Best Crypto to Buy Right Now November 12 – Pepe, Flare, Worldcoin
WLD
$PEPE
PEPE
ZRX
PEPE
The global cryptocurrency market has recently experienced a notable surge following the recently concluded U.S. Presidential election. This upswing has sparked an increase in trading volumes and improved investor sentiment. The overall market volume has seen a significant jump. The total 24-hour trading volume now sits at $352.42 billion, marking a 46.76% increase.
Several altcoins have benefited from the market rally. Tokens like Pepe, Flare, and Worldcoin have been trending upward, showing positive growth in their price charts. This analysis highlights some of the best crypto to buy right now, providing insights into the current market trends and potential opportunities for investors.
Best Crypto to Buy Right Now
Flare collaborated with Red Date Technology to develop a decentralized identity system designed to meet KYC requirements for Mainland Chinese visitors to Hong Kong. Meanwhile, Pepe coin has seen a notable price surge, which mirrors the overall upward trend in the cryptocurrency market. 0x Protocol’s current price is $0.3716, up 1.76% over the past 24 hours.
1. Flare (FLR)
Flare has partnered with Red Date Technology to create a new decentralized identity (DID) system aimed at meeting KYC (Know Your Customer) requirements for Mainland Chinese visitors in Hong Kong. This initiative uses China’s RealDID platform, allowing users to access stablecoin services privately by verifying their identities anonymously while still complying with regulatory standards.
This collaboration has broader implications for the future of cryptocurrency regulation. Flare’s approach to decentralized KYC solutions positions it early in China’s expanding digital asset market, particularly in Hong Kong—a major financial center where Mainland Chinese visitors drive over $10 billion in economic activity each year.
As regulatory changes unfold, the demand for compliant blockchain-based financial services could grow, creating more opportunities in the sector. Following this development, the FLR token has experienced a notable price increase, further helped by the broader market rally.
Flare and Red Date launch the world’s first decentralized identity KYC trial.
The trial enables Mainland Chinese to register anonymously on a regulated stablecoin app and facilitate the purchase of tokenized financial products with the stablecoin.https://t.co/j321LOPxcI pic.twitter.com/1QIyeJSpBd
— Flare ☀️ (@FlareNetworks) November 8, 2024
FLR is currently priced at $0.0153, up 8.41% over the last 24 hours. Its 24-hour trading volume is $12.94 million, recording a 35.21% rise. Sentiment around FLR remains positive, as reflected in a Fear & Greed Index score of 69 (Greed). If the trend continues, some forecasts suggest the token could reach $0.051498 within the next month.
2. Worldcoin (WLD)
Worldcoin is a project that aims to create a global identity and financial network and reach a billion users. Unlike most other cryptocurrencies, it plans to give away most of its WLD tokens to individuals just for being human.
The project’s key feature is World ID, which allows people to prove they are real and unique individuals. This could be used on platforms like Web3 systems, social media, and even government services. The technology behind World ID could help ensure fairness in activities like airdrops and NFT sales, prevent bots from affecting social media, and support fair distribution of public resources.
Currently, the price of WLD is $2.54. It has a 24-hour trading volume of $3.18 billion and a market capitalization of $1.28 billion, representing a small portion of the global cryptocurrency market. In the last 24 hours, the price of the token has risen by 16.42%. Over the past week, it has increased by 49.44%, and it’s up by 25.68% in the last 30 days.
You can now provide support to those in Valencia directly from the Donations Mini App in World App. pic.twitter.com/jAJFazCey5
— World (@worldcoin) November 7, 2024
The token’s trading volume relative to its market cap shows high liquidity. The 14-day RSI is 58.18, suggesting the market is neutral and could move sideways. Moreover, market sentiment is currently bullish, with the Fear & Greed Index showing a level of 69, which indicates greed in the market.
3. Pepe (PEPE)
Recently, Pepe has experienced a significant price surge, which aligns with the broader rally seen across the cryptocurrency market. This rise indicates a growing bullish sentiment among investors, who are optimistic about further gains. Many market analysts believe that altcoins, including Pepe, could continue to experience upward momentum due to a generally positive outlook for the crypto space.
Moreover, Pepe has seen strong price action, with a recent increase of 67.53% over the past week. As of the latest data, PEPE is priced at $0.00001367, marking a 10.75% increase within the day. Notably, it is trading well above its 200-day simple moving average (SMA), indicating bullish momentum.
Specifically, Pepe is trading 1,140.65% above its 200-day SMA of $0.000001101. This suggests that the coin has gained significant ground and is on an upward trajectory, attracting the attention of many investors.
Despite these gains, the 14-day Relative Strength Index (RSI) stands at 42.74, which is considered neutral. This indicates that while the coin has shown strong growth, it may face some consolidation or sideways trading in the near future. However, many investors remain hopeful that PEPE could continue to push towards new highs, with some analysts suggesting that it may soon reach a 30% increase if the bullish sentiment persists.
4. Flockerz (FLOCK)
Flockerz is gaining significant attention, with predictions suggesting a potential price surge after its listing. The project has already raised $1.6 million in its Initial Coin Offering (ICO), benefiting from the market’s positive sentiment, especially after the U.S. Presidential elections.
Shout out to The Flock!!!🔥
We just flocking hit 1.5m! The flock is indeed the best community in crypto right now, we are excited for what's to come!🐦👑 pic.twitter.com/wWHXmTMHET
— Flockerz (@FlockerzToken) November 12, 2024
What sets Flockerz apart from typical meme coins is its innovative approach. The project introduces a Vote-to-Earn system, a feature embedded within its decentralized autonomous organization (DAO), known as Flocktopia. In this structure, every FLOCK token holder becomes a member with equal voting rights.
This decentralized structure enables participants to propose and vote on changes or future directions for the project. To encourage active involvement, Flockerz rewards members who vote with additional FLOCK tokens, promoting engagement and creating a sense of shared responsibility in guiding the project’s development.
5. 0x Protocol (ZRX)
0x Protocol is an infrastructure framework designed to facilitate the decentralized exchange (DEX) of ERC20 tokens and other digital assets across various blockchains, including Ethereum. By offering a decentralized alternative, it eliminates the need for centralized intermediaries, allowing users to trade directly with one another.
The project operates through a set of open-source, publicly auditable smart contracts. These smart contracts work together to create a flexible, low-friction trading environment. Developers can integrate this functionality into their products, helping to expand the reach and capabilities of DeFi applications.
⚙️ New v2 Integration ⚙️
Another v2 integration is in the books – this time it's @deBridgeFinance!
deBridge has been a top destination for cross-chain activity, regularly hitting ~$100M in weekly volume
Users can now leverage v2's premier routing infra across 6 chains pic.twitter.com/sXo6a41Iak
— 0x | Devcon 🇹🇭 (@0xProject) November 4, 2024
As of today, the price of 0x Protocol is $0.3716, reflecting a 1.76% increase in the past 24 hours. Meanwhile, market sentiment surrounding the token is currently bullish, with a Fear & Greed Index reading of 69, indicating a state of “Greed” in the market.
Over the past month, 0x Protocol has experienced positive price movement, with 18 out of the last 30 days showing green. Its 24-hour trading volume relative to its market cap is 0.3102, suggesting a reasonable level of liquidity. The token is also actively traded on major platforms like Binance, contributing to its visibility and accessibility within the market.
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