{"id":565515,"date":"2024-08-16T14:32:11","date_gmt":"2024-08-16T14:32:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=565515"},"modified":"2024-08-16T14:31:52","modified_gmt":"2024-08-16T14:31:52","slug":"best-crypto-to-buy-now-august-16-uniswap-theta-network-stacks","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-august-16-uniswap-theta-network-stacks","title":{"rendered":"Best Crypto to Buy Now August 16 – Uniswap, Theta Network, Stacks"},"content":{"rendered":"

In the upcoming week, the crypto market is set to experience significant token-unlocking events, with $213 million worth of digital assets scheduled to be released. These events have raised investor concerns, as token unlockings are often associated with increased selling pressure. Among these tokens is Avalanche, which will be the largest ecosystem releasing tokens during this period.<\/span><\/p>\n

In light of this, investors focus on potential opportunities in the altcoin market, as this occasion can have a ripple effect. With the potential for price fluctuations, now might be an ideal time to buy promising cryptocurrencies at lower prices.<\/span><\/p>\n

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

Uniswap recently announced that its cumulative front-end fees have surpassed $50 million, highlighting its increasing influence in the decentralized exchange (DEX). Meanwhile, Stacks benefits from positive market conditions, marked by strong buying interest and solid performance indicators. Similarly, STARS has reportedly raised over $456,000 at the time of writing, indicating robust early interest in the project. <\/span><\/p>\n

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

Uniswap recently announced that its cumulative front-end fees surpassed $50 million. This achievement highlights the platform’s growing influence in the DEX space, where it continues to dominate on-chain swap volumes.<\/span><\/p>\n

Moreover, in preparation for the release of Uniswap v4, the platform has introduced a security contest with a $2.35 million prize pool. This initiative seeks to ensure that v4’s smart contracts are among the most thoroughly audited on the blockchain. The focus is on improving security through community-driven reviews.<\/span><\/p>\n

\"UNI<\/p>\n

Additionally, Uniswap has launched UniswapX on its mobile app, allowing users to access aggregated liquidity from on-chain and off-chain sources directly from their phones. This move aligns with the platform’s broader goal of making decentralized trading more accessible and efficient.<\/span><\/p>\n

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UniswapX is live on the mobile app 👀<\/p>\n

Access aggregated liquidity across onchain and offchain sources right from your phone<\/p>\n

Better quotes. No-gas swaps. pic.twitter.com\/fmFUuQ32uG<\/a><\/p>\n

— Uniswap Labs 🦄 (@Uniswap) August 14, 2024<\/a><\/p><\/blockquote>\n