Top Cryptocurrencies to Buy Now December 30 – Cronos, Toncoin, Render
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Hong
Kong
lawmaker
Wu
Jie
has
urged
the
government
to
consider
adding
Bitcoin
to
the
city-state’s
fiscal
reserves.
According
to
local
reports,
Wu
highlighted
Bitcoin’s
potential
as
a
strategic
asset,
pointing
to
its
fixed
supply
and
increasing
acceptance
in
global
finance.
He
argued
that
as
significant
economies
begin
to
include
Bitcoin
in
their
reserves,
its
role
as
a
hedge
against
inflation
and
a
competitor
to
traditional
assets
like
gold
could
grow.
Bitcoin’s
presence
in
mainstream
financial
systems
has
steadily
expanded,
with
institutions
and
governments
showing
increased
interest
in
its
potential.
Wu
emphasized
that
this
limited
supply
could
make
Bitcoin
an
appealing
option
for
safeguarding
wealth
over
time.
This
proposal
also
comes
as
interest
in
cryptocurrencies
continues
to
rise,
with
many
investors
considering
them
as
alternatives
to
traditional
financial
assets.
As
such,
market
participants
are
researching
top
cryptocurrencies
to
buy
now.
Top
Cryptocurrencies
to
Buy
Now
Tonstakers
has
recently
been
integrated
into
Bybit’s
Web3
Wallet,
enhancing
accessibility
for
users
in
the
ecosystem.
Meanwhile,
Solaxy
(SOLX)
has
garnered
significant
attention,
raising
$7
million
in
its
presale,
indicating
strong
investor
interest
in
its
token
and
ecosystem.
The
Shiba
Inu
project
is
also
making
strides
by
venturing
into
the
metaverse.
This
expansion
aims
to
provide
users
with
a
more
interactive
and
unified
platform,
fostering
engagement
and
opening
new
opportunities
within
its
community.
1.
Toncoin
(TON)
Tonstakers,
a
leading
protocol
for
liquid
staking
on
the
TON
blockchain,
is
now
integrated
into
Bybit’s
Web3
Wallet.
This
allows
users
to
stake
Toncoin
($TON)
and
receive
$tsTON
in
return.
The
value
of
$tsTON
gradually
increases
relative
to
$TON
approximately
every
26
hours.
This
mechanism
provides
competitive
rewards
while
supporting
the
TON
ecosystem’s
growth.
With
this
integration,
Bybit
aims
to
connect
its
users
with
DeFi
opportunities
and
make
staking
accessible
to
the
130
million
participants
within
the
TON
ecosystem.
Currently,
Toncoin
trades
at
$5.58,
reflecting
a
2.61%
price
increase
over
the
past
week.
The
cryptocurrency
is
trading
significantly
above
its
200-day
simple
moving
average
(SMA)
of
$2.03,
suggesting
long-term
bullish
momentum.
However,
short-term
indicators
like
the
14-day
Relative
Strength
Index
(RSI)
at
47.69
signal
a
neutral
trend,
indicating
the
possibility
of
sideways
price
movement.
Developers,
are
you
ready
for
TON’s
BTCfi
Hackathon?We’re
looking
forward
to
seeing
how
you
redefine
Bitcoin’s
role
in
DeFi
and
take
tgBTC
to
the
next
level.Meet
the
organizers:????@TONX_Studio,
????@tonbit_,
????$TON
Foundation,
????@ton_society,
????and
#TONCoreExpect:
????
$1M+…
pic.twitter.com/unZyVqBBd2—
TON
????
(@ton_blockchain)
December
27,
2024
Predictions
estimate
Toncoin
will
close
the
year
trading
around
$5.63,
representing
a
modest
potential
increase
of
0.81%.
This
indicates
stability
but
limited
short-term
profit
potential
for
investors.
Additionally,
the
Fear
&
Greed
Index
shows
“Greed,”
reflecting
positive
market
sentiment.
2.
Shiba
Inu
(SHIB)
Shiba
Inu
(SHIB)
is
a
decentralized
cryptocurrency
powered
by
its
community.
Built
on
Ethereum,
SHIB
has
established
itself
as
a
noteworthy
digital
asset.
A
new
addition
to
the
Shiba
Inu
ecosystem
is
the
TREAT
token,
designed
to
enhance
governance
and
liquidity.
This
token
allows
community
members
to
participate
in
decision-making
through
a
voting
system,
giving
them
a
voice
in
shaping
the
project’s
future.
TREAT
also
bolsters
liquidity,
which
helps
maintain
stability
and
supports
broader
ecosystem
growth.
The
Shiba
Inu
project
is
expanding
into
the
metaverse
to
create
a
more
interactive
and
unified
platform
for
its
users.
TREAT
contributes
to
this
vision
by
introducing
tools
that
improve
the
platform’s
functionality.
These
efforts
aim
to
increase
engagement
and
build
a
cohesive
community
experience.
Moreover,
SHIB
is
trading
at
$0.00002162,
reflecting
a
2.80%
decrease.
