Join us telegram Stay up to date with the latest news coverage by subscribing to our channels.
Altcoins plunged last week due to accelerated selling in the US markets. Despite this, Bitcoin (BTC) remained stable around $54,000, leading to a slight recovery in the market for some altcoins. Investors are now The best cryptocurrencies to buy right nowI’d like to take advantage of these little bounces.
Best Cryptocurrencies to Buy Now
Crypto All-Stars has garnered significant attention by raising over $1.25 million in its initial coin offering (ICO). Meanwhile, VeChain recently partnered with UFC to grow the VeBetter ecosystem and promote sustainability. Polkadot has also proven its resilience, performing positively compared to its original selling price.
1. Polkadot (DOT)
Polkadot is known for its important role in blockchain interoperability, solving one of the biggest challenges in the cryptocurrency space: enabling communication between different blockchains. This design makes Polkadot attractive for projects that require high scalability and cross-chain functionality.
As demand for inter-blockchain communication grows, Polkadot’s ability to enable seamless network interactions is well-positioned for future growth. As blockchains become more specialized, the need for platforms like Polkadot to connect them is expected to increase.
A recent development in the Polkadot ecosystem is the $2.5 million seed funding secured by Hyperbridge. Hyperbridge aims to improve the way blockchains communicate by building on Polkadot’s infrastructure. The network’s parachain slots provide a secure way for blockchains to work together, setting a new standard for decentralized finance (DeFi) and other blockchain applications.
Telenova, the self-custodial Polkadot wallet within Telegram, now supports 30+ tokens!
These tokens can be sent to any Telegram username or blockchain address! You don’t need an existing Telenova or Polkadot account to receive tokens 📲
Check out more details⤵️ https://t.co/ualgMoU8O8
— Polkadot (@Polkadot) September 11, 2024
Polkadot is currently trading at $4.45 and is holding solid support near $3.75. The coin has shown resilience and has performed positively compared to its token sale price. In the last 30 days, DOT has had 16 green days, which represents a positive movement of 53%.
It has also maintained high liquidity in terms of market capitalization and is actively traded on major exchanges including Binance. Meanwhile, Polkadot’s strength lies in its ability to provide a scalable and interconnected environment that simplifies inter-blockchain communication, which is a key factor in driving adoption across a variety of blockchain-based projects.
2. Crypto All-Stars (STARS)
Crypto Allstars It has gained attention after raising over $1.25 million in its initial coin offering (ICO). While it has memetic value and a retro 8-bit aesthetic that appeals to a certain audience, its main appeal comes from its upcoming multi-token staking protocol. This development could potentially differentiate it from the meme coin segment.
The “MemeVault” staking protocol is a core feature of the platform. It allows users to stake a variety of popular meme coins and earn STARS tokens in return. By adding this utility, the project aims to provide more than just speculative value to meme coin holders and provide a way for investors to actively generate rewards.
In addition, STARS promises competitive staking rewards, which could contribute to continued investor interest in a market already known for its volatility. The team seems to be focused on targeting meme coin investors, providing them with a platform to interact with their preferred assets while potentially earning additional returns.
To enhance reliability, Crypto Allstars Audited by SolidProof and Coinsult. These independent assessments add credibility to the platform, addressing potential concerns about security and reliability. These audits can help foster trust among current and potential investors in niche projects like meme coins.
Visit Crypto All-Stars Pre-Sale
3. Chile (CHZ)
Chiliz is a digital currency developed by a Malta-based FinTech company focused on sports and entertainment. It powers the Socios.com platform, which uses blockchain technology to allow fans to participate in the decision-making process of their favorite sports teams through fan tokens.
This system allows sports clubs and organizations to build a closer relationship with their fan base and create additional revenue streams. CHZ has recently shown signs of upward momentum. With the $0.044 support level confirmed, it suggests that it could soon reach its target price of $0.096.
Analysts believe that Chiliz could provide a medium- to long-term buying opportunity, especially if Bitcoin (BTC) remains stable and in favorable market conditions. The token is currently trading at $0.05385, with a daily gain of 1.63%. Last week, CHZ grew by 11.13% and had 16 positive trading days in the past month. This consistency shows the resilience of the token in the current market environment.
