Best Crypto to Buy Now November 28 – Celestia, Solana, ORDI

On Nov 28, 2023

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Each day we review some picks for the best cryptos to buy now, based on the latest market movements, blockchain news and trending narratives.

It is pertinent to observe that stablecoins, designed to maintain a fixed value and mitigate volatility, have emerged as a dominant force. The 24-hour trading volume for stablecoins currently stands at $45.57 billion, representing a substantial 92.34% share of the total crypto market volume.

Best Crypto to Buy Now

It’s important to approach these metrics with a neutral perspective, acknowledging the fluctuations within the cryptocurrency market. The observed changes in volume, Bitcoin price, and dominance indicate a dynamic environment that warrants ongoing monitoring and analysis for a comprehensive understanding of market trends.

1. Klaytn (KLAY)

The Klaytn Foundation, associated with the South Korean conglomerate Kakao, has been chosen as an official partner for CoinMarketCap Labs (CMC Labs), a Web3 startup accelerator program managed by the cryptocurrency information platform CoinMarketCap. In this collaboration, the Klaytn Foundation aims to facilitate the global market entry of various projects and act as a bridge to encourage more projects within the Klaytn ecosystem to engage with the CMC Labs program.

As of the latest data, Klaytn’s current price is $0.196148, with a 24-hour trading volume of $57.41 million, a market cap of $641.91 million, and a market dominance of 0.05%. Over the past 24 hours, the KLAY price has experienced a decrease of -3.66%. Notably, Klaytn’s price has seen a 13% increase in the last year and is currently trading above the 200-day simple moving average. In the last 30 days, there have been 19 green days, constituting 63% of the period and indicating positive market movements.

Klaytn reached its peak price on April 2, 2021, at $4.35; its lowest recorded price was on May 6, 2020, at $0.055524. Since the all-time high, the lowest price was $0.108018 (cycle low), while the highest price since the last cycle low was $0.230684 (cycle high). Presently, the Klaytn price prediction sentiment is neutral, and the Fear & Greed Index reflects a value of 68, indicating a state of greed in the market.

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🗓️ November 30, 2023
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— Klaytn (@klaytn_official) November 28, 2023

With a circulating supply of 3.27 billion KLAY out of a maximum supply of 10.95 billion KLAY, Klaytn currently experiences a yearly supply inflation rate of 8.32%, resulting in the creation of 251.31 million KLAY in the last year. In the Layer 1 sector, Klaytn holds the 38th rank in terms of market capitalization. The project boasts high liquidity based on its market cap and is actively traded on Binance.

2. Celestia (TIA)

Celestia is presently valued at $5.80, boasting a 24-hour trading volume of $514.46M and a market cap of $852.75M with a market dominance of 0.06%. Its trading presence on Binance enhances liquidity, aligning with its goal of broad market accessibility.

On November 18, 2023, Celestia achieved its highest point at $7.41, marking an all-time high. However, its lowest recorded price is unspecified. Following its ATH, the cryptocurrency experienced a cycle low at $5.02 and a subsequent cycle high at $6.34. The current bullish sentiment in Celestia’s price prediction corresponds to a Fear & Greed Index of 68 (Greed).

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— Celestia (@CelestiaOrg) November 16, 2023

With a circulating supply of 146.96M TIA, Celestia aims for a balanced market representation. This information is presented objectively, avoiding promotional language and ensuring clarity in conveying the project’s current status and recent performance.

3. Solana (SOL)

Jito Foundation, the driving force behind a Solana-based liquid staking protocol, has introduced a governance token to facilitate the management of the Jito Network. This token aims to grant community members a direct role in shaping the Jito Network’s decisions.

As of the recent announcement, the Jito MEV network of validators is actively utilized by over 40% of the Solana network’s stake weight. Furthermore, the Solana Foundation reports that nearly a third of the stake flows through the Jito Labs client.

