Best Altcoins to Buy Today 16th January – MEMAG, FXS, FGHT, LRC, CCHG, MANA, RIA, SAND

The cryptocurrency market has witnessed a 1% increase in value over the past 24 hours, reaching $1.2 trillion after a very strong weekend. This number represents a 17% increase in one week and a 21% increase in one month. Improving US inflation data others Welcome macroeconomic indicators It signals the beginning of the end of the global recession in 2022.

Despite the market-wide rally over the past few days, some coins have performed better than others. In this article, we collect them in our list of the best altcoins to buy today, including some very promising new tokens currently holding their respective presales.

Metamasters Guild (MEMAG)

The presale started last week, Metamasters Guild has raised just over $250,000. The numbers suggest that the cryptocurrency market has already earned trust in play-to-earn gaming platforms.

The Meta Masters Guild for Beginners is a mobile-focused gaming guild that develops a variety of Web3 and play-to-earn games. Its first title, Meta Kart Racers, is set to launch in the third quarter of this year, and will preside over a steady stream of future releases from that point forward.

Its native token, MEMAG, will be used not only for governance purposes, but also for staking and purchasing items and NFTs. The sale will take place in a total of 7 tiers, with the first and current tiers offering him one MEMAG for his $0.007.

Hover, the price is set to rise by 42% over the next four days, giving investors limited time if they want to get the most out of the sale.They can participate by going up Metamasters Guild Official Site Connect your Wallet Connect or MetaMask wallet.

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Flux Share (FXS)

FXS, one of the latest entries in the top 100 cryptocurrencies by market cap, surged a staggering 31% in a single day. At $8.76, up 53% in 1 week, 97% in 2 weeks, and 70% in 1 month, Ethereum-based governance tokens hit a record high of $42.80 (set in January 2022) and A 79% drop in comparison. ).

Source: Trading View

FXS indicators reinforce suspicions that it is currently enjoying a strong breakout rally. Not only has the Relative Strength Index (purple) crossed 80 over the last few days, but the 30-day moving average (red) is moving above the 200-day moving average (blue), which is usually a very positive sign. . shift.

As the native token of decentralized lending platform Frax Finance, FXS has benefited from the increasing adoption of the latter. In particular, Frax Finance has seen an increase in the use of staking services for ETH, and frxETH tokens, which users receive in exchange for ETH, will be used as a form of liquidity on (decentralized exchange) Curve. It is growing in popularity.

Given that Frax’s ETH staking platform launched in October, it and FXS are expected to continue to grow in the near future.

Fight Out (FGHT)

fight out (FGHT) is a platform for earning by combining real workouts with Web3 when it launches in the second quarter of this year. It tracks and rewards a much broader range of workouts than his previous M2E platform, including boxing, weightlifting, and yoga, while also offering a variety of in-app and his IRL courses at its own branded gym. .

Its token sale launched in December and has already raised over $2.9 million, with 1 FGHT currently priced at $0.0166. The sale is expected to close by he Q2 2022, at which time he will have his FGHT and ERC-20 tokens listed on exchanges.

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Loop Ring (LRC)

At $0.278754, LRC was up 11.5% in 24 hours and up 30% in a week. In addition to this, the Layer 2 coin is up 47% in 2 weeks and 30% in 1 month and remains down 92% from ATH of $3.75 (set in November 2021).

Source: Trading View

The LRC metric tells us two things. 1) The RSI is gaining momentum above 80 in the last few days. 2) The fact that the 30-day average is still below the 200-day means there is still plenty of room for the current rally to continue.

As one of Ethereum’s largest Layer 2 scaling networks, LRC’s rise is largely due to the need to make up for lost ground and fix the overselling of the past year. In fact, the total amount is fixed at $105 million (i.e. better than cardano), lagging only Arbitrum, Optimism, and dYdX in terms of size (According to L2BEAT).

More broadly, Loopring has seen good adoption over the past year, with Gamestop choosing the network to launch its own NFT in July.

C+ Charge (CCHG)

Aiming at rising ranks of ESG investors in cryptocurrencies, C+ charge (CCHG) is a peer-to-peer payment network for electric vehicle (EV) charging stations. It runs on the BNB chain and aims to democratize access to carbon credits using blockchain and crypto, allowing EV owners to use native CCHG to pay for vehicle charging within the network. is set to

As part of its platform, C+Charge will provide users with NFT-based carbon credits for charging EVs at stations, incentivizing people to go green.We also already have partnerships flow carbon And Perfect Solutions Turkey has added 20% of Turkey’s EV chargers to its network. This proves the seriousness of its intentions and how quickly it could grow when it launches later this year.

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Decentraland (MANA)

After FXS, MANA is the best performing cryptocurrency in the top 100 today. At $0.679013, it was up 21% in 24 hours, 80% in a week, and 100% in a month.

Source: Trading View

MANA’s indicators point to continued gains, with the 30-day average waiting to cross the 200-day mark before the current uptrend begins to reverse.

MANA has been oversold over the past 12 months and is on the rise. He continues to be one of the world’s largest ‘metaverse’ platforms, with approximately 8,000 daily active his users. According to own figures.

last few weeks Bringing various new features to Decentraland users, avatars, user profiles, and friend request mechanism upgrades. All of these help make the platform more user-friendly. Decentraland’s many recent partnershipsit was only a matter of time before the rally started again.

Calvaria (RIA)

Calvaria, a new play-to-earn battle card game, is currently in the final stages of its token sale and has raised approximately $2.8 million to date. Only 11% of his available RIA coins remain and the tokens will be listed on exchanges such as: LBANK Exchange When BKEX Global in the coming weeks.

Set to be played on PC and smartphones, Calvaria interestingly does not require cryptocurrency to play, but it also contains many play-and-earn elements. It could be more accessible than chain-based games and open up to a wider audience.

The game itself is set to launch in Q2 2023, and its world is set in a mythical afterlife. Characters are animated in full 3D and players can earn and upgrade a wide ecosystem of collectible cards, which are also used to battle various factions in the game’s universe.

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Sandbox (SAND)

SAND gained 10% over the course of the day, reaching $0.693456. This represents a 40% rise in 1 week and a 78% rise in 2 weeks, while Metaverse Coin has also risen 47.5% in the last 30 days.

Source: Trading View

For the most part, Sandbox seems to be on the rise for much of the same reason that Decentraland is on the rise.That is, Meta (and other big companies) Pour a lot of money into the Metaverseand existing metaverse platforms such as Sandbox (and Decentraland) will be big winners in the future.

SAND is also arguably better positioned than MANA to ride the growing metaverse wave, with Sandbox reportedly having more active users than Decentraland. It also attracts more outside investment than its main rivals. Softbank boost It suggests (among other things) that big money is a boost to success in the not-too-distant future.

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