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The much anticipated 2023 bull run is yet to start. Sadly, instead of witnessing a bull run, the cryptocurrency community witnessed the SEC come after exchange giants.
A lot has happened since our best crypto to buy now updates of yesterday, and we’ll share some of them below. However, Bitcoin has lost again. After gaining over 4% yesterday, the coin is down by 1.5 % in less than 24 hours. Likewise, the global coin market cap dropped by 1.4%, putting the price at $1.1 trillion.DeFt still maintains its 7% share of global cryptocurrency volume.
Global Market Cap Chart
Overall, the cryptocurrency market is experiencing a protracted bearish rally. Coin prices continue to dwindle between booms and bursts. At the moment, investors favor small-cap coins despite their volatility. Presale coins are also gaining traction as investors consider more ways to hedge their bets.
Best Crypto to Buy Now
Talking about presale coins, our list of the best crypto to buy now contains some of the hot presale coins that could help traders battle the bearish pressure forcing down the prices across the board. Some of the presales included below are gearing up for claim and exchange. Invariably, now is the best time to hop on board and benefit from the initial upward trend.
1. Deelance DLANCE
DLANCE is predictably an impending ticket to the next iteration of freelancing. Freelancing is at the stage where neither the freelancer nor the employers control how they work or what they earn. The current structure puts the ultimate control in the hands of the freelancing platform. Sadly, these platforms do not just make it difficult to work, but they also take cuts of up to 20% from the earnings of freelancers. Besides that, they still charge employers for using the platform.
As a blockchain solution, Deelance is out to bridge the freelancing gap and return the earning power to freelancers and employers. It leverages blockchain technology to build a truly decentralized marketplace for freelancers. It offers its values namely the NFT marketplace, metaverse platform, and a recruitment platform.
Important Announcement DeeLancers! 🔈👨💻
We are reverting back to our previous website UI. We have taken into consideration the importance of maintaining a familiar and user-friendly interface.
In addition, users who purchased using BNB or BUSD BEP20 on the BSC network can claim…
— DeeLance (@deelance_com) June 7, 2023
With the NFT market palace integration, freelancers and employers can decide who owns the right to intellectual property. This initiative may finally put a rest to the persistent intellectual property rights issues that are common on freelance platforms.
Investors looking to jump on presale opportunities should consider buying DLANCE. It is by far the best crypto to buy now in the presale category. One reason is that it comes with an inbuilt utility. At the moment, buying now could serve as a way to de-risk your portfolio in the seemingly bearish market. Right now, the crypto coin goes for $0.038, and its launch price is set at $0.057. In a matter of days, it’ll be ready to hit the ground running. Visit Deelance presale.
2. XDC Network XDC
XDC has gained 1091% in its lifetime. This utility token may have gone under the radar for quite some time now as its price started falling in the early days of this year. It leverages hybrid blockchain to develop platforms for dApp projects. The token is used for transactions within the network. Part of the goal of the platform is to provide a truly decentralized platform for users. In addition, too, it seeks to create a platform that resolves the fees problem of more established blockchain, without compromising security and speed.
“SBI VC Trade has integrated XDC Network, creating new opportunities for network usage and adoption in Japanese markets.”
This partnership will “…help us to deploy blockchain-based use cases like trade finance, payments, & tokenization.” – @riteshkakkad 🤝… pic.twitter.com/oklhoRfl15
— XDC Foundation (@XDCFoundation) May 31, 2023
Things began to take a more positive turn when SBI VC Trade partnered with the platform. The coin gained a sharp price increase and quickly returned to its trend. Nonetheless, the token took an upward trend today despite the protracted dip it has endured over the past year.
However, with the current liquidation pressure going on in the market, hybrid networks like XDC are beginning to enjoy increasing demand and we’ve seen the effect in its price movement. In the past 7 days, the price has been down by 7.8%. However, it made a brief recovery a few days ago and peaked at $0.38. This morning, we’ve seen the coin taking an upward turn as the market becomes bearish.
Given the bearish behavior of the market, now might be the best time to look into utility coins as the demand for the coin might continue to remain on the rise until the market takes a more positive turn. Possibly, XDC might be the best crypto to buy now due to the possibility of the market favoring utility coins shortly.
3. AiDoge AI
With its launch date still set for June 19th, AiDoge Army continues to drive traction for the AI-backed cryptocurrency. From an investor perspective, the coin demonstrated immense resilience in its presale phase. It went through 20 stages of presale in 28 days. That’s approximately 1 phase daily. Predictably, if AiDoge brings such momentum to the market, it’s unimaginable the result it would generate. As a presale coin, it successfully built a community of over 35k raving fans. A community that grew by almost 2k in the last seven days. With just 11 days to AiDoge claims and exchange listing, now might be the best time to buy.
Despite the skepticism around the rise of meme coins, AiDoge is taking a different approach. It’s blending two different technologies: Artificial intelligence and blockchain technology. It aims to give the growing meme fan base a chance to enjoy what they already love. Not only that, AiDoge is out to reward them for doing so.
