The crypto exchange announced HOOK token sale on Binance Launchpad.
BNB eyes $330 next and is a buy on a retracement
As Binance coin (BNB/USD) slipped below $266, it signalled the start of a bearish market. BNB has defended the level since July, and a decline below it could have given bears absolute control. However, it is now not the case as BNB trades at $295, well above the crucial level. The cryptocurrency could be on course to the next level. So, what happened?
The gains in BNB happened after November 23 cryptocurrency news. BNB’s price rose by 17% on the day after the exchange announced the Hooked Protocol (HOOK) token sale on Binance Launchpad. This is the 29th project launching on Binance Launchpad.
According to the announcement, the token sale will occur through a lottery and conclude on December 1. 25 million HOOK coins have been allocated to the launchpad, equivalent to 5% of the total supply.
The latest development comes even as Binance continues to reassure users after the collapse of FTX. A Thursday announcement indicated that Binance would commit $1 billion to protect firms from the crypto meltdown. The crypto exchange is committed to increasing the amount if needed and will seek to enlist traditional financial firms. The fund comes after a raft of measures to reassure users of adequate reserves amid a crypto confidence crisis.
BNB rose from a low of around $250 to a 2-week high of $303. The $266 has been re-established as the immediate support for the cryptocurrency.
A bullish MACD crossover has been initiated following the bullish push. Similarly, the RSI has moved above the midpoint, suggesting that BNB has attracted a lot of buyers after the breakout. The cryptocurrency is consolidating ahead of the next move.
Should you buy BNB now?
Buyers may not be done with BNB, with the area around $330 and $360 as the next target. However, if intending to buy BNB, wait for some correction to snap it lower. The current consolidation could force a correction before the next bullish leg.
Where to buy BNB
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
The crypto market has lost less than 1% of its value in the last 24 hours.
REN, TIME, and KAS are the top three performers despite the bearish market conditions.
Dogecoin and XRP have outperformed the other major cryptocurrencies so far today.
The cryptocurrency market will end the week in a negative manner. The total crypto market cap is down by roughly 1% today and currently stands at $827 billion. With Bitcoin and Ether all underperforming, we are looking at the top 20 best-performing cryptocurrencies in the last 24 hours.
Top 20 gainers in the last 24 hours
REN
REN is the best-performing cryptocurrency in the last 24 hours. It is up by 31% so far today and currently trades at $0.1062 per coin. REN is the native coin of Ren, an open protocol built to provide interoperability and liquidity between different blockchain platforms.
KAS
KAS is the native token of the Kaspa network. It is up by more than 15% in the last 24 hours and is the second-best performer so far today. Kaspa is a proof-of-work (PoW)cryptocurrency that implements the GHOSTDAG protocol.
FTT
FTT is the native token of the bankrupt FTX token. It is up by more than 17% in the last 24 hours and currently trades at $1.45 per coin.
Where to buy FTT now
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Another exchange token on this list is HT, the native token of the Huobi exchange. HT has added 16% to its value today and is now trading at $6.58.
Where to buy HT now
Skilling
Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.
Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.
The native token of the Mask Network is one of the best performers today, adding 16% to its value and is now trading at $3.07.
EWT
EWT powers the Energy Web ecosystem and has added 10% to its value so far today. It is now trading at $4.31.
BAL
BAL is the governance token for the Balancer Protocol, and the token can be used to vote on proposals. BAL is up by 8% in the last2 4 hours and is currently trading at $6 per coin.
Where to buy BAL now
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
The popular meme token joins the list as one of the top performers today. DOGE has added 8% to its value and the price of Dogecoin currently stands above $0.08 per coin.
Where to buy Dogecoin now
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
CHSB is the seventh-best performer in the market today and is the native coin of SwissBorg. The coin is also up by 8% in the last 24 hours and is trading at $0.23 per coin.
CEL
The native token of the Celsius cryptocurrency lending platform is also one of the top gainers this week. CEL is trading at $0.51 per coin, up by 7% in the last 24 hours.