All cryptocurrencies on all chains to Chiliz on the Chiliz chain
Now available @OnlampMoney‘s SWAP ✅ https://t.co/RuXXpj4IXG
— Chiliz – Sports Blockchain ⚽🏆 (@Chiliz) September 10, 2024
In addition, Chiliz’s strong liquidity, backed by its market cap, is another positive factor. If the broader market continues to follow the bullish trend, CHZ could see further price appreciation. However, its performance is still closely tied to the overall cryptocurrency market, especially the movements of large-cap assets such as Bitcoin.
4. NEAR Protocol (NEAR)
AI-related tokens have experienced modest growth recently, in line with Nvidia’s stock price rally. In particular, AI-focused cryptocurrencies are up 0.3% over the past 24 hours. According to CoinGecko, the total market cap of AI tokens is currently around $24 billion.
Of these assets, NEAR has seen a 0.22% increase in value over the past day, trading at $4.27 at the time of writing. NEAR is a layer 1 blockchain that positions itself as a community-governed cloud computing platform. It aims to solve problems that hinder competing blockchains, such as slow transaction speeds, low throughput, and limited interoperability.
This makes NEAR an attractive platform for developing and deploying decentralized applications, providing a user-friendly and developer-friendly environment. The NEAR protocol leverages Nightshade’s scaling technology to improve efficiency and scalability.
In addition, Nightshade’s sharding system divides blockchain data into smaller parts to improve transaction processing without compromising security. In essence, NEAR operates as a decentralized distributed network, similar to a centralized cloud system. This design promotes both security and efficiency.
Meanwhile, NEAR Protocol is currently trading at 168.36% above its 200-day simple moving average (SMA) of $1.60, indicating strong bullish momentum. Liquidity is relatively high, as evidenced by the volume-to-market cap ratio of 0.0804. The project has a market cap of $4.82 billion and a 24-hour volume of $387.52 million.
NEAR’s 14-day RSI is at 40.43, showing that the asset is currently in neutral territory. This suggests a period of consolidation without a clear direction, indicating that it may trade sideways in the short term. According to CoinCodex, the price of NEAR Protocol is expected to reach $14.35 by October.
5. VET
VeChain has partnered with UFC to expand the VeBetter ecosystem and promote sustainability. This collaboration is in line with VeChain’s mission to achieve long-term sustainability through decentralized technology.
Developed with support from Boston Consulting Group (BCG), the VeBetter ecosystem provides incentives for sustainable behavior. It does this through decentralized applications (dApps) that reward users with B3TR tokens. These tokens incentivize users to engage in environmentally friendly behavior. The UFC collaboration highlights VeChain’s potential to create economic value while providing the technical foundation for a circular economy.
In addition to the technical features, the ecosystem provides transparent tools to help businesses achieve the United Nations (UN) Sustainable Development Goals (SDGs). With UFC’s global reach, this partnership will introduce VeChain to a wider audience of over 900 million people.
Official Announcement: We are excited to announce an upgrade to our global partnership. @ufcJoining forces to grow the VeBetter ecosystem.
Leveraging incentive-based applications, VeBetter uses tokenization technology to help convert real-world actions into value.
Our partnership… pic.twitter.com/QOgfb3q04E
— VeChain (@vechainofficial) September 13, 2024
In the market, this announcement slightly boosted the value of VET, which rose by 1.99% to $0.02272. However, despite this increase, VET continues to face resistance and struggles to break out of the bearish pattern. The cryptocurrency remains below the $0.023 threshold.
Technically, the 14-day relative strength index is 44.32, indicating a neutral trend. This suggests that VET may continue to trade sideways in the short term. The UFC partnership also strengthens VeChain’s sustainability goals while increasing its global profile. This will allow VET to The best cryptocurrencies to buy right now.
Read more
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured on Cointelegraph
- SolidProof and Coinsult audited
- Staking Rewards – pepeunchained.com
- ICO Raises Over $10 Million – Closing Soon
Join us telegram Stay up to date with the latest news coverage by subscribing to our channels.