The
sentiment
around
its
price
trend
appears
bearish,
with
a
Fear
&
Greed
Index
rating
of
65,
indicating
greed
in
the
market.
The
Relative
Strength
Index
(RSI)
at
37.25
suggests
a
neutral
stance,
pointing
to
potential
sideways
trading.
Projections
estimate
SHIB
could
rise
by
226.97%
by
January
2025.
3.
Cronos
(CRO)
Cronos
supports
decentralized
and
open-source
operations,
aiming
to
enhance
Crypto.com’s
payment,
trading,
and
financial
services
ecosystem.
Users
can
utilize
CRO
tokens
in
various
ways,
such
as
staking
them
on
the
network
to
become
validators.
Validators
process
transactions
and
earn
fees
as
rewards.
Additionally,
CRO
tokens
help
settle
transaction
fees
on
the
Cronos
Chain.
At
a
current
price
of
$0.146887,
Cronos
shows
a
significant
daily
trading
volume
of
$66.31
million,
marking
a
200.89%
increase.
The
cryptocurrency
trades
above
its
200-day
simple
moving
average
(SMA)
of
$0.093226,
showing
a
strong
performance
at
57.74%
higher
than
this
key
indicator.
The
14-day
Relative
Strength
Index
(RSI)
for
Cronos
stands
at
48.53,
signaling
neutral
momentum.
This
suggests
the
price
may
remain
steady
without
clear
bullish
or
bearish
signals.
Cronos
Chain’s
design
focuses
on
providing
utility
to
its
ecosystem,
offering
users
opportunities
to
participate
actively
in
the
blockchain
while
earning
rewards.
Its
position
above
the
200-day
SMA
reflects
potential
investor
confidence
and
market
strength.
4.
Render
(RENDER)
Render
Token
is
currently
priced
at
$6.98,
reflecting
a
1.78%
decrease
in
the
past
day.
Its
market
capitalization
is
$3.61
billion,
representing
the
total
value
of
tokens
in
circulation.
Over
the
last
24
hours,
trading
volume
reached
$292.57
million,
a
15.45%
rise,
showing
active
interest.
RENDER
supports
a
decentralized
network
connecting
people
needing
digital
rendering
services
with
those
offering
unused
computing
power.
Rendering
involves
creating
detailed
digital
images
or
graphics
commonly
used
in
industries
like
gaming,
movies,
and
design.
By
using
blockchain
technology,
the
network
distributes
rendering
tasks
more
efficiently
and
at
a
lower
cost.
The
token
is
trading
2.30%
above
its
200-day
simple
moving
average
(SMA)
of
$6.79.
This
indicator
shows
that
the
token
remains
relatively
stable.
Over
the
past
year,
its
price
increased
by
50%,
outperforming
57%
of
the
top
100
cryptocurrencies.
Moreover,
the
14-day
Relative
Strength
Index
(RSI)
sits
at
44.09,
suggesting
a
neutral
trend
with
limited
price
momentum.
Its
30-day
volatility
stands
at
13%,
reflecting
moderate
price
stability.
Furthermore,
RNDR
has
high
liquidity
relative
to
its
market
cap,
which
allows
for
easy
trading
without
significant
price
fluctuations.
While
the
project
shows
growth
potential,
its
future
depends
on
adoption
within
industries
needing
rendering
services
and
broader
market
trends.
5.
Solaxy
(SOLX)
Solaxy
(SOLX)
has
raised
$7
million
in
its
presale,
drawing
attention
for
its
unique
combination
of
blockchain
utility
and
meme
coin
culture.
Currently
priced
at
$0.001584
per
token,
the
price
will
increase
before
reaching
exchanges,
presenting
an
early
opportunity
for
investors.
The
project
reportedly
generates
$500,000
daily,
placing
it
alongside
other
successful
presale
tokens
like
Wall
Street
Pepe
and
Crypto
All-Stars.
To
participate
in
the
presale,
users
can
purchase
SOLX
through
the
Solaxy
website
using
cryptocurrencies
like
Ethereum
(ETH),
Binance
Coin
(BNB),
or
Tether
(USDT).
Transactions
via
bank
cards
are
also
possible,
though
fees
may
apply.
Staking
options
are
available
with
an
annual
percentage
yield
(APY)
of
up
to
550%,
making
it
an
attractive
option
for
those
looking
to
earn
rewards.
Over
2
billion
tokens
are
already
staked,
highlighting
significant
investor
support.
Furthermore,
Solaxy’s
development
team
aims
to
address
common
blockchain
challenges,
such
as
scalability
and
high
transaction
costs,
by
creating
a
new
blockchain
tailored
to
solve
these
issues.
This
infrastructure
claims
to
overcome
some
of
the
limitations
faced
by
Solana’s
network,
potentially
improving
transaction
speed
and
reducing
costs.
The
SOLX
project
integrates
a
fun
and
engaging
element,
appealing
to
a
broader
audience
while
focusing
on
long-term
growth.
While
it
shows
promise,
potential
investors
should
evaluate
the
project’s
goals
and
assess
the
risks
associated
with
early-stage
investments.
Read
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