Where to buy Celsius now
OKX
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
This is the coin of The Graph, a leading indexing protocol in the crypto space. GRT is up by 6% today and is trading at $0.062343 per coin.
Where to buy GRT now
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
CSPR is the coin of Casper network, an L1 general-purpose blockchain similar to Ethereum. The coin is up by more than 5% today and is now trading at $0.0307.
THETA
The native coin of the Theta blockchain is up by nearly 5% today. At press time, THETA is trading at $0.927 per coin.
Where to buy THETA now
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
STEEM is the native coin of the Steem network and is up by nearly 4% today. As the week comes to an end, STEEM is trading at $0.187535.
Where to buy STEEM now
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
WazirX is India’s largest crypto exchange. Started in 2018, WazirX has grown to be the most trusted exchange in the Indian crypto market. It is a part of the binance group, serving users in 180 countries.
CTC powers the Creditcoin network and is also up by nearly 4% today. CTC is trading at $0.3578 as the week comes to an end.
EOS
EOS joins the best performer list after moving by 3% over the past 24 hours. As the week draws to a close, EOS is trading at $0.94 per coin.
Where to buy EOS now
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
OCEAN, the currency of the Ocean Protocol, is up by nearly 3% today and is currently trading at $0.131 per coin.
Where to buy Ocean now
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Bitpanda is a digital assets brokerage company. It has grown to become one of the most popular crypto exchanges in the world, as it offers a user-friendly interface, it has developed a bunch of great features and it offers a variety of coins to invest in. Bitpanda has also built a reputation for security, and it has never experienced a hack of its data before.
Golem is a decentralized supercomputer that is accessible by anyone, and GLM is its native token. GLM is up by more than 1% today and is now trading at $0.223.
Where to buy Golem now
OKX
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Ripple’s native currency is the second-major cryptocurrency to join the list after Dogecoin. The price of Ripple stands at $0.40 and is up by more than 1% today.
Where to buy XRP now
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
Privacy coins like Monero and Dash provide additional security features.
Demand for these coins is expected to keep rising in the next few years.
Dash, Monero, and Zcash are some of the best privacy coins to buy.
With cryptocurrencies plummeting, some investors believe that coins that provide utility will thrive in the long term. This view explains why some privacy coins have done well in the past few weeks. For example, Dash price has rallied by 30% from its lowest level this month. Monero has also jumped by 17% in the same period. Here are the best privacy cryptocurrencies to buy.
Monero
Monero is the biggest and most widely used privacy coins in the world. Its technology makes it impossible for transactions to be tracked. It works by ensuring that the addresses that send and receive funds are anonymous by default. As we wrote in this article, it uses technologies like Stealth addresses, RingCT, and Ring Signatures.
The 4H chart shows that the XMR price has been in a slow bullish trend in the past few days. It was trading at $135.7 on Friday, which was slightly below the important resistance level at $137.02.
The coin has moved slightly above the 25-day and 50-day moving averages and the ascending trendline shown in green. At the same time, the Relative Strength Index (RSI) has moved above the neutral level.
Therefore, Monero price will likely rise if bulls manage to push it above the resistance at $137. If this happens, the next key resistance level to watch will be at $146, the highest point on November 22.
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Dash price has staged a strong comeback this month. At its peak, the coin was up by more than 42% from the lowest point this month. For starters, Dash is a privacy coin that is one of the easiest to use.
It is a proof-of-work coin that uses Masternodes that enable solutions like InstantSend, CoinJoin, ChainLocks, and governance. Each Dash Masternode is required to put at least 1,000 coins in their wallet. PrivateSend makes it possible for people to send money anonymously.
Dash crypto price surged this week as demand for the coin rose. As it rose, it moved above the resistance at $38.1. It remains above the 25-day and 50-day moving averages. Recently, however, the coin has pulled back. Therefore, if you want to buy Dash, you should wait until it retests the support at $38.1. It could resume the bullish trend after doing that.
