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The best cryptocurrency to invest right now – TAMA, IMPT, XRP, DOGE, etc

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Finally, here is some good news for cryptocurrency investors. The momentum that the cryptocurrency market gained earlier this week began when several cryptocurrencies tried to rally while investors waited for the “Uptober” moment to abate. The rally has slowed, as evidenced by Bitcoin losing control above $20,000.

Some currencies are worth considering because they can reach new highs despite the upcoming market uncertainty. These coins consist of XRP, TAMA, and IMPT.

Tamaduji (Tama)

Currently, one of the newest cryptocurrencies to buy is Tamaduji (Tama). TAMA has completed one of its most profitable presales, raising $19 million. TAMA was listed on several exchanges after the presale expired, including OKX, BitMart, LBank, MEXC Global, and Uniswap Decentralized Exchange (DEX).

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TAMA has shown extreme volatility over the past week, similar to the majority of new coins, as shown in the chart below. The cost of TAMA fluctuated during the week between $0.064 and $0.118. After a 37% drop in just 24 hours, TAMA is trading at $0.066386 at the time of writing.

TAMA has a market capitalization of $71 million, and during the last trading day, the trading volume was $52.54 million. TAMA is currently the 318th largest cryptocurrency by market capitalization.

It is the unique strategy employed by the team behind Tamadoge that gives the coin this strong appeal. The meme currency is tamadoge. Tamadoge, unlike other meme currencies, is full of useful features. The booming play for profit market with meme currency has also been explored.

On the first of October 6 NFTs From the Tamadoge collection offered for sale via OpenSea. During the list, there were 100 extremely rare pets of Tamadoge. Pet owners can take care of, feed, train and take care of NFTs before engaging in combat with other players. In TAMA, players who succeed and climb the leaderboard receive incentives.

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TAMA will become deflationary due to the playing economy to earn the Tamaverse, with 5% of all pet store transactions removed from circulation. Pet owners can buy food, candy, and toys for their pets at the pet store.

Visit OKX to buy Tamadoge

IMPT

despite IMPT It is a very young cryptocurrency, and this did not prevent it from being considered as one of the currencies that will thrive next. Cryptocurrency is one of the best currencies to invest in, even if it has not yet received widespread support from the community due to its unique use case.

Visit IMPT presale

The IMPT project uses blockchain technology to solve the carbon emissions problem. This initiative facilitates the issuance of carbon credits while enabling users to create non-fungible tokens (NFTs).

Since it uses blockchain technology to reduce greenhouse gas emissions, IMPT is a green currency. Due to its features, it is the ideal currency to buy for environmentally conscious investors. Given its potential, IMPT could see a 50-fold increase in the coming months.

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Compared to coins and solar ledgers, IMPT is an excellent investment. Compared to the majority of Proof of Stake coins, it is also more environmentally friendly. The Ethereum blockchain runs on IMPT. With IMPT running on this network, the power usage of Ethereum has increased. After merging, it decreased by 99%.

The IMPT token pre-sale is now open. The pre-show, which began on October 3rd and has already raised over $1 million, is currently the most popular. The pre-sale is now in its first round and has a fixed cap of $10.8 million, or 600 million IMPT tokens.

Visit IMPT presale

Ripple (XRP)

This positive attitude XRP The buildup over the previous month appears to be fading. XRP has added less than 2% in value over the past week, but has lost 0.2% in the past 24 hours. XRP is currently trading at $0.492 at the time of writing.

Buy XRP

The Relative Strength Index (RSI) of 55 indicates that there is still strong buying interest in XRP. If the buying support can hold for a while, XRP could break the $0.50 barrier again. However, XRP may fall further due to the weak recovery in the larger market.

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The ongoing legal dispute between the company and the US Securities and Exchange Commission is having an impact on the long-term prospects for XRP (SEC). When the Securities and Exchange Commission (SEC) sued Ripple, the value of XRP plummeted, and it was removed from many crypto social trading sites.

Once Ripple and the SEC submit a summary judgment, the dispute may end. If the Securities and Exchange Commission declares XRP to be a token, it could go up; If the judge decides she is a symbol, she may fall.

Buy Ripple on eToro

Your capital is at risk.

Dogecoin

In our list of the best cryptocurrencies to buy now, Dogecoin It is the next parent. Dogecoin was introduced back in 2013, but until 2021 it really came to life, at least in terms of price behavior.

