Join Our Telegram channel to stay up to date on breaking news coverage
Finding the best crypto to buy right now is a never-ending task, with dozens of tokens launched on CEX and DEX platforms daily.
As the crypto market evolves, investors must understand each digital asset’s unique features and potential advantages. This piece offers a comprehensive overview of the best tokens to buy now, explaining their unique attributes and the factors contributing to their appeal as potential investments in the market.
Best Crypto to Buy Now
As of today, Pendle’s native token, PENDLE, has experienced a notable uptick of 10.18%, attributed to the platform’s growing adoption and heightened user activity. Similarly, Stacks has showcased its potential in the altcoin market, evidenced by a corresponding increase in its value. In addition, Astar Network has recently introduced zkEVM, a pioneering Layer 2 scaling solution designed for Ethereum.
1. Pendle (PENDLE)
Pendle has witnessed a surge of 10.18% in its native token, PENDLE, over the last 24 hours. This upward trend is attributed to the platform’s expanding adoption and increased activity. The surge coincides with Pendle’s Total Value Locked (TVL) reaching new all-time highs.
Furthermore, Pendle is a DeFi platform that focuses on tokenizing future yield streams from assets. This unique approach enables users to trade future yield optionality or deposit assets to earn rewards. The platform employs a distinctive model that combines options trading with Automated Market Makers (AMMs) tailored for duration-based assets.
In addition, Pendle’s announcement about a recent collaboration with Ondo Finance further enhances its capabilities. Announced on January 29, this partnership allows users to leverage the composability of Pendle’s tokenized cash equivalents. Moreover, Pendle peaked on February 2, 2024, at an all-time high of $2.87.
Conversely, its lowest price was recorded on November 14, 2022, at $0.034103. Since reaching the all-time high, the lowest price experienced was $2.80 (cycle low), while the highest post-cycle low was $2.86 (cycle high). In addition, Pendle’s token is trading above the 200-day Simple Moving Average (SMA) and has seen positive price movement on 15 out of the last 30 days.
The best of Pendle #LRTs at a single glance – the perfect way to optimize your yields, points and rewards.
More to come soon! pic.twitter.com/lF8FjLeJdI
— Pendle (@pendle_fi) February 1, 2024
As the Fear & Greed Index indicates, the token’s overall sentiment is bullish, registering at 63 (Greed). The project demonstrates high liquidity based on its market capitalization and is actively traded on the Binance platform.
2. Stacks (STX)
Stacks has demonstrated potential in the altcoin market, with a corresponding surge in value. This uptick aligns with the announcement that Luganodes is bringing its robust infrastructure to the Stacks network. Luganodes will support the Stacks layer, paving the way for programmable Bitcoin via sBTC later in the year.
This move aims to contribute to unlocking Bitcoin’s full potential by facilitating quicker, more cost-effective transactions on Layer 2 networks. Anticipated releases of the Nakamoto and sBTC upgrades on the Stacks network are poised to enhance transaction speeds. It also aims to provide transactions backed by complete Bitcoin finality and easily integrate the sBTC asset.
It's official! @luganodes is bringing its world-class infrastructure to the Stacks L2 as we head toward the Nakamoto & sBTC upgrades 🧡
They’ll be supporting the Stacks layer as a Signer which will ultimately enable programmable Bitcoin via sBTC later this year.
More below 👇 pic.twitter.com/NpKswHdWQN
— stacks.btc (@Stacks) February 1, 2024
As of the latest update, Stacks is valued at $1.54, reflecting a 5.49% intraday increase. Moreover, it is trading above the 200-day simple moving average and has seen 15 positive days in the last 30 days. Last year, Stacks witnessed a 434% price increase, outperforming 93% of the top 100 crypto assets. Stacks’ recent performance, coupled with the Luganodes partnership and upcoming network upgrades, positions it as a project to watch.
3. Kaspa (KAS)
Kaspa unveiled the completion of Ledger hardware wallet integration, enhancing security measures for managing its native KAS token. This strategic move allows KAS holders to employ Ledger’s renowned cold storage devices, bolstering protection for this proof-of-work asset.
Since the announcement, KAS has experienced a 3.80% increase in trading within 24 hours, accompanied by a market cap reaching $2 billion. Moreover, Kaspa’s circulating supply is 22.54 billion KAS out of a maximum supply of 28.70 billion. Furthermore, KAS ranks 7th in the Proof-of-Work Coins sector and 22nd in the Layer 1 sector and has demonstrated impressive growth.
