Best Crypto to Buy Now July 17 - Uniswap, Deelance, Stellar

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One of the sectors of the crypto industry that’s currently gaining traction and fund influx is the DeFi sector. Recent data shows that DeFi makes up an average of 6.5% to 10% of daily cryptocurrency trading volume. From our best crypto to buy now report of yesterday, DeFi transactions constitute over 10.5% of the trading volume. That number has gone up another notch in the last 24 hours. What this means is that assets in this category should brace up for intense price movements in the coming weeks or months.

Today’s review highlights high-performing cryptocurrencies and identifies the best crypto to buy now. The information presented in the review is based on specific metrics that gauge the potential of each asset in the coming days. However, it’s still best to conduct further research before making any decisions. Before getting into the details below is a snippet of the market performance as seen on CoinMarketCap at press time.

Global Crypto Market Cap Chart

The global market cap still covers around the same range as it did yesterday with a value of $1.21T, decreasing by about 0.31% in the last 24 hours. However, the trading volume in the last 24 hours has increased by 9.86%, with a value of $26.69 billion. Of the total trading volume, DeFi transactions make up 11.27%, amounting to $3.01 billion. The price of bitcoin remains at its $30k level with a meager increase of 0.02% in the last 24 hours.

Best Crypto to Buy Now

Today’s crypto market is much fairer than yesterday. However, the never-ending struggle between the bulls and the bears rages on. The only segment of the market that currently stands out is the crypto presale market. At the moment, there are some ongoing presales with immense potential to outperform the market with a wild margin. One such is the Deelance presale, which is currently performing excellently well. It might as well be the best crypto to buy now. Read further for more information about the offer.

1. Uniswap (UNI)

Uniswap, SushiSwap, and PancakeSwap top the list of the best platformers in the liquidity protocol category of the crypto DeFi sector. The best among these three is Uniswap, with over 1 million daily transactions. At press time, Uniswap has reported over $150 billion transaction value, making it the largest of the three. As of today, the value of the Uniswap token, UNI, is priced at $5.9, an increase of 4% over its value in the last 24 hours.

The price movement of UNI seems to come from the increasing collaboration and the growing use cases of the platform. Not long ago, The Uniswap team announced on its official Twitter handle that the platform has launched on AVAX.

A few days after that, it announced its decision to take a new look at its entire platform and implement Uniswap V4 which would come with specific improvements. These announcements spark hopes in the Uniswap community and it boosts the chance of more UNI holders, retaining the asset for a longer period.

1/ Today, we’re announcing our vision for Uniswap v4 🦄

We see Uniswap as core financial infrastructure & think it should be built in public with space for community feedback and contribution.

An early implementation of the code can be found here:https://t.co/toy3k7plnU pic.twitter.com/9vGJElba2x

— Uniswap Labs 🦄 (@Uniswap) June 13, 2023

Furthermore, As interest in the DeFi sector expands, the value of Liquidity Protocols would grow with it. Since the middle of last month, the UNI token has been on the growth path, conquering major resistance and gaining upwards momentum. Several new assets that are launched in the crypto industry are mostly debuting on the Uniswap ecosystem. What this indicates is that there are chances that the value of UNI will double before the end of this year.

2. Aptos (APT)

Aptos is currently witnessing an increase in price as it gained nearly 2% in the last 24 hours. That’s’ not the only factor that makes the taken quite attractive at the moment. The fact that its trading volume is also up by 20$ means the project may have embarked on an upward trend. The improvement in its performance is coming days after it allied with Pyth.

A few days ago, the platform announced that it’s teaming up with Pyth to deliver Oracle updates across the Oracle network. The idea is to initiate optimized operations such as price scheduler. Further improvements include low-latency Oracle infrastructure, especially for DeFi applications. It is expected that these would affect prices across the platform and its ecosystem. Similarly, the partnership is projected to open up access to Pyth’s real-time asset price feed and quality Oracle data.

