{"id":430888,"date":"2023-08-17T17:42:56","date_gmt":"2023-08-17T17:42:56","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=430888"},"modified":"2023-08-17T17:42:56","modified_gmt":"2023-08-17T17:42:56","slug":"best-crypto-to-buy-now-august-17-injective-kava-aragon","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-august-17-injective-kava-aragon","title":{"rendered":"Best Crypto to Buy Now August 17 &#8211; Injective, Kava, Aragon"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">&lsquo;What is the&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-august-16-bone-shibaswap-xdc-network-kaspa\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">best crypto to buy right&nbsp;<\/span><\/a><span data-preserver-spaces=\"true\">now&rsquo;? is a common question asked by investors &ndash; in this article, we explore a range of tokens to watch.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Today&rsquo;s crypto market ushered investors into a moment of surprise as the price of assets tumbled dramatically in the early hours of the day. Bitcoin recorded over 2.5% decline. At press time, the price of BTC is $28,359.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Similarly, the global cryptocurrency market cap has shed over 3.5% of its value, bringing the value to $1.11T, the lowest it has seen since June.&nbsp;<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Best Crypto to Buy Now&nbsp;<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">As the price of cryptocurrencies slumps, what are the best cryptos to buy now? Despite the declining prices of cryptocurrencies, some coins showed immense resilience in the face of the decline. Similarly, the presale tokens also saw improved engagements as investors scrambled for opportunities that might lead to impressive returns. Thus, today&rsquo;s post also features yPredict&mdash;a crypto presale offering investors dual benefits. Firstly, investors enjoy immense value from using the yPredict AI model. Again, investors benefit from holding the YPRED token. The article provides additional details. Read to the end to find out more.&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-430892\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Global-cryptocurrency-price-chart-1.png\" alt=\"Global cryptocurrency price chart\" width=\"1332\" height=\"529\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Global-cryptocurrency-price-chart-1.png 1332w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Global-cryptocurrency-price-chart-1-300x119.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Global-cryptocurrency-price-chart-1-1024x407.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Global-cryptocurrency-price-chart-1-768x305.png 768w\" sizes=\"(max-width: 1332px) 100vw, 1332px\"><\/p>\n<p style=\"text-align: center\"><em><strong>Global Crypto Market Cap Chart<\/strong><\/em><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">1. Injective (INJ)<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">INJ has been showing impressive performance recently, with Y2D gains of over 250%. Earlier today, the token recorded gains of over 3% and a trading volume increase of over 70%.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The sudden jump in activities may be traced to the recent announcement of an upgrade to its tokenomics. The platform just introduced the Burn 2.0 mechanism, dubbed the most significant upgrade to its tokenomics.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ Injective today is releasing its largest tokenomics upgrade yet which can dramatically increase the amount of INJ burned weekly.<\/p>\n<p>Now all dApps built on Injective can contribute to the <a href=\"https:\/\/twitter.com\/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$INJ<\/a> burn auction with no limit on how much they can burn.<a href=\"https:\/\/t.co\/VCoc2lSjaA\">https:\/\/t.co\/VCoc2lSjaA<\/a><\/p>\n<p>&mdash; Injective &#129399; (@injective) <a href=\"https:\/\/twitter.com\/injective\/status\/1691828250232696902?ref_src=twsrc%5Etfw\">August 16, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The Injective platform is recognized for its innovative weekly burn auction that&rsquo;s been around since the launch of its mainnet. With the<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/blog.injective.com\/inj-burn-2-0\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">&nbsp;Burn 2.0 initiative<\/span><\/a><span data-preserver-spaces=\"true\">, it is now allowing all dApps in its ecosystem to contribute to the burn auctions.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The initiative is quite flexible and allows all protocols within the network to contribute any amount they choose. The move is set to keep the supply of the INJ token in check, especially now that there will be a release of over $20 million of INJ tokens.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With its performances in recent times, it&rsquo;s safe to say that INJ is one of the best cryptos to buy now. The token boasts solid fundamentals and an excellent team to drive the platform&rsquo;s vision.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-430894\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Injective-Price-Chart-2.png\" alt=\"Injective Price Chart\" width=\"991\" height=\"542\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Injective-Price-Chart-2.png 991w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Injective-Price-Chart-2-300x164.