{"id":563074,"date":"2024-08-11T05:01:00","date_gmt":"2024-08-11T05:01:00","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=563074"},"modified":"2024-08-09T16:42:33","modified_gmt":"2024-08-09T16:42:33","slug":"best-crypto-to-buy-now-august-9-mantle-filecoin-aptos","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-august-9-mantle-filecoin-aptos","title":{"rendered":"Best Crypto to Buy Now August 9 – Mantle, Filecoin, Aptos"},"content":{"rendered":"

Selecting the <\/span>best cryptocurrency<\/span><\/a> involves evaluating market trends and project strengths. This guide highlights the top investment options available today.<\/span><\/p>\n

Bitcoin recorded its highest daily profit of the year, surging nearly 15% on Thursday. This significant increase allowed the cryptocurrency to break through multiple resistance levels and reclaim the $60,000 mark, signaling a strong recovery from the August 5th crypto market crash. <\/span><\/p>\n

Similarly, Ethereum surged alongside Bitcoin, posting a 17.5% daily gain as it rebounded from the market downturn. Several altcoins also joined in this upward movement, further boosting the market’s overall momentum. With the market in a positive trend, many participants are searching for the best cryptocurrencies to buy, hoping to secure substantial gains.<\/span><\/p>\n

\"Coin360<\/p>\n

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

Over the past eight months, Blockscout and the Filecoin ecosystem collaborated to develop and launch a new Filecoin Virtual Machine (FVM) explorer, which is now live. Meanwhile, Base Dawgz has gained attention due to its expanding community and unique multi-chain compatibility. Additionally, Mantle Network’s MNT token recently saw a significant 3.93% increase, placing it among the top-performing tokens on CoinMarketCap.<\/span><\/p>\n

1. Bittensor (TAO)<\/b><\/h3>\n

Grayscale has recently introduced two new investment trusts, the Grayscale Bittensor Trust and the Grayscale Sui Trust. These trusts focus on emerging sectors within the blockchain space.<\/span><\/p>\n

The Grayscale Bittensor Trust targets Bittensor’s native token, TAO. Bittensor is a decentralized AI project aiming to foster growth in this innovative field. The TAO token plays a key role in the Bittensor ecosystem by facilitating interactions and contributions within the network. This trust directly exposes investors to Bittensor’s efforts to develop decentralized AI technologies.<\/span><\/p>\n

Also, the TAO token experienced a notable increase in value following an announcement from Bitmind, a decentralized AI platform. Bitmind revealed the launch of the BitMind Subnet, an integral part of the Bittensor ecosystem. This new component focuses on detecting and mitigating deepfakes. <\/span><\/p>\n

It differentiates between authentic and synthetic content, offering transparent and publicly accessible results. Moreover, it utilizes an open-source subnet architecture to enhance its functionality.<\/span><\/p>\n

\"TAO<\/p>\n

This development has significantly boosted the TAO token, which has seen a 9.96% price increase to $308.78 at the time of writing. This recovery comes after losses experienced in the global crypto market. The crypto asset’s daily trading volume is $101 million, while its market cap is over $2 trillion. <\/span><\/p>\n

This recent performance makes TAO one of the top gainers on CoinMarketCap, making it the <\/span>best crypto to buy now. It is trading above the 200-day simple moving average and has seen 16 green days in the last 30 days, representing 53% of the period. The token is trading near its cycle high and shows high liquidity relative to its market cap.<\/span><\/p>\n

2. Filecoin (FIL)<\/b><\/h3>\n

Blockscout and the Filecoin ecosystem have worked together over the past eight months to create and launch a new Filecoin Virtual Machine (FVM) explorer. This new tool is live now. It enhances FVM transaction data accessibility and transparency. <\/span><\/p>\n

The explorer features faster indexing and comprehensive search capabilities, offering detailed views for transactions, receipts, addresses, and metadata. It is specifically designed to support developers, including advanced contract interactions, robust APIs, access to logs, and complete internal transaction views.<\/span><\/p>\n

\"FIL<\/p>\n

Additionally, Filecoin has rolled out the Waffle upgrade, which brings several key improvements. The upgrade also supports legacy Ethereum transactions, which facilitates the integration of more Ethereum tools and contracts. Moreover, the introduction of Non-Interactive Proof of Replication (NI-PoRep) simplifies processes for storage providers, making their tasks easier.<\/span><\/p>\n

\n

Filecoin Network News: We're excited to announce that the Filecoin Network Version 23 Waffle Upgrade by @lotus_web3<\/a> has been completed! ✅<\/p>\n

This significant milestone makes the Filecoin network faster, smarter, and more developer-friendly for Dapp creators.https:\/\/t.co\/dM8W62DUpI<\/a><\/p>\n

— Filecoin (@Filecoin) August 6, 2024<\/a><\/p><\/blockquote>\n