Best Crypto to Buy Today, 8 December – IMPT, TWT, D2T, GMX, RIA
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2022 has been a rocky year for the cryptocurrency market. Bitcoin’s value has decreased more than 74% since its peak in November 2021, and most other cryptocurrencies have lost even more value during that time.
However, this isn’t the first instance where cryptos have taken such a severe hit. In fact, this is Bitcoin’s fourth crash by at least 70% during its nearly 14-year history. After each of these prior crashes, both Bitcoin and the wider crypto market rebounded and grew much larger than they were before the market plummeted.
In other words, even though most people buy crypto when prices are high and sell when they’re low, bear markets are actually the best time for investors to start taking positions, ideally through dollar cost averaging or presale buys.
Below are a few of the best cryptos to buy today, December 8, including some that are in presale:
IMPT.io, a carbon offsetting and climate change initiative, is nearing the completion of its token presale after raising over $16.1 million in two months. The presale looks like it will raise considerably more before finishing on Dec. 11 with over $1 million raised in the last 24 hours alone.
The project connects users to hundreds of environmental projects globally, working with thousands of well-known retail brands that donate a designated portion of each sale on the platform towards the projects.
The IMPT token will be listed on exchanges at $0.0253, which is 10% higher than the final presale price. Exchanges LBank and Changelly have already confirmed listings, with seven more exchange listings currently underway.
IMPT.io allows users to be rewarded with NFT-based carbon credits for shopping from affiliate brands, which they can then sell or use to retire/burn for unique rewards.
Not only do shoppers receive IMPT tokens when they make a purchase, but a portion of their spend will also be donated to an eco-friendly project working to fight climate change. Credits not retired can also be exchanged on the IMPT marketplace.
IMPT’s cutting-edge platform has already partnered with major brands including Netflix, Microsoft, Amazon, Samsung, Macy’s and Dominos.
TWT is currently up by nearly 8% today, trading at $2.62 per coin as of writing. Last week’s gains of 21.88%, from $1.99 to $2.429 set TWT up for continued growth this week.
Trust Wallet, a wallet app that enables users to own their digital assets, saw its native token, TWT, skyrocket after CZ, the CEO of Binance, reminded the cryptocurrency community in a tweet that self-custody is vital after the FTX downfall.