Best Crypto to Buy Now June 18 - Aptos, Launchpad XYZ, Monero

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Crypto investors may be heaving a sigh of relief as the market gradually picks up. Since our best crypto to buy now update yesterday, the market has undergone a range of changes.

The global crypto market cap is down $1.07T: 0.12% less than its value 24 hours ago. The trading volume in the last 24 hours is also down by 43.54%, with a value of $19.33 billion. DeFi makes up 6.73% of the daily crypto daily trading volume. Also, 92.28% of the crypto trades in the last 24 hours consist of stablecoins.

Global Coin Market cap

In the news, Binance is working towards repatriating US assets to avoid an asset freeze. The move complies with the recent order issued to the crypto exchange giant.

Best Crypto to Buy Now

Considering the trend in the market, coin investors are taking shelter in stable coins as the uncertainty in the market raves on. In today’s update, we’re unveiling some cryptocurrencies that are showing resilience in the markets. Likewise, we’ve included presale coins you investors should watch.

1. Aptos (APT)

Is APT the best crypto to buy now? While APT may be performing well today, the journey has not been smooth for the token. Since its launch till date, APT has lost 17% of its value. At the moment it’s trading at about $7. Whereas, APT’s listing price was about $8.

Just a few days ago, while the market was recovering from the impact of the SEC’s crackdown, APT went against the trend and lost 20% of its value.

Aptos is a proof-of-stake blockchain project working towards building a platform where an ecosystem of dApps can thrive and tackle real-world problems. The platform was launched in late 2023 and it built up its efficiency to the point where it can handle up to 150,000 transactions.

Despite its relatively poor performance in the market, the APT price may be on the correction course. In the last 30 days, APT had 15 green days which indicates that the price may be consolidating already. In the coming days, chances are that the bulls would mount pressure on the $8.67 resistance to force the coin into the profit zone.

Nonetheless, the overall sentiment of the market towards the coin is less aggressive as the greed/fear index reads 47. All other indicators point towards neutral sentiments and are much less bullish.

Now may be the best time to buy APT as the price prepares for a correction. Buying the dip may position investors to cash in on the upward trends that would result from the price correction.

2. SingularityNET (AGIX)

SingularityNET has been in a bad light since it lost over 99% of its value only weeks after its launch. Its struggles continued until early 2021 when the coin embarked on a recovery course.

Nonetheless, it quickly lost all its gains in the coin market crash of 2022. For a crypto project that raised over $36 million in minutes of ICO, that may be a discouraging result indeed.

Even though it has attempted recovery many times this year, the pressure from the bears has kept the price down. Is AGIX the best coin to buy now?

SingluarityNET is a blockchain platform where users can build and deploy AI services. The project is working on an AI marketplace where users can test and purchase AI services. With the growth in the demand for AI services across the world. AGIX may be positioned to benefit from the AI trend when it becomes mainstream.

However, recent trends in the coin markets show that Blockchain-based AI projects may be ahead of their time. The bear wave that rocked the market a few days ago impacted the AI category more than any other, which indicates the AI category is still in the development phase.

Buying SingularityNET would be a good long-term strategy as the price is currently at its lowest. As the market recovers and blockchain-backed AI projects take off, we’re likely to see an upshoot in the price of SingularityNET.

3. Shiba Inu (SHIB)

Shiba Inu is by far one of the best crypto launches in recent times. The coin has given investors over 540000% returns on investments since its launch.

Despite its amazing growth, this year has not been the best of the coin. Shib has been on an overall downward trend that’s shaved off most of its past gains. Since the close of 2021 today the trading volume of SHIB shrank from over $8 billion daily volume to $95 million.

In the same vein, the burn mechanism has shrunk significantly. The network initiated the burn mechanism to drive up the value of the coin. However, the SHIB burn has continued to decline over the past weeks. The plummeting values may have contributed to the declining confidence and price.

However, recent events are showing that SHIB may be the best crypto to buy now. The trends in the past few days have been progressively upward. Things even took a new turn when the layer-2 blockchain project, Shibarium launched. The move has since redressed the decline in price and sent the price of the coin on an upward trend.

At the current pace, it may be the best time to buy Shiba as indicators signal the coin will continue on its growth path in the coming days. The fear/greed index remains neutral. You may want to note that the Shiba Inu platform now features cross chains transactions, according to the information available on CoinMarketCap.

4. Monero (XMR)

Is Monero becoming the best crypto to buy now? Following its launch in 2014, to take off with. However, in the wake of the crypto bull run of 2017, the coin enjoyed a rally that brought its price to $5. In a few months, the price growth forced the price to an all-time high of $517. However, the coin quickly embarked on a downward price movement that brought the value to a dip as low as $33 in 2019.

Nonetheless, one surprising trend in the XMR price history is its resilience during the 2022 crypto crash. While other cryptocurrencies lost large margins in their gains, XMR held on to most of its gains quickly consolidated its price and embarked on an upward trend. As of today, the coin has amassed 3% gain and it may be the first of many gains this week. Signals indicate that XMR may be building momentum for its $143 breakthrough.

Recent price movement shows that XMR has found support at the $135 mark. Its MACD histogram indicates that the market is currently bullish on the coin. The current trend is likely to continue in the meantime. Notwithstanding, a long-term look at XMR may speak of a different reality. Therefore, investors should watch the coin closely.

5. Launchpad XYZ (LPX)

Launchpad XYZ presales continue as the new crypto matches towards its first million-dollar presale fundraising. Currently, at $992k, it’s only $8000. The coin kicked off its presale a few weeks ago and continued to make headway across the board. A key part of its progress so far is the highly engaged community forming around the platform. A deeper look at the overall ideology behind the platform and its approach to its presale fundraising signals that Launchpad XYZ may be up to a good start. Technically, LPX is one of the best cryptos to buy now.

As a crypto project, LPX is working towards providing Web3 users with the tools they need to become successful in the new digital environment. Part of the vision of the platform is to equip users with insight, knowledge, strategy, and analysis for better decision-making. Users will be able to enhance their trading strategies through the Launchpad XYZ trading terminal. In addition, the platform intends to integrate curated news and info about top trade setups from experts.

The full scope of the project is still a work in progress. Nonetheless, the performance at presale shows it is on a good path and in good hands. Investors should watch out for this one as it is likely to hit the ground running.

Visit Launchpad XYZ Presale.

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