Best Crypto to Buy Now November 28 – THE, SUI, VIRTUAL

Bitcoin’s swift recovery above $95,000 following a 4.22% rise on November 27 has reignited bullish momentum in the cryptocurrency market.

A bullish engulfing candle on the daily chart saved Bitcoin from dipping below the critical $90,000 level. This recovery was largely driven by renewed US investor demand, as seen in the premium gap on Coinbase, which briefly turned negative earlier this week.

Analysts, including CryptoQuant’s Julio Moreno, attribute Bitcoin’s growth to a significant increase in apparent demand, which rose from 17,700 BTC in early October to 243,765 BTC by November 26.

Amid Bitcoin’s rebound, selected altcoins such as THENA (THE), Sui (SUI), and Virtuals Protocol (VIRTUAL) are emerging as some of the best crypto to buy in the current market environment.

THENA (THE): A Binance-Driven Surge

Thena is a decentralized exchange (DEX) built on the BNB Chain, which has captured market attention with its meteoric rise.

The token soared by over 1,450% after Binance announced its listing on November 26, skyrocketing from $0.20 to a peak of $4.10 before stabilizing at $3.44.

The Binance listing has significantly increased THENA’s visibility and liquidity, making it more accessible to millions of traders.

Additional features, such as its inclusion in Binance’s Simple Earn and Auto-Invest programs, are expected to further boost investor engagement.

These tools enable users to earn interest and schedule regular purchases of THENA, enhancing its appeal as a long-term investment.

For those seeking the best crypto to buy, THENA’s explosive growth potential is hard to ignore.

Sui (SUI): Scaling Up With Bitcoin Staking Integration

Sui, a layer-1 blockchain designed for global scalability, is making waves with its recent price rally.

SUI has climbed 79.65% over the past 30 days, briefly reaching a new all-time high of $3.93 earlier this month.

Trading at $3.50 at press time, SUI’s momentum is largely driven by its groundbreaking partnership with Babylon Labs and Lombard Protocol.

This collaboration introduces Bitcoin staking to Sui’s DeFi ecosystem, allowing it to attract liquidity from Bitcoin’s $1.8 trillion market.

The integration enhances Sui’s ecosystem by providing lending, borrowing, and trading services.

Technical analysis indicates a bullish trend, with SUI’s price supported at $3.25 near the lower Keltner Channel band.

A breakout above $3.95 and rising trading volumes could propel the token toward the psychological resistance of $4.50.

SUI offers a balanced mix of innovation and growth potential for investors considering the best crypto to buy.

However, a drop below $3.25 could trigger a pullback to $2.52, presenting a buying opportunity for long-term holders.

Virtuals Protocol (VIRTUAL): Harnessing AI and the Metaverse

Virtuals Protocol stands out as an innovative cryptocurrency merging AI and Metaverse technologies to redefine virtual interactions.

The token is currently trading at $1.00, reflecting a 12.62% gain in the past 24 hours and a 138% increase over the last month.

The bullish flag breakout observed earlier in November has positioned VIRTUAL for sustained growth.

With rising interest in AI-driven altcoins and the influx of funds into big data initiatives, Virtuals Protocol is well-placed to capitalize on these trends.

The token’s trajectory suggests it could soon surpass a $1 billion market cap, solidifying its status as one of the best crypto for investors seeking exposure to the convergence of AI and blockchain.

Better Alternatives and Market Outlook

Beyond individual tokens, the broader cryptocurrency market is experiencing renewed optimism driven by institutional participation.

Marathon Digital’s acquisition of 703 BTC in November, bringing its monthly total to 6,474 BTC, and Metaplanet’s plans to raise $62 million to buy Bitcoin have bolstered market sentiment.

As Bitcoin continues to lead the market, the rising demand for innovative altcoins and presale tokens makes them some of the best crypto to buy for both short-term gains and long-term potential.

The post Best Crypto to Buy Now November 28 – THE, SUI, VIRTUAL appeared first on Cryptonews.

#IndustryTalk #altcoinseason #CryptoPresale2024 #SUI
[Source: CryptoNews]