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Best Crypto to Buy Now August 10 – Uniswap, Litecoin, Aptos 

August 11, 2023
in Bitcoin
Reading Time: 9 mins read
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‘What’s the greatest crypto to purchase proper now’ is a typical query requested by buyers – on this article, we discover a spread of tokens to observe.

Nonetheless, with the latest explosion in cryptocurrency costs, buyers are turning to altcoins seeking the perfect belongings so as to add to their portfolios. 

The draw back, nevertheless, is that the bears are actually all out to take some revenue from the spike. BTC, up almost 2% yesterday, had been compelled to return to its downward pattern. 

Finest Crypto to Purchase Now

With the second month of Q3 regularly attending to the center, it’s excessive time crypto buyers regarded into their asset luggage to see how their investments are doing. Equally, it is perhaps the perfect time to look into new cryptocurrencies to search out these bringing much-desired revenue. To that finish, some promising cryptocurrency presales have been included within the checklist under. Keep until the tip to search out out extra.

1. Uniswap (UNI) 

Is Uniswap the greatest crypto to purchase now? There’s a necessity to have a look at its efficiency from a basic and technical standpoint to reply the questions precisely. However firstly, its efficiency within the final 24 hours has been spectacular. It has a pump of about 3% in value, and its buying and selling quantity noticed a boss of about 7%. 

1/ It’s been a sizzling 😎 summer time for scaling.

Nearly each L2 challenge in crypto has shipped main upgrades.

Should you’re in search of refresher, we acquired you coated 👊

Scaling options are key to Ethereum’s future, and one of the best ways to be taught is to go onchain ⛓️https://t.co/bYexr2zUSR

— Uniswap Labs 🦄 (@Uniswap) August 9, 2023

Uniswap integration into Base mainnet is probably going answerable for the spike in buying and selling quantity and, by extension, the value improve. Coinbase launched Base to supply a platform the place the crypto trade can develop dAPPs and entry different Coinbase merchandise. Therefore, it makes use of Uniswap for swaps and contributes to staking swimming pools. In addition to, the Uniswap V4 improve continues to collect steam. 

With the expansion comes a rise in worth. Uniswap value within the final 24 hours topped $ 6.25. Its present value tends to be a lot larger than its 200-day EMA, signaling the likelihood of UNI retaining its positive aspects for much longer. Additionally, within the final 30 days, UNI recorded about 19 inexperienced days. It is perhaps secure to take a position that UNI could be one of many belongings with a worthwhile Q3.

Uniswap price chart

Whereas the crypto neighborhood awaits the launch of V4, merchants and buyers ought to regulate the pattern of UNI because the pattern unfolds.

The one draw back with Uniswap is that some top-performing cryptos at present outperform the asset. It might create a shift in buyers’ curiosity in the long term.

2. WOO Community (WOO)

For about seven days now, the value of WOO has been on the rise. At this tempo, the token may break above its $0.19 resistance. WOO fell from the $0.22 vary in direction of mid-June and has declined since.

One may ask why WOO could be the perfect crypto to purchase now. The reply is in its efficiency up to now few days. The bulls have tried to push the value of WOO above $0.19 a number of instances up to now few days.

Nevertheless, there’s been repeated rejection at that vary. Honest sufficient, such rejection must be anticipated because the asset’s present value is under its 200-day transferring common. On this mild, the market’s confidence to build up will are typically decrease.

WOO price chart

Regardless of its subpar efficiency, WOO is perhaps heading to distinctive value actions within the coming days. Its efficiency within the early hours of at this time emphasizes the details. The token recorded an intraday improve of as much as 3%. It additionally aligns with the RSI indicator, which has a studying 41 on its each day charts at press time.

Invariably, the WOO tilts extra in direction of the oversold vary, and the value is anticipated to enter retrace quickly.

Nonetheless, there is perhaps a necessity to observe and see the general image of the asset earlier than making a choice.

3. Litecoin (LTC) 

Not too long ago, the value of LTC went by way of a constant improve, particularly within the weeks earlier than the coin halving. Nevertheless, the strain from the bears has taken over, and LTC has switched to a declining value pattern within the weeks that adopted its halving.

The downward push has drained over 20% from the asset’s value, bringing the value to $ 83.90. What makes LTC $ 83.90 probably the greatest cryptos to purchase now’s its latest pattern. Regardless of the huge value decline, the token maintained a progressive uptrend for a number of days.

