Cryptocurrency markets are holding relatively steady after a few days of rallying, with the global crypto market cap sitting at $853.21B, a 0.18% decrease over the last day.
Bitcoin is down slightly and still failing to break above $17,000, currently hovering below the important resistance at $16,946.86 and down 0.23% over the past 24 hours.
Bitcoin and other cryptocurrencies were falling on Friday, weakening after a stronger-than-expected US jobs report for November , It’s a stark reminder of the relationship between equities and crypto.
The main news today affecting risk asset markets such as stocks and cryptos is the federal jobs report today, which reported better-than-expected U.S. job growth in November with 263,000 jobs in November, 200,000 more than expected. This, in turn, raised fears that the Fed would continue to aggressively raise rates in December.
While this news may not bode well for Bitcoin and other cryptos in the short term, overall there are still plenty of opportunities to invest in high-potential digital assets with strong fundamentals in preparation for the next bull run.
We’ve done the research for you to find these coins with high potential and have compiled a list of five of the best cryptocurrencies to buy today, December 2: D2T, TWT, TARO, LUNC, and RIA.
Dash 2 Trade (D2T)
For cryptocurrency investors looking for new opportunities that may capitalize on the FTX exchange failure, Dash 2 Trade’s D2T token could be an interesting option, as it helps investors avoid scam projects and exchanges. What makes Dash 2 Trade unique is its social insights and community, social indicators, presale analytic tool, strategy backtesting tool, technical indicators, and social trading features – all of which are best-in-class in the crypto industry.
With these groundbreaking features, Dash 2 Trade is set to become a powerful ally for long-term investors and short-term traders alike. With the platform already making waves in the space, it’s set to attract many users, which will mean a higher demand for the D2T tokens that are needed to unlock all of the platform’s features. The D2T token is currently in its third stage of pre-sale and has raised over $7 million dollars.
Visit Dash 2 Trade Presale Now
TWT
While most cryptocurrencies are battling losses Dec. 2 Trust Wallet Token (TWT) is seeing large gains. TWT was traded at $2.42 and has gained 17.95% in the last 24 hours. The FTX collapse continues to help TWT grow as users leave exchange wallets for noncustodial ones.
TWT may now be in its final wave up to make a double top before a possible correction, but be careful at $2.70 and be ready to set trailing stop losses.
RobotEra (TARO)
Although projects such as The Sandbox and Decentraland are not doing well because of their lack of users, investors looking for new opportunities in the Metaverse/gaming space might want to consider RobotEra’s TARO token. RobotEra is the top pick among gaming cryptocurrencies as it offers real innovation and solid game mechanics, allowing users to gain active and passive income through different channels.
RobotEra is currently in the first stage of selling its TARO tokens at a below-market value of $0.02 per token, and has already raised over $321,000.
Visit RobotEra Presale Now
LUNC
LUNC is currently benefiting from a massive token burn as traders load up to capitalize on the news. Although this may not be a long-term trade opportunity and the price is likely to come back down, the trade may interest those who think the struggling project may still have some gas in the tank and are willing to bet on it. As always be careful to set your stop losses and watch the market carefully for signs of a pullback.
Calvaria (RIA)
Calvaria is a fast-paced, strategy-based card game that combines risk and reward. Players compete in tournaments to win rewards, gain access to new cards and resources, and increase their voting power within the platform. Investors can stake their coins for long-term rewards and use them to vote on the future direction of the platform.
In Calvaria, players are rewarded for not only winning matches, but also participating in and contributing to the ecosystem., according to the Calvaria whitepaper.
Calvaria is currently in its final presale stage, Stage 5, which is already 71% complete, and $2.2 million out of $3 million has been raised already.
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