Best Cryptos to Buy Today 11 November – D2T, CHZ, TARO, MATIC, RIA
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The cryptocurrency market has stabilized a little after the selloff of the past couple of days, with its total cap rising by 4% in the last 24 hours. However, with fears surrounding FTX's viability still spooking investors, the market remains down by 12.5% in a week and by 17.5% since Saturday, with its total cap currently standing at $913 billion.
Despite the market's overall mood being one of negativity and cautiousness, certain altcoins have performed noticeably well in the past day, and a range of promising new cryptocurrencies are currently holding their presales. This article rounds up five of these in a list of the best cryptos to buy today.
Dash 2 Trade (D2T)
With its presale now in its third stage, Dash 2 Trade (D2T) is an Ethereum-based trading intelligence platform that will go live in the first quarter of 2023. Its intuitive dashboard will provide traders (of all skill levels) with real-time analytics and social trading data, which together will permit them to make more informed investment decisions.
Having started just over three weeks ago, its sale has already raised $5.9 million, with 1 D2T currently costing 0.0513 USDT. This price will rise again to 0.0533 USDT once the sale enters its fourth stage.
In a sign of its future popularity, the Dash 2 Trade Twitter account has already attracted over 45,000 followers, which is impressive given that it opened only in September. On top of this, it's worth pointing out that its team also happens to be responsible for the established Learn 2 Trade forex intelligence platform, which now has a community of around 70,000 active traders.
One other promising sign is that Dash 2 Trade has also confirmed D2T's first exchange listing with LBANK Exchange. Combined with its strong fundamentals, this signals good things to come.
CHZ is today's best-performing top-100 coin, having increased in price by 27% in the past 24 hours. At $0.228981, it is down by 4% in a week but up by 17% in a month.
CHZ's chart shows a sudden and strong rebound from the losses of the past week. Its relative strength index (purple) has jumped from an oversold 30 to just over 50 in the past day, having already stood at over 70 prior to the FTX insolvency crisis.
Likewise, its 30-day moving average (red) had also been rising above its 200-day average (blue), indicating an ongoing medium-term rally. This could continue if wider circumstances permit, although the market remains in a precarious general position, so nothing can be assured.
CHZ appears to have been doing well in the past few weeks, largely because of the incoming FIFA World Cup. Given its association with football (and sports) teams around the globe, rising interest in the World Cup appears to have translated into rising interest in CHZ.
How long this will last is anyone's guess, yet Chiliz has made the most of the increased attention by continuing to announce new partnerships and updates. Most notably, it launched the fourth and final testnet of its upcoming Chiliz Chain 2.0 mainnet.
More generally, it benefitted hugely from the announcement in August that it would become the official digital partner of Barcelona FC, making it responsible for rolling out much of the football team's technological and digital content. It's pretty much since this announcement that CHZ has been a roll.
Running on the Ethereum blockchain, RobotEra (TARO) is a Sandbox-style Metaverse platform where players can participate in the creation of NFT-based land and buildings. It launched its presale only a couple of days ago, enabling early investors to buy 1 TARO at a current price of 0.02 USDT, which can be paid in either USDT or ETH.
Within the RobotEra Metaverse, users will play as robots who will be responsible for managing their own NFT-based land and for helping create RobotEra's virtual world. The Sandbox-like game will also enable players to acquire resources from the game world, create robot companions, engage in quests, and also participate in events such as virtual concerts.
According to RobotEra's roadmap, development of the alpha version of its Metaverse galaxy is due for completion by the end of the first quarter of 2023. Its presale is due to end by the end of this year, at which point TARO will receive its first exchange listings.
Encouragingly, RobotEra has already received private equity funding from LBANK Labs, so it can be reasonably assumed that LBANK Exchange will be among the first platforms to list it.
At $1.07, MATIC has risen by 18% in the past 24 hours, making it one of the best-performing major cryptocurrencies today. It's also up by 12% in a week and by 35% in the last 30 days.
MATIC's indicators highlight how it has enjoyed rising momentum in the past month or so. Its RSI has recovered from 40 in the past few hours, while its 30-day moving average formed a 'golden cross' with its 200-day several days ago.
This crossover suggests a breakout rally, a possibility that has been helped by recent pieces of good news for Polygon. Most notably, Facebook owner Meta announced earlier this month that it's realizing a toolkit for the creation of Polygon-powered NFTs on Instagram.
This served as a massive boost for MATIC, as its chart shows. Yet more generally, it also benefits from the fact that Polygon remains one of the biggest platforms in the cryptocurrency ecosystem, with a total value locked in of $1.15 billion.
Calvaria (RIA) is an Ethereum-based play-to-earn game that gives players the opportunity to earn and battle with NFT-based collectible cards. It also aims to be accessible to a wider pool of gamers than other blockchain-based titles by enabling users to play it without holding any cryptocurrency and/or having a crypto wallet.
The presale for its native RIA token began last month and has already raised more than $1.6 million. It has recently entered its fourth stage, with 1 USDT currently equal to 40 RIA, although this price will rise once stage five begins.
Within the Calvaria ecosystem, RIA will be used to purchase in-game items (e.g. the NFT-based cards) and also for staking, giving it plenty of genuine utility. This will help RIA to rise in price as the game becomes more popular.
In terms of its gameplay, Calvaria's mechanics will be largely turn-based, with the alpha version of the game due in Q1 2023. Exchange listings are expected for the end of this year, at which point early investors may be able to lock in some impressive returns.
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