Best Crypto to Buy Now October 25 – Oasis Network, WOO Network, Bittensor
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InsideBitcoins regularly provides a rundown of the best cryptocurrencies to buy now, considering their recent price performance.
Pepe Coin (PEPE), a meme coin that gained significant attention earlier this year, is again on the rise, indicating that its excitement remains. Over the past 24 hours, the asset has surged an impressive 33%, up nearly 50% for the week, according to CoinGecko’s data.
Best Crypto to Buy Now
One contributing factor to this remarkable price performance may be the burning program implemented by the Pepe Coin project. The PEPE team recently announced on Twitter that they had sent 6.9 trillion tokens (equivalent to $6 million at current rates) to an inaccessible address.
Global Crypto Market Cap Chart
Burning mechanisms like this aim to increase the scarcity of digital assets, potentially boosting their long-term value. Notably, Shiba Inu, another meme coin project that has adopted a similar strategy, has seen its burn rate rise by over 400% in the last 24 hours, with SHIB’s price experiencing a more modest 4% increase.
Another factor contributing to PEPE’s surge is the broader recovery of the cryptocurrency market. Optimism has been infused into the sector with the anticipation of the potential approval of BlackRock’s application to launch a spot Bitcoin ETF in the United States.
1. Oasis Network (Rose)
Oasis presents itself as a privacy-focused, scalable layer-1 blockchain network that seeks to usher in the next era of Web3. It offers a compelling combination of high throughput and low gas fees while prioritizing secure architecture.
With a clear mission to power domains like DeFi, GameFi, NFTs, the Metaverse, and data-related endeavors, Oasis addresses critical data privacy and governance issues. This initiative is backed by a formidable $235 million Ecosystem Fund to support projects building on the network.
Notably, Oasis Labs has joined forces with prominent entities like Meta and BMW Group Genetica, focusing on enhancing individual privacy protection, responsible data usage, and data governance.
What sets Oasis apart is its robust infrastructure, utilizing a proof-of-stake consensus and innovative, secure computing technologies to safeguard data confidentiality.
These strengths position Oasis as a promising candidate for long-term investment, particularly in the context of our growing concern for data privacy and responsible Web3 applications.
Big news for the Oasis ecosystem: @illuminexswap is launching their public testnet on November 3rd at 1PM UTC!
illumineX is the first confidential DEX built on Oasis Sapphire, offering confidential multi-chain token transfers & MEV-free swaps for all of Web3
Learn more: 🧵 pic.twitter.com/VCoDVvX7Bx
— Oasis Network (@OasisProtocol) October 24, 2023
Today’s live Oasis Network price is $0.047710, with a 24-hour trading volume of $31,528,661. Oasis Network is up 3.82% in the last 24 hours. The current CoinMarketCap ranking is #99, with a live market cap of $312,131,775. It has a circulating supply of 6,542,267,493 ROSE coins and a maximum supply of 10,000,000,000 ROSE coins.
2. WOO Network (WOO)
WOO Network positions itself as a significant player in the crypto landscape, offering a deep liquidity network that caters to traders, exchanges, institutions, and DeFi platforms. Its native token, WOO Token, plays a pivotal role within the network’s ecosystem by enabling staking and fee discounts across various CeFi and DeFi products.
What sets WOO Network apart are the diverse offerings it provides, connecting a broad spectrum of users, from retail traders to institutions. WOO X stands out as a zero-fee trading platform, ideal for professional and institutional traders, delivering top-notch liquidity and execution.
WOOFi, the decentralized exchange component, enhances on-chain liquidity and execution, offering a range of features, including WOO staking and yield-generating pools.
Additionally, WOO Network extends its services to institutions, providing liquidity-as-a-service to upgrade order books and enhance market spreads.
With its comprehensive and democratized approach to liquidity, WOO Network presents a compelling investment opportunity underpinned by its robust infrastructure and widespread utility within the crypto ecosystem.
📢 $ORBS-PERP (@orbs_network) is now available on the WOO X perps market!