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Injective-Price-Chart-2-768x420.png 768w\" sizes=\"(max-width: 991px) 100vw, 991px\"><\/p>\n<p><span data-preserver-spaces=\"true\">Even though its price is declining, it&rsquo;s still the best time to buy in, as the price will return to its upward trend as soon as the market recovers. One factor contributing to its inevitable recovery is its current price trends in the oversold range from its RSI readings.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Also, the token enjoys high liquidity because of its price and market cap. It, therefore, possesses the factors that will attract investors to it in the future.&nbsp;<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">2. Aragon (ANT)<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">Aragon has been on the rise in the last 52 weeks, with gains amounting to over 120% in the said period. Moreover, the token managed to withstand today&rsquo;s bear market with over a 3% increase in price in the early hours of today.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Regarding the best cryptos to buy now ANT checks most boxes. The price above its long-term moving averages, coupled with an RSI reading in the oversold range of 31, indicates that the bullish momentum around the ANT token is just building up.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Furthermore, the token has several other favorable factors, making it one of the best cryptos to buy now. An example is its high liquidity and medium volatility rating. Consequently, ANT is bound to grip investors&rsquo; interests while holding its gains much longer than most assets.&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-430895\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Aragon-Price-Chart.png\" alt=\"Aragon Price Chart\" width=\"984\" height=\"541\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Aragon-Price-Chart.png 984w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Aragon-Price-Chart-300x165.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Aragon-Price-Chart-768x422.png 768w\" sizes=\"(max-width: 984px) 100vw, 984px\"><\/p>\n<p><span data-preserver-spaces=\"true\">Other essential details to note is that the token recorded positive gains in the first and second quarters of the year, despite the crackdown from the SEC. With its current trend, it could finish the third quarter with gains.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, there might be a need to conduct an in-depth technical analysis of the asset before deciding, as it is getting closer to its resistance range at $4.3.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Breaking above this range would require intense activities around the network, and activities around the Aragon network are negligible.&nbsp;<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">3. Kava (KAVA)&nbsp;<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">Will KAVA be able to retain its gains? Despite the price decline across the crypto market, KAVA has managed to top the gainers list with over a 4% increase in price in the last 24 hours.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The sleeping token roared to life with the announcement of the launch of the 3DEX project. A post on its official Twitter handle sheds more light on the project.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/11 &#128227;<\/p>\n<p>Anons, plebs, degens, listen up!<a href=\"https:\/\/twitter.com\/KinetixFi?ref_src=twsrc%5Etfw\">@KinetixFi<\/a> is launching the first <a href=\"https:\/\/twitter.com\/hashtag\/v3DEX?src=hash&amp;ref_src=twsrc%5Etfw\">#v3DEX<\/a> (and perpetual market, but more on that another time&hellip;) on <a href=\"https:\/\/twitter.com\/hashtag\/Kava?src=hash&amp;ref_src=twsrc%5Etfw\">#Kava<\/a> on August 15th, 2023<\/p>\n<p>Let's unpack what that means &amp; why you should care.<\/p>\n<p>A thread &#128071;: <a href=\"https:\/\/t.co\/LOmGRgpwMi\">pic.twitter.com\/LOmGRgpwMi<\/a><\/p>\n<p>&mdash; Kava (@KAVA_CHAIN) <a href=\"https:\/\/twitter.com\/KAVA_CHAIN\/status\/1691461091136884736?ref_src=twsrc%5Etfw\">August 15, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Hence, is KAVA the best crypto to buy now? The technical analysis of KAVA shows that KAVA is primed for gains in the short term as the asset trades in the oversold range. Also, the gains recorded today are the pullback resulting from the overall price decline.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Even though KAVA might be able to hold the trend for a few more days, it might swing back into decline as bears move to take profit.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Furthermore, the disparity in the current trend of KAVA and its moving averages could lead to a further decline in its price.&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-430896\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Kava-Price-Chart.png\" alt=\"Kava Price Chart\" width=\"985\" height=\"599\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Kava-Price-Chart.png 985w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Kava-Price-Chart-300x182.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Kava-Price-Chart-768x467.png 768w\" sizes=\"(max-width: 985px) 100vw, 985px\"><\/p>\n<p><span data-preserver-spaces=\"true\">At the time of writing, the price of KAVA is below its long-term moving averages. The coin price might respond with a decline in the coming days.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Nonetheless, short-term traders can make the most of the price movement as the token currently trades at a massively discounted price, and its liquidity is still considerably high. However, there&rsquo;s a need to remember that KAVA is quite volatile, and the market sentiment towards the asset is quite bearish.