Best Crypto to Buy Now September 11 - Kaspa, Optimism, Synthetix

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Crypto traders are always searching for the best cryptocurrencies to buy on any given day – we list some high-potential coins in this post.

Many people ask what will happen if the global crypto market cap breaks the $1 trillion floor.

The global crypto market cap has remained above the $1 trillion mark since its recovery from the FTX crash.

However, recent trends in the market threaten its ability to hold above that mark. In the last 24 hours, the crypto market cap has seen over 1.3% decline in overall value, pushing as far down as $1.02 trillion.

Best Crypto to Buy Now

While the overall trend in the crypto market unfolds, what are the best cryptos to buy now? Investors in the market may have to look beyond the uptrend to identify the best opportunities today. The price declines across the board resent a chance to buy the dip, and today’s review identifies some of the tokens that are well-positioned to kick into an uptrend in the coming days.

Global Crypto Market Cap Chart

1. Injective (INJ)

In the early hours of the day, the token posted up to a 2% increase in price and trading volume pump of over 100%. Currently it is trending sideways, and the bears are trying to turn INJ into a downtrend. However, the trend is not particular to INJ, as it is also visible across the crypto market.

INJ’s ability to withstand market downturn has always been impressive. The strength of the asset comes from its upbeat community and forward-thinking team.

In the last 52 weeks, INJ has seen a price pump of about 300%, a trend that placed it as one of the top-performing cryptos in the top 100.

Injective made significant progress across the crypto industry last week, cementing its identity as one of the best cryptos to buy now. The move towards increasing its partnerships across the industry will generate increased demand for its services.

Quick weekly recap

1️⃣ @klaytn_official integrated Injective
2️⃣ 1RPC integrated Injective to bring privacy focused infra
3️⃣ 280M+ on-chain txs processed
4️⃣ Station Wallet integrated Injective
5️⃣ @MitoFinance launched for all early access NFT holders

What will the new week bring?

— Injective 🥷 (@injective) September 9, 2023

Hence, the value of INJ may follow the increasing demand. The asset’s price will likely swing into a reversal in the coming days as its RSI currently has a value of 33, which is getting closer to its oversold range. Thus, INJ is one of the cryptos to watch for the week.

2. Synthetix (SNX)

Even though SNX put up a resilient performance at the start of the market downturn in August, it later caved in with a downtrend that took over 8% off its value last. Nonetheless, the declining price of SNX does not remove it from the list of the best cryptos to buy now.

Overall, its performance beats 50% of the crypto market. Moreover, SNX RSI trends reveal it’s getting closer to its oversold zone and will soon swing into a reveal. Also, the SNX MACD reading signals an impending bullish trend, even though its moving averages fall in the bearish zone.

As Q3 glides to a close, the coming of Synthetix v3 becomes more imminent. The platform is launching its v2, which it claims will upgrade to its current version, featuring new integrations and optimization.

Curious about Synthetix Perps V3?

Dive in with @snxambassadors on Spartan Spaces, Thursday, 6 pm UTC.

Explore new features, integrator possibilities, and benefits of building on V3 infrastructure.

RSVP 👇 pic.twitter.com/IkzhKpEddq

— Synthetix ⚔️ (@synthetix_io) September 5, 2023

With the launch of the v3, the price of the SNX token is bound to skyrocket as the demand for the platform improves. Hence, the downturn presents an opportunity to buy the dip. However, it’s best to watch the token trend in the meantime to see how it unfolds, as the overall performance of the crypto market is currently below par.

3. Kaspa (KAS)

While the overall performance of the cryptocurrency market today is below par, KAS trends against the market, posting gains of over 2%. It’s not KAS’s first shown resilience in a market downturn.

The trend of the asset reveals its overall ability to withstand pressure in the crypto market. In addition to its increasing price, Kaspa has seen a 66% increase in trading volume.

KAS is not only performing well at the moment, but data from its technical analysis shows that the token has the potential to record more uptrend this week. Firstly, all KAS oscillators remain in the neutral range with a MACD reading of 0.000005, indicating a bullish trend.

Likewise, the basket of moving averages applied to the token indicates values below its current value. Hence, KAS is bound to maintain its current trend, except for its 50-day SMA, which signals a bearish moment.

Also, KAS boasts remarkable price data, making it one of the best cryptos to buy now. Its price has increased by 800% in the last 52 weeks, making it the highest gainer in the top 500 cryptocurrencies.

Despite KAS’s impressive data, its liquidity remains a challenge to overcome, which may influence the price action in the future. On the other hand, the circulating supply of Kaspa is currently 71% of its maximum supply, a factor that influences its price in the future.

4. Optimism (OP)

Is Optimism one of the best cryptos to buy now? OP has been on a wild fluctuation for most of the year, with relatively high volatility. The crypto opened the year with an upbeat trend but quickly gave in to bear pressure, especially those resulting from the activities of the SEC in the crypto industry.

Even with this, the current performance of OP has not discredited the asset as one of the best cryptos to buy now. It presents an opportunity to buy at a reduced price.

The trading volume of Optimism is currently on the rise, and its technical analysis also indicates that the asset is currently undergoing some level of accumulation. Hence, investors should watch the trends of OP closely as the battle between the bulls and the bears rages on.

5. yPredict (YPRED)

yPredict presale just crossed the $3.8 million mark and gradually headed toward the $4.58 million target.

With that, the price of YPRED will soon move a step higher. It sells for $0.1, and as soon as the project crosses the next milestone, it’ll increase by 11.11%. The YPRED token is dubbed the platform that runs on pure brain power.

🧠The $YPRED token runs on pure brain power! Backed by https://t.co/LxaqdeZZqV's ground-breaking artificial intelligence models for generating accurate crypto forecasts. ⚡ #YPRED #HODL #CryptoGems #CryptoTrading #yPredict pic.twitter.com/CXuLnlNk8D

— yPredict.ai (@yPredict_ai) September 8, 2023

The project has created a revolutionary platform that provides various solutions to crypto trading and investors. With the uncertainties in the crypto market, tools are needed to help with accurate decision-making.

Hence, the yPredict team has emerged with the needed solution. The team is solving the crypto trading problem and exploring the use of blockchain-based solutions in other areas, including SEO and content creation.

The platform still extends invitations to crypto investors to participate in the presale and make the project a reality. The launch date is slated for Q1 of 2024, and the team is perpetually at work to ensure they bring the best solution to market.

yPredict social media handle and presale page are constantly updated with the project’s progress.

Visit yPredict presale.