Best Crypto to Buy Today 17th January – CELO, MEMAG, CAVA, FGHT, CRO, CCHG, CVX, RIA, LRC
The cryptocurrency market has enjoyed another day of gains, with its total cap rising by 1% in 24 hours, to $1.03 trillion. This marks more or less a week of uninterrupted increases, with the publication of more positive US inflation figures serving to set off a wave of renewed optimism from investors.
While 1% is another steady daily gain, some altcoins continue to beat the market, posting above-average returns over recent timeframes. This article collects them in a list of the best crypto to buy today, and it also includes some of the best presale tokens to invest in today.
CELO is down by 5% today, dropping to $0.698852. Despite this fall, the altcoin remains up by 28% in a week and by 32% in a month, while also 93% down from its all-time high of $9.82, set back in August 2021.
CELO's indicators remain in a good place, even with the dip today. Its relative strength index remains above 70, indicating good momentum, while its 30-day moving average (red) signals space for further gains, insofar as it's still comfortably below its 200-day (blue).
Looking at CELO's fundamentals, its recent price movement come a few days after Celo rebranded itself, with the the mobile-first layer-one blockchain and payment network emphasizing its green credentials and its help for under-banked individuals around the world.
It also announced this rebrand in conjunction with reveals of several new partnerships. This includes the news that Web3 browser Opera will integrate the (Celo-based) Mento stable asset cUSD into its Opera Mini Wallet, making it available to over 70 million users in Africa. There are also new partnerships with GoodDollar, and a one-week NFT auction in collaboration with Valora.
As such, CELO is one to watch, which its native
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