Although coin prices have been recovering slowly, it appears that the market downturn may be nearing an end, especially since the traditional economy is beginning to improve. With that in mind, several assets are currently trending and could present excellent buy opportunities. This article will explore some of the best trending coins to buy right now.
Celsius is the first coin on our list of the best trending coins to buy right now. For months, the crypto lending platform has been in the news as one of the major platforms impacted by the market downturn and the liquidation of the crypto hedge fund Three Arrows Capital.
Nonetheless, Celsius is not done. The company's executives announced a new plan to restructure and focus more on custody earlier this month. The launch of Kelvin, a new custody platform that will store users' coins and charge transaction fees, is central to the new plan.
The platform's native token, CEL, is currently trading at $1.93, up 9.93% in the last 24 hours.
Ravencoin is a peer-to-peer blockchain that allows assets to be transferred from one party to another. The platform uses the proof-of-work (PoW) mining algorithm, and its RVN token, like Bitcoin, has a 1 million coin limit.
The price of RVN has risen dramatically in recent days. Market participants believe that miners are looking for alternatives to the Ethereum blockchain, which recently completed its proof-of-stake transition (PoS). However, the addition of RVN perpetual futures on FTX indicates that more inventors are ready to buy and trade Ravencoin.
RVN is currently trading at $0.063, down 6.23% on the last day. However, the coin has gained 85% in the last week.
Ethereum Classic is the original Ethereum blockchain's first and only hard fork. The
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