The best promising crypto to buy today January 11

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 is up 0.5% in the past 24 hours to $894 billion. This represents a 6.5% increase over the past week, although it has changed little over the past month and is still very low compared to January 2022.

But while the market overall has done little, there are certain altcoins that have risen tremendously. In this article, we list some of the best cryptos to buy today, including some very promising presale tokens.

Meta Masters Guild (MEMAG)

Launched today, the brand new Meta Masters Guild is a gaming guild on the Ethereum blockchain that focuses on mobile gaming. The team plans to create more crypto games using NFTs and will reward players in the form of the MEMAG token, which can also be traded and used for bets.

The project started at the end of 2022 and the presale of the MEMAG token is now live where you can buy 1 MEMAG token for $0.007 which will increase in the 2nd phase which starts in nine days. The presale will consist of seven phases where the price will gradually rise to $0.023.

The Meta Masters Guild has allocated 350 million MEMAG tokens for the presale to raise up to $4,970,000, which is 35% of the total supply of 1 billion tokens, of which 50% has a waiting period of at least 3 years before it can be sold.

Ripple (XRP)

The XRP price is up 3.5% in the last 24 hours and 5.5% in the last week, yet it is down 5% over the last month.

XRP/USD Price Chart - Source: TradingView
XRP/USD Price Chart – Source: TradingView

The XRP chart indicates a change, for example the purple Relative Strength Index (RSI) chart has risen above 50 after starting below 40 this year. The red 30-day moving average has stopped falling compared to the blue 200-day moving average and is rising again.

The most important factor for the XRP price remains the outcome of Ripple’s lawsuit against the SEC, which has yet to come. This outcome may vary, but Ripple has made a lot of progress in the past and expects a favorable outcome.

Assuming the outcome is favorable for Ripple, it could mean that XRP could rise massively. Therefore, XRP is one of the most important cryptos to watch and can influence the crypto a lot this year.

Fight Out (FGHT)

Aiming to transform the move-to-earn industry, Fight Out is developing a new Web3 app and taking over gyms around the world. The platform accurately tracks physical exercises such as yoga, boxing and weight lifting and rewards the user for doing so. Fight Out also offers various digital and real training programs in its gyms.

The presale of its FGHT token started last December and has already more than 2.8 million dollars collected and the FGHT token is on sale for $0.0166 each. The presale is expected to end in the second quarter of 2023, when the token will be listed and the app will go live.

Shiba Inu (SHIB)

The Shiba Inu price is down 6% in the last day to $0.00000896 after rising 10% this week and falling 1.5% this month. The meme coin is now 90% lower than its all-time high of $0.00008616 in October 2021.

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

Although it is not certain that they will continue to rise, SHIB’s indicators look promising. The RSI has dropped from 70 to 60, indicating a possible correction, although there is still a lot of momentum left.

The 30-day moving average is well below the 200-day mark, suggesting a major rally is imminent. This expectation is reinforced by the upcoming Shibarium Network, a layer-2 protocol for the Shiba Inu, which will go into Beta in the coming weeks.

This network is not the only thing that will make SHIB much more attractive, Shiba Inu is also in the process of creating its own metaverse. This is expected later this year, but when it does, you can expect a further increase in SHIB.

C+Charge (CCHG)

C+Charge is an upcoming peer-to-peer payment network for charging electric cars, which started pre-selling its CCHG token in December. The platform uses blockchain to give electric drivers access to CO2 credits. The CCHG token will be used to pay for charging your car via the C+Charge network.

When you do this, you will be rewarded with CO2 credits in the form of NFTs, which will encourage more people to use electric cars. The platform has already entered into a collaboration with Flow carbon and Perfect Solutions Turkey, which will add 20% of its charging points to C+Charge’s network.

With such growth at such an early stage, the platform expects to be a huge success in 2023.

BNB (BNB)

BNB is up 1% to $277.98 in the past day and 13% in the past week. The utility token has fallen 2% in the past month and is down 60% from its all-time high of $686 in May 2021.

BNB/USD Chart - TradingView
BNB/USD Chart – TradingView

The BNB charts point to increasing momentum, potentially leading to a breakout. The RSI is moving towards 70 and the 30-day moving average has started to rise, with plenty of room to move higher.

BNB is a special case as it is ‘only’ 60% below its all-time high. This is much better than other cryptocurrencies such as Bitcoin and Ethereum, which have fallen much more from their record. This indicates that BNB is better at holding its value than most other tokens.

This is mainly because it is the native token of Binance, which is still the largest crypto exchange. As long as that is the case, BNB will always be important. Also, many BNB tokens have been burned and Binance expects to burn about 100 million BNB tokens from the maximum supply of 200 million.

Calvary (RIA)

Calvaria, the new upcoming game to earn battle card game, has reached the final stage of its pre-sale and has already raised $2.7 million. For example, only 12% of RIA tokens are still available before they list in a few weeks (if only on LBank and BKEK).

The game will be available on PC, Android and iOS, and what makes Calvaria unique is that you don’t need crypto to play it, making it much more accessible – and likely to become more popular – than most other crypto games .

The game is expected to go live in the second quarter of 2023. The mythical world of the game will be filled with animated 3D characters in the form of playing cards that you can upgrade and use in battle against others.

The project already has around 58,000 followers on Twitter, so it seems to be getting pretty popular already. This gives Calvaria the potential to be a huge success after launching this year.

Polygon (MATIC)

MATIC is up 2% to $0.859899 in the last 24 hours and 10% in the past week. The altcoin is down about 3.5% on the month and is 70.5% below its December 2021 high of $2.92.

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

The graphs from MATIC look interesting. For example, the RSI is up, but the 30-day moving average is below the 200-day. This may mean that MATIC will rise soon, but the altcoin has been expected to rise for months.

Still, Polygon’s token remains one of the strongest altcoins on the market. This is because Polygon is the largest layer-2 scaling solution for Ethereum and has a Total Value Locked of over $1 billion (which is more than most layer-1 networks).

Polygon is still working on the further development and with adoption it is therefore only a matter of time before MATIC will rise towards its all-time high.

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