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
Zcash is another popular privacy coin. It uses a complex technology that gives users the ability to select their privacy levels. In 2022, the developers introduced unified addresses that are generated from a set of multiple Zcash address types such as transparent, sapling, and orchard. As a result, transactions will move coins by default to the latest shielding pool supported by the wallet.
The four-hour chart shows that the Zcash price recovered slightly recently. It rose to a high of $44.22, which was its highest point on November 8. It has now retested the important support at $42, which was the highest level on November 14. Therefore, the coin will likely resume the bullish trend since it has formed a break and retest pattern.
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
When Facebook, the single most popular social media platform, rebranded itself as Meta and entered into the metaverse sphere, it signaled a major shift towards a metaverse-centric future.
Since then, popularity in the metaverse has been steadily building itself into an opportunity with awesome potential. With the advancement of Web3, the landscape of the internet is dramatically changing and the metaverse is undoubtedly growing.
Expected to surpass 50 million users by 2025, with NFT transactions within the metaverse increasing from 600,000 in 2022 to over 9 million in 2027, the metaverse has emerged as clearly one of the best investment opportunities in the world, with a number of top metaverse crypto projects climbng up the ranks.
Top Metaverse Crypto Projects for 2023
2023 promises to be a memorable year in the advancement of the metaverse, with multiple projects, enhancements, and ideas taking shape into what will be the building blocks of the future of the internet.
Some of the top metaverse crypto projects for 2023 and beyond include:
Metacade (MCADE) – Community Organized GameFi Hub
Decrentraland (MANA) – Virtual Land Builder
SandBox (SAND) – Virtual Gaming World
Pavia (PAVIA) – Gaming orld Builder
Ertha (ERTHA) – Gaming wereld met een plot
Solice (SLC) – VR Gaming System
Wizardia (WZRD) – Play2Earn RPG
Axie Infinity (AXS) – NFT Based Blockchain Powered Game
Top Metaverse Crypto Projects Reviews
Metaverse Play to Earn projects share similarities in that they are all virtual worlds based on the blockchain and all use tokens that their playerbase can purchase or possibly earn as digital assets. These digital assets hold value based on the, size, utility, and popularity of the project, with the more popular holding higher value. Here we will discuss the differences between these projects and which have the best opportunities to gain the most value within the GameFi metaverse.
1. Metacade (MCADE) – Tops This List, Community Organized GameFi Hub
One of the top metaverse crypto projects to invest in right now is the virtual community hub, Metacade. Metacade, as the name implies, will be a completely decentralized metaverse arcade, with a variety of Play to Earn games developed for and chosen by its community.
Seeking to be a space where gamers can learn everything GameFi, chat in real time about top games, write reviews, and vote on which game developers receive grants to turn their ideas into reality, the platform is shaping up to take its place as the ultimate GameFi destination in the metaverse.
Metacade is one of the newest metaverse crypto projects, but nevertheless appears to have some real utility supporting the platform’s concept. By focusing on destroying the barrier between gamers and developers, as well as publishing the results in its arcade library – Metacade is looking to dominate the future of the industry.
With its presale still in beta – and still underway, we’re looking at a potential jackpot in the making, as one of the best value opportunities to get in on right now. Other metaverse crypto projects have already taken off, but if you want in on the ground floor of the next big one to enter the metaverse, look no further than Metacade.
>>> You can participate in the Metacade pre-sale here <<<
2. Decrentraland (MANA) – Virtual Land Builders Unite
Opened to the public in 2020, Decentraland, if you couldn’t guess from the name, sells decentralized plots of land within a shared virtual world. Users can explore, play games, interact with other users, and buy and sell digital real estate within the Decentraland universe. Users must purchase the MANA token, used as in-game currency to buy parcels of land and other virtual goods and services.
As a customizable virtual space, the main draw of Dencentraland is the users’ ability to create their own customizable experience within their purchased land parcel. This includes unique names and wearables for users’ avatars, which can also be traded between users or bought and sold with the MANA token. Decentraland has emerged as one of the top metaverse crypto projects since its inception, though daily user ratings have fallen sharply, making some question the value of its rather pricey land plots.
