Best Crypto to Buy Today January 9 – Helium, Bonk, Celestia
Helium, Bonk, and Celestia cryptos rallied today with double-digit gains, staking their claim as potentially the best cryptos to buy today. Image by cryptonews.com.
The crypto market is moving up today with major rallies seen for tokens like Helium, Bonk, and Celestia.
Helium’s HNT has surged over 22% on the back of a major community update, Bonk is spiking after an OKX listing, and Celestia’s TIA keeps climbing with a 47% monthly gain.
For investors seeking the best crypto to buy today, these fast-rising cryptos present potential opportunities.
However, for those interested in early-stage investments, upcoming crypto presales like Sponge V2 Token and Bitcoin Minetrix offer a chance to get in on the ground floor of promising new projects.
Best Crypto to Buy Now in the News
Helium’s HNT token has seen a sizable boost today, jumping 22.58% to $6.682 and recovering from a 30% dip in early January.
This price resurgence can be attributed to the implementation of two vital network improvement proposals – HIP 96 and HIP 87.
Important Update: Smart Contract Changes in the Helium Network
We’re happy to announce some significant implementation updates to Helium Network’s protocol.
— Helium Foundation (@HeliumFndn) January 8, 2024
Approved in November, HIP 96 introduces onboarding fees for new WiFi Access Points, requiring device manufacturers to hold token balances. This went into effect on January 8.
Additionally, HIP 87 details how 5G providers on Helium’s network can now earn proportional rewards based on the amount of Data Credits burned. This creates an equitable incentive structure.
With these proposals now deployed, all token emissions are fully accounted for on-chain as well, streamlining the system.
The ecosystem updates have created positive momentum, positioning Helium for further gains as adoption continues.
The proposals solve key issues, laying the groundwork for the next phase of growth.
The meme cryptocurrency Bonk, built on the Solana blockchain, has also drawn interest after rising nearly 18% yesterday.
With volumes exceeding $476 million, momentum appears to be accelerating for Bonk despite ongoing volatility.
Over the past week and two weeks, Bonk’s market has seen respective declines of 14% and 44%.
However, this latest notable price appreciation indicates the meme coin may be charting a course for an uptrend.
With a 70% monthly gain, Celestia’s TIA token has been another top performer.
After setting its all-time high of $17.2987 on January 5, TIA now hovers near $16, rebounding from a temporary correction to $12.5.
Neutral technicals suggest TIA is gearing up to attempt fresh record levels again soon.
Meanwhile, upcoming airdrops tied to partners like Dymension and Milky Way Zone could also impact the TIA price action.
As the market picks up momentum, fast-rising cryptos like Helium, Bonk, and Celestia present exciting opportunities.
For those seeking the best crypto to buy today with higher risk tolerance, presales for Sponge V2 Token and Bitcoin Minetrix could provide avenues to find the next crypto unicorn early.
HNT Price Surges 22.58%: Network Improvements Boost Momentum
Source: TradingView / HNTUSDT
The Helium (HNT) price is showing signs of strength after bouncing off key support levels amidst positive fundamental catalysts. HNT is currently trading at $6.682, up 22.58% so far today.
This uptick comes following the implementation of two new network improvement proposals that intend to enhance the Helium blockchain.
With the HNT price successfully rebounding from its Fib 0.236 level of $5.182, bullish momentum appears to be gathering pace.
The 20-day EMA now stands at $6.190, while the 50-day EMA resides at $5.380.
The RSI has surged to 55.55 from yesterday’s oversold reading of 43.75.
This indicates fading bearish momentum and scope for additional near-term gains.
The MACD histogram has also become less negative at -0.210, up from -0.317 yesterday.
Currently trading around $6.682, HNT price is attempting to overcome immediate resistance between $5.653 and $5.940.
More notably, HNT has retested its overhead resistance zone of $7.034 to $7.448, which aligns with the extended Fib -0.382 level of $7.168.
Breaching this area could see further upside for the HNT price.
On the downside, the 50-day EMA of $5.380 is likely to act as initial support.
Below this lies stronger support between $4.990 and $5.186, which converges with the 0.236 Fib level of $5.182.
With HNT stabilizing above key support levels, the path of least resistance appears to the upside.
However, trading within defined risk limits is prudent while awaiting confirmation of a new uptrend.
A daily close above $7.448 resistance or slide below the $5.182 support would likely set the next major trend.
