In the current uncertain crypto market, discerning crypto investors should be able to find themselves at a critical juncture, so investors should consider taking a cautious course of action now to protect their funds from further losses or wait for the market to recover.
We scrutinized the three most worthwhile cryptocurrencies to buy right now through a comprehensive lens, assessing their liquidity, technical prowess, industry leadership, tokenomics, and many other key factors.
The most worthwhile cryptocurrency to buy right now
1inch Network (1INCH)
1inch Network's recent achievements, particularly its more than $10 billion in on-chain trading volume on Arbitrum Layer 2, underscores its strategic growth in the DeFi space.
This milestone marks 1inch's success with Arbitrum and the important role Arbitrum Layer 2 has played in facilitating these huge trading volumes.
This performance coincides with the strengthening of the Relative Strength Index (RSI) and the increase in activity of cryptocurrency whales, indicating a favorable trend for 1inch.
The price is $0.27 and the upward trajectory since mid-August indicates the possibility of a bullish easing rally. While this is a positive sign, the inherent volatility of the cryptocurrency market reminds us that we need to proceed with caution.
Overall, 1inch's growing role in the DeFi ecosystem could make it an exciting prospect for investors, supported by its performance and strategic approach.
Today's live price on the 1inch network is $0.269390, with a 24-hour trading volume of $15,466,602. 1inch Network is up 2.26% in the last 24 hours. CoinMarketCap is currently ranked No. 1
99, the real-time market cap is $277,855,839. It has a circulating supply of 1,031,425,891 1INCH coins and a maximum circulating supply of 1,031,425,891 1INCH coins. Supply is not available.
Zcash(ZEC)
Zcash (ZEC) stands out in the cryptocurrency space by strongly emphasizing privacy and anonymity, utilizing zero-knowledge proofs to ensure transaction verification without exposing sensitive data.
As privacy concerns in the cryptocurrency space continue to grow, Zcash's innovative approach has gained traction, setting the stage for increased demand and potential value appreciation. Holding Zcash offers investors a unique solution to the pressing challenge facing the crypto industry: privacy.
The recent collaboration between Brave Browser and Zcash to integrate Zcash's privacy and security features into the Web3 ecosystem further underscores its relevance.
ZEC's recent positive performance, including a 1.51% gain over the past 7 days and a 6.50% gain last month, indicate a bright outlook, making it an investment asset worth considering.
Today's Zcash live price is $26.15 with a 24-hour trading volume of $33,201,637. Zcash is up 0.95% in the last 24 hours. CoinMarketCap is currently ranked 75th with a real-time market cap of $426,935,073. It has a circulating supply of 16,328,269 ZEC coins and a maximum circulation of 16,328,269 ZEC coins. 21,000,000 ZEC coins are supplied.
Avalanche (AVAX)
Avalanche (AVAX) makes an interesting cryptocurrency proposition that goes hand in hand with the utility of the Avalanche platform. The value of AVAX tokens is closely related to the relevance of the platform. As AVAX continues to gain traction and adoption, its importance is bound to increase with growing demand.
The latest developments suggest that Avalanche is making strategic progress by integrating with key businesses and platforms, such as partnering with South Korean entertainment company Dreamus to use NFTs for digital ticketing.
The adoption of decentralized technologies by mainstream audiences highlights its potential to redefine the decentralization landscape.
Despite the recent volatility, AVAX's positive momentum and upcoming ecosystem upgrades hint at the token's ability to reach a maximum price of $16.26, providing an exciting opportunity for potential investors to consider the ever-changing cryptocurrency landscape.
Today's Avalanche live price is $9.13 with a 24-hour trading volume of $90,194,624. Avalanche is up 1.18% in the last 24 hours. CoinMarketCap is currently ranked 22nd with a real-time market cap of $3,234,008,309. It has a circulating supply of 354,142,496 AVAX coins and a maximum circulation of 354,142,496 AVAX coins. 720,000,000 AVAX coins available.