Top Crypto to Invest in Right Now December 14 – BNB, Bittensor, Theta Network

Right this moment, Bitcoin’s dominance fell under 60%, signaling a notable market shift favoring altcoins. The Altcoin Season Index, which at the moment stands at 65, highlights this pattern, indicating that altcoins outperform Bitcoin. Nevertheless, the surge just isn’t as pronounced as in earlier altcoin seasons.  

Historic knowledge means that Bitcoin typically regains market dominance following robust altcoin rallies. Whereas Bitcoin stays resilient, the rising power of altcoins displays a shift in investor sentiment and market dynamics. With altcoins main the market, consideration has turned to figuring out which tasks maintain probably the most promise. This text will analyze the prime crypto to spend money on proper now, inspecting their potential within the evolving market atmosphere.

Prime Crypto to Spend money on Proper Now

BNB is at the moment valued at $714.87, with a 24-hour buying and selling quantity of $2.48 billion and a market capitalization of $105.42 billion. In the meantime, VeChain (VET) has introduced its upcoming improve, VeChain Renaissance, which goals to align rewards extra successfully with community affect. On the similar time, PEPU has gained notable traction, rising as the highest trending coin on CoinMarketCap as of December 13. 

1. BNB (BNB)

BNB is at the moment priced at $714.87, with a 24-hour buying and selling quantity of $2.48 billion and a market capitalization of $105.42 billion, giving it a market dominance of two.89%. Over the previous 24 hours, BNB has seen a slight decline of 0.46%, although its broader outlook stays optimistic.

The worth prediction sentiment for BNB is bullish, supported by the Worry & Greed Index, which at the moment stands at 83, indicating “Excessive Greed.” Moreover, BNB is buying and selling 23.16% above its 200-day easy shifting common (SMA) of $581.61, suggesting robust upward momentum in the long run. 

When it comes to latest efficiency, BNB has recorded 16 inexperienced days within the final 30 days, reflecting constant worth stability and progress. Nevertheless, with a 14-day Relative Power Index (RSI) of 61.80, the asset seems to be in impartial territory, signaling the potential for sideways worth motion within the close to time period.

BNB’s worth can also be buying and selling near its cycle excessive, which displays rising investor confidence. Its optimistic efficiency in comparison with the preliminary token sale worth provides additional credibility to its long-term worth proposition. 

2. VeChain (VET)

VeChain (VET) has unveiled its upcoming improve, VeChain Renaissance, which focuses on aligning rewards with community impacts by means of 4 main adjustments. This initiative goals to reinforce stakeholder engagement whereas driving sustainable community progress by leveraging person and developer contributions.  

A key spotlight is VeChain’s profitable two-token system, the place VET serves because the utility token, and VTHO operates because the fuel token. By separating these features, VeChain has managed to ship scalable industrial functions whereas addressing challenges resembling unpredictable transaction charges.  

https://t.co/XooYllLKxC

— VeChain (@vechainofficial) December 12, 2024

On the time of writing, VET is buying and selling at $0.05681, reflecting a decline of 4.73%. Regardless of this drop, VeChain stays 77.60% above its 200-day easy shifting common (SMA) of $0.032033, suggesting an upward pattern. Moreover, the 14-day Relative Power Index (RSI) is at 61.04, indicating impartial circumstances with potential sideways motion.  

Previously 30 days, VET recorded 19 optimistic buying and selling days, reflecting its constant market exercise. The 24-hour volume-to-market cap ratio stands at 0.0544, signifying average liquidity relative to its market cap. Moreover, VeChain is projected to commerce between $0.054942 to $0.061232 by year-end. If the typical worth reaches $0.058071, this is able to lead to a modest 6.35% acquire from present ranges. 

3. Bittensor (TAO)

Bittensor is at the moment buying and selling at $568.32, with a 24-hour buying and selling quantity of $304.14 million and a market capitalization of $4.19 billion. This locations its market dominance at roughly 0.12%. Over the previous 24 hours, the value has skilled a slight decline of 1.97%, reflecting the inherent volatility within the cryptocurrency market.  

The worth prediction sentiment for Bittensor stays bearish, suggesting a cautious outlook amongst buyers. Nevertheless, the Worry & Greed Index, displaying a rating of 83 (Excessive Greed), signifies heightened investor curiosity and optimism within the broader market.  

From a technical perspective, Bittensor is buying and selling effectively above its 200-day easy shifting common (SMA) of $122.07, marking a considerable 364.62% improve. This demonstrates robust upward momentum over the long run. Moreover, Bittensor has recorded 18 inexperienced days within the final 30 days, equating to a 60% optimistic buying and selling pattern.  

The 14-day Relative Power Index (RSI) stands at 56.85, putting the token in a impartial vary. This implies that Bittensor is neither overbought nor oversold and should proceed to commerce sideways quickly.  

Moreover, the asset advantages from excessive liquidity relative to its market cap, enhancing its means to accommodate giant trades with out important worth fluctuations. Bittensor’s robust technical indicators and liquidity ranges make TAO value monitoring, although short-term worth actions stay unsure.  

4. Pepe Unchained (PEPU)

Pepe Unchained has proven exceptional early efficiency, reaching a market capitalization of $200 million and delivering over 3 occasions the returns for presale buyers. Early buyers secured tokens for simply $0.008 in its presale’s preliminary stage.

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— Pepe Unchained (@pepe_unchained) December 11, 2024

At press time, PEPU is buying and selling at $0.03218 and has gained important momentum, changing into the highest trending coin on CoinMarketCap as of December 13. Regardless of not but being listed on centralized exchanges (CEX), the challenge has attracted widespread consideration and investor curiosity. 

Pepe Unchained has already entered the highest 25 meme cash by market capitalization. If its present progress trajectory continues, it might obtain a $1 billion market cap, positioning it as a powerful competitor within the meme coin sector. 

The challenge raised a powerful $74 million throughout its presale, setting an business milestone earlier than its official launch on December 10. The token’s speedy efficiency on platforms like DexTools and Uniswap highlights robust demand. With upcoming CEX listings anticipated, buying and selling exercise and visibility are anticipated to extend, doubtlessly pushing PEPU additional up the market ranks.

Go to Pepe Unchained Web site

5. Theta Community (THETA)

Theta Token is at the moment priced at $2.64, with a 24-hour buying and selling quantity of $218.80 million and a market capitalization of $2.30 billion, reflecting a market dominance of 0.06%. Over the previous 24 hours, THETA has seen a decline of three.08%, although its efficiency over the previous 12 months stays robust. 

The token has elevated by 145% within the final 12 months and outperformed each Bitcoin and Ethereum, in addition to 68% of the highest 100 crypto belongings. Presently, Theta is buying and selling 59.14% above its 200-day easy shifting common (SMA) of $1.66, highlighting its sustained upward pattern. 

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— Theta Community (@Theta_Network) December 12, 2024

Moreover, the token has recorded 20 inexperienced days within the final 30, accounting for 67% of the interval, which displays constant optimistic efficiency. Regardless of latest fluctuations, its liquidity stays excessive relative to its market capitalization, making it a gorgeous choice for buyers.

The 14-day RSI sits at 45.65, suggesting impartial momentum and the potential for sideways worth motion within the brief time period. Wanting forward, Theta Token is predicted to commerce between $2.73 and $2.94 by the tip of the 12 months. This forecast implies a possible 7.88% improve from its present worth, with an estimated common of $2.85. 

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