Best Crypto to Buy Now November 27 – Storj, Dogecoin, The Graph

Crypto traders are always on the hunt for the best cryptocurrencies to buy on any given day – we list some high potential coins in this post.

In the recent 24-hour period, the total cryptocurrency market capitalization has experienced a marginal decline, contracting by -1.42% to reach $1.43 trillion. Concurrently, the overall 24-hour trading volume within the cryptocurrency market has notably increased by 39.88%, totaling $222.45 billion.

Best Crypto to Buy Now

Within the decentralized finance (DeFi) sector, trading volume currently stands at $5.16 billion, constituting 10.74% of the total daily cryptocurrency market volume. The continued significance of DeFi in the market is evident, given its emphasis on decentralized protocols and financial services.

1. Dogecoin (DOGE)

Coinbase International Exchange is expanding its cryptocurrency offerings by introducing Perpetual Future Contracts for Dogecoin (DOGE) on December 30. This strategic move is part of Coinbase’s broader goal to diversify its portfolio, which includes cryptocurrencies like Bitcoin, Ethereum, and XRP. It is specifically designed to cater to the needs of non-US clients amid regulatory complexities. 

The decision to include DOGE aligns with Coinbase’s overall strategy for global market expansion and commitment to compliance. 

Analyzing Dogecoin’s recent performance reveals several noteworthy aspects. The coin has traded above its 200-day moving average for 19 of the past 30 days. Dogecoin also demonstrates high liquidity, reflected in its market cap.

DOGE’s present price is $ 0.081211, with a 24-hour trading volume of $ 1.37B and a market cap of $ 11.53B. Its market dominance stands at 0.81%, and over the last 24 hours, the DOGE price increased by 3.71%. Additionally, DOGE peaked on May 8, 2021, hitting an all-time high of $ 0.738595. On the other hand, its lowest point was recorded on May 7, 2015, at $ 0.00008547. 

🚀Dogecoin On The Moon Update🌕

Exciting news for the Dogecoin community!🌑

Astrobotic plans to send a physical Dogecoin to the moon in the DHL Moonbox via ULA’s Vulcan Centaur Rocket on 12/23/2023. Funded by our community in 2015, this mission embodies collective effort! pic.twitter.com/QESz4ikHln

— Dogecoin (@dogecoin) November 16, 2023

The current sentiment analysis indicates a bullish outlook for Dogecoin, with the Fear & Greed Index at 66 (Greed). Dogecoin currently has a circulating supply of 142.00 billion. Its yearly supply inflation rate stands at 7.03%, which resulted in 9.33 billion DOGE in the last year. Market ranking shows Dogecoin holds the second position in the Proof-of-Work Coins sector, the first in the Meme Coins sector, and the seventh in the Layer 1 sector. 

2. Maker (MKR)

MKR is valued at $1,508.75, indicating a 3.59% uptick intraday. The 24-hour trading volume sits at $225.27 million, contributing to a market cap of $1.47 billion. Within the DeFi coins sector, Maker holds the 6th position and 13th in the Ethereum (ERC20) Tokens sector.

⚡️ @sparkdotfi just expanded its debt ceiling from Maker by deploying an additional 400 million DAI, giving users a doubled borrowing capacity.

The first batch of 20 million is already in.

→ https://t.co/NTHYoxIXUe pic.twitter.com/CHhMZINp0P

— Maker (@MakerDAO) November 21, 2023

Tracking its price history, Maker peaked on May 3, 2021, reaching an all-time high of $6,244.44. Conversely, its lowest point was on Mar 16, 2020, at $171.27. Since the last cycle low, Maker’s price ranged from $503.28 to $1,635.29 in the recent cycle. Maker has seen a commendable 131% increase in the past year, outpacing 82% of the top 100 crypto assets. Furthermore, the Fear & Greed Index currently sits at 66, signifying a prevailing state of greed.

Technically, Maker is trading above its 200-day simple moving average, indicating a positive trend. Over the last 30 days, there have been 15 green days, constituting 50% of the observed period. Moreover, out of a maximum supply of 1.01 million MKR, 977,631 MKR are currently in circulation.

In summary, Maker has exhibited substantial growth over the past year, demonstrating resilience against market fluctuations. Nevertheless, as with any investment, thorough research is crucial, and potential risks should be considered.

