Best Crypto to Buy Now August 15 - Trust Wallet Token, Toncoin ... - Inside Bitcoins

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Each day we review some picks for the best cryptos to buy now based on the latest market movements, blockchain news, and trending narratives.

Today’s atmosphere in the crypto market is quite serene, and altcoins continue to dominate the market.

However, there’s been an unusual decline in crypto trading volume. The global crypto trading volume decreased by 7.33% in the last 24 hours. Similarly, there’s been a drop of about 1% in the global crypto market cap.

With the week starting on a rather pessimistic note, Investors must keep an eye on the trend to see how the market unfolds.

Global Crypto Market Cap Chart

Best Crypto to Buy Now

In today’s article, we’ll delve into the unique attributes of selected cryptocurrencies to unravel why they are the best cryptos to buy now. Additionally, we’ll consider upcoming crypto projects, especially presale tokens. Today’s article features yPredict, a blockchain-based AI project. Read on for more details.

1. Toncoin (TON)

Toncoin may have established itself as the best crypto to buy nowfollowing its protracted gains that increased the token’s price by 18%. TON embarked on an upward trend over the weekend and has continued consistently until now.

Today, the token’s price recorded an increase of over 5% and a commensurate boost in trading volume.

TON’s rally in the last 24 hours has brought the token close to breaking above the $1.5 mark. However, the resistance for the bears has kept the token below this range. Interestingly, it’s not the first time the exploding token would make such an attempt.

Ton has made several breakout attempts in the last 30 days. The total green days in the period amounts to 15. It means TON bears are on the move, wanting to break above the resistance.

However, some negative factors might push back against the token as the trend progresses. The first is its current price.

Even though TON has printed a price increase of 19% in the last 52 weeks, its current price is still below its long-term ema. It makes it challenging to predict if investors would be willing to accumulate the token in the long run.

Furthermore, TON RSI is in the overbought range. It may soon fall. With that, reaching a profitable long-term decision about the asset might be challenging. Despite the downsides,

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TON is still one of the best crypto to buy now based on its recent performance and the growing interest in the token.

2. Uniswap (UNI)

Will UNI make it through the quarter with a positive performance? The price of UNI has increased consistently since the start of the third quarter, from $4.5 to $6.2. In the last 24 hours, the token saw a pump of over 3% in price and some percentage increase in trading volume.

Despite the bear pressure that ravaged the DEX sector earlier, the token has retained its gains and is pushing for more significant gains. At its current pace, it might be safe to affirm that UNI is one of the best cryptos to buy now.

1/ Uniswap is the leading liquidity protocol on @arbitrum, processing over 50% of all swapping volume in the past 7 days at $675M!

If you haven’t swapped on Arbitrum, here’s your chance! See our next @layer3quest. Rumor has it we’re dropping an NFT 👀https://t.co/hp44jcCBZZ pic.twitter.com/NnDTZbzFop

— Uniswap Labs 🦄 (@Uniswap) August 14, 2023

Furthermore, the platform has outperformed other providers on Arbitrum in the LP sector. According to the post on its official Twitter handle, the platform processed over 50% of the swapping transactions, amounting to about $675M in the last seven days.

So far, UNI has spent 17 of the last 30 days in the green, pointing to the potential of a continued rally. Also, its relative strength index indicates there might still be room for grains in the long run.

Its current price trends are much above its long-term moving averages. All these indicators suggest that the value of UNI might maintain its gains in the short and long run.

Above all, keep an eye open for changes in the trend of UNI, as its weekly chart suggests that there might be a sale in the future.

3. Conflux (CFX)

Conflux has been trading sideways for most of the month, with little spikes along the way. However, the force from the bears has taken its toll, and the token swung into a decline today.

Despite the pressure, CFX still ranks among the best cryptos to buy now. The primary reason for this is the long-term potential of the token.

Firstly CFX is among the top crypto gainers this year, boasting over 190% gains in the last 52 weeks. Also, the token’s liquidity has risen due to its rising price.

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With that, its chance of retaining and attracting investors increases. Similarly, CFX has produced a performance that stands ahead of over 96% of the top-performance cryptos in the market.

Additionally, its technical analysis shows that the token is still close to its oversold range. Therefore, it can still withstand the pressure from the bear and return to an upward trend before the end of the week.

Besides the improving performance of the token, its social activities are also a significant contributor to its sudden pump in price. Today, the token’s trading volume has risen by almost 150%. The sudden pump in trading volume also coincides with the

However, there are indications that CFX is currently trading around its resistance price and might be forced further downwards during the week. With that, it’s still safe to buy the dip in anticipation of a future pump in price.

4. Trust Wallet Token (TWT)

TWT is currently recording a trading volume pump of over 87%. Also, the token’s price has increased by over 5% in the last 24 hours. Given the dramatic jump in value, is TWT the best crypto to buy now?

The token’s price might return to $1 before the week’s close. TWT bulls and bears have been in a fierce price battle for some days.

TWT attempted to break above the $1 range but faced rejection. Investors should remember that the token is trading close to its cycle height.

Also, it is currently recording a pump in liquidity due to its price increase. With that, it might find the rally it needs to break above the $1 price. Furthermore, if TWT successfully breaks above the resistance, it might reach $1.1 and up to the $1.6 price range.

Nonetheless, there is a need to keep an eye on the downsides of the token as well. A good instance is its overall performance in the last 30 days, which has only recorded 13 green days.

Also, it is necessary to analyze carefully before deciding, considering the asset’s current price is slightly below its long-term moving averages. Nonetheless, TWT might be one of the best cryptos to buy now due to its performance in the short run.

5. yPredict (YPRED)

yPredict, the AI-powered blockchain project, is getting closer to its debut. With each stage of its presale, the project’s potential becomes glaring. Currently, it has raised $3.4 million. Bringing it a few steps closer to its target of $4.85 million.

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At press time, the platform is still open for investors looking to get into the cryptocurrency AI sector still have the chance to do so. The presale price of the YPRED token is still at $0.1.

However, the price might change in a couple of days due to the deflationary effect. The subsequent price increase would kick in as soon as the project raises $4.58. Investors still have a short window of opportunity to take advantage of the offer while it lasts.

With the YPRED token, holders enjoy many advantages, especially on the yPredict platform.

The project is primarily designed for investors and traders. The goal is to help optimize decision-making and accuracy through the help of a predictive artificial intelligence system.

🔍 Unraveling Token Allocations & Project Commitment: The #yPredict Insight 💡🚀

Diving into the dynamic world of blockchain and crypto, yPredict’s unique tokenomics and ethos recently took the spotlight. Let’s navigate through this captivating journey! 🧵

🔑 The Token Story:… pic.twitter.com/9CfnT5BpDT

— yPredict.ai (@yPredict_ai) August 9, 2023

Therefore, the YPRED token grants holders unrestricted access to the platform. Getting in early means investors enjoy the first movers’ advantages and benefit from the increase in the value of the tokens when it finally goes live on exchanges. The project’s presale page provides additional information.

Visit yPredict Presale.

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