In addition to partnerships, Aptos also continues to push events that bring visibility to its project. An example is the upcoming Atos hack, which intends to offer hundreds of thousands to participants. It also recently completed a similar event, dubbed summer event, a few days ago. With the growing visibility and push for improvement in use cases, Aptos might be able to sustain its gains in the long run, therefore pushing its value even further in the upward trends. It’s safe to list Aptos as one of the best cryptos to buy now.

3. Stellar (XLM)

Stellar might be the next big asset in the penny coin category as the crypto has recorded massive gains in the last 7 days. While the Ripple effect contributed to its gains, it appears XLM is not yielding to pressure from the beasts. Over the said period, the price of XLM has gone up by over 30%. The battle with the bear still rages on as it seems to combat intense rejection at the $0.15 zone.

Generally, XLM key resistance spreads across the $0.13 – $0.14 zone. If it successfully breaks through this resistance, the asset might be on its way to $0.2 in the coming months. However, the assumption that the price of XLM might enter $1 any time soon might be too ambitious as the token still has a long resistance to overcome. Besides, the use case of the platform might not gain traction fast enough as there’s growing competition in the DeFi sector.

Nonetheless, it’s best to buy Stellar right now when the price of the asset is still discounted. As the sector expands, assets in the DeFi category would equally grow in value. This is already evident across major assets and the effect would soon spread to other altcoins.

4. Kaspa (KAS)

Kaspa is currently taking the entire crypto industry by storm as the asset gains over a 14000% increase in value in the last 52 weeks. That is nearly 200x of the performance recorded across the global crypto market. In the last 24 hours, KAS has added another 10% to its price, bringing it to $0.33. At its current pace, KSA might be the most explosive cryptocurrency of 2023.

The bulk of Kaspas’ winning edge comes from its functional advantages which combine speed and low gas fee. Sometime last month, the platform announced that it’s now launching an improvement that would allow the platform to process up to 10,000 transactions per second. The improvement further deepens its perception as one of the fastest platforms in the crypto ecosystem.

🚀Groundbreaking 10BPS will be live and public on the $KAS testnet at 7AM UTC.

Stress testing block and transaction rates & setting new records for #crypto #BPS.

More on how to participate soon.

Witness this milestone live: https://t.co/ZjXVeSwUKY #POW #RustyKas #rustlang pic.twitter.com/hjxXXhc5fo

— Kaspa (@KaspaCurrency) June 26, 2023

Furthermore, Kaspa embarked on horizontal growth recently when it announced its expansion into the Ethereum chain through the Wrapped Kaspa. The initiative gives Kaspa its hold in the DeFi sector, which also contributes to its current price action. As of today, the trading volume of the KAS token is up by 100% compared to its price 24 hours ago. Even though KSA faces intense rejection at the $0.35 price point, it might not be long before it breaks through the resistance and climbs upwards of $0.4. Kaspa is by far one of the best cryptos to buy now, based on its recent performance.

5. Deelance (DLANCE)

Deelance presale has entered its final phase, stage 5. Investors can now brace up for what might become the best ride of the century in the crypto sector. The Deelance team launched it a few weeks ago to onboard investors with the vision to build a revolutionary platform that will rewrite the story of freelancing across the globe. As of today, the presale has risen and it’s gradually running to a close.

Hey DeeLancers!

DeeLance Presale LAST STAGE 5 will continue, accompanied by a price increase

1 $DLANCE = $0.048

Don't miss the last chance to secure $DLANCE tokens – Join the Presale now ⬇️https://t.co/XHnTqVzeWf #DeeLance #Presale #NFT #Crypto pic.twitter.com/YlFb1607jn

— DeeLance (@deelance_com) July 15, 2023

The chance to be one of the founding investors of the revolutionary movement is gradually drawing to a close. What this means is that any moment from now, the coin would go on the market. Not getting in now that it’s still offered at a penny means investors will risk buying at the market value, which might be a few times higher than what it’s offered for at the moment.

Thirteen days from now, the Dlance token is set to go live with the potential to achieve two outcomes. First, it would bring massive returns to the early investors as the initial pump booted the project. Then it will bring a massive shake-up to the freelancing market as it takes the power away from the traditional freelancing platform and gives it to the people. Ultimately, now might be the chance to be a part of these.

Visite DeeLance presale.