The cryptocurrency market has risen by 1.5% in the past 24 hours, recovering some of the losses from its slight selloff yesterday. At $1.01 trillion, its total cap has risen by 7% in a week and by 20% in a month, with positive US inflation figures published last week causing a mini-recovery.
While the market as a whole hasn't done too much today, a number of tokens have posted notable returns. This article analyzes them in this list of the best crypto to buy today, while it also includes some new altcoins currently holding presales.
NEXO has reached $0.832523 today, representing a 16% rise in 24 hours. It also represents a 16.5% gain in a week and a 27% increase in the last 30 days.
NEXO has risen strongly today for one simple reason: Nexo has settled with the SEC for $45 million, after the US securities regulator charged the cryptocurrency lender for "failing to register the offer and sale of its retail crypto asset lending product, the Earn Interest Product."
Given that this settlement follows a period when Nexo's Bulgarian offices were raided in relation to money laundering, the market has taken it as a sign that the lender will likely face no other serious legal or regulatory consequences (or further customer withdrawals). In other words, it may be plain sailing from here on out as NEXO continues its journey back to its record high of $4.07, set in May 2021.
Meta Masters Guild has now raised over $700,000 in its presale, indicating just how popular the play-to-earn gaming platform is becoming with investors, even before it has officially launched.
Due to launch its first game in Q3 2023, Meta Masters Guild is a mobile-focused gaming guild that will develop a range of Web3 and play-to-earn games. Its native token, MEMAG,Read more on cryptonews.com