In the past twenty-four hours, the price of bitcoin has dropped 1.8% to $23,171. This is because the cryptocurrency market is waiting for the Federal Reserve’s decision on interest rates on Wednesday, which is expected to be the start of the next big market move. Now that you know this, what are some of the best cryptocurrencies to buy right now?
Most analysts expect a rate hike of 25 basis points, but investors will pay close attention to any signs that the Fed might be willing to be more flexible. For example, if the Fed talks about stopping rate hikes in March or even lowering rates at some point in 2023, this would be a good sign.
Analysts think that Bitcoin will settle down before the FOMC decision, and a bad result at the Fed meeting could lead to a significant correction. Other cryptocurrencies, like Ether, are also going down today. Smaller cryptocurrencies, like Cardano and Polygon, are doing worse.
In the middle of a volatile market, investors are looking for deals on things they might want to buy. MEMAG, MINA, FGHT, MANA, and CCHG could be good cryptos to buy today based on technical and fundamental indicators.
With their innovative “Web3 Gaming Guild,” Meta Masters Guild (MMG) wants to bring a new guild focused on the community to the Web3 gaming scene. The guild wants to bring gamers together through a decentralized community based on an exciting metaverse world. MMG intends to use blockchain technology and different kinds of mobile games from different genres to make a fun platform that not only entertains players but also helps them connect with each other and solves modern gaming problems.
MMG will offer a library of interconnected games from different genres, as well as non-fungible tokens (NFTs) and cryptocurrency as rewards. MMG rewards players for their hard work and dedication by giving them MEMAG currency and the ability to control multiple game features. The open economy system lets players turn their digital items into Gems, which they can then trade for real money or non-fungible tokens (NFTs) in any of the games that will be on the platform.
To get the Web3 gaming platform up and running, the team is making Meta Kart Racers, a racing game with two ways to play: Player vs. Player and single-player, both of which can be played on mobile devices.
MMG is working on a few more Web3 games that will be added to its Meta Masters Guild ecosystem. Crypto investors have been lining up to take part in MMG’s MEMAG token presale. In just two weeks, an impressive $2.1 million has already been raised, and prices will go up in the next presale stage, which starts in a few days.
From yesterday’s close, when the price of MINA went up by 20.1%, Mina has kept going in a crazy direction. At one point today, it went up by another 22%, reaching its intraday high of $0.948. But as of this writing, the cryptocurrency is only up 7.88% and is trading at $0.835, while the cryptocurrency market as a whole is falling today.
At the moment, the price is trading above the range of resistance, which is between $0.773 and $0.815. This is where the price was turned away from in November 2022. If the cryptocurrency is able to close above this area, it means that this area could now be used as support. The first thing that stands in the way is a 6-month high of $0.991 from August 2022.
The recent rise in the price of Mina can be traced back to the launch of the OpenMina node browser. This idea promises to make the network more decentralized and secure by making node operation easier. This fits with Mina’s plan to use cryptographic proofs to build a blockchain architecture that is more efficient and easy to use.
With their new gym chain and Web3-based app, Fight Out wants to give move-to-earn apps and the fitness industry as a whole a contemporary twist. The target of the project is to create a unique sense of community while also making customized workout plans for each user’s needs.
Those who stick to their health goals with the M2E app and contribute to the community will be rewarded with REPS tokens. This will not only encourage users to get involved but also keep them on track with their goals. This app is being made by a team with a lot of experience that has passed CoinSniper’s strict screening process.
Future gyms from Fight Out will have interactive features like personalized mirrors and sensors for exercise guidance and feedback. This will make going to the gym more fun and engage users with a “digital avatar” tied to NFT that will level up as they reach their fitness goals.
By investing in Fight Out’s presale event, investors can get a head start on the next big thing in fitness apps. Those who invest more than $50,000 can get bonuses of up to 50% off right now.
Already, more than $3.6 million has been raised. This shows that the project is gaining a lot of interest as its launch date gets closer, making it one of the best cryptocurrencies to buy right now.
08 Mar 2023
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