Best Crypto to Buy Today December 26, 2023 – Ordi, Sui, Aptos
The cryptocurrency market continues to see volatility and new developments, with some tokens making notable moves recently. Ordi, Sui, and Aptos saw upticks in price and trading volume over the past week, sparking discussions around their potential as the best cryptos to buy today.
These gains come alongside highly anticipated crypto presales like Bitcoin Minetrix and Meme Kombat, which offer early-stage opportunities for those looking to buy into new blockchain projects and tokens.
Best Cryptos to Buy in The News
ORDI saw a surge in trading volume around Christmas, jumping over 40% in price to break the $1 billion market cap threshold.
With ORDI hitting new all-time highs and holding above key support around $67, it seems primed for further upside as bullish sentiment continues.
SUI also caught the attention of traders with a 9% price boost, pushing its total value locked (TVL) above $200 million.
🌟The first inscription on our platform has successfully completed ! This is a landmark in our journey to develop the @Aptos_Network inscription ecosystem. There’s much ahead, and we’re thankful for our community’s support. Stay tuned—the market opens in 3 days! pic.twitter.com/yNddkfMhVV
— APT-20 (@apt_inscription) December 24, 2023
Its expansion into DeFi and the upcoming Solend launch could help SUI retest its all-time high, with a potential end-of-year price target of around $1.30.
Despite initial volatility from its token unlock, Aptos showed resilience by recovering nearly 45% this month.
With daily transactions exceeding 3 million and TVL crossing $120 million, Aptos is seeing robust growth in usage and investment as it weathers its token unlock smoothly.
Meanwhile, for investors looking to diversify into new and early-stage crypto projects, presales like Bitcoin Minetrix and Meme Kombat present fresh opportunities.
By participating in these presales, investors can gain access to new tokens and ecosystems at discounted rates before their wider releases.
As the crypto market continues to see volatility amid news and developments, such presales offer a way to spread risk and tap into the potential of blockchain’s newest ventures.
Ordi Price Sees Profit-Taking After All-Time High: What’s Next?
After posting a new all-time high of $80.200 yesterday, Ordi (ORDI) experienced some profit-taking that saw prices retrace back down to a key support zone.
With ORDI stabilizing above the previous resistance, technical indicators remain at a crossroads–presenting both opportunities and risks for traders in the days ahead.
The ORDI price currently faces resistance at its current all-time high of $82.80, which was reached during yesterday’s volatile trading session.
This is followed by the extended Fib -0.236 level of $77.389, representing the next target if ORDI can break through its immediate high.
On the support side, ORDI found footing above the previous resistance zone of $64.341 to $68.017 after it retreated from all-time highs.
This area now represents an important floor for the ORDI price. A break below could open the door for further declines while holding above underscores bullish conviction.
The RSI for ORDI stands at 66.62, up from 65.77 yesterday and moving away from overbought territory above 70. The rising MACD histogram of 0.889, up from 0.596, suggests gathering upside momentum as well.
With ORDI stabilizing above key support, technical indicators remain at a crossroads. A break above the $82 resistance or below the $64 support could determine the next major trend.
Until then, trading within defined risk limits may be prudent while awaiting confirmation of ORDI’s next direction.
Sui (SUI) Continues to Gain Momentum, Eyeing Resistance
Sui Coin (SUI) continues marching higher, posting a third straight day of gains amid gathering upside momentum.
With SUI hovering near swing high resistance, technical indicators suggest its uptrend remains intact barring a break of key support.
The SUI price currently faces resistance at the current swing high zone of $0.9071 to $0.9333. Overcoming this area is needed to open the door for a test of $1.00.
Further support arrives at the horizontal level of $0.7039 to $0.7266, which aligns with the Fib 0.5 retracement level at $0.7049. This area represents the first line of defense for the SUI bulls.
The RSI for SUI stands at 74.19, moving further into overbought territory above 70 after recent gains.
However, the rising MACD histogram of 0.0232, up from 0.0187 yesterday, underscores building upside momentum.
Sui’s uptrend remains supported by its trading above the 20-day EMA of $0.7168 and the 50-day EMA of $0.6433.
The bullish crossover of these short and long-term moving averages affirms SUI’s upward trajectory.
With Sui Coin extending its uptrend, the path of least resistance remains higher barring a close below the $0.70 support zone.
The area around $0.90 represents the next target, where a breakout could accelerate gains.
Maintaining prudent risk management remains key amid overbought conditions.
APT Price Breaks Resistance, Points to More Upside Potential
The Aptos (APT) price has shown continued strength in recent weeks, rising over 1% so far today to $10.89.
With APT extending its multi-week uptrend, technicals suggest bullish momentum may have further room to run.
The 20-day EMA for the APT price stands at $10.8346, comfortably above the 50-day EMA of $9.6433.
With the faster moving average well above the slower moving average, this signals growing positive momentum in the APT price.
Additionally, the APT price trades above its 100-day EMA of $10.6047, a bullish sign of the intermediate-term trend.
Sustaining levels above the 100-day EMA indicates APT may have more upside ahead.
The RSI for APT sits at 74.19, up from yesterday’s 70.62 reading. With RSI remaining firmly in overbought territory, this highlights extremely strong existing upside momentum.
However, an RSI near 80 warrants caution, as overbought conditions raise the odds of a pullback.
The MACD histogram continues rising to 0.2937, up from 0.2156 yesterday. This expanding positive momentum hints bulls remain in control.
However, with MACD extended from signal lines, a correction could emerge.
