Best Crypto to Buy Now June 25 - Synthetix, Ecoterra, Uniswap

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A lot of moments are happening in the market today. We’re seeing price jumps across many crypto categories. Not only that, there is a massive increase in the trading volume of some assets. The last update on the best crypto buy now reported the increase across the board. However, today’s metric seems to have some low figures, especially the trading volume.

Global crypto market cap improved by 0.30% in the last 24 hours, bringing the value to $1.2T. Conversely, in the last 24 hours, the trading volume went down by 32.71%, bringing the value to $32.27 billion. DeFi has been seeing increased activities since our last update making up 10.48% of the 24-hour crypto trading volume.

Global Crypto Market Cap Chart

Despite recent gains, bitcoin is not showing impressive growth as the value only increased by an average of 0.30%. However, it continues to retain its gains in dominance with a value of 49.99%.

Best Crypto to Buy Now

Today’s update of best crypto to buy now is dominated by DeFi-related tokens as the sector continues to see a wild surge in price over the last 24 hours. The bulk of the best-performing cryptos are from this category. Currently, the first two assets topping the list of gainers on the coin market cap are liquidity providers and synth issuance protocol. Both assets are in the DeFi market. Not only that, but presale offers are also performing excellently and we’ve also included them in the list.

1. Synthetix (SNX)

Synthetix is showing intense price action as the coin gains 20% value in the last 24 hours. The crypto started making gains about 7 days ago after an improved staking module took ground. The model is intended to simplify the staking process which has been deemed too complex by the community.

With the new improvements, there’s an overall positive sentiment to the SNX and this reflects in its price movement seen in the past few days. It is not only gaining value, but it’s also equally growing its trading volume. As of today, SNX printed over a 300% increase in trading volume.

With the current improvement across the crypto sector, investors should expect an increase in the value of liquidity tokens and asset issuance protocols. In the last 24 hours, there’s been a jump of over 2% in the volume of DeFi trades, pushing the demand for SNX and related assets even further up.

Now might be the best time to buy SNX as the value might continue to increase with growing activities in the DeFi market. Another tipping factor is the effort towards implementing lower costs across the network, it means that existing and new traders will look towards SNX for the issuance of synthetic assets.

Ultimately, Synthetix is not the only platform seeing a jump in value over the last 24 hours. Even Alchemix, another asset in the category, has seen a 4% growth in value over the last 24 hours. Generally, the DeFi wing of the crypto sector is seeing a pump in trading volume and price at the moment. Investors should keep an eye on the sector as things unfold.

2. Uniswap (UNI)

Will Uniswap finally break through the $5.6 price point and return to the green zone? For most of the year, Uniswap traded below its price 52 weeks ago. Overall, the coin has lost up to 2% of its value. However, the price history may soon change as the coin continues to trade closer to its $5 region in the past few days. As of this morning, the price jumped by 19% to print a new price of about $5.4.

Whether the price would surpass $5.6 before the close of the day remains unknown. However, certain activity around the coin provides some pointers. For example, the increased decentralization in the proposed V4 upgrade seems to come as a welcomed development across the crypto community. Since the release of the draft, positive sentiment is witnessed across the market.

Similarly, the hope of a reduced cost across the network may have caused the observed increase in trading volume which reached 150% over the last 24 hours. Despite its year of unpleasant performance, UNI is showing immense signs of recovery. Right now, UNI might be the best crypto to buy now.

3. DASH (DASH)

Dash has been showing impressive progress in the past 7 days as the price embarked on a consistent upward trend. If it continues on the trend, it might easily pass as one of the best cryptos to buy now. However, DASH is unpopular for quickly losing its gains.

The sudden spike in the value of the asset is not coming as a surprise as the coin just completed its halving on the 23 of June. Hopes of a price spike were up in the weeks running to the halving. However, DASH spent most of that week trading sideways. What’s surprising still is the 0.5% shrink in price that followed the a-having.

Investors’ hope may now be restored as the coin has amassed over 16% over the past 7 days and printed a gain of up to 4% today. Nonetheless, there are concerns over the 18% drop in trading volume. Usually, it should be expected as traders would rather hold DASH as they expect the price hike than set it at the moment. Now might be the best time to buy DASH as it’s still progressing on its upward trend.

However, Dash is notorious for being susceptible to price shock and it takes a longer time to recover from downward pressure. Therefore, it’s best to keep an eye on DASH for short-term trade and not long-term or medium-term trade. Looking at its price history, it’s yet to recover its 52-week dip, despite overall improvement across the market. Therefore, its likely future shock creates panic across the market which would drain whatever profit it gains in the meantime.

4. Compound (COMP)

Why is COMP gaining a massive price increase? Not only is the price of this asset going up, but its trading volume is also following suit. In the last 24 hours, COMP has printed a whooping 700% jump in trading volume and a 30% increase in price. The price jump is coming on the heels of its 10-day upward trend that added over 18% to the value of the COMP, bringing the coin to $39.7 compared to the $27 days before.

Ultimately, COMP is not the only liquidity token witnessing price jumps over the last 24 hours, AAVE is also printing gains of over 15%. With over a 700% increase in trading volume. Invariably, the crypto liquidity category is seeing an upsurge in demand for liquidity tokens following the perceived recovery across the meerkat.

Looking at its charts, the market sentiment towards the coin remains neutral. COMP RSI (14) reading of 75 shows that the coin is currently overbought and might not stay in the current price zone for long. COMP moving Averages continue to show buying signals, meaning it’s still safe to scoop up some COMP coins at their current price.

Investors and traders should watch this category as the coins might continue to top the list of gainers as the market continues to move away from the bear market into the bull run. COMP performance is typical of many LP tokens in the last 24 hours.

5. Ecoterra (ECOTERRA)

Ecoterra is only 3 days away from its proposed listing price of $0.01. So far, the project has done exceptionally well with its presale launch. As of now, it has raised over $5.4 million and it’s heading towards a new Milestone in the coming days. What’s unique about the project is the drive to improve the living condition of humanity. The goal is to leverage the concept of recycle-2-earn towards encouraging people to become more conscious of developing sustainable habits.

One of the latest development in the project is the introduction of carbon credit which users can redeem through NFTs. After defined conditions are met by users, the platform will issue NFTs to users who met the requirements. Likewise, organizations involved in recycling receive rewards when they join the movement.

🌱💎 Unlock the true potential of your green initiatives with ecoterra and #BlockchainTechnology!

By recording your efforts on the chain, we ensure transparency and provide you with rewards for your sustainable actions 💚

Join our #Presale now ⬇️https://t.co/1fYkPOsPYG pic.twitter.com/ommlsLAzUG

— ecoterra (@ecoterraio) June 25, 2023

Exotera is not only about cryptocurrency or the blockchain, it’s a quickly becoming mission to redeem the world and change the narrative of waste management. If it’s done right, it would help stall or even eradicate the environmental crisis plaguing our world.

Visite Ecoterra presale.