{"id":28367,"date":"2023-06-27T19:51:46","date_gmt":"2023-06-27T23:51:46","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/best-crypto-to-buy-now-with-airdrop\/"},"modified":"2023-06-27T19:51:47","modified_gmt":"2023-06-27T23:51:47","slug":"best-crypto-to-buy-now-with-airdrop","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=28367","title":{"rendered":"Best Crypto to Buy Now With Airdrop"},"content":{"rendered":"
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As the cryptocurrency market experiences a surge in activity, investment titan Fidelity, which manages an astounding $4.2 trillion in assets, appears to be gearing up for a spot Bitcoin exchange-traded fund (ETF) application.<\/p>\n

The move follows closely on the heels of industry leader BlackRock, whose own Bitcoin ETF application spurred a flurry of submissions from various financial service providers and investment firms.<\/p>\n

Given the increased interest from major financial institutions, what are the best cryptos to buy now?<\/p>\n

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Recent reports have indicated that Fidelity is on the verge of filing for a spot ETF, as revealed by inside sources in conversation with crypto publication The Block<\/u>. According to these insiders, the filing could take place as early as today, June 27.<\/p>\n

BlackRock’s application on June 15 had a significant impact on the crypto market, causing a shift toward an overwhelmingly positive sentiment.<\/p>\n

The preceding negativity due to the SEC’s lawsuits against Binance and Coinbase was swiftly overshadowed as Bitcoin’s price skyrocketed to an annual high above $31,000.<\/p>\n

As other firms such as Invesco, WisdomTree, and Bitwise joined the rush, Bitcoin’s price remained confidently above the $30,000 mark.<\/p>\n

The recent news about Fidelity’s potential filing has even caused the cryptocurrency’s price to retest this level.<\/p>\n

If Fidelity decides to move forward with its spot ETF application, it will be the second time the company has made such an attempt.<\/p>\n

Fidelity’s application for the Wise Origin Bitcoin Trust in 2021 was previously denied by the SEC<\/u>, with the dismissal taking place on January 27, 2022.<\/p>\n

Cryptocurrencies are gaining wider acceptance, and prominent finance firms are taking notice.\u00a0<\/p>\n

In line with the improving cryptocurrency market sentiment,\u00a0crypto airdrops offer an appealing way to generate returns and boost crypto holdings.<\/p>\n

L the Meme Coin, Wall Street Memes, and zkSync are some of the best cryptos to buy now with airdrop.<\/p>\n

L The Meme Coin: Turning Twitter Clout into Crypto Rewards<\/strong><\/h2>\n

$L, the new meme coin designed to promote a community among verified Elon Musk supporters on Twitter, is experiencing increased volatility of price movements since its recent listing.<\/p>\n

The price saw a massive surge of 7,542% in the first three hours of listing, but it has since fallen and currently sits at 2,365.89% of its listing price as of writing.<\/p>\n

Examining the 15-minute chart, the 20 EMA is currently at $0.00001148, while the 50 EMA stands at $0.00001465.<\/p>\n

The price currently hovers at $0.00001208, which is above the 20 EMA but below the 50 EMA.<\/p>\n

This indicates a mixed sentiment in the short term, as the price has managed to stay above the 20 EMA support level but is struggling to surpass the 50 EMA resistance level.<\/p>\n

The 15-minute RSI reads 49.34, suggesting a neutral momentum. With the RSI neither in the overbought nor oversold territory, traders should remain cautious and monitor further price movements before making any decisions.<\/p>\n

The 15-minute MACD histogram measures 0.00000050, which indicates a potential shift in momentum.<\/p>\n

As the MACD approaches the zero line, traders should keep an eye on this indicator for the possibility of a bullish crossover.<\/p>\n

In terms of volume and market capitalization, $L has attracted considerable interest, with a 24-hour trading volume of $26.68 million and a market cap of $9.72 million, according to DEXTools<\/u>.<\/p>\n

Regarding price levels, $L faces immediate resistance at the Fib 0.618 level of $0.00001247, followed by the 15-minute 50 EMA at $0.00001465.<\/p>\n

On the flip side, the token finds support at the 15-minute 20-EMA level of $0.00001148, followed by the current swing low support range between $0.000008045 and $0.000008701.<\/p>\n

$L’s technical indicators reflect a mix of bearish and neutral sentiment in the short term.<\/p>\n