With Aptos extending its uptrend, immediate resistance sits around $10.8346, today’s intraday high. Above that, psychological resistance exists at the $11 level.
On the downside, initial support rests at $10.6047, the 100-day EMA level. Below that, the $10 level marks an important technical floor.
As long as APT holds above the 100-day EMA, its intermediate-term uptrend remains intact. However, overbought RSI cautions bulls to watch for potential exhaustion.
Defending the $10 support is key to sustaining the bullish trend ahead.
With Ordi, Sui, and Aptos subject to technical tussles between bulls and bears, crypto presales provide alternative arenas for investment, as new entrants like Bitcoin Minetrix and Meme Kombat offer steep discounts.
Bitcoin Alternatives: Diversifying Beyond Mainstream Cryptos
The cryptocurrency market is undergoing a transition as investors begin to turn their attention to newer, lesser-known blockchain projects, moving away from Bitcoin’s cryptocurrency market dominance.
These early-stage ventures offer distinct investment opportunities compared to their well-established counterparts.
Projects such as Bitcoin Minetrix and Meme Kombat are gaining interest for their potential growth prospects.
Engaging in these projects, especially through presale investments, presents a possibility for returns, albeit with the inherent risks typical of early-stage ventures.
For investors seeking to expand their cryptocurrency portfolios, these Bitcoin alternatives provide intriguing possibilities.
Early recognition and understanding of these opportunities are critical for gauging their potential impact in the cryptocurrency market.
As diverse interest continues to surge in the sector, it’s becoming increasingly apparent that investments in these lesser-known projects might be beneficial.
The best crypto to buy today may not always be the most visible; sometimes, it is the quieter, newer players that hold notable opportunities for growth.
Bitcoin Minetrix: The Best Crypto to Buy Today for Easy Bitcoin Mining
A new cryptocurrency mining project called Bitcoin Minetrix has generated huge buzz in recent weeks for its unique cloud mining model that intends to open up Bitcoin mining to everyday users.
Bitcoin Minetrix has already raised close to $6.2 million in their ongoing presale of the platform’s native token, BTCMTX.
#BitcoinMinetrix visualizes a refreshed cloud mining landscape merging stakeholding and cloud mining. 🌐
Promising transparency, independence, and safety, #BitcoinMinetrix leads tokenized cloud mining, providing a reliable $BTC mining path for all. pic.twitter.com/B4xmm6q0G6
— Bitcoinminetrix (@bitcoinminetrix) December 26, 2023
Bitcoin Minetrix utilizes a stake-to-mine mechanism that will allow users to earn mining credits by staking their BTCMTX tokens, rather than having to purchase and maintain expensive specialized mining equipment.
These credits can then be redeemed to access the project’s cloud mining solution and mine Bitcoin remotely.
This pioneering approach intends to eliminate the high barriers to entry that have traditionally made Bitcoin mining inaccessible to regular users.
In addition to ease of use, Bitcoin Minetrix claims that their cloud mining solution is more energy efficient than conventional mining techniques.
The project states that by optimizing their mining algorithms, they can substantially reduce the power consumption generally associated with Bitcoin mining.
This aligns with the increased focus on energy sustainability within the crypto industry.
The ongoing BTCMTX presale has already attracted nearly $6.2 million in funding since its launch.
The token is currently priced at $0.0124 but will increase in less than a day according to their website.
Considering future appreciation potential, the presale presents an opportunity for strategic buyers to purchase tokens at a discount.
BTCMTX can be bought using ETH, USDT, BNB, or credit cards through the official Bitcoin Minetrix site.
Bitcoin Minetrix’s cloud mining model has piqued interest amongst cryptocurrency enthusiasts seeking simplified access to Bitcoin mining.
Should the startup deliver on its technical roadmap, Bitcoin Minetrix may pioneer increased cloud mining accessibility for casual miners.
For now, the cryptocurrency community eagerly keeps tabs on this promising venture as it strives to fulfill its vision of democratizing Bitcoin mining through its one-of-a-kind approach.
Meme Kombat’s MK Tokens: The Best Crypto to Buy Today for Memers and Gamers Alike
The meme token dubbed the “Pepe Killer” has seen major interest during its ongoing presale event, raising over $4.6 million so far from enthusiastic investors.
Meme Kombat, a crypto gaming platform centered on artificial intelligence-backed meme battles, has witnessed strong demand for its MK tokens before its full launch.
Meme Kombat is literally the best #memecoin to buy on Boxing Day🥊
Don't @ me. pic.twitter.com/VejiC7yHE8
— Meme Kombat (@Meme_Kombat) December 26, 2023
Meme Kombat seeks to evolve the meme coin space by integrating staking opportunities and interactive gameplay features into its platform.
The project brings beloved meme characters like SpongeBob and Wojak to life through the use of AI-generated graphics.
These memes then engage in battles against one another in matches with randomly determined outcomes.
Users can wager on these battles, and players are rewarded when their selected meme character prevails victorious in the match.
This pioneering approach of combining memes, gaming, and crypto has piqued the curiosity of cryptocurrency experts, making Meme Kombat’s MK token presale one of the best crypto to buy today.
With 50% of tokens going to the presale and 10% set aside for community rewards, Meme Kombat emphasizes active user participation.
As Meme Kombat’s MK token presale nears $5 million, its inventive approach to meme tokens through gaming engagement has spurred significant interest.
With strong presale momentum, Meme Kombat appears ready to make its mark as an innovator in the flourishing meme coin space.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
