{"id":423368,"date":"2023-07-26T13:09:18","date_gmt":"2023-07-26T13:09:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=423368"},"modified":"2023-07-26T13:09:18","modified_gmt":"2023-07-26T13:09:18","slug":"best-crypto-to-buy-now-july-26-kucoin-btc20-uniswap","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-july-26-kucoin-btc20-uniswap","title":{"rendered":"Best Crypto to Buy Now July 26 – KuCoin, BTC20, Uniswap"},"content":{"rendered":"

 <\/b>Bitcoin price is seeing some activity after days of sideways trading. The price of the crypto giant is currently trading near its weekly resistance with a relatively sideways trend for the past 2 days. While the battle rages on, what are the <\/span>best cryptos to buy now<\/span><\/a>? Today’s review highlights 5 alternatives that might provide short and long-term hedging in the era of uncertainties. While the details are featured in the article, the snippet below provides a quick overview of the crypto market data as seen on CoinMarketCap at press time. <\/span><\/p>\n

\"Global<\/p>\n

Global Crypto Market Cap Chart<\/strong><\/em><\/p>\n

The atmosphere in the cryptocurrency market remains calm, but the increase in the global coin market cap seems negligible. In the last 24 hours, the market cap went up by 0.17% and trading volume decreased by about 5%. Each metric has values of $1.17 trillion and $27.22 billion respectively. Also, the DeFi market seems to receive growing attention with its trading volume growing to 8% of the global trading volume.<\/span><\/p>\n

Best Crypto to Buy Now<\/b><\/h3>\n

Currently, presale offerings continue to prove their worth with increasing testimonials of sizable returns on investment. Many Best performance memecoins on the market today came in through presales. Investors can look into portfolio diversification through presales and some presale tokens are featured in the article. Read further for more details. <\/span><\/p>\n

1. Compound (COMP)<\/b><\/h3>\n

According to the CoinMarketCap coin page, COMP has had a 15% price pump plus a $188m trading volume in the last 24 hours. Will COMP become one of the best cryptos to buy now? The charts of Compound over the last 7 days show that there’s been a fierce battle between the bulls and the bears. For most of the week, the bears dominated the market as the COMP price trended downwards. However, the token has found short-term support at $57 and is retracing back to its resistance zone at +$70. Investors’ delight would be that COMP breaks through resistance. If it happens, it might gather enough momentum to push the price of the asset above $100.<\/span><\/p>\n

Ideally, COMP should be able to gather the needed momentum to push into a new price point. The gains are likely to come from growing interest in DeFi, hodling, and staking. According to information shared by Yahoo Finance, <\/span>75% of Bitcoin’s circulating supply is controlled by long-term holders<\/span><\/a>. That number is slightly above 14.5 million. Consequently, the overall sentiment of the crypto market is shifting from pump and dump towards stalking. <\/span><\/p>\n

\"Compound<\/p>\n

Ultimately, Compound is one of the key players in DeFi, and the token is bound to benefit from the windfall of fund influx to the DeFi sector. At the moment, the price of the asset is way below its true value. As the demand for the asset increases, it will adjust to its true value. Long-term investors can take advantage of its discounted price. Also, its current uptrend can be of short-term benefit to traders. Overall, COMP is one of the best cryptos to buy now. <\/span><\/p>\n

2. KuCoin Token (KCS) <\/b><\/h3>\n

KuCoin is finding its way back from the deep. Its price has followed a falling trend after its first Quarter gains. At press time, the price of KuCoin is up by nearly 2%. Its trading volume is on the rise at the same time. While it suggests growing interest, there exist areas of concern. <\/span><\/p>\n

\"KuCoin<\/p>\n

Nonetheless, there are growing concerns in the areas of its liquidity and circulating supply. Right now, the circulating supply of the asset comprises 57% of the entire supply. Meaning that the KCS risks declining prices as more tokens hit the market. Ultimately, KCS still has the potential of bringing returns on investment in the medium term. Especially if it maintains its current trend. <\/span><\/p>\n

3. Uniswap (UNI)<\/b><\/h3>\n

Uniswap has had 16 green days in the last 30 and it continues beating its path to an uptrend. From its RSI (14) reading, the value is at 54, meaning the token is neither overbought nor oversold. Invariably there’s still more field for the bears and bulls to do more battle. The question now is, who’s to come out victorious? Looking at the charts, UNI is currently trending upwards and heads for the $6 resistance zone. The token has climbed to these zones several times in the last 52 weeks and twice in 30 days. In all those cases, it has faced sharp rejection. <\/span><\/p>\n

\"Uniswap<\/p>\n

However, <\/span>according to Tradingview’s technical rating indicator<\/span><\/a>, all key indicators on the UNI chart show buying signals. Consequently, UNI might find enough momentum to break above its renaissance and establish support above the $6.0 level. The negative news, however, is that <\/span>UNI combats more bearish sentiment<\/span><\/a> in the short term. <\/span><\/p>\n

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With Uniswap v4, we’ll have millions of liquidity pools in the future. But with so many pools, how will we route trades so swappers get the best prices?@haydenzadams<\/a> explains how UniswapX complements Uniswap v4 on @banklesshq<\/a>: pic.twitter.com\/9GfzZHUFmI<\/a><\/p>\n

— Uniswap Labs 🦄 (@Uniswap) July 24, 2023<\/a><\/p><\/blockquote>\n