Best Crypto to Buy Now September 8 – Baby Shiba Inu, Tellor, Render
Finding the best crypto to buy right now is a never-ending task, with dozens of tokens launched daily on CEX and DEX platforms.
Bitcoin appears to trend against pundits’ opinions as it recorded a 2% price increase in the last 24 hours. Additionally, the global crypto market cap increased by about 1%, bringing the value to $1.05 trillion in the last 24 hours.
The trend may indicate that the crypto industry is gradually shifting away from the bearish condition.
Best Crypto to Buy Now
Hence, what are the best cryptos to buy today? Besides Tellor, Render, and Baby Shiba Inu, investors should also look at the LaunchpadXYZ presale. The project offers extensive Web3 opportunities that investors can tap into in the short and long run. The details of the project are included below.
1. Baby Shiba Inu (BABYSHIB)
Baby Shiba is currently on a massive pump with gains of over 120% in the last 24 hours. Following the price reversal over the weekend, the new cryptocurrency is back on an uptrend, increasing its price by 150% in the last 30 days.
Hence, it ranks as one of the biggest gainers in the last 24 hours. Moreover, BABYSHIB’s trading volume increased by over 20%, indicating probable token accumulation.
$BABYSHIB trading is now live on @BitMartExchange! First CEX, but definitely not the last.
— Baby Shiba Inu (@babyshiberc) September 7, 2023
However, the sudden pump in the price of BABYSHIB can be traced to the recent listing on the BitMart exchange. The platform released the announcement in a recent tweet on the project’s official Twitter handle. Hence, BitMart exchange became the first CEX platform to list the new cryptocurrency.
According to the Twitter post, there are ongoing plans to get BABYSHIB onto other CEX platforms, which means the community can expect a further pump in the token’s price.
Hence. It might be the best time to add BABYSHIB to the investment portfolio in anticipation of an additional boost in its price over the coming weeks or months.
2. Tellor (TRB)
Is Tellor the best crypto to buy now? Tellor is currently trending on CoinMarketCap and other coin comparison sites. The sudden pump in the token price fuels its current visibility.
TRB recorded a price increase of about 45% earlier today, making it one of the top gainers on the market. Additionally, the trading volume of TRB is up by 338%, bringing its Volume-Market cap ratio to over 221%.
Furthermore, Tellor is trying to position itself for the rising oracle demands, and being a decentralized oracle positions the platform to tap into the growing market for off-chain data across the crypto industry.
The recent experiment on the Chainlink network demonstrated the potential of the crypto oracle sector, and other projects in the industry are quickly becoming the next big opportunity.
At press time, TRB’s Y2D performance shows that the token has seen over 38% increase in value and outperforms over 88% of the top cryptocurrencies, including Bitcoin and Ethereum.
Also, TRB’s current price indicates a potential bullish momentum when stacked against its long-term moving averages.
The present price price is below its long-term moving average. However, TRB is currently oversold and may soon swing into reversal. Hence, investors should consider that before investing in the asset.
3. XDC Network (XDC)
XDC currently dominates the gainers list across various crypto platforms. In the last 24 hours, the token has recorded a price increase of about 6%, and Presently, XDC price is up by about 7%, making it the biggest gainer among the top 100 cryptocurrencies. Does the current boost in the price of XDC make it the best crypto to buy now?
Liquidity providers of XDC Trade Network, we look forward to welcoming you to our luncheon.
Join us in shaping the future of global trade finance and explore how XDC Trade Network is leading the way in digitizing cross-border trade. 🌍 pic.twitter.com/7pgASQlG8T
— XDC Trade Network (@XDCTradeNetwork) September 7, 2023
The sudden pump in the asset price is not the only factor that positions XDC Network as one of the revolutionary projects in the crypto industry. The platform is working with various institutions to broaden the scope of worldwide crypto adoption.
The improving fundamentals are a strong pointer that the XDC is adequately positioned to catch the windfall when the overall crypto winter dies down. Hence, its token has become one of the best crypto for long-term hedging.
4. Render (RNDR)
As the proliferation of AI tech in the crypto industry continues, projects like Render token are rightly positioned to catch the windfall. Obviously, for the past 7 days, tokens in the artificial intelligence wing of the industry have recorded consistent price increases.
Render maintains its 7-days-long uptrend with yet another day of price boost. Thus, the RNDR token has recorded over 11% increase in price over the last 7 days. Currently, the token trades near its $1.46 resistance zone with a cost of $1.47. Can RNDR break into the $1.5 range?
The chance of RNDR breaking above the $1.5 range depends on improved activities, use cases, and other technical factors. However, the token shows potential solid fundamentals and improving use cases.
It’s safe to name it one of the best cryptos to buy now. Investors may consider buying the dip or adding RNDR to the watch list. But, RNDR has its downside. Investors should watch for impending bearish sentiment as the current price of RNDR is largely below its long-term moving average.
5. LaunchpadXYZ (LPX)
The LaunchpadXYZ opportunity is still open, and investors who want to take advantage of the growing Web3 space must hop on board. Early investors can access the 18% bonus offer, but it’ll be off the table in about 5 days.
Why wait when you can get bigger bonuses early? 🤯
— Launchpad.xyz (@launchpadlpx) September 7, 2023
Having access to information before others is one of the best ways to stay ahead of the curve, and this is what LaunchpadXYZ is all about. The platform is working towards a robust initiative where they can have access to emerging Web3 projects.
Also, LaunchpadXYZ features unique educational and learning programs for Web3 investors and traders. The project also provides other offers tied to the amount invested in the project. The price of LPX remains at $0.0445, and investors can get started at as low as $50.
The higher the commitment to the project, the more advantage an investor receives for trusting the vision. LaunchpadXYZ provides additional information about the available offers.
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