🎉Good news! 📢 The long-awaited @Ledger integration is complete!
Securely manage and store your $KAS on Nano S, Nano S+ and Nano X! Download the #Kaspa app via #LedgerLive and use https://t.co/P3EWYgBnt1 to interact with your new app.Ledger Guide: https://t.co/gAcqWs7aVC… pic.twitter.com/Q3de2qHZ2Q
— Kaspa (@KaspaCurrency) January 30, 2024
KAS boasts a remarkable 1,686% price surge last year. This performance has outpaced 98% of the top 100 crypto assets. In addition, Kaspa’s liquidity is robust, supported by its substantial market cap. The token is actively traded on the KuCoin platform, contributing to its accessibility in the market.
In summary, Kaspa’s recent integration with Ledger adds a layer of security to its ecosystem, reflecting a commitment to safeguarding the interests of KAS token holders. The project’s standing in the crypto market is marked by significant growth.
4. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix is reshaping the landscape of decentralized Bitcoin (BTC) mining. The platform’s core mission is to offer a secure and transparent mining experience through tokenizing cloud mining operations. This innovation allows users to possess decentralized and tradable tokens, introducing a unique dimension to cryptocurrency mining.
Identifying the distinctions between #BitcoinMinetrix and Conventional Cloud Mining! 🌐
Safety and Security: 🛡️#BTCMTX: Empowering users with decentralized, tradable #Tokens.
Conventional Cloud Mining: Mandates cash deposits. pic.twitter.com/hCkOD1UViF
— Bitcoinminetrix (@bitcoinminetrix) February 1, 2024
Moreover, Bitcoin Minetrix’s substantial success during its presale phase positions its token as the best crypto to buy now. The ongoing presale for BTCMTX has raised an impressive $10,118,369.24 in funds, with each token priced at $0.0132. It is important to note that prospective investors still have a window of opportunity to participate before the imminent price increase in three days.
The project’s growth indicates its ability to engage participants effectively and secure substantial funding, emphasizing the market’s interest in its distinctive staking mechanism. A thorough evaluation of the project’s claims and staking structure is crucial for investors before making informed decisions.
Visit the Bitcoin Minetrix presale.
5. Astar (ASTR)
Astar Network recently unveiled its zkEVM, a novel Layer 2 scaling solution tailored for Ethereum. Set to launch later this month, zkEVM stands out as a zero-knowledge Ethereum Virtual Machine-compatible L2 powered by Polygon’s CDK. This development aims to introduce a secure, scalable, and gas-efficient blockchain platform catering to Web3 projects and enterprises.
Also, Astar partnered with DeSpread to promote the Astar Network in Korea. This integration aims to foster connectivity among diverse local cryptocurrency markets. Leveraging DeSpread’s extensive experience and strong connections in the Korean market, the collaboration aims to onboard partners to the Astar network actively. This initiative, in turn, facilitates the expansion of Korean Web3 companies into Japan.
Moreover, ASTR, the native cryptocurrency of Astar, exhibited a 5.03% price increase within the last 24 hours. The Astar price prediction sentiment currently signals bullish trends, complemented by a Fear & Greed Index score of 63 (Greed). Furthermore, the circulating supply of ASTR is 5.56 billion out of a maximum supply of 7.00 billion.
📢 Are you ready? 🙌
The Astar zkEVM mainnet is coming soon! 🔗
Prepare for a journey with us to celebrate the mainnet launch and our Japanese roots in a way that's uniquely Astar! 🎉
Come and discover our original character "Yoki", and explore our zkEVM ecosystem! pic.twitter.com/77clcNKnmA
— Astar Network (@AstarNetwork) February 1, 2024
The coin maintains a position above the 200-day simple moving average and a remarkable 203% price surge last year. Astar’s key strength lies in its zk-powered Ethereum L2 Scaling (zkEVM), encompassing EVM, Wasm, and a cutting-edge ecosystem. This configuration positions Astar as a provider of robust, secure, and interoperable Web3 technology, addressing the evolving needs of the blockchain landscape.
In the crypto scene, Binance recently introduced an In-App Inscriptions Marketplace, providing users with a centralized platform to inscribe and trade various inscriptions, including the Bitcoin BRC-20 token known as ORDI.
Read More
Most Searched Crypto Launch - Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards - pepeunchained.com
- $40+ Million Raised at ICO - Ends December
Join Our Telegram channel to stay up to date on breaking news coverage