3. SandBox (SAND) – Virtual Gaming World With VR Elements
The next top metaverse crypto project is Sandbox, a virtual gaming world built on the Ethereum blockchain where users can own, create, govern, play, and earn with their gaming skills. Like with Decentraland, Sandbox users can purchase plots of virtual land with the platform’s token, SAND. They can then use one of three integrated products to either create and animate 3D objects, upload and sell their creations on a virtual marketplace, or build their own 3D games.
Like Metacade, Sandbox has sought to put control of their games directly into the hands of their users, instead of large production companies. The success of this transfer of power will be the building block for new metaverse spaces such as Metacade, which can avoid the ups and downs Sandbox has gone through.
As many cryptocurrencies try to rebound from the crypto crash of 2022, tokens related to virtual games such as Sandbox have pulled back greatly from their highs as users struggle to justify the prices Sandbox and others had reached before the crash.
4. Pavia (PAVIA) – Next Generation Gaming World Builder
Pavia is another virtual world builder, this one on the Cardano blockchain, which boasts a more eco-friendly cryptocurrency than ones such as Ethereum. Like with Decentraland and Sandbox, users purchase virtual plots of land they can then build on. Users create unique avatars that can interact with other user avatars to buy and sell their virtual creations, or to rent out their land for the PAVIA token.
Being a relative newcomer to the metaverse, Pavia land plots are cheaper than those of Decentraland or Sandbox, and many aspects of the game are still in development. Released in January 2022, Pavia hasn’t seen the value of their tokens drop as steeply as others, though they have still fallen from their high of nearly $0.09 to around $0.01.
The timing of Pavia’s release, right before the crypto crash, demonstrates how new metaverse crypto projects like Metacade can be successful by starting after the crash. While many tokens have lost as much as 99% of their value due to the crash, those beginning after it can take advantage of the atmosphere to continually rise in value.
5. Ertha (ERTHA) – Plot Based Gaming World
Like virtual world builders Decentraland and Sandbox, Ertha is a metaverse crypto project where users can build and create on their own virtual plot of land. Unlike other world builders, however, Ertha has a plot to the game. In it, humanity is on the verge of extinction after a climate apocalypse with users needing to rebuild the world from the ground up. This unique mixture of virtual creation and plot are making Ertha one of the top crypto metaverse projects for 2023.
It shares similarities with other decentralized virtual platforms, like its own currency token (ERTHA), the ability to explore, create, and buy and sell those creations for ERTHA tokens. The plot keeps the game more on track than those where there is no plot and creation is for no other reason than to do it. Unfortunately for Ertha, it also fell prey to poor timing, releasing just before the crypto crash, which decimated its token’s value. It is still an example of how new metaverse projects that are focused can become more successful than ones that aren’t.
6. Solice (SLC) – A VR Gaming System Built on the Blockchain
Solice, run on the Solana blockchain, is the first cross platform virtual reality gaming metaverse. As such, it offers users the unique opportunity to play to earn within a complete VR world. The point isn’t much different from other open world decentralized world builders like Decrentraland and Sandbox. You still purchase plots of land with their currency token (SLC), then build, play, and socialize with other users, having the ability to buy and sell virtual goods. The difference is that this is done all in a VR world.
The advantage is that you can get a more immersive feeling within this top metaverse crypto project, exploring a completely virtual world in many ways you would the physical one. The downside is that you will need a VR headset, which can cost hundreds, if not thousands of dollars. This makes Solice a unique, but expensive journey into the virtual metaverse.
7. Wizardia (WZRD) – Play2Earn RPG Fantasy and Magic
Wizardia is a play to earn RPG (role playing game) where users collect NFTs in a plot based metaverse crypto project. The goal is to create your character, level them up, and upgrade your gear as you try to become the ultimate wizard. The game offers not just a beautiful visual style, but fierce PvP and PvE battles where users must use strategy as well as strength to climb up the leaderboards of the game’s top wizards.
