Best Crypto to Buy Now January 2 – Mina Protocol, Sei, Sui
With the SEI price climbing to around $0.76, reflecting a robust market performance, SEI has positioned itself as one of the best cryptos to buy now alongside Mina Protocol’s MINA, despite its recent trading activity showing potential near-term pullback risks following an overextended rally. Sui’s SUI also seems primed for further gains based on major upgrades ahead.
The crypto presales Sponge V2 and Launchpad XYZ are similarly gaining recognition for their untapped potential in the cryptocurrency market.
Mina Protocol’s MINA price has turned bearish so far today, falling over 4% to around $1.49 as of writing.
Despite MINA trending higher over the past week, its trading volume has been diminishing in recent sessions.
This divergence between the rising price and decreasing volume signals that upside momentum may be fading for MINA.
The overbought RSI for MINA also suggests the recent rally may have been overextended, indicating the potential for further near-term pullbacks.
Meanwhile, Sei Network’s SEI token has surged to around $0.72, supported by strong technical indicators.
SEI’s RSI shows it is not overbought, while the MACD illustrates building bullish momentum.
With a market capitalization now standing at around $1.7 billion, reflecting a near 90% weekly increase, SEI’s rapid growth signals traders are increasingly bullish.
Over $5.79 million is locked in key Sei Network dApps, highlighting strong ecosystem adoption.
With 120 projects now building on Sei, utilization of the network continues to rise.
Sei v2 is functionally code complete and has begun audits with both @osec_io and @zellic_io
Get ready Seiyans
— Jay (@jayendra_jog) January 2, 2024
The audited Sei V2 code, set to bridge Ethereum and Cosmos, has stoked excitement
Read more on cryptonews.com
