Best Crypto to Buy Now March 26 – Optimism, Lido DAO, Synthetix 

Each day, we review some picks for the best cryptos to buy now based on the latest market movements, blockchain news, and trending narratives.

The crypto markets are displaying signs of rebounding following a downturn last week. Some tokens, including Solana and Avalanche, have stood out as the top performers, registering considerable gains in the last 24 hours. Meanwhile, other digital assets have gained traction due to their potential to provide significant returns and innovative solutions. This analysis highlights these tokens and the reasons behind the attention they have attracted as attractive investment opportunities, providing insights into their technologies, market trends, and potential for sustained growth and success.

Best Crypto to Buy Now 

Optimism recently unveiled its latest platform, the Superchain Developer Console, to streamline dApp creation, marking a significant advancement in blockchain development. Furthermore, LDO saw a 1.57% surge, hitting a trading price of $3.34. Meanwhile, Synthetix witnessed a 5.36% price hike over the past 24 hours, reaching $4.98.

1. Optimism (OP)

Optimism announced the release of its new platform on the X app. The Superchain Developer Console aims to simplify the creation of dApps, signaling a significant move in blockchain development. The Superchain offers developers a conducive environment to build and expand their businesses. 

One key advantage of Optimism Console is its user-friendly interface, which accelerates development and minimizes overhead expenses. Moreover, developers can access testnet faucets, enabling them to receive test Ethereum (ETH) tokens for building on the new protocol. Additionally, they will benefit from customized feedback on their app’s user experience, facilitating readiness for the final launch. 

Developers on the Optimism Console will also have access to funded paymasters, which will contribute up to $500 towards gas fees. High-quality support channels and quick start guides further enhance the development experience. Furthermore, the platform is expected to introduce up to $200 deployment rebates for launched apps soon, incentivizing adoption. 

The Superchain Console supports various blockchains, including Ethereum, Coinbase Base, and Frax Finance, among others. This versatility enables developers to deploy their apps across multiple networks, enhancing accessibility and user reach. Following a significant growth of 206.60% over the past six months, OP is currently trading at $3.96, reflecting a 2.98% intraday increase. 

Over the past year, the price of optimism has experienced a remarkable surge, soaring by an impressive 80%. Currently, sentiment toward price prediction appears optimistic, with a bullish outlook. Meanwhile, the Fear & Greed Index indicates a score of 81, signaling a state of greed in the market. 

2. Lido DAO (LDO)

Given the recent downtrend in crypto asset prices, the recent surge in interest in staking platforms has been impressive. Lido DAO offers staking infrastructure for cryptocurrencies, including Ethereum, Polygon, and Solana.

At the time of reporting, LDO had experienced a 1.57% increase, reaching a trading price of $3.34. Moreover, the trading volume for the token increased by 8.24% over the past 24 hours. The token has been on a positive trajectory since last week. 

Furthermore, Lido DAO’s bullish sentiment is evident, with the Fear & Greed Index registering at 81, indicating a prevailing sense of greed among investors. The token has witnessed a substantial 56% price hike over the past year and currently trades above its 200-day simple moving average, indicating a sustained upward trend.

One of Lido DAO’s key features is its decentralized autonomous organization structure, which enables it to provide staking solutions across multiple blockchain networks. In addition, its flagship offering allows users to stake Ethereum and receive staked ETH tokens (stETH) in return. These tokens represent their staked ETH and associated rewards.

The Lido staking widget goes IPFS 🪐

The move is a significant advancement in data resilience for UI components.

Future development will center around enhancing user experience through increased decentralization and a transparent governance process.https://t.co/Uy9hs0tRVk

— Lido (@LidoFinance) March 20, 2024

Recently, Lido DAO introduced an enhancement to its platform by implementing the IPFS for data resilience within its user interface components. This move aims to bolster the platform’s security and reliability by leveraging decentralized storage. Moreover, the integration of IPFS into the Lido UI is facilitated through GitHub Actions, streamlining the process of deploying major protocol updates while minimizing disruption to the user experience. 