BONK Price Prediction: Emerging Strength Signals Potential Upside
Source: TradingView / BONKUSDT
After bouncing off its key support level yesterday, the BONK price has shown a notable 17.78% surge to the upside, subsequently breaking out from its 50-day EMA.
However, despite currently trading at $0.00001268, still up a decent 4.54% so far today, today’s price action reveals some emerging selling pressure coming from nearby resistance levels.
Further consolidation may be needed over the next few days before BONK can make its next leg up.
Looking at key BONK technical indicators, the 20-day EMA currently stands at $0.00001345 while the 50-day EMA sits at $0.00001186.
With the BONK price trading between the 20-day and 50-day EMAs, the outlook is bullish for BONK in the medium-term, but slightly bearish in the near-term.
The RSI is at 47.45, up from yesterday’s 45.54. As the RSI approaches the 50 level, watch for a potential reaction here – rejection could signal a move back to the downside for the BONK price.
The MACD histogram is currently at -0.0000006223, an improvement from yesterday’s -0.0000008224. This shrinking negative value indicates building bullish momentum.
With the BONK price at $0.00001268, up 4.54% today so far, it faces immediate resistance between $0.00001282 and $0.00001358.
This zone aligns with the 20-day EMA at $0.00001345, making it a key level to watch.
On the support side, the 50-day EMA at $0.00001186 marks the first line of defense, followed by the horizontal support between $0.00000926 and $0.00001095.
Overall, while BONK shows some positive momentum, trading within defined risk limits while awaiting a clear breakout catalyst may be wise.
Sustained moves past $0.00001358 resistance or below $0.00001186 support could set the trend going forward.
TIA Price Surges 10.12%: Celestia Token Gains Momentum
Source: TradingView / TIAUSDT
The Celestia token (TIA) is seeing a sharp 10.12% surge higher so far today to $15.6536.
This latest push to the upside comes following a 4-day retracement as TIA bounces off the previous swing high resistance turned support between $14.1337 and $15.2658.
With today’s move, TIA is attempting to retest its all-time high of $17.2987 reached earlier this month on January 5.
Bulls are regaining control following the recent pullback, with upside momentum accelerating.
Looking at technical indicators, the daily RSI for TIA currently sits at 63.17, moving higher from yesterday’s reading of 57.83.
This shows strengthening upside momentum as the RSI approaches overbought territory above 70.
Additionally, the MACD histogram on the daily timeframe has seen a bullish crossover to 0.0432 compared to -0.0162 yesterday.
This highlights TIA’s improving bullish momentum as buyers assert control.
With TIA breaking out above immediate swing high resistance, these improving technical readings suggest additional upside follow-through is likely in the near term as bulls remain in control.
Zooming out to the bigger picture, TIA remains in a clear uptrend on the daily chart with prices holding constructively above its rising 20-day EMA of $13.4331 and 50-day EMA of $10.6845.
This underscores TIA’s bullish trend with buyers in control.
As long as TIA can maintain its foothold above support at $14.1337 to $15.2658, the path of least resistance points higher.
The first test for bulls is clearing the current all-time high and confluent extended Fibonacci -0.236 resistance around $17.0032 to $17.2987.
Any decisive break above this area could accelerate TIA’s uptrend.
On the downside, if the $14 to $15 support zone is lost, it could signal a larger trend change with buyers exhausted.
In that scenario, TIA may be due for a deeper correction with downside risk towards its 200-day MA around $9.25.
However, given the improving technicals, the bullish trend appears intact for now.
Overall, with TIA regaining its momentum today, the technical picture remains constructive for additional upside. A
s long as key support holds, TIA looks poised to attempt a breakout to new highs in the near term.
The $17 zone marks the critical resistance for bulls to overcome.
As we examine trend reversals and breakouts for HNT, BONK, and TIA, the crypto presale space also presents opportunities.
Sponge V2 Token and Bitcoin Minetrix are two ongoing crypto presales worth checking.
Bitcoin Alternatives Offer New Ways to Thrive in the Evolving Crypto Market
In 2024, crypto investors are moving beyond just Bitcoin to check out new and interesting cryptocurrencies.
With all these early-stage crypto projects showing big growth potential, investors want to get in early.
The goal is to establish a foothold in these up-and-coming cryptos exhibiting potential as viable Bitcoin alternatives.
Two new cryptocurrencies catching on are Sponge V2 Token and Bitcoin Minetrix.
As investors hunt for the most profitable crypto investment in the new year, they are taking a serious look at these Bitcoin alternatives and their possible returns.
