Best Crypto to Buy Today 2 March – FGHT, MKR, CCHG, CFX, TARO

On Thursday, the crypto market has experienced a significant downturn following signals of distress from Silvergate Capital, a prominent banker in the digital asset industry. Bitcoin’s price has slipped by 1.99% in the past 24 hours, and is currently at $23,269.
The existential threat facing Silvergate, a federally insured US bank, poses a risk to the financial system and has fueled further calls for SEC crypto regulations. With such turmoil in the markets, what are the best crypto to buy today?
This crisis at Silvergate has the potential to impact the crypto market heavily given the bank’s role as a mediator for crucial transfers between exchanges and market makers. Many altcoins are the brunt of the slump, with Ethereum, Cardano, and Polygon dipping by 2.3%, 3.5%, and 3.8%, respectively.
Given the recent slump in the crypto market, it’s important to evaluate both the fundamentals and technicals of cryptocurrencies when considering investment options. Based on such analysis, FGHT, MKR, CCHG, CFX, and TARO appears to be some of the best crypto to buy today.
Fight Out Packs a Punch with Personalized NFT Avatars and Token Rewards
Upcoming Move-to-Earn project Fight Out is bringing an interesting spin to the fitness app market with cutting-edge Web3 and move-to-earn (M2E) technology. The fitness industry has struggled with high dropout rates and lack of motivation, with half of new gym members quitting within six months, according to IHRSA. The COVID-19 pandemic has only exacerbated these challenges.
Fight Out aims to address these issues by providing personalized NFT avatars that display fitness stats, tailored workout plans, and motivation through REPS token rewards that can be exchanged for merchandise, gym memberships, and app subscriptions.
Fight Out’s Metaverse platform will also enable fans to compete with each other and leading athletes, creating an all-encompassing fitness app solution.
Investors can benefit from up to 63% bonuses during the presale, with the FGHT token already raising over $5 million. With its multi-faceted approach, including M2E, media, masterclasses, and workout guides, Fight Out is positioned to become a top player in the crypto market, making it one of the best cryptos to buy today.
MakerDAO (MKR)
MakerDAO, a leading DeFi protocol, has proposed allowing users to borrow its DAI stablecoin by using its MKR governance token as collateral. This proposal, which is part of Rune Christensen’s “Endgame” plan, has raised concerns among some members of the crypto community. Nonetheless, MakerDAO remains a top DeFi lending protocol with over $6 billion in total value locked. The proposal, if successful, could increase the liquidity and adoption of MKR. MakerDAO plans to introduce a new governance module for users to vote on the proposal.
Despite the bearish market trend affecting most cryptocurrencies, MakerDAO’s MKR governance token has seen a 19% increase in the past seven days, outperforming the global crypto market and other Ethereum-based cryptocurrencies. In the last month, MKR’s price is up over 40%.
The recent deployment of lower borrowing fees on March 1 by Maker DAO has spiked MKR trading volume by over 200%, attracting more interest in Maker’s borrowing offerings and increasing on-chain activity. As of writing, MKR is trading at $888, down 4.12% for the day, with a trading volume of $168.27 million, a 164.32% increase in the past 24 hours.
Despite the bearish trend, MKR is attempting to sustain its weekly gains and is emerging among the top weekly gainers in the current selloff. In the short-term, the crypto is expected to continue to retrace, with support possibly found in the $822 to $838 range and immediate resistance at $930.
From Watt to Wallet: C+Charge’s Innovative EV Solution Makes it One of Best Cryptos to Buy Today
C+Charge is a novel blockchain-based platform that offers an innovative solution to the charging and payment experience for electric vehicle (EV) owners. With the increasing demand for alternative energy solutions to match the rising adoption of EVs worldwide, the need for reliable charging infrastructure has become a pressing concern. C+Charge’s groundbreaking platform aims to address this issue and provide an optimal experience for EV owners.
C+Charge plans to collaborate with existing charging stations while building new ones, enabling customers to find nearby charging stations quickly and pay with the CCHG token. The blockchain technology behind CCHG ensures transparent and efficient payment processing. The platform’s app also offers real-time information on local charging options and vehicle diagnostics.
Furthermore, EV owners using C+Charge will receive Goodness Native Tokens (GNT) as carbon credits, representing verified voluntary carbon credits that can be traded on the app. These tokens enjoy backing from major venture capital firms such as a16z Crypto and Invesco.
Through its partnership with Flowcarbon, C+Charge allows EV owners to earn carbon credits in the form of GNT every time they charge. The platform offers a universal, easy-to-access payment system that doesn’t require expensive Point of Sale equipment. Drivers can simply use the CCHG token to pay, providing fleet managers with a way of monitoring and fixing issues with particular payment stations.
Conflux (CFX)
Conflux Network’s CFX token surged by 22.43% during Wednesday’s candle close, boosted by DWF Labs’ $10 million funding round. The investment firm bought a significant number of CFX tokens from the Conflux Foundation, which will be unlocked over time to meet project growth demands. This funding will enable the Layer-1 blockchain network to expand its user base and advance its tech stack.
RobotEra, an upcoming metaverse crypto project, is set to raise the bar in the Web3 gaming space with its sandbox-like world-building metaverse. With the freedom to collaborate with other players to create anything they can imagine, RobotEra is paving the way for a new era of interactive, immersive gaming experiences.
The platform offers a shared world that connects players’ unique lands together, opening up endless possibilities for theme parks, concerts, museums, and more.
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