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Secure your spot today while you still can! 🌟👉 https://t.co/5j5tt4smcs#MemeCoin #Presale #Crypto #Web3 pic.twitter.com/LFBTsV6Z5k
— aidogecrypto (@aidogecrypto) June 7, 2023
Currently, among the AI-backed meme cryptos AiDoge is the best crypto to buy now. First, it’s already created a utility for its token before it launched. Secondly, the volume of raving fans it has raised for its token provides a good chance that it hits the ground running. Investors who are looking towards hedging their risk at this time of bearish run should consider buying as the price is still relatively low at $0.0036. It might be the only time in its history that the price would be that low. Visit AiDoge presale.
4. Launchpad XYZ – LPX
With the SEC coming after crypto houses, now is the time for investors to hedge their funds with low-risk small-cap coins. However, it’s difficult to successfully de-risk an investment portfolio without accurate information about the market. Launchpad XYZ offers to help beginner and intermediate investors analyze the market and identify a project with immense ROI potential. Despite being a meme coin, it creates its utility by integrating trading education and automation into its network.
Looks like #memeseason is coming to an end . Likely we see a rotation into #DeFi . We’ve started to recalbrate the #LPQ algorithm to find some opportunities for you all.
— Launchpad.xyz (@launchpadlpx) June 7, 2023
Even though there’s a massive decline in the rave around meme coin, the Launchpad presale is gathering steam. It has raised almost a million dollars in presale funding and is headed for $1,7 million. Consequently, its price is set to climb to $0.46 in the coming weeks. While that might still be a long way from the launch price of $0.0565, it might be the best time to join the proposal and buy when it’s still at its low price.
Do we think LPX is the best crypto to buy now? Our unwavering answer is yes, especially for beginner traders who hope to have a deeper insight into the trading market as the coin grants you access to trading insight supplied by the Launchpad platform. Furthermore, the platform aims to offer access to trading information about many of the web3 assets. According to its white paper, the project is built to host over 10 million users in its lifetime. It shows the immense opportunity for growth and dominance that’s ahead of the project. Visit Launchpad XYZ presale.
5. Stacks STX
Stacks has been on and off the gainer’s list recently due to the price fluctuation across the market. However, is Stacks the best crypto to buy now? The answer to this lies in the performance of the Bitcoin blockchain. Stack is a smart contract layer for the Bitcoin blockchain. The Bitcoin blockchain wasn’t built for decentralized applications. Crypto projects like Stacks stepped in to scale the platform for the new wave of DeFi and dApps. With Stack, bitcoin holders can use bitcoin as asset settlement across the blockchain.
At inception, stacks enjoyed wide adoption in its early stage which forced its price to move up by up to 200%. However, with increased competition from other layer two projects STX has since weakened and slowed down. Notwithstanding, we’re seeing traces of improving price movement.
A revolutionary trustless system on native #Bitcoin
⭐ @btcstartuplab @LiquidiumFi Founders discuss their Bitcoin Ordinal DeFi protocol.
👇 Become one of the next Bitcoin startups by joining the Startup Lab bootcamp 1/2 pic.twitter.com/Mng95w6Yvi
— stacks.btc (@Stacks) June 7, 2023
Over the past 24 hours, the price has moved between 1% and 1.4%. Being a settlement token, it’s likely that the price will continue in that range for a while because of the liquidation going on across the Bitcoin network. Investors should keep an eye on stacks, just as they hope for a BTC bull run because an upward trend in bitcoin price is likely to cause a reaction in the price of STX.
6. EOS (EOS)
EOS is a decentralized network that is built on the blockchain. It was built to facilitate the development, hosting, and execution of decentralized apps on a commercial scale. The asset is used to rent and buy access to the EOS network bandwidth and its storage space. The asset is equally used to participate in the decentralized POS network governance and network operations. It equally serves as a value account on applications based on EOS.
The EOS token currently sells at $0.88 while it rose by 3.86% in the last 24 hours. It is an encouraging feat to investors who might have considered it at some point.
“In the coming months, the team of #ENF is going to unveil more community-driven programs to make building on #EOS even more attractive for dApps developers of all types” – @Utoday_en
Read the full coverage 👇https://t.co/XcoF9CSMkB
— EOS Network Foundation (@EOSnFoundation) June 8, 2023
Its other utilities include support for the major functionalities that let individuals and businesses create their decentralized applications. This is usually in ways that are identical to the ways web apps are typically created. Some users have gone as far as comparing it to the way Apple’s App Store and Google’s Play Store work.
EOS token holders can stake their tokens so they could take part in different processes. Users who stake their EOS tokens can vote and make decisions that would change the software’s laws or take part in validating the blockchain. The token can equally be used to carry out transactions on the platform. The platform has the capacity to support 1 million transactions every second.
Interested investors should visit eToro for the next cryptocurrency to explode. This is simply the right time to buy the asset.
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