% in its nearly 14-year history. After each of these prior crashes, Bitcoin and the broader crypto market rebounded and became much larger than they were before the market crash.
In other words, even though most people buy cryptos when prices are high and sell when they are low, bear markets are actually the best time for investors to start taking positions, ideally through the through dollar cost averaging or pre-sale purchases.
Below are some of the best cryptos to buy today, December 8, some of which are on presale:
IMPT.io (IMPT)
IMPT.io, a carbon offset and climate change initiative, is about to complete its token presale after raising over $16.1 million in two months. The presale looks to be raising a lot more before it ends on December 11 with over $1 million raised in the last 24 hours alone.
The project connects users to hundreds of environmental projects around the world, working with thousands of well-known retail brands that donate a designated portion of every sale on the platform to the projects.
The IMPT token will be listed on the exchange at $0.0253, which is 10% higher than the final presale price. Exchanges LBank and Changelly have already confirmed the listings, with seven more stock market listings currently underway.
IMPT.io allows users to be rewarded with NFT-based carbon credits for their purchases from affiliate brands, which they can then sell or use to cash out/burn for one-time rewards.
Not only do shoppers receive IMPT tokens when they make a purchase, but a portion of their spend will also be donated to an eco-friendly project that fights climate change. Unwithdrawn credits can also be traded on the IMPT market.
IMPT’s state-of-the-art platform has already partnered with major brands such as Netflix, Microsoft, Amazon, Samsung, Macy’s, and Dominos.
Visit IMPT now
Trust Wallet Token (TWT)
TWT is currently up almost 8% today, trading at $2.62 per coin at the time of writing. Last week’s gains of 21.88% from $1.99 to $2.429 allowed TWT to continue its growth this week.
Trust Wallet, a wallet app that lets users own their digital assets, saw its native token, TWT, soar after Binance CEO CZ reminded the cryptocurrency community in a tweet that self-guard is vital after the fall of FTX.
As TWT continues to advance, support is established at the low of the current $1.84-$1.93 range, and traders are advised to adjust their strategies to implement trailing stops just in case. the price would increase further.
Trade Dash 2 (D2T)
Crypto traders and investors are excited about the upcoming launch of Dash 2 Trade, a new trading and analytics platform that is expected to launch soon.
Due to the recent FTX scandal, Dash 2 Trade has seen renewed interest in its tools that help detect crypto scams. As a result, the team announced that their platform would launch earlier than originally planned and the token presale would be cut short. Originally, 665 million D2T tokens were going to be sold over 9 stages of the presale, but that was reduced to just 4 stages with 262.5 million tokens made available.
The soon-to-be-launched platform will include the following features:Buy/sell trading signalsSocial sentiment analysisOn-chain analysis to identify trending coinsSocial trading tools that make it easy to try out new strategiesCrypto scores from presale to evaluate crypto presales
Most functions of Dash 2 Trade will require the use of D2T tokens, which should lead to high demand for the token. So far, the D2T token presale has raised $9.1 million and 68% of the tokens have been sold.
The Dash 2 Trade beta pre-sale dashboard will be released shortly. In preparation for its release, the site was recently updated with new visuals, including dashboard images and a side-by-side comparison matrix showing Dash 2 Trade’s features against its competitors. You can also find out more about the team behind the project on the website now.
Visit Dash 2 Trade now
GMX (GMX)
As people turn their attention to other decentralized exchanges in the market, GMX, the native token of the GMX DEX, is another coin that has benefited massively from the FTX fiasco. GMX had a great week last week, opening at $43.12 and closing at $59.12, for a total gain of 23.54%. GMX currently sits at $53.57, down 1.42% for the day so far.
As the cryptocurrency slows its potential upward movement, the price has seen a retracement at the 0.236 fib level and the $50 support zone this week. Current resistance is $60 with the next possible target set at the $66 Fibonacci Extended level for 13% upside potential.
Skull (RIA)
Calvaria: Duels of Eternity is an NFT battle card game that allows players to earn rewards as they play. The game is becoming popular with crypto investors who see huge potential in its unique game mechanics and potentially addictive gameplay.
In Calvaria, players use cards representing different characters in an afterlife-themed realm made up of three factions. Each character has unique abilities and a 3D character model that takes over the battlefield when the map is played.
The game will have both a free-to-play and a play-to-earn version, with a focus on integrating players from the free to paid version by showing them the potential to earn rewards and to get involved in the business community. .
NFTs can be purchased and traded using RIA tokens on the game’s internal market. Those who hold the digital asset have governance power over the game’s Decentralized Autonomous Organization (DAO). Additionally, the token can be staked by those who wish to passively generate additional income.
An experienced team of developers are currently working on the game, using the Polygon network to create an immersive game-to-win and NFT trading experience. The game has already garnered support from a growing community of investors, raising $2.4 million in its pre-sale with only 23% of tokens remaining on the $3 million goal. The developers are ending the presale earlier than originally planned, with only 150 million tokens available instead of 300 million.
Visit Calvaria now
|
Sources 2/ https://news.google.com/__i/rss/rd/articles/CBMiWGh0dHBzOi8vY3J5cHRvbmV3cy5jb20vbmV3cy9iZXN0LWNyeXB0by10by1idXktdG9kYXktOC1kZWNlbWJlci1pbXB0LXR3dC1kMnQtZ214LXJpYS5odG3SAQA?oc=5 The mention sources can contact us to remove/changing this article |
[ad_2]