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Buy Dogecoin

The project started as a joke to show how simple it is to sell crypto assets to the general public, but it is still one of the greatest meme coins available. This ironic label continued until the beginning of 2021 when Tesla CEO Elon Musk became interested in Dogecoin.

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Simply put, Musk reiterated his support for Dogecoin in several tweets and public comments. In addition, Tesla now accepts Dogecoin as a form of payment for a number of its goods and services.

Buy DOGE on eToro

Your capital is at risk.

Infinity Battle

The next project on our list of the best cryptocurrencies to buy is Infinity Battle. Battle Infinity is a Mumbai-based initiative founded in the second quarter of 2022 that is working to create its own local “multiverse”. The six items that will be present in the Battle Infinity metaverse are denoted by this phrase.

Buy Battle Infinity

This includes storage pools, an NFT marketplace, a decentralized exchange, and more. Battle Infinity P2E crypto games are the main thing they sell. The IBAT Premier League is at the fore in this.

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Fantasy sports are the main focus of the P2E game. As a result, users can create a pool of athletes from sports like cricket or soccer and fight to win tangible prizes. Based on their team’s performance in actual matches, players will get points and prizes.

For example, everyone who has a cricketer on their IBAT Premier League team will succeed if they hit a century in a real game. Players will generate IBAT tokens, which are unique in the Battle Infinity metaverse, as they earn and collect more points.

buy IBAT

Bitcoin

With the greatest value and market presence, Bitcoin It is the most popular crypto asset. In 2021, Bitcoin started an extended bull run that ended in November when the digital currency crossed $68,000. Bitcoin is described by many market experts as digital gold.

buy bitcoin

When you consider that when Bitcoin first came out in 2009, you could buy it for just a few cents, that’s pretty unusual. In other words, Bitcoin has seen increases of millions of percentage points in just over 12 years of trading.

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But now that Bitcoin has entered a bear market, it has crashed most of the industry along with it. On the other hand, there is now a huge discount available for individuals who want to set up a Bitcoin position.

As of this writing, Bitcoin is still trading around its all-time high of $20,000, which it reached in late 2017. Therefore, this represents a discount of about 70% for investors compared to its most recent high of $68,000. Some researchers predict that by 2025, the price of BTC may again reach the $65,000 level.

The fact that many platforms are now offering revenue-generating services on digital assets is another point to keep in mind about Bitcoin. This means that investors can earn passive income from their Bitcoin holdings while they wait during the downturn in the market.

This is yet to be determined in terms of a possible upside. Some Bitcoin proponents believe that there is no cap on the actual value of digital assets and have medium-term goals of $100,000 per token. Soon, a 240% increase will be required to reach the $68,000 level. According to our research, the eToro Money cryptocurrency app is the best option to buy Bitcoin in 2022.

Buy Bitcoin on eToro

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conclusion

To enable investors to diversify properly, we have covered a range of projects. For example, the current tokens mentioned today include the most energy-efficient cryptocurrencies, as well as Bitcoin, Ethereum, and Dogecoin.

By allowing users to accumulate IMPT tokens until they have the necessary number of their specific carbon credits, IMPT provides a solution to one of the biggest environmental problems the planet is facing right now. Investors may continue with their usual buying process while also benefiting from the environment as a result.

IMPT is one of the best ESG-friendly cryptocurrencies now being bought for individuals wanting to join a trusted crypto ecosystem that enables both retail and corporate investors to offset their carbon footprint.

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Tamadoge – Play to Win Meme Coin

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  • Earn TAMA in Battles With Doge Pets
  • Maximum supply 2 billion, burning token
  • Now listed on OKX, Bitmart and Uniswap
  • Upcoming listings on LBank, MEXC

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LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

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The aforementioned cryptocurrencies have been fighting against bearish forces, and the signals coming from their markets at this point suggest that they might be starting to move towards higher price levels. So it is necessary for traders to identify it at the right time to make the most of these markets.

LBLOCK PRICE FORECAST: Lucky Block is starting an upward recovery

Study the LBLOCK / USD In the 4-hour market, headwinds have pushed price candles to the lower bound of the Bollinger Band and extended it. At this point, traders can anticipate that prices in this market may bounce in the opposite but bullish direction. The RSI lines used now are getting close to each other to crossover, once this happens, this will indicate an increase in bullish momentum and the price of Lucky Block will go up. Finally, the price may soon regain the $0.0002350 price level.

LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

Full Price Prediction: Tamadoge is recovering to the upside

On the Tamadoji On the four-hour chart, it appears that this cryptocurrency has managed to overcome the headwinds. This can be seen as a bullish price candle that appeared on this chart recently. Also, the RSI lines can be seen to have crossed each other’s path to indicate a change in the direction of the market. By implication, this marks the beginning of an uptrend for this market, as the price may now rise beyond $0.01700.

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LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

DEFC Price Prediction: Defi coin looks bullish on the upside

On the DEFC In the 4-hour market, we can see that the price action has moved above the moving average line recently. However, headwinds have been defeating it recently and causing some setbacks. However, the price action is still near the moving average line and some additional purchases may secure the price movement above the moving average line, and this will lead to a subsequent price increase. Also, the stochastic RSI curves are still in the overbought area. Thus, this confirms how traders could see a price increase beyond $0.06000.

LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

IBAT Price Prediction: Battle Infinity maintains bullish recovery hopes

signs out of IBAT The 4 hours chart indicates that the price action is gaining upward momentum. Recent price candles can be seen forming near the smoothed moving average line. Meanwhile, MACD lines continue to rise towards the balance point. Also, the growth of green histogram bars can be seen on the positive side of the MACD to indicate that buying activities are increasing. Hence, traders can expect a price rally in this market above $0.002200.

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Novogratz’s Galaxy Digital acquires Celsius’ GK8 in bankruptcy garage sale

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Galaxy Digital Holdings, led by Mike Novogratz, has won the bid to purchase GK8, a self-custodial platform for digital assets owned by Celsius Network — pending court approvals and certain closing terms.

According to the December 2 blog Mail From GK8 and the press Release From Galaxy, if the acquisition proceeds, Galaxy will acquire the platform team of approximately 40 people as part of the deal including cryptographic engineers, blockchain engineers, and the GK8 team office in Tel Aviv.

GK8 is a self-custodial blockchain-based asset management platform that provides custody, staking, DeFi, NFT support, tokenization and trading.

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The team behind the platform claims that it can perform secure blockchain transactions offline, which greatly reduces the risk of hacking.

Celsius Acquired GK8 in 2021 for $115 million, though Galaxy did not disclose how much it offered the company.

Galaxy founder and CEO Mike Novogratz called the acquisition “a critical cornerstone in our efforts to create a full-service financial platform for digital assets.”

“The addition of the GK8 to our flagship offering at this pivotal moment for our industry also highlights our continued desire to take advantage of strategic opportunities to grow Galaxy in a sustainable way,” he added.

Galaxy intends to support GK8’s ongoing operations while leveraging its technology to develop its GalaxyOne trading platform.

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GK8’s founders, including CEO Lior Lamesh and CTO Shahar Shami, are expected to remain with the company and lead the new Galaxy guardianship business.

“Powered by Galaxy, we aim to deliver exciting new offerings to the industry that showcase a combination of best-in-class Galaxy services, GK8 encryption and security, and unparalleled R&D skills,” said Lamesh.

Related: Mike Novogratz: Bankman Fried is “fake” and they’re headed to jail

It was below zero bankruptcy procedures Since filing for Chapter 11 bankruptcy protection On July 13 he discusses plans to sell some of his assets.

In the court filing, Celsius CEO Alex Mashinsky The company indicated it could Sell ​​the Bitcoin (BTC) mined from the mining operation to help pay off at least one of its loans and provide future revenue for the company.

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During his September 15 filing with the United States Bankruptcy Court for the Southern District of New York, Celsius asked Permission to sell its stablecoin collectibles.

Galaxy Digital was recently named in a $100 million lawsuit by institutional crypto custodian service and wallet operator BitGo for dropping its plans to acquire the company.

Galaxy terminated its May 2021 agreement to acquire the company on August 15, 2022, citing breach of contract by BitGo when it allegedly failed to deliver audited financial statements by July 31, 2022.

BitGo then revealed on September 13 that it was Seeking more than $100 million in damages, accusing Galaxy of “improper disavowal” and “willful breach” of its acquisition agreement with BitGo.