The video discusses the top cryptocurrencies to buy, including Dogecoin which has increased by approximately 50% in the last seven days due to Elon Musk’s 44 billion dollar deal to buy Twitter. The video suggests buying some of the other cryptocurrencies mentioned and explores the news that caused the market to go up. The video provides time stamps and links to MooMoo and Bitget, both of which offer bonus deals for new users. The video also discusses the recent earnings of several companies and the potential change in the Fed’s hike rates. The speaker also highlights the potential utility and drawbacks of Dogecoin as a form of payment.
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Introduction
How’s it going everyone, it’s Sam! Today we are going to take a look at the top crypto to buy now. There was some recent news about Dogecoin that pushed it up about 50% over the last seven days. I want to talk to you about whether I think now is the time to be buying that or now’s the time to be buying some other cryptos.
Favorite Cryptos in Every Sector
I will talk about kind of my favorite crypto in every single sector or a few different sectors, at least in within crypto. Now, I also want to talk about some of the news today that came out that is causing the market to go up.
Time Stamps and Extra Deals
There are also going to be time stamps underneath the video in case you want to move around. And I put this green on the screen because there is some extra free money on top of the normal deals that we have for Bitget and MooMoo. They’re extra special deals that they’re giving you extra money.
MooMoo and Bitget Links
There’s also a link down there to MooMoo, so I know I usually talk about that, but they also are giving an extra bonus. So this month when you sign up and deposit any amount, you get an extra ten dollars in cash. And when you sign up and deposit a hundred dollars, you get five free stocks. If you go up to two thousand, you get 15 free stocks worth up to two thousand dollars each. So make sure you at least do like a hundred dollars so you get five free stocks and the ten dollars in straight cash because that’s a ten percent rate of return plus the stocks on top of that.
There’s also a link down there to Bitget because they’re also doing an extra bonus. So they do this just a few times a year where they have this KCGI World Cup.
Market Update
NASDAQ is up 1.75%, S P 500 up 1.66%, Dow up almost two percent. This is after Amazon had one of the worst days ever and had the I believe it was the largest change in market cap after hours ever.
Recent News and Fed’s Inflation Index
We had the pce which is the fed’s preferred inflation index they came in and it came in slightly lower than expected it came in at 6.2% year over year which was lower than the 6.3 expected.
Investing in Crypto
Now what would you want to buy in crypto though right now what is a good value? Well, a lot of people might be thinking you should buy Dogecoin. It’s actually up 50% or so in the last week. It’s up 12.4% percent here today.
Dogecoin Analysis
A lot of that is because of Elon Musk. You completed his 44 billion dollar deal to buy Twitter. He’s already said that he is the head twit now on Twitter. And a lot of people think that he will probably make Dogecoin either a way of payment on the platform or he will just talk about it more, maybe change the Twitter symbol to a doge.
Dogecoin Utility Analysis
Now personally, I don’t know if you would do that change the logo and I could always be wrong, but I think that would kill some of the branding that they’ve worked on for years. Everyone recognizes that Twitter symbol or almost everyone. So, I’m not sure if they would do that, but I think there’s definitely a possibility that they could make Dogecoin a payment system on their platform.
Conclusion
Thanks for watching the video today! Don’t forget to hit the like button and subscribe button, especially the subscribe button. Turn that bell notification so you know right when I post a video. There’s also a link down there to MooMoo and Bitget if you want to check those out.
