Top Crypto to Invest in Right Now February 22 – Vana, BinaryX, The Sandbox
The cryptocurrency market remains dynamic, with recent price shifts reflecting optimism and caution among investors. The global market cap is $3.2 trillion, experiencing a slight 1.06% decline over the past day. Trading volume has also dipped, down 9.20% to $105.55 billion in 24 hours. Bitcoin continues to dominate, holding 59.93% of the market share, though its influence has slightly decreased.
Following Bitcoin’s strong rally into 2025, market sentiment leans bullish, with many anticipating further momentum. However, most altcoins have retraced from their initial gains. While some see this as a temporary pullback, others believe certain projects could lead to the next wave of growth. With the market in flux, analysts are searching for the top crypto to invest in right now .
BNX is currently valued at $1.14, showing an 18.95% increase over the past week and an impressive 306.63% rise over the last month. This strong performance highlights growing market interest in the token. Meanwhile, MIND of Pepe has secured over $6 million in funding, signaling strong investor confidence. The token is priced at $6.26, with a modest 0.86% gain in the past 24 hours.
Chainlink is a blockchain network that connects smart contracts with real-world data. Chainlink solves this limitation by securely integrating external data, enabling more advanced applications.
The platform operates as a decentralized network, meaning multiple independent participants, known as node operators, maintain and verify data. These operators earn revenue by running the infrastructure that delivers accurate and reliable information to blockchain-based applications.
Chainlink’s decentralized price feeds support various financial services in decentralized finance (DeFi), securing significant value across the industry. Currently, the price of LINK, Chainlink’s native token, is $17.66, reflecting a 6.83% decline over the past 24 hours.
Despite this short-term dip, it has performed well relative to its initial sale price. The trading activity, represented by a 24-hour volume-to-market cap ratio of 0.1009, suggests moderate liquidity. Technical indicators show mixed signals.
The 14-day Relative Strength Index (RSI) is 44.11, meaning the token is neither overbought nor oversold and may move sideways. The 30-day volatility sits at 14%, suggesting stable price fluctuations compared to more volatile cryptocurrencies.
BinaryX (BNX) serves as the core cryptocurrency for the BinaryX ecosystem, supporting its DAO and gaming products. Initially designed as a decentralized trading platform, BinaryX has shifted its focus toward GameFi, developing blockchain-based games and providing Initial Game Offering (IGO) services. The platform aims to help traditional game developers transition into Web3.
Currently, BNX is priced at $1.14, reflecting an 18.95% increase over the past week and a significant 306.63% gain in the last month. Market sentiment remains bullish, with analysts predicting a potential rise to $3.66 by March, representing a 222.82% increase. However, the Fear & Greed Index sits at 49, indicating neutral investor sentiment.
Furthermore, BNX has shown strong liquidity, with a 24-hour trading volume to market cap ratio of 1.4203, suggesting active market participation. Over the past 30 days, the token recorded gains on 15 occasions, demonstrating consistent performance. The 14-day Relative Strength Index (RSI) is at 49.65, signaling a neutral stance.
BinaryX’s evolution into a GameFi platform aligns with the growing interest in blockchain-based gaming. Its expansion into IGOs highlights its role in bridging traditional gaming with decentralized finance.
Vana is a blockchain network designed to give users control over their personal data. It allows individuals to convert private datasets into financial assets by aggregating them for AI model training. Through Data Decentralized Autonomous Organizations (Data DAOs), users can tokenize and monetize their data while maintaining ownership and control over its use.
The token is currently priced at $6.26, reflecting an intraday increase of 0.86%. Over the past seven days, it has risen by 3.25%. The 24-hour trading volume stands at $117.67 million, marking a significant 231.45% increase. The high 24-hour volume-to-market cap ratio of 1.0774 suggests strong liquidity.
Vana’s 14-day Relative Strength Index (RSI) is at 69.05, indicating neutral market conditions. This suggests that the token may continue to trade sideways rather than experiencing sharp price movements in the short term. The 30-day volatility rate is at 23%, which is relatively moderate. Based on current projections, the token’s price could rise by 226.68%, potentially reaching $19.94 by March.
MIND of Pepe is an AI-powered crypto project built on Ethereum. It interacts with social media, engages with influencers, and shares opinions on meme coins. The goal is to gain popularity and use its influence to offer insights. Over time, it plans to create its tokens and provide exclusive benefits to presale investors.
The platform functions as an AI-driven analytics tool that tracks market trends. By processing large amounts of data, it aims to help investors make informed decisions. However, real-time sentiment analysis is complex, and its accuracy remains uncertain. While the concept is ambitious, how well it performs in practice is yet to be seen.
Currently, MIND is in its presale phase, with tokens priced at $0.0033722. As more tokens sell, the price increases, encouraging early investment. The project has raised over $6 million, reflecting investor interest.
MIND also offers a staking system where users lock up tokens in exchange for rewards. So far, over 1 billion tokens have been staked. Rewards are higher for early participants and decrease as more people join. This design encourages adoption but gradually spreads token distribution.