3. The Graph (GRT)

Over the past year, The Graph (GRT) has demonstrated impressive performance in the crypto space, capturing attention. With a remarkable 135% surge in its price during the last year, GRT has outpaced 83% of the top 100 crypto assets.

In addition, GRT is riding above its 200-day simple moving average, signaling a positive trend in its price trajectory. This aligns with its consistent positive performance relative to its token sale price. GRT has experienced 18 positive trading days in the last 30, constituting 60% of the observed period.

The liquidity profile remains robust, boasting a substantial market cap of $1.41 billion and a 24-hour trading volume of $147.18 million. The coin’s market dominance sits at a respectable 0.10%. Furthermore, GRT is priced at $0.151104, reflecting a 1.50% uptick in the last 24 hours.

A new roadmap. A New Era of The Graph 🗺️

The Graph’s new roadmap introduces a bold and transformative vision for the future of The Graph! The new R&D roadmap details an expansion of The Graph’s ability to serve web3’s growing demands for data access, while better serving… pic.twitter.com/PtdBLZeBkx

— The Graph (@graphprotocol) November 7, 2023

Reviewing historical price dynamics, GRT reached its zenith on February 12, 2021, at an all-time high of $2.87. However, its nadir was recorded on November 22, 2022, at $0.051894. 

In the broader market landscape, The Graph holds the 15th position in the Ethereum (ERC20) Tokens sector and secures the 2nd spot in the AI Crypto sector. The current sentiment for The Graph’s price prediction is bullish, reinforced by a Fear & Greed Index reading of 66 (Greed).

4. Storj (STORJ)

Storj is currently valued at $0.721203, with a 24-hour trading volume of $91.00M. It holds a market cap of $275.62M and commands a market dominance of 0.02%. Over the last 1 month, the STORJ price experienced an increase of 80.95%.

On March 28, 2021, STORJ reached an all-time high of $3.86. Its lowest point was on March 13, 2020, at an all-time low of $0.048397. Meanwhile, the lowest price reached was $0.195598 (cycle low), while the highest post-cycle low price was $0.954854 (cycle high). The sentiment on Storj’s price prediction is neutral, with a Fear & Greed Index reflecting a 66 (Greed) value.

Storing and distributing data without hidden fees and no minimum contracts is what we do. Our globally distributed data model means you can get enterprise grade storage without costly multi region duplication. https://t.co/GDvVTLusjR#DistributedData pic.twitter.com/yhldZjzCuJ

— Storj (@storj) November 16, 2023

Furthermore, 382.17M STORJ out of a maximum supply of 425.00M STORJ is currently in supply. Storj has demonstrated a significant 111% increase in price over the last year, outperforming 77% of the top 100 crypto assets during this period. 

The asset is trading above its 200-day simple moving average and has witnessed 17 green days in the last 30 days, accounting for 57% of the observed period. Storj holds the 50th position in the Ethereum (ERC20) Tokens sector and ranks 55th in the Layer 1 sector. 

5. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix is a platform that tokenizes cloud mining, allowing everyday individuals to engage in decentralized Bitcoin (BTC) mining. The platform’s primary goals are to increase transparency and reduce centralized control in the mining process. The staking pool for Bitcoin Minetrix has attracted significant interest, with over 400,000 BTCMTX tokens currently staked. 

Exploring #BitcoinMinetrix! ⛏️

Revolutionizing decentralized $BTC mining, we’re reshaping cloud mining using #BTCMTX #Tokens, ensuring utmost security and transparency.

Simplified like never before! 🌐🔒 pic.twitter.com/7viEwF044L

— Bitcoinminetrix (@bitcoinminetrix) November 27, 2023

The project is gaining attention within the cryptocurrency community, boasting an annual percentage yield (APY) of 103,225%. Despite being in its early developmental stages, Bitcoin Minetrix has experienced noteworthy growth. BTCMTX’s growth is attributed, at least in part, to a successful presale, which generated over $4,461,518.77 by selling tokens at $0.0119 each. 

During the presale, 70% of the total token supply, equivalent to 2.8 billion BTCMTX tokens out of the 4 billion, was made available for purchase. Investors could acquire these tokens using ETH or USDT, with a specified minimum investment requirement.

In summary, Bitcoin Minetrix aims to democratize Bitcoin mining through tokenization, and its early success is evident in its substantial presale and growing staking pool. However, potential investors should approach the project with caution, considering the inherent risks associated with ventures in their early stages of development.

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