Traders are advised to closely monitor the price action and key indicators for potential trend reversals or continuations.<\/p>\n

The project’s origins can be traced back to a tweet by Elon Musk in 2021<\/u><\/a>, where he expressed his fondness for the character L from Death Note.<\/p>\n

To incentivize subscriptions to Twitter Blue, $L has developed a proprietary algorithm that measures the value of an individual’s Twitter account in $L tokens.<\/p>\n

The recent airdrop reservation period ran from June 12 to June 26, and participants can now claim their airdrops from the website from June 26 to July 3.<\/p>\n

Dethroning Doge? Wall Street Memes Presale Gives Meme Coin Lovers a Chance<\/strong><\/h2>\n

Wall Street Memes, a rapidly growing retail investing community, recently reached a significant milestone in its $WSM meme coin presale, raising over $10.9 million so far in just over a month.<\/p>\n

With an engaged community of over 1 million members across multiple social media platforms, Wall Street Memes is quickly becoming the king of meme coins, attracting attention from influential figures like Elon Musk and Gary Vee.<\/p>\n

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With a strong history of selling out cryptocurrency asset launches like the Wall Street Bulls NFT collection, Wall Street Memes shows great potential as an investment opportunity.<\/p>\n

Analysts predict that the $WSM token will soon be listed on major cryptocurrency exchanges, like Binance, due to the vast size of the Wall Street Memes community.<\/p>\n

The project’s team has initiated discussions with several top 10 exchanges, and a major listing could help $WSM achieve a market cap of over $1 billion.<\/p>\n

Prior to listing on centralized exchanges, $WSM will be available on decentralized exchanges, offering everyone the chance to participate.<\/p>\n

Originating from the 2021 movement of retail investors challenging Wall Street, Wall Street Memes is now tokenizing that rebellion with its $WSM token and Ordinal NFTs on the Bitcoin blockchain.<\/p>\n

The project seeks to empower the little guy, with 100% of the token supply dedicated to the community \u2013 no private sales or team allocations.<\/p>\n

The total supply of 2 billion $WSM tokens will be distributed between the presale, marketing efforts, community rewards, and liquidity for both centralized and decentralized exchanges.<\/p>\n

With a substantial portion of the supply allocated to community rewards, airdrops are expected to be a significant part of the ecosystem.<\/p>\n

Investors looking to secure $WSM tokens at the best possible price should consider joining the ongoing crypto presale<\/u>, as demand for the token is expected to increase once it lists on exchanges, potentially driving up its price.<\/p>\n

Visit Wall Street Memes Now<\/u><\/strong><\/p>\n

Unlock Potential Gains with zkSync\u2019s Incoming Airdrop<\/strong><\/h2>\n

zkSync is a Layer 2 blockchain scaling solution that focuses on addressing the challenges of high transaction fees and network congestion on the Ethereum network.<\/p>\n

By utilizing rollups and zero-knowledge technology, zkSync significantly improves scalability, enabling faster and more affordable transactions for users.<\/p>\n

As Ethereum’s popularity continues to rise, zkSync offers a promising solution to enhance the network’s performance and efficiency.<\/p>\n

zkSync allows users to transfer their assets from the main Ethereum network to the zkSync Layer 2 network through a process called “bridging.”<\/p>\n

Once assets are on the zkSync network, users can enjoy reduced gas fees and faster transactions, improving their overall experience with decentralized applications (dApps) and other blockchain projects.<\/p>\n

zkSync’s use of zero-knowledge proofs (ZKPs) enables the platform to process and validate a large number of transactions within a single proof, reducing the computational load on the Ethereum network.<\/p>\n

This technology maintains the security and decentralization of the Ethereum blockchain while substantially increasing transaction throughput.<\/p>\n

Some notable projects integrated with zkSync include Mute, a decentralized privacy-focused messaging app, and Mint Square, an NFT marketplace for creators and collectors.<\/p>\n

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Speculation surrounding a potential zkSync token launch and airdrop for early adopters has circulated within the community.<\/p>\n

Although the zkSync team has not confirmed these rumors, users who actively engage with the ecosystem may increase their chances of being eligible for a possible airdrop.<\/p>\n

zkSync’s technology and growing ecosystem make it an important development to watch within the Ethereum blockchain<\/u>.<\/p>\n

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.<\/sup><\/i><\/p>\n<\/p><\/div>\n