With crypto changing so fast, focusing only on Bitcoin means missing out on potential gains.
Checking out trending cryptocurrencies like Sponge V2 Token and Bitcoin Minetrix lets investors capitalize on what these next-gen crypto projects bring to the table.
Investors seeking lucrative new opportunities in the crypto space would do well to explore options beyond just Bitcoin.
Sponge V2: The Best Crypto to Buy Today Following the 2023 Success of the Original Sponge Token
A new meme token called Sponge V2 hopes to capture the same viral magic as Sponge (SPONGE), its popular predecessor.
SPONGE swiftly attracted attention last year after launching on Uniswap and spiking over 340% in price within a week.
The token demonstrated market resilience even as declines ensued for other meme coins.
#SpongeV2 is your second chance to join the $SPONGE community.
Don’t make the same mistake twice!#MemeCoin #Presale #Altcoins pic.twitter.com/M0YraHwDti
— $SPONGE (@spongeoneth) January 9, 2024
SPONGE attracted over 11,600 unique holders and has an active community of over 26,800 Twitter followers.
At its peak, it reached a market capitalization above $100 million, with substantial daily trading volumes on major exchanges like Gate.io and OKX after listing.
Renewed interest came in November from a new staking protocol, spiking the SPONGE price over 500%.
Now the creators seek to replicate its success with the presale of Sponge V2 in early 2024, which will include a play-to-earn racing game to boost demand.
Sponge V2 can be acquired through the “buy and stake” campaign on sponge.vip, locking purchased tokens until official launch while earning yield.
The new token also connects to the SPONGE ecosystem through a “Stake-to-Bridge” system, enabling V1 holders to earn V2 tokens by staking their current supply.
This provides a smooth transition for the project’s community.
With novel features and incentives compared to SPONGE, anticipation is high for Sponge V2 as the next bull cycle approaches.
If community excitement reaches critical mass, analysts speculate its returns could dwarf the original 100x gains for early backers, making it potentially one of the best cryptos to buy today.
Visit Sponge V2 Now
Bitcoin Minetrix: Tokenized Cloud Mining Service Raises Over $7.9 Million in Presale – Is This the Best Crypto to Buy Today?
Bitcoin Minetrix, a tokenized cloud mining service, has raised over $7.9 million so far in its ongoing BTCMTX token presale.
The presale has now reached Stage 18, with BTCMTX currently priced at $0.0127 per token.
However, Stage 19 is rapidly approaching in less than two days, when the price will rise to $0.0128 according to the staged pricing schedule.
The presale’s quick progression comes as bitcoin traders eagerly await the SEC’s decision on a proposed spot bitcoin ETF. Approval of the ETF could drive the bitcoin price higher.
Stage 18 of #BitcoinMinetrix concludes in 48 hours!
Which #Bitcoin use case intrigues you the most and why? pic.twitter.com/Bxo7Tidrrh
— Bitcoinminetrix (@bitcoinminetrix) January 9, 2024
BTCMTX tokens represent ownership of cloud mining credits on Bitcoin Minetrix’s platform.
Token holders can exchange their credits for cloud mining power and earn a percentage of the mining revenue generated.
Bitcoin Minetrix seeks to provide a more transparent and efficient cloud mining service, with all credits and mining allocations recorded on the Ethereum blockchain.
This prevents some of the fraud issues that have plagued regular cloud mining platforms in the past.
The bitcoin price has seen intense volatility this week as the market awaits the SEC’s decision on spot ETFs.
Analysts suggest there is still a strong chance of approval in January, but any delay could trigger steep declines.
For investors seeking upside exposure to Bitcoin without as much downside risk, Bitcoin Minetrix offers a way to gain mining rewards without direct exposure to Bitcoin’s price swings.
According to the whitepaper, 42.5% of the total token supply will fund mining operations, while 35% is allocated to marketing. 12.5% will go towards staking rewards before the platform’s launch.
As its presale concludes, Bitcoin Minetrix turns to pre-launch preparations, appointing Mohammad Sitaboha, Lutfi Khanfar, and Ghazi Sitaboha as ambassadors.
The trio will leverage its expertise in marketing, finance, and partnerships to ensure a smooth customer experience when the platform launches cloud mining services later this year.
With excitement building around the possible SEC approval of a Bitcoin ETF, Bitcoin Minetrix’s BTCMTX token may be one of the best cryptos to buy today for upside exposure.
Visit Bitcoin Minetrix Now
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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