Best Crypto To Buy December 22nd

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 cryptocurrency market has been consolidating since Wednesday as traders await the last big data of the year from the US economy. Including inflation, which is closely monitored by the Federal Bank.

According to analysts, the strict interest rate hikes by the Federal Bank in 2022 to counter the strong inflation in the US is the main reason for our current crypto bear market.

Bitcoin last traded around $16,800 and rose slightly on Wednesday, holding on to Tuesday’s gains from the lower $16,400 level.

Technical analysts remain pessimistic about the market value of the largest cryptocurrency, Bitcoin, and expect a decline in Tuesday’s attempt to break $17,050.

Ethereum, on the other hand, is below the USD 1,210 resistance, while the cryptocurrency market cap remains around $770 billion.

BTC/USD rate - Source: TradingView
BTC/USD rate – Source: TradingView

The cryptocurrency market has performed poorly in the last few months of 2022, and since the Federal Bank did not change its interest rate hike plans, the market will remain at a strong ceiling for now, so the beginning of 2023 does not look good for cryptocurrency.

Investors are therefore looking for alternatives that can provide faster profits. So here we have a list of some of the best cryptos to buy today, December 22nd.

FightOut (FGHT) – Pre-sale is live now

The new move-to-earn (M2E) crypto sector is very promising, but current platforms like STEPN come with major limitations that prevent them from becoming mainstream. FightOut sees itself as the future of move-to-earn and aims to transform the industry by 2023.

FightOut is a brand new Web3 fitness app and fitness chain that rewards users for completing workouts, participating in challenges, and participating in the first move-to-tear fitness metaverse.

STEPN and similar applications only track the number of steps and require expensive NFTs to use, FightOut asks the user not to invest in expensive NFTs and rewards them for much more healthy activities than going for a walk. For example, FightOut hopes to combine Web3 with health and fitness.

The team plans to build and take over gyms around the world while providing a Web3 fitness experience. The mobile app is the heart of the FightOut ecosystem and expects to go live in the second quarter of 2023, according to the white paper.

FightOut (FGHT) Presale

The FightOut app uses a mobile and wearable technology to measure physical movement and performance. The app will use its own tokenized economy where users will be rewarded for completing M2E tasks and will be able to create their own unique NFT avatar. This avatar allows the player to use the FightOut metaverse.

This is all possible with the ecosystem’s native FGHT token. Users can pay with this token to participate in contests and leagues, and the winners will be rewarded with even more FGHT tokens. FGHT can also be used for betting.

FightOut’s FGHT tokens are currently on sale for 60.06 tokens per 1 USDT in pre-sale. Investors will need to act fast if they want to take advantage of the temporary 50% bonus in the first phase of the presale, as the presale has already raised more than $2.28 million in about a week.

Trust Wallet Token (TWT)

TWT, the cryptocurrency of the crypto wallet ecosystem, Trust Wallet, peaked around $2.70 last month due to the FTX crash. Due to the crash of this crypto exchange, many investors have started to look more at a way to manage their crypto themselves. This was possible, among other things, via Trust Wallet, which was visible because a lot of money was taken from the stock exchanges and put into more secure crypto wallets.

Trust Wallet Token has failed to reach its old November highs and is down 43%. TWT last traded around $1.55.

Is there still hope? Hell yes.

TWT/USD exchange rate chart - Source: TradingView
TWT/USD exchange rate chart – Source: TradingView

The technical indicators for the TWT/USD pair continue to look good. The cryptocurrency has found strong support from a long uptrend since May this year. Additionally, it has support around $1.55 keeping the price high for now, so it is definitely possible for the cryptocurrency to rise back to the $2.70 peak.

Dash 2 Trade (D2T) – final stage of Presale

For investors looking for a promising new pre-sale crypto, look no further than Dash 2 Trade. The brand new crypto trading and analytics platform plans to transform the crypto trading industry with brand new tools and features.

With features like a unique scoring system to assess pre-sales, a strategy back-testing tool, notifications for new cryptocurrency listings, social media sentiment analysis and signals for popular cryptocurrencies.

Dash 2 Trade’s ecosystem runs on the native D2T token, which is a means for users to subscribe to the platform’s professional features and tools. These tokens are currently available for pre-sale at a very low price and have already raised more than $10.5 million for the project.

The dashboard will be available soon as the team is at the forefront of developing the platform. The D2T token is currently in the final stage of pre-sale at 0.0533 USDT per token and will be listed on Changelly Pro, BitMart and LBank Exchange after pre-sale.

Axie Infinity (AXS)

The price of the AXS token, the in-game currency for the play-to-earn NFT fighting game, Axie Infinity, has found support in an uptrend that could see a short-term rise.

Bulls are eyeing a possible rise to resistance in the 21-day and 50-day moving averages around $7.50, potentially pushing it further towards $10. Still, AXS could fall towards $5.70 if the current support is broken.

AXS/USD Chart - Source: TradingView
AXS/USD Chart – Source: TradingView

C+Charge (CCHG) – Pre-sale is live now

The carbon credit sector is expected to be worth $2.54 trillion by 2027. However, carbon credits are currently only available to large companies, and crypto startup, C+Charge, hopes to make carbon credits available to electric vehicle (EV) drivers. C+Charge is in the process of creating a peer-to-peer network that will allow users to pay for electric car charging and earn CO2 credits.

C+Charge wants to accelerate the adoption of electric vehicles by offering carbon credits to users. Big manufacturers like Tesla make millions selling carbon credits to polluters. C+Charge wants to democratize the CO2 credit market by making these CO2 credits available to owners of electric cars instead of the big companies.

The presale of the native CCHG token started this week, and the tokens will be used to pay for electric vehicle charging. The CCHG tokens will be on sale for $0.013 each in the first phase of the presale, which will increase by 80% in the final phase compared to now. Investors interested in a promising sustainable crypto should therefore act quickly.

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