{"id":574349,"date":"2024-09-08T17:00:31","date_gmt":"2024-09-08T17:00:31","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=574349"},"modified":"2024-09-08T17:00:31","modified_gmt":"2024-09-08T17:00:31","slug":"6-best-altcoins-to-watch-today-september-8-uniswap-floki-conflux-hedera","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-watch-today-september-8-uniswap-floki-conflux-hedera","title":{"rendered":"6 Best Altcoins To Watch Today September 8 \u2013 Uniswap, FLOKI, Conflux, Hedera"},"content":{"rendered":"

River, a U.S.-based Bitcoin technology and financial services company, predicts that within the next 18 months, 10% of American businesses will allocate around 1.5% of their treasury reserves to Bitcoin, totaling approximately $10.35 billion. This projection comes amid growing concerns over a possible U.S. economic recession by July 2025.<\/span><\/p>\n

Meanwhile, Ripple has declared its backing for Kamala Harris in the 2024 presidential election. The company is facing difficulties with the performance of its XRP cryptocurrency compared to Bitcoin. Given the increasing adoption of digital assets, investors are searching for the best cryptos to add to their portfolios. For investors seeking such, this list covers the 6 best altcoins to watch today.<\/span><\/p>\n

6 Best Altcoins To Watch Today<\/b><\/h2>\n

Chainlink is a decentralized oracle network that enables communication between blockchains and external data sources. Floki is working to move beyond its meme origins by providing greater utility for its token holders. Cardano’s development team, Input Output (IOHK), and Hedera have become founding members of the Decentralized Recovery Alliance (DeRec Alliance). <\/span><\/p>\n

Conflux Network’s recent collaboration with Alibaba Cloud marks an important milestone in advancing Web3 innovation in Hong Kong. The Meme Games (MGMES), a meme coin project, has garnered attention by aligning its presale with the 2024 Paris Olympics and Paralympics. Meanwhile, <\/span>Bitcoin and Ether<\/span><\/a> are on track for a second consecutive week of losses.<\/span><\/p>\n

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

Uniswap Labs recently settled charges with the Commodity Futures Trading Commission (CFTC), agreeing to pay a $175,000 penalty as part of the settlement. The platform was accused of allowing the illegal trading of leveraged Bitcoin and Ether.<\/span><\/p>\n

Following the announcement, the UNI token saw an initial 5% jump. However, it later reversed some of those gains. At the time of writing, the token traded at $6.2, reflecting a slight 1.2% decline over the past 24 hours. <\/span><\/p>\n

\"UNI<\/p>\n

Moreover, UNI now hovers around the 20-day Exponential Moving Average (EMA) of $6.20. This level could serve as a key pivot point for potential bullish activity. A decisive close above this mark may indicate further recovery.<\/span><\/p>\n

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Over 6M addresses have swapped on multiple chains with Uniswap 🤯 pic.twitter.com\/Qz7iFjkAlL<\/a><\/p>\n

— Uniswap Labs 🦄 (@Uniswap) September 7, 2024<\/a><\/p><\/blockquote>\n