Top Crypto to Invest in Right Now December 14 – BNB, Bittensor, Theta Network

At present, Bitcoin’s dominance fell beneath 60%, signaling a notable market shift favoring altcoins. The Altcoin Season Index, which presently stands at 65, highlights this pattern, indicating that altcoins outperform Bitcoin. Nonetheless, the surge is just not as pronounced as in earlier altcoin seasons.  

Historic information means that Bitcoin typically regains market dominance following robust altcoin rallies. Whereas Bitcoin stays resilient, the rising energy of altcoins displays a shift in investor sentiment and market dynamics. With altcoins main the market, consideration has turned to figuring out which tasks maintain essentially the most promise. This text will analyze the prime crypto to spend money on proper now, analyzing their potential within the evolving market atmosphere.

Prime Crypto to Put money into Proper Now

BNB is presently valued at $714.87, with a 24-hour buying and selling quantity of $2.48 billion and a market capitalization of $105.42 billion. In the meantime, VeChain (VET) has introduced its upcoming improve, VeChain Renaissance, which goals to align rewards extra successfully with community influence. On the identical time, PEPU has gained notable traction, rising as the highest trending coin on CoinMarketCap as of December 13. 

1. BNB (BNB)

BNB is presently priced at $714.87, with a 24-hour buying and selling quantity of $2.48 billion and a market capitalization of $105.42 billion, giving it a market dominance of two.89%. Over the previous 24 hours, BNB has seen a slight decline of 0.46%, although its broader outlook stays constructive.

The value prediction sentiment for BNB is bullish, supported by the Concern & Greed Index, which presently stands at 83, indicating “Excessive Greed.” Moreover, BNB is buying and selling 23.16% above its 200-day easy transferring common (SMA) of $581.61, suggesting robust upward momentum in the long run. 

When it comes to latest efficiency, BNB has recorded 16 inexperienced days within the final 30 days, reflecting constant worth stability and development. Nonetheless, with a 14-day Relative Power Index (RSI) of 61.80, the asset seems to be in impartial territory, signaling the potential for sideways worth motion within the close to time period.

BNB’s worth can also be buying and selling near its cycle excessive, which displays rising investor confidence. Its constructive efficiency in comparison with the preliminary token sale worth provides additional credibility to its long-term worth proposition. 

2. VeChain (VET)

VeChain (VET) has unveiled its upcoming improve, VeChain Renaissance, which focuses on aligning rewards with community impacts by means of 4 main modifications. This initiative goals to reinforce stakeholder engagement whereas driving sustainable community development by leveraging consumer and developer contributions.  

A key spotlight is VeChain’s profitable two-token system, the place VET serves because the utility token, and VTHO operates because the gasoline token. By separating these capabilities, VeChain has managed to ship scalable business purposes whereas addressing challenges resembling unpredictable transaction charges.  

https://t.co/XooYllLKxC

— VeChain (@vechainofficial) December 12, 2024

On the time of writing, VET is buying and selling at $0.05681, reflecting a decline of 4.73%. Regardless of this drop, VeChain stays 77.60% above its 200-day easy transferring common (SMA) of $0.032033, suggesting an upward pattern. Moreover, the 14-day Relative Power Index (RSI) is at 61.04, indicating impartial situations with potential sideways motion.  

Previously 30 days, VET recorded 19 constructive buying and selling days, reflecting its constant market exercise. The 24-hour volume-to-market cap ratio stands at 0.0544, signifying reasonable liquidity relative to its market cap. Moreover, VeChain is projected to commerce between $0.054942 to $0.061232 by year-end. If the common worth reaches $0.058071, this might lead to a modest 6.35% acquire from present ranges. 

3. Bittensor (TAO)

Bittensor is presently buying and selling at $568.32, with a 24-hour buying and selling quantity of $304.14 million and a market capitalization of $4.19 billion. This locations its market dominance at roughly 0.12%. Over the previous 24 hours, the worth has skilled a slight decline of 1.97%, reflecting the inherent volatility within the cryptocurrency market.  

The value prediction sentiment for Bittensor stays bearish, suggesting a cautious outlook amongst traders. Nonetheless, the Concern & Greed Index, exhibiting a rating of 83 (Excessive Greed), signifies heightened investor curiosity and optimism within the broader market.  

From a technical perspective, Bittensor is buying and selling nicely above its 200-day easy transferring common (SMA) of $122.07, marking a considerable 364.62% enhance. This demonstrates robust upward momentum over the long term. Moreover, Bittensor has recorded 18 inexperienced days within the final 30 days, equating to a 60% constructive buying and selling pattern.  

The 14-day Relative Power Index (RSI) stands at 56.85, inserting the token in a impartial vary. This means that Bittensor is neither overbought nor oversold and should proceed to commerce sideways quickly.  

Moreover, the asset advantages from excessive liquidity relative to its market cap, enhancing its skill to accommodate giant trades with out important worth fluctuations. Bittensor’s robust technical indicators and liquidity ranges make TAO price monitoring, although short-term worth actions stay unsure.  

4. Pepe Unchained (PEPU)

Pepe Unchained has proven exceptional early efficiency, reaching a market capitalization of $200 million and delivering over 3 instances the returns for presale traders. Early traders secured tokens for simply $0.008 in its presale’s preliminary stage.

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— Pepe Unchained (@pepe_unchained) December 11, 2024

At press time, PEPU is buying and selling at $0.03218 and has gained important momentum, changing into the highest trending coin on CoinMarketCap as of December 13. Regardless of not but being listed on centralized exchanges (CEX), the venture has attracted widespread consideration and investor curiosity. 

Pepe Unchained has already entered the highest 25 meme cash by market capitalization. If its present development trajectory continues, it might obtain a $1 billion market cap, positioning it as a robust competitor within the meme coin sector. 

The venture raised a powerful $74 million throughout its presale, setting an business milestone earlier than its official launch on December 10. The token’s speedy efficiency on platforms like DexTools and Uniswap highlights robust demand. With upcoming CEX listings anticipated, buying and selling exercise and visibility are anticipated to extend, doubtlessly pushing PEPU additional up the market ranks.

Go to Pepe Unchained Web site

5. Theta Community (THETA)

Theta Token is presently priced at $2.64, with a 24-hour buying and selling quantity of $218.80 million and a market capitalization of $2.30 billion, reflecting a market dominance of 0.06%. Over the previous 24 hours, THETA has seen a decline of three.08%, although its efficiency over the previous 12 months stays robust. 

The token has elevated by 145% within the final 12 months and outperformed each Bitcoin and Ethereum, in addition to 68% of the highest 100 crypto belongings. Presently, Theta is buying and selling 59.14% above its 200-day easy transferring common (SMA) of $1.66, highlighting its sustained upward pattern. 

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— Theta Community (@Theta_Network) December 12, 2024

Moreover, the token has recorded 20 inexperienced days within the final 30, accounting for 67% of the interval, which displays constant constructive efficiency. Regardless of latest fluctuations, its liquidity stays excessive relative to its market capitalization, making it a gorgeous possibility for traders.

The 14-day RSI sits at 45.65, suggesting impartial momentum and the opportunity of sideways worth motion within the brief time period. Wanting forward, Theta Token is predicted to commerce between $2.73 and $2.94 by the tip of the 12 months. This forecast implies a possible 7.88% enhance from its present worth, with an estimated common of $2.85. 

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