Best Crypto to Buy Now November 22 – dYdX, THORChain, Fetch.ai
Red-hot gains from dYdX, THORChain, and Fetch.ai show seasoned cryptocurrencies still have room to run. But newcomers Bitcoin ETF Token and Bitcoin Minetrix are also joining the party, with their presales heating up while offering big potential at basement prices–making them some of the best cryptos to buy now.
Interesting advancements across decentralized finance and AI are driving price action on these tokens, making these projects worth watching.
The native token of the decentralized exchange, dYdX, DYDX, has seen a massive price surge of nearly 50% in the 48 hours leading up to November 15, 2023.
This has catapulted the token’s value to a peak of $4.364, a level it hasn’t attained since April 2022. This increase comes right before a large unlock event for the token.
On the technological front, dYdX has recently unveiled its layer 1 blockchain, developed on Cosmos technology.
This upgrade in the platform’s architecture works to enhance its capabilities and expand its transaction processing power.
THORChain’s token price has consistently surged over the past fifteen weeks, coinciding with a robust growth in users, as the network’s Total Value Locked (TVL) has recently crossed $300 million.
As of the latest data, the price of RUNE stands at $5.931 with a market capitalization of roughly $2 billion. The circulating supply is currently at 337.6 million out of a total supply of 483.905 million.
THORChain has achieved a volume of $3.67 billion so far in November, placing it as the third-largest decentralized exchange (DEX), just behind Uniswap and PancakeSwap.
Fetch.ai is seeing an impressive 475% surge in value year-to-date, believed to be due to growing interest in AI technology and blockchain-based AI projects.
Fetch.ai’s native
Read more on cryptonews.com
