Best crypto to buy on October 21, 2022

Disclaimer: The ‘Industry Talk’ section contains contributions and insights from people active in the crypto world and is not part of the editorial content of Cryptonews.com

The average coin has been struggling lately. With a 2.03% drop in total crypto market capitalization in the past 24 hours and declining trading volume, it is once again looking for bright spots.

We will make this much easier by listing the crypto with potential for you.

Solana (SOL)

Solana, like many other coins, has suffered from the bearish market in recent days, but things now seem to be changing for the bearish coin.

SOL dipped below $30 for the first time since June following the release of US consumer price index data, and despite a mini-recovery earlier this week, is still struggling to break through.

Solana (SOL) - Best Crypto Buy

In addition, the Mango Market Hack – where $100 million was stolen – also affected the price, with the dApp built on the Solana blockchain. The hack immediately removed $30 from Solana’s Total Value Locked (TVL).

SOL NFT marketplace Magic Eden also saw customers and creators leave after revealing it would make royalties optional. However, TradingView trader Maikisch has given cause for optimism for the token.

Another good reason we got him is because of Maikisch. This is one of SOL’s top forecasters who believes that the coin is now forming an end-diagonal pattern, which means it could break into an uptrend very soon.

Buy SOL on eToro

Crypto assets are highly volatile and unregulated. No consumer protection. Income tax may apply.

Polygon (MATIC)

So one of the few coins with a positive result this week: Polygon, with a native MATIC token, which rose 9% in seven days and 13% in a month.

The price increase comes amid a series of updates and partnerships that the Polygon community is very excited about, as crypto investors Grayscale made a major investment last week.

Which crypto to buy October 21st

The Layer 2 solution had perfect timing and ran a fast climb. Layer 2 is significantly faster than many blockchains, including Ethereum.

Layer 2 works closely with Ethereum and its new zero-knowledge EVM (zkEVM) – which will make Ethereum significantly more scalable and could go live in early 2023.

It is already the number 1 Ethereum bridge in TVL. This even surpassed companies like Arbitrum, Optimism, Near and Fantom, with more than $3 billion in TVL.

In recent days, the partnerships with KuCoin and Nubank – a fintech bank in Brazil with 70 million customers – have also been announced, while ongoing partners are Starbucks and Meta.

The developers also announced that despite the ongoing bear market in 2022, Polygon has continued to attract builders and now has 53,000+ dApps on-chain – an eightfold increase since the start of the year.

Buy MATIC on eToro

Crypto assets are highly volatile and unregulated. No consumer protection. Income tax may apply.

Dash 2 Trade (D2T)

Then there is one of the most promising cryptos this month, which is D2T. They are currently still in the crypto pre-sale, but they are flying through it. With a turnover of more than half a million in the first 24 hours of pre-sale.

On D2T, you can choose which currency to invest in or which investment to sell using technical data, crypto signals and other social tools. By combining both social and technical data, the cryptocurrency is analyzed from all sides.

The token itself is now available in a presale, and 700 million of the 1 billion tokens will be available in that presale. The presale consists of different phases, so in phase 1 you pay only $0.0476 per token and this price increases per phase until you pay $0.0662 per token in the ninth and final phase.

On the website you can already find 3 subscriptions with differences in which data and functions are available per These are the following three subscriptions; free, starter & premium. The platform has been developed by the experienced team behind the Learn 2 Trade platform.

Buy Dash 2 Swap in the presale now

Please note: Cryptocurrency is a highly volatile and unregulated investment.

XRP

Today, XRP is one of the most traded coins in the crypto world, with a volume of more than 1.3 billion dollars in the last 24 hours.

That figure is beaten only by Bitcoin, Ethereum and stablecoins USDT, USDC and BUSD.

Last week was not a very good week for the coin, -3.45% in 24 hours and -7.15% on the seven-day chart, but the project revealed some exciting news on Tuesday.

RippleX developers are currently testing an Ethereum-compatible sidechain and bridge that will allow Ethereum decentralized apps (dApps) to connect to the XRP Ledger network.

Peersyst developed this sidechain using Solidity. This is the same code language as other Ethereum Virtual Machine (EVM) blockchains such as Avalanche.

In addition, there is the lawsuit with the SEC that is starting to look better. Read more about this in our Ripple Price Forecast.

Buy XRP on eToro

Crypto assets are highly volatile and unregulated. No consumer protection. Income tax may apply.

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