Best Cryptocurrency To Invest In Today February 10 – Bitcoin, Pyth Network, Dymension, Near Protocol, Berry
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The cryptocurrency market is in the green today and is inching closer to $1.8 trillion. If the current upside momentum continues, then the market could hit the $2 trillion market cap by next week.
With bullish momentum building up, you are probably wondering, what are the best cryptocurrencies to invest in now?
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This is the question we intend to answer for you in this article. To ensure that you get into cryptocurrencies that can maximize gains, we have narrowed on those that have shown a strong build-up in upside moment. This can be seen in their price action in the last 24 hours and the strength of the news around them.
Best Crypto To Invest Right Now
As mentioned above, the article zeroes in on cryptocurrencies that have shown strong upside momentum and have big news that can help sustain the strong buying volumes. We look at Bitcoin’s sustained momentum as it surges past $45k, Pyth Network’s multiple big news, including an airdrop and Dymension going live on the Cosmos MintScan. We also look at Near Protocol’s partnership with D3 and Berry’s price action after Pixel was added to the Binance Launchpool.
Bitcoin (BTC)
Bitcoin (BTC) has made a strong showing in the past 48 hours and is leading a bull charge across the market. In the last 24 hours alone, Bitcoin has gained 6% to trade at $47,330. This has seen Bitcoin’s market cap rise to $929.34 billion.
JUST IN: #Bitcoin pumps past $47,000! 🚀 pic.twitter.com/qzuYIN5xNk
— Bitcoin Magazine (@BitcoinMagazine) February 9, 2024
Bitcoin’s current rally is driven by increased optimism that most of the factors that have driven its recent selloff are now a thing of the past. This perception is amplified by Bitcoin closing higher ever since it hit strong support at $38,500.
There is also a lot of good news coming up about Bitcoin. Among them are whales accumulating Bitcoin and American states like Georgia debating bills that could offer tax incentives to Bitcoin miners.
With all this positive news and the fact that Bitcoin’s halving is getting closer, Bitcoin could easily see more upside in the coming days. The fact that institutional investors are now part of the play makes Bitcoin easily one of the best cryptocurrencies today.
Pyth Network (PYTH)
Pyth Network (PYTH) is another top cryptocurrency that has made quite a strong showing in the last few days. Today, Pyth Network has sustained that momentum with even higher trading volumes. In the last 24 hours, Pyth Network has gained by 12%, and its market capitalization now stands at $817.17 billion.
The Pyth Network is excited to release its ZETA/USD price feed$ZETA is the native token of the @zetablockchain, a public L1 blockchain that enables omnichain, generic smart contracts, that can manage native assets and data on any chain
The Pyth ZETA/USD price feed is now… pic.twitter.com/PLWHttzZdb
— Pyth Network 🔮 (@PythNetwork) February 9, 2024
Pyth Network’s growing bullish momentum is due to a combination of factors. The first one is the increased bullish momentum across the market. Then there is the fact that Pyth Network has experienced several consecutive good news in the past week. First, it was the Binance listing, and then a second airdrop targeting Dapps users. This news has put Pyth Network in the spotlight, and now more investors than ever before know the power of Pyth Network.
Investors now know that Pyth Network is one of the most credible competitors to Chainlink. It already has one of the largest ecosystems in the decentralized oracle space.
Since Pyth Network has shown strong upside momentum, FOMO could easily see it rally to new heights as bulls gain strength across the market. This makes PYTH a hugely undervalued cryptocurrency to consider buying today.
Read More: Pyth Network Price Prediction – Will It hit $1?
Dymension (DYM)
Dymension (DYM) continues to excite the market with its strong use case of creating a uniform standard for rollups. This use case has seen Dymension emerge as one of the most watched cryptocurrencies by investors. When writing this article, Dymension was up 5.20% to trade at $7.55. Buying volumes were up 36% in 24 hours, and Dymension’s market cap when going to press was $1.104 billion.
Investors expect Dymension to keep doing well as its adoption is accelerating. The latest pointer towards Dymension’s adoption is the fact that Dymension is now live on the Cosmos Mint Scan.
As adoption grows and Dymension becomes the standard for rollups, the Dymension price could hit even much higher than today’s price. It is definitely a high-potential cryptocurrency to consider now.
Near Protocol (NEAR)
Near Protocol (NEAR) has been around for a while now and is one of the layer ones angling for Ethereum’s market. At the moment, Near Protocol is one of the cryptocurrencies trending on the internet, and this has been reflected in its price.
Near Protocol has gained by 3% in the last 24 hours, giving it a market capitalization of $3.12 billion. Investor attention has been drawn to Near Protocol after it entered into a partnership with D3.
NEAR Foundation partners with @D3inc to apply for the .near top-level domain 🌐
This move will unlock new digital identities for the open web era, creating seamless Web2 and Web3 interoperability.
Dive into the details here:https://t.co/chnOJiEnwY pic.twitter.com/LWGXzxBVn4
— NEAR Protocol (@NEARProtocol) February 8, 2024
D3 is a platform for building future-proof digital identities with a blockchain-based Domain Name System. The partnership increases the use cases of Near Protocol and drives it closer to mass adoption in Web 3.0 applications.
With such growth potential, it should not be a surprise that Near Protocol is an undervalued cryptocurrency to invest in today.
Berry (BERRY)
Berry (BERRY) is one of the cryptocurrencies gaining traction fast, as Bitcoin leads the market into another bull market. At the moment, Berry is up by 35% and has hit a market capitalization of $2.56 million.
Berry is the cryptocurrency that powers the Pixels.xyz gaming ecosystem. Like other play-to-earn games, you need Berry to navigate Pixel, including buying the tools you need to proceed in the game. This is also the reason Berry is drawing so much investor attention at the moment.
That’s because Binance, the world’s largest cryptocurrency exchange by volume, has announced that Pixels is its 46th project on the Binance Launchpool. This is a big deal as it will introduce Pixel to an even wider audience and by extension, will increase the demand for Berry tokens.
See additional details here!https://t.co/i1SaS1b55o
— Pixels (@pixels_online) February 8, 2024
With demand set to explode going into the future, Berry is, without a doubt, a high-potential cryptocurrency to invest in today.
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