Best Crypto to Buy Today 18th January – SHIB, MEMAG, DOGE, FGHT, ETHW, CCHG, CSPR, RIA, HOT
After several days of gains, the cryptocurrency market has witnessed a slight drop today. With a total cap of $1.025 trillion, its total value has descreased by 0.5% in 24 hours, athough it remains up by 15% in a week and by 22% in a month, following the publication of more positive US inflation figures last Thursday.
Even though the market hasn't done well overall today, a healthy number of coins have posted significant returns in the past 24 hours, beating averages. This article collects them in a list of the best crypto to buy today, while also including several promising presale tokens for good measure.
SHIB is currently up by 15% in the past 24 hours, with its price sitting at $0.00001209. This represents a 30% gain in a week, with the meme token also posting a return of 4% in the last 30 days, as anticipation for the Shibarium layer-two network reaches fever pitch.
SHIB's relative strength index (purple) is very close to touching 90, signalling some very strong momentum right now. Similarly, its 30-day moving average (red) has begun rising quite steeply, indicating a possible breakout.
One of the best-performing major coins over the past week or so, SHIB is rising because Shiba Inu developers have tweeted that the layer-two Shibarium network is "about to be launched" in beta form, suggesting it could be with us in the next few days.
As such, expect SHIB to rally up to the launch of the layer-two protocol, while the arrival of SHIB: The Metaverse later in the year will also provide fuel for additional pumps.
The Meta Masters Guild presale is now up to $550,000, having raised over $200,000 in the past couple of days. This kind of speed suggests that the market is becoming increasingly confident in the future profitability
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