▶️ Trade now, with up to 20x leverage: https://t.co/d6YCHCdK8N https://t.co/zwj7Mbum73 pic.twitter.com/su6PkoxJV7
— WOO X (@_WOO_X) October 25, 2023
Today’s live WOO Network price is $0.207677, with a 24-hour trading volume of $151,638,169. WOO Network is up 2.38% in the last 24 hours. The current CoinMarketCap ranking is #92, with a live market cap of $364,421,898. It has a circulating supply of 1,754,756,525 WOO coins; the maximum supply is unavailable.
3. Bittensor (TAO)
Bittensor presents an intriguing proposition as an open-source protocol driving a decentralized machine-learning network on the blockchain. This innovative approach to machine learning encourages collaborative model training, with rewards distributed in TAO tokens based on the value they provide to the collective.
What sets Bittensor apart is its vision of creating a transparent and trustless marketplace for artificial intelligence. It accomplishes this by offering open access, decentralized governance, and leveraging globally distributed computing resources within an incentivized framework.
This democratizes the development and distribution of AI technology, making machine intelligence accessible globally and enabling open, permissionless innovation.
Moreover, Bittensor’s model ensures that rewards and network ownership are directly correlated with the value contributed. It’s this commitment to openness, transparency, and fairness that positions Bittensor as a promising investment opportunity in the ever-evolving world of blockchain and AI technologies.
Today’s live Bittensor price is $67.42, with a 24-hour trading volume of $5,974,353. Bittensor is up 29.83% in the last 24 hours. The current CoinMarketCap ranking is #2160, with a live market cap of unavailable. The circulating supply is unavailable, with a maximum supply of 21,000,000 TAO coins.
4. Flow (FLOW)
Flow presents itself as a promising player in the blockchain space, tailor-made to underpin the Web3 revolution and open Metaverse.
Its focus on supporting various applications, from NFTs to DeFi, PFP projects, and DAOs, positions it as a versatile platform. What sets Flow apart is the adoption of Cadence, a unique programming language designed for digital assets.
This empowers developers to push the boundaries and innovate within the Web3 landscape. The backing of a team renowned for delivering consumer-scale experiences in the crypto world adds credibility to Flow’s potential.
With a thriving ecosystem that includes top brands, development studios, startups, and crypto leaders, Flow is poised to be a strong foundation for the future of blockchain-based innovations.
Its commitment to decentralization and innovation makes it an attractive investment opportunity, offering a window into the ever-expanding world of Web3 technologies.
EVM on Flow will let developers build on all of Ethereum’s tooling and network effects while benefiting from all the power and capabilities of Cadence.
This will change everything. https://t.co/UKjvhuN4Fb
— Flow 🌊 (@flow_blockchain) October 5, 2023
Today’s live Flow price is $0.509372 with a 24-hour trading volume of $78,597,396. Flow is down 0.11% in the last 24 hours. The current CoinMarketCap ranking is #68, with a live market cap of $527,810,847. It has a circulating supply of 1,036,200,000 FLOW coins, and the maximum supply is unavailable.
5. Bitcoin Minetrix ($BTCMTX)
Bitcoin Minetrix ($BTCMTX) offers not only high staking returns but also the opportunity for investors to gain Bitcoin cloud mining power, addressing the typical entry barriers posed by advanced mining equipment.
We are now halfway through #BitcoinMinetrix Stage 3! 🎉 pic.twitter.com/gZfUHKTYys
— Bitcoinminetrix (@bitcoinminetrix) October 25, 2023
With a significant level of interest generated in its presale, raising nearly $2 million in less than a month, Bitcoin Minetrix presents an innovative approach to tokenizing cloud mining.
Users on the platform can purchase $BTCMTX tokens and stake them to earn cloud mining credits, all while generating passive income on their holdings. Staking $BTCMTX tokens currently yield an impressive Annual Percentage Yield (APY) of over 330%.
By staking through the Ethereum-powered smart contract, investors gain cloud mining credits that can be used on Bitcoin Minetrix, granting access to allocated mining times and a share of mining revenues.
This streamlined approach ensures security, particularly for newcomers to the crypto space, allowing them to earn through mining and staking rewards. The $BTCMTX token, now in presale, has allocated 2.8 billion tokens, representing 70% of the total 4 billion supply.
Bitcoin Minetrix aims to raise $33.46 million by the end of the presale, with the token price increasing to $0.0129 by the 20th and final round, marking a price jump of more than 17% from the initial $0.011.
Visit Bitcoin MINETRIX
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