Best Crypto to Buy Now 29 June – BitDAO, Stellar, Bitcoin SV
Broader cryptocurrency markets are a little higher on Thursday, but remain stuck within recent ranges, with Bitcoin (BTC) just still just $30,000 and ether (ETH) in the mid-$1,800s.
Markets continue to balance optimism about potential upcoming spot bitcoin ETFs, which helped spur a recent recovery in sentiment, against macro headwinds.
These include strong US data which continue to bolster Fed tightening bets, which is keeping the US dollar and US yields underpinned.
For investors looking to diversify their crypto holdings away from blue-chip names like bitcoin and ether, here are some of the best cryptos to buy now on the 29th of June.
BitDAO (BIT), the governance token of the BitDAO decentralized autonomous organization (DAO), has been bucking the broader crypto market trend in recent weeks and is in a downtrend.
BIT was last trading around $0.375, having been in a downtrend for over a month now, with this downtrend recently confirmed by a rejection of the 21DMA.
But BitDAO recently bounced at $0.36 support, and could represent an interesting dip-buying opportunity.
The BitDAO DAO is focused on supporting and advancing the development of the decentralized finance (DeFi) ecosystem, and aims to foster innovation, collaboration, and investment in various DeFi projects and protocols.
Wall Street Memes, one of the internet’s hottest retail investing communities, rose to prominence in the meme stock craze of 2021 and has recently been expanding its relevance in the cryptocurrency space with the presale of its new $WSM token.
The success of the $WSM presale, which has raised more than $11 million only around one month, isn’t surprising given the size of Wall Street Memes’ community.
Not only are there 523k hyper-engaged community
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