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

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‘What is the best crypto to buy right now’ is a common question asked by investors – in this article, we explore a range of tokens to watch.

Nonetheless, with the recent explosion in cryptocurrency prices, investors are turning to altcoins in search of the best assets to add to their portfolios.

The downside, however, is that the bears are now all out to take some profit from the spike. BTC, up nearly 2% yesterday, had been forced to return to its downward trend.

Best Crypto to Buy Now

With the second month of Q3 gradually getting to the middle, it’s high time crypto investors looked into their asset bags to see how their investments are doing. Similarly, it might be the best time to look into new cryptocurrencies to find those bringing much-desired profit. To that end, some promising cryptocurrency presales have been included in the list below. Stay till the end to find out more.

1. Uniswap (UNI)

Is Uniswap the best crypto to buy now? There’s a need to look at its performance from a fundamental and technical standpoint to answer the questions accurately. But firstly, its performance in the last 24 hours has been impressive. It has a pump of about 3% in price, and its trading volume saw a boss of about 7%.

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

Almost every L2 project in crypto has shipped major upgrades.

If you're looking for refresher, we got you covered 👊

Scaling solutions are key to Ethereum’s future, and the best way to learn is to go onchain ⛓️https://t.co/bYexr2zUSR

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

Uniswap integration into Base mainnet is likely responsible for the spike in trading volume and, by extension, the price increase. Coinbase launched Base to provide a platform where the crypto industry can develop dAPPs and access other Coinbase products. Hence, it uses Uniswap for swaps and contributes to staking pools. Besides, the Uniswap V4 upgrade continues to gather steam.

With the growth comes an increase in value. Uniswap price in the last 24 hours topped $ 6.25. Its current price tends to be much higher than its 200-day EMA, signaling the probability of UNI retaining its gains much longer. Also, in the last 30 days, UNI recorded about 19 green days. It might be safe to speculate that UNI would be one of the assets with a profitable Q3.

While the crypto community awaits the launch of V4, traders and investors should keep an eye on the trend of UNI as the trend unfolds.

The only downside with Uniswap is that some top-performing cryptos currently outperform the asset. It could create a shift in investors’ interest in the long run.

2. WOO Network (WOO)

For about seven days now, the price of WOO has been on the rise. At this pace, the token might break above its $0.19 resistance. WOO fell from the $0.22 range towards mid-June and has declined since.

One might ask why WOO would be the best crypto to buy now. The answer is in its performance in the past few days. The bulls have tried to push the price of WOO above $0.19 several times in the past few days.

However, there’s been repeated rejection at that range. Fair enough, such rejection should be expected since the asset’s current price is below its 200-day moving average. In this light, the market’s confidence to accumulate will tend to be lower.

Despite its subpar performance, WOO might be heading to exceptional price actions in the coming days. Its performance in the early hours of today emphasizes the facts. The token recorded an intraday increase of up to 3%. It also aligns with the RSI indicator, which has a reading 41 on its daily charts at press time.

Invariably, the WOO tilts more towards the oversold range, and the price is expected to go into retrace soon.

Nonetheless, there might be a need to watch and see the overall picture of the asset before making a decision.

3. Litecoin (LTC)

Recently, the price of LTC went through a consistent increase, especially in the weeks before the coin halving. However, the pressure from the bears has taken over, and LTC has switched to a declining price trend in the weeks that followed its halving.

The downward push has drained over 20% from the asset’s price, bringing the price to $ 83.90. What makes LTC $ 83.90 one of the best cryptos to buy now is its recent trend. Despite the massive price decline, the token maintained a progressive uptrend for several days.

Moreover, the token outperforms 88% of the top-ranking cryptocurrencies, including Bitcoin. With the trend, LTC will likely win investors’ interest and returns to an explosive trend very soon.

Also, information posted on its official Twitter handle unveils LTC as one of the four cryptos accepted on PayPal via the PYUSD stablecoin.

.@Paypal is adding its own new stable token $PYUSD to the app and yes customers can convert it to other cryptocurrencies supported by the #PayPal ecosystem. There's only 4, one of which is Litecoin ⚡ $LTC pic.twitter.com/IxLFOAOCaY

— Litecoin (@litecoin) August 7, 2023

However, there are some downsides to the overall performance of LTC. Firstly, its current price is below its long-term moving averages. It spells some potentially negative outcomes. Also, it has had fewer green days recently. Investors will need more convincing to come on board for fear of loss.

Nonetheless, with its RSI in the oversold ranges, LTC will soon find the rally to regain momentum. Investors should watch the token closely.

4. Aptos (APT)

APT tops the gainers list today with over a 9% increase in the last 24 hours. The sudden pump has raised the price of the token to $7.3. Furthermore, APT saw a boost of over 100% in its trading volume, bringing the trading volume to 2.6 billion in the last 24 hours.

Aptos is best for the role it plays in the decentralized application market. The platform is working towards increasing the adoption of blockchain-based apps. Its recorded immense progress and is still pushing for ground. However, other options are entering the dAPP market, which has weakened its hold. Hence, the development reduced the value of the asset.

It’s not the first time the token is recording a pump this year despite its struggle to remain profitable. The token reached its all-time high in January of this year when it traded for $19.8. But, it’s been on a declining trend since its highs. What makes the token one of the best cryptos to buy now is the data from APT technical analysis.

The token is currently undergoing price consolidation. Its price fluctuates sideways without deciding on a direction. Before the recent price spike a few days ago, the token traded sideways before jumping by nearly 35%.

At press time, APT is undergoing another round of consolidation. What’s interesting is that right now, its RSI is still in the 58 range, which means that investors” sentiment will remain bullish for a few more days.

But there’s a caveat to the trends of APT. Its 200-day prices are above its current price, which means there is likely to be a massive sell-off. Traders who want to get involved in the asset should watch the trend as closely as possible.

5. Launchpad XYZ (LPX)

Launchpad XYZ presale crossed the $1.2 million mark recently. It was an exciting milestone for the platform and its community.

While the push for higher heights continues, the Launchpad XYZ team has rolled out several initiatives to provide value for investors while they await them.

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

A heartfelt thank you to our incredible community. The journey has only begun 🚀

Join the $LPX presale today! ⤵️https://t.co/6qHqqRBG7F #LaunchpadXYZ #Crypto #Web3 #Trade #Alts pic.twitter.com/fZpXciMLVp

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

One of its recent offers is the access to digital tools granted via the Pratt Edu interface shared on its official Twitter handle. The Launchpad XYZ team has also provided crypto trading signals to its community. The goal is to give the investors a taste of what’s to come.

According to its presale page, the Launchpad XYZ platform gives traders and investors access to web3 information. These tools help them make better trading and investment decisions. Also, there are opportunities to learn and access other educational tools. The platform also promises to provide AI advantage to LPX holders through its proprietary artificial intelligence tool.

However, users must have the LPX token to enjoy the benefit. At the moment, LPX is sold for $0.0445. From the information available on its presale page, the price will increase very soon. It’s best to snap the opportunity while it’s still available.

Visit Launchpad XYZ presale.