The crypto market is currently under pressure. Prices have recorded a decline of about 1% in the last 24 hours, while on a monthly basis, the market has dropped nearly 3.5%. A major reason is high-leverage liquidation. Approximately $44.7 million worth of Bitcoin positions were liquidated in one day, most of which were long trades. This added further pressure on prices, making traders more cautious.

Fear is also increasing in the market. The Crypto Fear and Greed Index has reached 31, indicating extreme fear. The total crypto market cap has not been able to break above $3 trillion, causing many investors to remain sidelined for now. However, it is often in such fearful periods that wise investors quietly search for the best crypto to buy now, especially those tokens showing strength despite a weak market.

Below are 5 trending crypto tokens that are in discussion today for clear reasons.

C Z’s Dog ( $BROCCOLI ): Rapid surge from social hype

BROCCOLI has shown an increase of about 74% in a single day and has become one of the top crypto gainers. This rally is due to renewed interest in meme coins on the BNB Chain. There has been tremendous discussion on social media, especially because this token is believed to be linked to Binance founder c.z, creating FOMO among retail traders.

Its trading volume has increased to around $255 million, reflecting short-term demand. Although technical indicators are still bullish, the token is in the overbought zone. If the hype decreases, a swift correction may occur. Nevertheless, BROCCOLI remains attractive for traders who prefer high-risk and high-reward.

Bitlight ( $LIGHT ): A new story of Bitcoin DeFi

Bitlight has jumped over 100% in 24 hours. Its major reason is the increasing discussion around Bitcoin DeFi. Bitlight Labs is working on connecting the RGB protocol with the Bitcoin Lightning Network, making smart contracts and stablecoins possible on Bitcoin.

Exchange listings like KuCoin, Bitget, and WEEX have also supported it, resulting in a trading volume increase of over 4,500% in one day. Currently, only about 10% of its supply is in circulation, making price movements quite rapid. This is why many traders consider it a potential 100x return token, although volatility remains very high.

Amp (AMP): The utility token has shown strength

Amp has recorded an increase of about 30% in the last 24 hours, indicating that it is going against the market trend. A major reason for this has been the trading competition organized by Biconomy, which boosted heavy buying and selling. Despite this, AMP's trading volume remained strong, surpassing $121 million.

According to technical charts, AMP has broken key resistance levels, attracting momentum traders. The decreasing supply on exchanges may indicate that large investors are accumulating it. Due to its real use cases in the payment sector, AMP is considered a bit more stable compared to other speculative tokens, which is why it has made it to the watchlist of the best crypto to buy now.

Quack AI (Q): Price surge due to Airdrop demand

Quack AI has shown an increase of about 32% in a day, going against the market trend. Its main reason was Binance's Alpha Airdrop, which required holding Q tokens to qualify. This led to tremendous buying in the short term.

The price has broken the significant resistance of $0.014, and trading volume has increased to around $48.6 million. Additionally, ecosystem updates and growing interest in Real World Asset infrastructure have supported it. However, there may be some sluggishness after the airdrop; still, Quack AI is among today's top trending cryptos in the AI sector.

Everlyn AI ( $LYN ): Strong comeback after a big decline

Everlyn AI has shown an increase of about 37% in 24 hours and is nearly 70% up in the last week. After the launch, this token had dropped by about 70% and is still trading significantly below its all-time high. However, in the last month, the price of LYN has increased by more than 130%, indicating a return of confidence.

The token has crossed significant resistance levels, and momentum indicators are also in its favor. Increasing discussions in social media and the AI sector have also supported it. Although a correction may come in the short term, LYN is being viewed as the next 100x crypto story for high-risk investors.

Conclusion

The current decline in the market is due to leverage resets, low volume, and strong resistance. The direction of Bitcoin is still uncertain, and traders are not fully assured. However, history tells us that such fearful times often bring opportunities for long-term investors.

Tokens like BROCCOLI, LIGHT, AMP, Quack AI, and Everlyn AI are in the spotlight due to social interest, technical breakouts, and strong narratives. With proper risk management, they can be seen as the best crypto to buy now during this period of uncertainty.

Disclaimer:

This information is for educational purposes only. Therefore, do your own research and seek expert advice before making any investments.


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