Best Crypto to Buy Now 12 July – Conflux, SingularityNET, Fetch.ai
Despite softer-than-expected US headline and core inflation numbers for June, which weighed heavily on the US dollar and US yields whilst also pushing up US equity markets as Fed tightening bets ease, crypto markets have failed to rally.
Bitcoin (BTC) was last near $30,500 and ether (ETH) was last in the upper $1,800s.
Over all market cap was last broadly unchanged in the $1.19 trillion region.
For crypto investors keen to diversify their holdings away from blue-chip names like bitcoin and ether, here are some of the best coins to consider buying on Friday.
Conflux (CFX), the token that powers Conflux’s high throughput, Tree-Graph powered layer-1 blockchain, has pumped close to 10% on Wednesday.
The token was last trading just under $0.20 and bulls are eyeing a push back to the north of the 21 and 200-Day Moving Averages, both of which sit close to $0.21.
A break above here could set CFX up for a retest of a downtrend from the earlier yearly highs.
A brand-new meme coin themed on South Park’s Mr Hankey, a sentient, jolly piece of feces and the cartoon’s former Christmas deity, has been going viral on social media in the past two days ahead of the launch of a stealth presale that anyone can get involved in on Thursday.
Mr Hankey Coin, which is proudly marketing itself as the crypto industry’s best shitcoin, already has over 5,600 followers on Twitter, while the project’s Telegram is fast approaching 1,000.
Web3’s hottest new shitcoin is understood to be looking to raise a modest $500,000 via a sale of 40% of its 1 billion token supply, valuing the token at a very modest $1.25 million.
That leaves plenty of room for a potential pump.
And Mr Hankey Coin stands a very good chance of pumping for a few reasons.
Firstly, the limited
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