Acknowledging the pivotal role played by various contributors in establishing the network, 10% of the total JTO supply will be retrospectively airdropped to members of the Jito cryptocurrency community. This encompasses JitoSOL holders, Solana validators utilizing the Jito-Solana MEV client, and researchers actively engaged with Jito Network’s MEV programs. The airdrop assessment is retrospective, with the snapshot taken on November 25, 2023.

This recent development has attracted the market’s attention as SOL trades above the 200-day simple moving average. Notably, the token has demonstrated positive performance relative to its token sale price. Plus, it boasts high liquidity based on market cap, placing it among the best crypto to buy now.

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— Solana (@solana) November 22, 2023

Solana’s market positioning is noteworthy, holding second in the Proof-of-Stake Coins and Solana Network sectors. Moreover, it ranks fifth in the Layer 1 sector, signaling modest market involvement. The highest recorded price was $259.52 on November 6, 2021, while the lowest was $0.503701 on May 11, 2020. The recent SOL price prediction sentiment is neutral, and the Fear & Greed Index indicates a sentiment score of 68. As such, it signifies a state of greed among market participants.

4. yPredict (YPRED)

YPRED token by yPredict has recently gained attention in the cryptocurrency market, positioning itself as an AI utility coin focusing on diverse AI applications. The platform aims to address various use cases within the crypto industry.

During its public presale phase, yPredict successfully secured over $4.54 million in funding from global investors. This indicates a notable interest in the project as an early entrant in the AI-driven Web3 ecosystem. Notably, 80% of the total token supply, amounting to 100 million YPRED tokens, was made available for potential buyers.

🚀 Exciting News in the Crypto Space! 🌐 Investors are buzzing around yPredict (YPRED) as its presale approaches the finish line, having raised a staggering $5 million! 📈🚀
🤖 yPredict is set to revolutionize crypto analytics, making advanced insights accessible to all traders… pic.twitter.com/P9nr3OGvmx
— yPredict.ai (@yPredict_ai) November 25, 2023

YPRED token holders stand to benefit from several incentives, including staking rewards of up to 45% quarterly, significant discounts on yPredict’s AI tools, and lifetime free access to the platform’s crypto price prediction system.

Currently, yPredict’s presale is in its seventh phase, offering YPRED tokens at $0.10 each. It is essential to observe that if the presale achieves $4.58 million in funding, the token price will be adjusted to $0.11. Additionally, upon listing on cryptocurrency exchanges, the anticipated valuation of the token is $0.12, potentially resulting in a 20% gain for early presale participants.

In summary, yPredict’s YPRED token is a promising player in the AI-driven Web3 ecosystem, strategically focusing on incentivizing early investors through staking rewards and tool discounts. The ongoing presale phases and the projected listing price aim to create a stable foundation for the token’s value within the cryptocurrency market.

5. ORDI (ORDI)

This month, ORDI underwent a significant event by securing a listing on the Binance exchange. This development led to a swift 50% surge in price within a few hours, sparking heightened optimism among traders.

The BRC-20 standard was introduced in April to enable users to issue transferable tokens directly through the Bitcoin network. These tokens, called inscriptions, operate on the Ordinals Protocol, allowing users to embed data into the Bitcoin blockchain.

ORDI exhibits high liquidity based on its market cap and trades above its 200-day simple moving average. The token peaked on November 16, 2023, at an all-time high price of $27.71. Meanwhile, its lowest recorded price is unavailable, but the cycle low is $18.50. The highest price since the last cycle low was $23.82, marking a cycle high.

ORDI’s sentiment appears bearish in price prediction, while the Fear & Greed Index registers at 68 (Greed). The circulating supply of ORDI is presently 21.00 million out of a maximum supply of 21.00 million. However, positioning ORDI as the top-ranked token in the Bitcoin (BRC20) Tokens sector based on market capitalization.

In summary, the recent listing on Binance has influenced the trading dynamics of ORDI, aligning with the broader trend of increasing interest in BRC-20 tokens within the Bitcoin ecosystem.

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