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Look no further to learn which cryptocurrencies now dominate the market. On December 19, 2022, TWT, BNB, D2T, FGHT, and TARO were a few of the biggest gainers. Whether you are a seasoned trader or you are just getting started, keeping an eye on these top performers can help you decide where to invest your hard-earned money most smartly. Let’s examine the factors that led to the most recent rise in the prices of these specific cryptocurrencies and speculate about what the future may bring.
Trust Wallet Token (TWT)
Among the top cryptos that saw substantial growth this year was Trust Wallet Coin. TWT continued to rise even in December after increasing by almost 70% in November. To date, Trust Wallet (TWT) has already increased by over 218 percent.
After the FTX crisis, Trust Wallet Token outpaced the cryptocurrency market, climbing to a record of $2.71 this year with gains of over 218%.
The FTX exchange problem, which caused most investors to stop using trading platforms, has directly helped the token. Changpeng Zhao, CEO of Binance, made some complimentary remarks that may be the root of the problem. In a tweet announcing the Trust Wallet application, the CEO of Binance CZ emphasized the advantages of keeping bitcoin in a kind of trust wallet as opposed to a regulated exchange.
The native currency of one of the biggest and safest cryptocurrency wallets in the world is called Trust Wallet Token (TWT). Users may store, sell, exchange, as well as track their assets via the TrustWallet ecosystem. This platform allows cryptocurrency aficionados to purchase and sell assets while maintaining full control over them. Since its release in 2020, Trust Wallet Token (TWT) has developed into one of the 50 largest cryptocurrencies listed on CoinMarketCap. TWT’s all-time high price is $2.71. The cryptocurrency is now trading at only 20% of its record high, though.
Binance Coin (BNB)
The only cryptocurrency in the top 10 to see price declines today was Binance Coin (BNB), as investors tried to overcome the “FUD” surrounding Binance that has been permeating the market for a few days. The market is also anticipating inflation statistics, and this week’s United States Federal Reserve meeting will be the last one for the year 2022.
BNB ultimately closed below the rolling average on Sunday after bouncing about the 100-day SMA after last week. The BNB/USD pair lost stability at the $280 subconscious level as well as the 200-day SMA, which was at $278, as a result of the subsequent sell-off.
At the time of publication, the BNB price was trading below a parallel declining channel, fueling negative sentiment toward the trading token. The price stability at 39 and the downward-pointing Relative Strength Index strengthened the sellers’ hold on BNB. The price action appeared to favour the downside, as shown by the MACD indicator’s movement away from the neutral line.
To conclude the day above the current resistance at $275, which is encircled by the bottom border of the declining channel, the BNB price had to move higher on the day.
Dash 2 Trade (D2T)
The D2T token, Dash 2 Trade’s native cryptocurrency, is used to power a range of trading services delivered through its social trading platform and cryptocurrency signals. Based on the Ethereum platform, the D2T token’s price will rise by 39% from $0.0476 to $0.066 during the current presale.
The Dash 2 Trade network interface, which enables traders to make business decisions based on several actionable pieces of information, may be accessed by purchasing the D2T currency, one of the top gainers among cryptocurrencies.
This contains frequent price notifications, social and technical indications, and numerous social analytics.
Users have access to a backtesting tool through the D2T platform, which replicates real-time market circumstances, trade volume, and volatility patterns. As a result, novice traders can evaluate the degree of success of their approaches. After acquiring the D2T token, several of the dashboard’s key functions can be accessed via a subscription-based model.
The free tier, beginning tier, and premium tier are the three subscription tiers. Traders do not need to keep D2T tokens for the first one, but they are required to pay 400 & 1,000 D2T per month for the following two. The later levels will provide traders access to independent technical and sociocultural indicators as well as on-chain data analyses.
FightOut is working to reimagine solutions for the Web 3.0 “Move-to-Earn” market. To motivate users to continue living a healthy lifestyle, the initiative offers tons of fun prizes.
Additionally, the project turned this into a game by letting players design avatars in its metaverse. The $FGHT cryptocurrency, which is based on the ERC-20 standard, is built on the Ethereum Network.
Modern technology employed by the project has undoubtedly helped it rank among the top utility tokens. By putting this high-ROI potential cryptocurrency in their portfolios, investors who purchase the $FGHT tokens can earn returns that outperform the market. Investors have to think about purchasing the tokens as fast as they can, while the costs are still low.
The initiative seeks to close market gaps for move-to-earn transactions. As a result, FightOut has developed an easy-to-use framework to encourage consumers to engage in fitness-related activities. Even with their current exercise habits, users may start to enjoy the perks provided by FightOut.
The FightOut app will provide personalized workouts from top trainers and coaches based on user data about sleep, diet, training objectives, and other factors.
The most reliable investments in a bear market for cryptocurrency, according to RobotEra’s analysis of a DappRadar study, are gaming crypto tokens. RobotEra, which utilizes the TARO cryptocurrency, is one of the forthcoming 2022 crypto games. By the completion of the final sale round, the value of TARO, which is now in the initial round of presale, will soar by 60%.
Blockchain gaming crypto-VC investments are anticipated to hit $12 billion in 2022, a 33% increase from 2021. RobotEra, a metaverse environment that enables users to enter its virtual globe by taking the shape of robot NFTs, forges directly into that market. One of the 10,000 robots NFTs that are for sale and can be found on all seven continents can provide you with entrance to the TARO planet.
Players can earn prizes by exchanging digital bits of land, advertising, staking, and other methods similar to The Sandbox. A decentralized autonomous organization (DAO), which enables users to participate in the ecosystem, may be joined via TARO. In the game, players may construct buildings, visit museums, and expand their region.
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