3. Conflux (CFX)

Conflux is among the best cryptocurrencies to buy now, with increasing strong performances. The token currently trades at $0.5129 and has surged by 39.46% within 7 days, marking a promising uptrend. Over the past month, CFX has demonstrated substantial growth, increasing by 110.45%.

The Conflux platform recently announced a collaboration with AnchorX to introduce AxHKD pegged to the Hong Kong dollar (HKD). This stablecoin aims to maintain a 1:1 peg with the HKD, backed by reserves of high-quality liquid assets. The team behind AnchorX is working towards launching AxHKD in the second quarter of this year.

Our Co-Founder @FanLong16 shared exclusive insights on the all-new Hong Kong dollar-backed stablecoin in an exclusive chat with @TheBlock__ .https://t.co/k34hlOuY6y

Get the scoop on #AxHKD's beta-testing phase and its imminent launch in Q2! @AnchorX_Ltd #Conflux #AnchorX

— Conflux Network Official (@Conflux_Network) March 22, 2024

Earlier this month, Conflux and AnchorX announced the commencement of beta-testing for AxHKD, which will initially operate on the Conflux public blockchain. The stablecoin issuance will be overseen by OKLink Trust, serving as its custodian.

Moreover, CFX’s price prediction suggests a potential increase to $0.6613 soon. Investors are advised to monitor the token closely, as the market anticipates significant movements in the coming weeks, including the halving month.

4. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix introduces a tokenized cloud mining platform, enabling investors to mine Bitcoin in a decentralized manner. The platform aims to tokenize cloud mining, ensuring a secure and transparent experience for users. Users can stake their BTCMTX tokens to gain cloud mining credits through the Stake-to-Mine model. 

Operating on the Ethereum blockchain, the platform provides a seamless and user-friendly interface for users to engage in Bitcoin mining. By staking BTCMTX tokens, users stand to gain potential annual returns of up to 55%. This incentivizes participation and long-term token holding. 

The success of Bitcoin Minetrix’s presale speaks volumes, with over $12 million being raised thus far. With Stage 33 of the project nearing its conclusion in a few hours, interested investors are urged to act promptly to secure their participation.

Only 1 day left until the end of Stage 33 of #BitcoinMinetrix!

How do you stay updated on the latest trends and developments in #Bitcoin mining? 📈 pic.twitter.com/XgJQrpjU8A

— Bitcoinminetrix (@bitcoinminetrix) March 25, 2024

Bitcoin Minetrix‘s innovative approach addresses the barriers to entry in traditional BTC mining and offers a tangible incentive for token holders. This, coupled with its decentralized and transparent nature, positions Bitcoin Minetrix as the best crypto to buy now.

Visit Bitcoin Minetrix Presale

5. Synthetix (SNX)

Synthetix’s price increased by 5.36% in the last 24 hours, reaching $4.98. The token’s trading volume is $102 million. Currently, it’s trading above its 200-day simple moving average. 

Compared to its token sale price, SNX has shown positive performance. Analysts have identified a solid support level at $4 for Synthetix, suggesting a potential increase towards its initial target of $10. Furthermore, the sentiment towards Synthetix’s price prediction is bullish, indicating optimism among investors. 

Similarly, the Fear & Greed Index is 81, signaling a state of greed among investors. Furthermore, Synthetix is a decentralized finance (DeFi) token that operates on the Ethereum blockchain. It offers users exposure to a wide range of cryptocurrency and non-crypto assets. 

Moreover, the platform enables traders to access highly liquid synthetic assets. These assets mirror returns on underlying projects without the need to hold them directly. The project’s focus on expanding its user base and enhancing its platform has led to optimism among analysts. 

Throughout the next four weeks, Synthetix will facilitate the $PYTH Governance Distribution to encourage the Synthetix community to participate in @PythNetwork governance and strengthen the relationship between Synthetix and Pyth Network.

You may be eligible for the Pyth… pic.twitter.com/rOYDvNIIld

— Synthetix ⚔️ (@synthetix_io) March 22, 2024

SNX anticipates further growth, supported by upcoming developments and partnerships. Synthetix aims to broaden the cryptocurrency sphere by providing access to advanced financial markets, including non-blockchain assets.

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