Litecoin price chart

Furthermore, the token outperforms 88% of the top-ranking cryptocurrencies, together with Bitcoin. With the pattern, LTC will possible win buyers’ curiosity and returns to an explosive pattern very quickly.

Additionally, info posted on its official Twitter deal with unveils LTC as one of many 4 cryptos accepted on PayPal by way of the PYUSD stablecoin.

.@Paypal is including its personal new secure token $PYUSD to the app and sure prospects can convert it to different cryptocurrencies supported by the #PayPal ecosystem. There’s solely 4, one in every of which is Litecoin ⚡ $LTC pic.twitter.com/IxLFOAOCaY

— Litecoin (@litecoin) August 7, 2023

Nevertheless, there are some downsides to the general efficiency of LTC. Firstly, its present value is under its long-term transferring averages. It spells some probably damaging outcomes. Additionally, it has had fewer inexperienced days not too long ago. Buyers will want extra convincing to come back on board for concern of loss.

Nonetheless, with its RSI within the oversold ranges, LTC will quickly discover the rally to regain momentum. Buyers ought to watch the token carefully.

4. Aptos (APT) 

APT tops the gainers checklist at this time with over a 9% improve within the final 24 hours. The sudden pump has raised the value of the token to $7.3. Moreover, APT noticed a lift of over 100% in its buying and selling quantity, bringing the buying and selling quantity to 2.6 billion within the final 24 hours.

Aptos is greatest for the function it performs within the decentralized software market. The platform is working in direction of rising the adoption of blockchain-based apps. Its recorded immense progress and remains to be pushing for floor. Nevertheless, different choices are coming into the dAPP market, which has weakened its maintain. Therefore, the event decreased the worth of the asset. 

It’s not the primary time the token is recording a pump this yr regardless of its wrestle to stay worthwhile. The token reached its all-time excessive in January of this yr when it traded for $19.8. However, it’s been on a declining pattern since its highs. What makes the token probably the greatest cryptos to purchase now’s the info from APT technical evaluation.

Aptos price chart

The token is at present present process value consolidation. Its value fluctuates sideways with out deciding on a route. Earlier than the latest value spike a number of days in the past, the token traded sideways earlier than leaping by almost 35%. 

At press time, APT is present process one other spherical of consolidation. What’s attention-grabbing is that proper now, its RSI remains to be within the 58 vary, which implies that buyers” sentiment will stay bullish for a number of extra days.

However there’s a caveat to the traits of APT. Its 200-day costs are above its present value, which suggests there may be prone to be an enormous sell-off. Merchants who wish to get entangled within the asset ought to watch the pattern as carefully as doable. 

5. Launchpad XYZ (LPX) 

Launchpad XYZ presale crossed the $1.2 million mark not too long ago. It was an thrilling milestone for the platform and its neighborhood.

Whereas the push for larger heights continues, the Launchpad XYZ workforce has rolled out a number of initiatives to supply worth for buyers whereas they await them. 

🎉 HUGE NEWS! We’ve simply crossed the $1.2 million mark in our #Presale!

A heartfelt thanks to our unbelievable neighborhood. The journey has solely begun 🚀

Be a part of the $LPX presale at this time! ⤵️https://t.co/6qHqqRBG7F#LaunchpadXYZ #Crypto #Web3 #Commerce #Alts pic.twitter.com/fZpXciMLVp

— Launchpad.xyz (@launchpadlpx) August 8, 2023

One in every of its latest affords is the entry to digital instruments granted by way of the Pratt Edu interface shared on its official Twitter deal with. The Launchpad XYZ workforce has additionally offered crypto buying and selling indicators to its neighborhood. The aim is to provide the buyers a style of what’s to come back.

In line with its presale web page, the Launchpad XYZ platform offers merchants and buyers entry to web3 info. These instruments assist them make higher buying and selling and funding selections. Additionally, there are alternatives to be taught and entry different instructional instruments. The platform additionally guarantees to supply AI benefit to LPX holders by way of its proprietary synthetic intelligence software.

Nevertheless, customers should have the LPX token to benefit from the profit. In the mean time, LPX is bought for $0.0445. From the knowledge out there on its presale web page, the value will improve very quickly. It’s greatest to snap the chance whereas it’s nonetheless out there.

Go to Launchpad XYZ presale. 

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