As a plot based RPG, Wizardia offers a goal based virtual world which can be more attractive than simple metaverse world builders. Its currency token (WZRD), like others, can be used to buy, sell, and upgrade both your avatar and your gear, allowing you to earn as you play. Unfortunately, also like some others on this list, Wizardia’s tokens have lost a tremendous amount of value since the crypto crash and are nowhere near rebounding as in-game prices adjust.
8. Axie Infinity (AXS) – NFT Based Blockchain Powered Game
If you’re familiar with Pokemon, you’re sure to understand another of the top metaverse projects, Axie Infinity. A blockchain powered online video game developed by Sky Studios, Axie Infinity combines the gameplay of Pokemon with the play to earn ability of other metaverse games. Using the currency token AXS, users purchase and collect axolotl-inspired creatures affectionately referred to as Axies. Players then build up their Axies and battle them against the Axies of other users. Players can also buy, sell, or trade them to other users, with a transaction fee charged by the studio.
Axie Infinity combines the uniqueness of a creature centric world with play to earn opportunities, though the extreme popularity of the game has fallen dramatically, as has the value of their tokens, since the 2022 crash. Still, the remaining value of their tokens demonstrates how a focused, community based metaverse crypto project can succeed in a crypto universe rebuilding from a crash.
Investment Opportunities Abound for 2023
With the advancement of Web3, top metaverse crypto projects should continue to see their popularity and success increase as we enter 2023. Some have already carved out their place in the metaverse, some are just beginning providing great investment opportunities.
As new metaverse crypto projects like Metacade come into their own after avoiding the crypto crash, they’re poised to see nothing but gains as the GameFi industry is set to become the next Apple or Amazon in terms of scope. Building on the success of past metaverse projects, Metacade seems to be pulling out all the stops to push beyond the bounds of other, more limited projects to become one of the top investments of 2023, and one that you definitely won’t want to miss out on.
Luckily, Metacade is even in presale right now – with 1.4 billion MCADE tokens (70% of total supply) going out over 9 stages, and an increase in token price as each stage gets filled. Just now there’s a blisteringly hot early bird deal at 125MCADE for only $1, but that drops way off in the 8th stage to just 50MCADE for $1 so, time is of the essence if you’re looking to really crush it in 2023!
You can participate in the Metacade pre-sale here.
XRP is the best performer amongst the top 10 cryptocurrencies by market cap.
The rally comes after Ripple revealed that STASIS had integrated its XRPL technology.
XRP could surge toward the $0.50 resistance level in the near term.
XRP outperforms the other major cryptocurrencies
XRP is performing excellently today despite the broader cryptocurrency market likely to end the week in a negative manner. The native coin of the Ripple ecosystem has added more than 8% to its value so far today. At press time, the price of XRP stands at $0.4059 per coin.
The positive performance comes after Ripple revealed in a blog post on Thursday that STASIS—which issues the largest euro-backed stablecoin, EURS—has integrated the XRPL.
Ripple pointed out that its XRPL provides easy on and off-ramps for developers, institutions and consumers to unlock new stablecoin use cases.
XRP’s rally comes as the broader crypto market sheds off some of its gains. The total cryptocurrency market cap stands at $827 billion, down by less than 1% today. Bitcoin is trading at $16,461, down by 0.8% in the last 24 hours, while the price of Ethereum is down by 1.6% and currently trades at $1,181 per coin.
Key levels to watch
The XRP/USD 4-hour chart is bullish as Ripple has been outperforming the broader cryptocurrency market over the last 24 hours.
The MACD line is above the neutral zone, indicating that XRP is bullish at the moment. The 14-day relative strength index of 63 shows that XRP could be heading into the overbought region if the rally continues.
With the bulls now in charge, XRP could surge past the first major resistance level at $0.46977 before the end of the day. However, it would need the support of the broader crypto market to rally toward the $0.5067 resistance level for the second time this month.
The broader market is bearish, and that could affect XRP’s performance in the near term. If that happens, XRP could dip toward the $0.3742 support level over the next few hours.
Where to buy XRP now
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. OKX takes customer security very seriously, they store almost all of their clients‘ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.