Visit MIND of Pepe Presale
The Sandbox is a blockchain-based virtual world where users can create, trade, and monetize digital assets in a gaming environment. It combines decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs) to give players ownership over their creations. The platform follows a “play-to-earn” model, allowing users to engage as creators and gamers while earning rewards.
Transactions within The Sandbox use the SAND utility token, which enables users to buy, sell, and interact with in-game assets. This model aligns with blockchain principles by ensuring transparency and user control over digital property.
Currently, The Sandbox’s price is $0.35, reflecting a 4.39% decrease in the past 24 hours. Despite this short-term dip, the token remains above its initial sale price. Liquidity appears stable, with a 24-hour trading volume-to-market cap ratio of 0.1831.
Market indicators suggest neutral momentum. The 14-day Relative Strength Index (RSI) sits at 47.69, meaning the token is neither overbought or oversold. With a 30-day volatility of 16%, price fluctuations have been relatively moderate. This suggests that The Sandbox may continue trading sideways in the short term.
Biggest Crypto Hack in History: Market Crashes After Bybit Faces $1.5 Billion ETH Hack
The post Biggest Crypto Hack in History: Market Crashes After Bybit Faces $1.5 Billion ETH Hack appeared first on Coinpedia Fintech News
The crypto market experienced a significant downturn after Bybit, a prominent cryptocurrency exchange, announced a devastating hack involving $1.5 billion worth of cryptocurrencies. This incident marks the largest crypto hack to date. Recent updates, including statements from the CEO, confirm that Bybit was compromised, resulting in the loss of approximately $1.5 billion in Ethereum.
Bybit Faces Biggest Hack in History
Bybit, the Singapore-based centralized crypto exchange, appears to have been hacked. Early estimates suggest the exchange has lost over $1.46 billion worth of ETH, though the investigation is ongoing.
The CEO described the hack on Bybit’s Ethereum multisig cold wallet, where attackers manipulated the signing interface to trick signers into approving a change in the wallet’s smart contract logic, allowing the theft of all ETH in that wallet.
CEO Ben Zhou said, “Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed the correct address and the URL was from Safe. However, the signing message was to change the smart contract logic of our ETH cold wallet. This resulted Hacker took control of the specific ETH cold wallet we signed and transfered all ETH in the cold wallet to this unidentified address. Please rest assured that all other cold wallets are secure. All withdraws are NORMAL. I will keep you guys posted as more develops, If any team can help us to track the stolen fund will be appreciated.”
The story will be updated.
ByBit Lost 70% of Ethereum Holdings to Hacker, Says CEO
Bybit CEO Ben Zhou confirmed in a Friday livestream that the $1.5 billion hack against his crypto exchange lost the firm the vast majority of its customers’ ETH holdings.
“I believe it was around seventy percent,” Zhou told viewers, when asked how much was lost relative to the company’s ETH assets under management. “We normally keep sixty to seventy prevent in the cold wallets, and I believe this was the amount.”
What Caused The Hack?
The breach, first flagged by on-chain sleuth ZachXBT and other high profile accounts on Friday, saw over 400,000 Ether suspiciously leave Bybit’s cold wallet address, before rapidly being swapped its staked mETH and stETH tokens for ETH.
Security experts at Cyvers told CryptoPotato that the hackers tricked those controlling the keys to Bybit’s cold wallet into signing a malicious transaction which, from the signers’ perspectives, looked honest at the time. Jack Sanford, CEO of Sherlock DeFi, had similar findings, said the transaction would have changed the rules of the multisig wallet’s smart contract to bend to the hackers’ wishes. Exact details on how the signers were fooled remain unknown. “The UI itself could have been compromised, [or] Each of these honest people could have had their actual computer compromised,” wrote Sanford.
ZachXBT, a popular on-chain detective for large crypto hacks, submitted “definitive proof” on Friday that the hack was pulled off by the North Korean “Lazarus Group,” according to Arkham Intelligence. Lazarus are the most notorious hackers in the world, attacking several major crypto exchanges in the past.
“TLDR myself and Josh from CF connected the Bybit hack on-chain to the Phemex hack,” said ZachXBT in response.
Can Bybit Cover The Loss?
Despite the seismic loss, Zhou assured followers in a tweet that all client losses remained covered by the exchange. “All client assets are 1:1 backed—we can cover the loss.” Zhou added during the stream that the exchange is reaching out to its partners in search of a “bridge loan” to support its liquidity needs as it processes “massive withdrawals” in the short term.
“We actually already secured almost 80% of the Ethereum that’s been stolen as a bridge loan, to help us with the liquidity crunch.”
So far, Zhou has resisted the idea of pausing exchange withdrawals. Binance co-founder Changpeng Zhao suggested that Bybit do so as a precaution – even if it spurs more fear in the market – offering his own aid if required.
“1.5 billion is fear enough,” he said. “Better to be safe than sorry now.”
More lightheartedly, BitMEX co-founder Arthur Hayes called on Ethereum co-founder Vitalik Buterin to “roll back the chain” to support Bybit – an action Ethereum leaders coordinated ten years ago in response to the DAO hack.
The post ByBit Lost 70% Of Ethereum Holdings To Hacker, Says CEO appeared first on CryptoPotato.