{"id":477442,"date":"2024-02-02T10:15:29","date_gmt":"2024-02-02T10:15:29","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=477442"},"modified":"2024-02-02T10:15:29","modified_gmt":"2024-02-02T10:15:29","slug":"best-crypto-to-buy-now-february-2-synthetix-kaspa-stacks","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-february-2-synthetix-kaspa-stacks","title":{"rendered":"Best Crypto to Buy Now February 2 – Synthetix, Kaspa, Stacks\u00a0"},"content":{"rendered":"

Finding the <\/span>best crypto to buy<\/span><\/a> right now is a never-ending task, with dozens of tokens launched on CEX and DEX platforms daily.<\/span><\/p>\n

As the crypto market evolves, investors must understand each digital asset’s unique features and potential advantages. This piece offers a comprehensive overview of the best tokens to buy now, explaining their unique attributes and the factors contributing to their appeal as potential investments in the market.<\/span><\/p>\n

Best Crypto to Buy Now<\/b><\/h2>\n

As of today, Pendle’s native token, PENDLE, has experienced a notable uptick of 10.18%, attributed to the platform’s growing adoption and heightened user activity. Similarly, Stacks has showcased its potential in the altcoin market, evidenced by a corresponding increase in its value. In addition, Astar Network has recently introduced zkEVM, a pioneering Layer 2 scaling solution designed for Ethereum.<\/span><\/p>\n

1. Pendle (PENDLE)<\/b><\/h3>\n

Pendle has witnessed a surge of 10.18% in its native token, PENDLE, over the last 24 hours. This upward trend is attributed to the platform’s expanding adoption and increased activity. The surge coincides with Pendle’s Total Value Locked (TVL) reaching new all-time highs.<\/span><\/p>\n

Furthermore, Pendle is a DeFi platform that focuses on tokenizing future yield streams from assets. This unique approach enables users to trade future yield optionality or deposit assets to earn rewards. The platform employs a distinctive model that combines options trading with Automated Market Makers (AMMs) tailored for duration-based assets.<\/span><\/p>\n

\"PENDLE<\/p>\n

In addition, Pendle’s announcement about a recent collaboration with Ondo Finance further enhances its capabilities. Announced on January 29, this partnership allows users to leverage the composability of Pendle’s tokenized cash equivalents. Moreover, Pendle peaked on February 2, 2024, at an all-time high of $2.87. <\/span><\/p>\n

Conversely, its lowest price was recorded on November 14, 2022, at $0.034103. Since reaching the all-time high, the lowest price experienced was $2.80 (cycle low), while the highest post-cycle low was $2.86 (cycle high). In addition, Pendle’s token is trading above the 200-day Simple Moving Average (SMA) and has seen positive price movement on 15 out of the last 30 days. <\/span><\/p>\n

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The best of Pendle #LRTs<\/a> at a single glance – the perfect way to optimize your yields, points and rewards.<\/p>\n

More to come soon! pic.twitter.com\/lF8FjLeJdI<\/a><\/p>\n

— Pendle (@pendle_fi) February 1, 2024<\/a><\/p><\/blockquote>\n