&nbsp;<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">4. Rocket Pool (RPL)&nbsp;<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">Rocket Pool recorded an over 4% increase in price in the early hours of today, making it one of the top altcoin gainers of the day. However, the token quickly declined as the bear&rsquo;s force took over its trend.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Nonetheless, RPL might be one of the best cryptos to buy now because the token recorded a dramatic increase in trading volume today. It might signify the start of the accumulation cycle.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">RPL has declined most of the month, forcing its Y2D gains into the negative at -3. However, the trend is likely to retrace in the coming days or weeks as the trend shows that the token is nearing the oversold range.&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-430897\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Rocket-Pool-Price-Chart.png\" alt=\"Rocket Pool Price Chart\" width=\"979\" height=\"540\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Rocket-Pool-Price-Chart.png 979w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Rocket-Pool-Price-Chart-300x165.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Rocket-Pool-Price-Chart-768x424.png 768w\" sizes=\"(max-width: 979px) 100vw, 979px\"><\/p>\n<p><span data-preserver-spaces=\"true\">However, there might also be a need to consider the possibility of a bull trap before taking action on RPL. Its price is below its 200-day moving average, so RPL might still face further pressure from the bears.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Also, the token has had only 12 green days in the last 30 days. Nonetheless, RPL might present a short-term opportunity.&nbsp;<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">5. yPredict (YPRED)<\/span><\/strong><\/h3>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/insidebitcoins.com\/visit\/ypredict\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">yPredict&nbsp;<\/span><\/a><span data-preserver-spaces=\"true\">made another move to show that the platform will challenge the status quo in the Crypto AI category.&nbsp;&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The yPredict team released a fresh update of the&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/ypredict.ai\/prediction\/cryptocurrencies\/ethereum\/lstm-model\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">yPredict leveraging the LSTM model&nbsp;<\/span><\/a><span data-preserver-spaces=\"true\">to predict the price of Ethereum. Surprisingly it performed excellently at the task.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128200;Just read an insightful article on Ethereum price prediction using LSTM model by <a href=\"https:\/\/twitter.com\/hashtag\/yPredict?src=hash&amp;ref_src=twsrc%5Etfw\">#yPredict<\/a>. &#128302; In a world of crypto volatility, LSTM proves its prowess in forecasting Ethereum prices accurately. A deep dive into AI, data visualization, and hybrid models for a clearer view of&hellip; <a href=\"https:\/\/t.co\/pbWqxvwm8o\">pic.twitter.com\/pbWqxvwm8o<\/a><\/p>\n<p>&mdash; yPredict.ai (@yPredict_ai) <a href=\"https:\/\/twitter.com\/yPredict_ai\/status\/1691836386079363100?ref_src=twsrc%5Etfw\">August 16, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">As the project evolves, there&rsquo;ll be more focus on precision and improved accuracy. With the presale gliding towards the target, it&rsquo;s the best time for investors to get on board and take advantage of emerging technology.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With the current rate of activities, there&rsquo;s valid proof that the yPredict team is giving the project its best. So far, the presale fund is getting closer to the $4.58 million target.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The ground is wide open for investors and traders who want to stay ahead of the curve and leverage emerging technology to get the best out of their trading decisions.&nbsp;<\/span><\/p>\n<p><iframe title=\"yPredict New Presale INSANE AI Crypto Launch - Next 10x Crypto\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/ge2hmc4YS6E?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">While these tools are not designed to replace the human decision-making process, they can dramatically enhance it. However, the platform is only available to YPRED holders, and the token is currently available at a discount. At press time, investors can still get the token at $0.1.&nbsp;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Intending Investors should note that the price will increase by 11.11% as soon as the presale crosses into the next phase. With that, there is a need to act while the discount lasts.&nbsp;<\/span><\/p>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/insidebitcoins.com\/visit\/ypredict\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Visit the yPredict presale.<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">Read More<\/span><\/strong><\/h3>\n<ul>\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-cryptocurrency-to-buy\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best Crypto to Buy Now<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                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Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1835,"featured_media":430890,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-430888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Best Crypto to Buy Now August 17 - Injective, Kava, Aragon - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"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.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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