Home  >  Article  >  Best Crypto to Buy Now: Conflux (CFX), Popcat (SOL) (POPCAT), The Meme Games (MGMES), Ondo (ONDO), and Stacks (STX)

Best Crypto to Buy Now: Conflux (CFX), Popcat (SOL) (POPCAT), The Meme Games (MGMES), Ondo (ONDO), and Stacks (STX)

王林
王林Original
2024-08-30 21:43:18404browse

Recent activity in the cryptocurrency market has caught the attention of investors, leading them to explore various options. While Bitcoin’s price has declined by 1.07% in the past 24 hours, settling at $58,000, some altcoins like Conflux, Ondo, and Stacks have shown resilience.

Best Crypto to Buy Now: Conflux (CFX), Popcat (SOL) (POPCAT), The Meme Games (MGMES), Ondo (ONDO), and Stacks (STX)

Recent activity in the cryptocurrency market has attracted the attention of investors, leading them to explore various options. While Bitcoin’s price has declined by 1.07% in the past 24 hours, settling at $58,000, some altcoins like Conflux, Ondo, and Stacks have shown resilience.

This stability in altcoin prices could suggest a shift in investor focus from Bitcoin to these altcoins, possibly because investors perceive greater potential for growth in these assets. As a result, many investors are actively searching for the best crypto to buy now, aiming to secure substantial gains in the market.

Best Crypto to Buy Now

The new Perpetual futures for Conflux offer traders a strong opportunity to leverage their positions, which could increase market activity. Meanwhile, Ondo has launched its tokenized note, USDY, on the Arbitrum Network. Additionally, Stacks has caught the crypto community’s attention with its Nakamoto upgrade, designed to boost transaction speeds and enhance integration with its base blockchain.

1. Conflux (CFX)

Coinbase is planning to expand its perpetual futures offerings by including Conflux and two other tokens. Perpetual futures for Conflux have introduced a powerful opportunity for traders to leverage their positions, ultimately driving potential growth in market activity. This move is expected to draw interest from traders looking to benefit from the price fluctuations of CFX.

Meanwhile, Conflux has shown recent positive momentum in the market, supported by significant partnerships and the introduction of new trading options. Following this news, CFX experienced notable gains, reaching an intra-day high of $0.1408. Moreover, CFX traded at $0.1403 at press time, marking a 4.28% increase.

Over the past 30 days, the token has seen positive price movement on 15 days, representing a 50% success rate. Additionally, Conflux demonstrates high liquidity relative to its market capitalization. The 14-day RSI for Conflux stands at 53.41, indicating that the token is in a neutral zone. This suggests the possibility of sideways trading in the short term, with the potential for future price surges depending on market conditions.

2. Popcat (SOL) (POPCAT)

POPCAT has recently shown significant growth, with its value increasing by 5.00% over the past week. Furthermore, the token has offered long-term investors an annual return of approximately 3786%.

Growing buying pressure supports the upward momentum, and if the positive sentiment continues, POPCAT’s price could potentially reach $0.99730. Moreover, market sentiment for POPCAT remains optimistic, driven by several factors.

Meanwhile, Binance Futures recently introduced new USD-Margined perpetual contracts for POPCAT and SUN tokens. These contracts allow traders to leverage their positions up to 75 times their initial investment, offering enhanced trading opportunities and more diverse options.

Following this announcement, the price of the Solana-based meme token POPCAT saw a significant rally, with a 31% increase over 24 hours. This surge pushed the price to $0.5716.

Additionally, trading volume spiked by 119.07%, reaching $135 million. This surge in volume indicates heightened interest and activity in the token, making it the best crypto to buy now.

3. The Meme Games (MGMES)

In its presale phase, The Meme Games project has raised over $403,000, approaching its target of $1,118,526. Priced at $0.00935 per token, $MGMES presents itself as a potential candidate for the official cryptocurrency of the 2024 Paris Olympics.

Investors interested in MGMES can participate in the presale by purchasing tokens directly from the project’s website using an Ethereum or BNB Chain wallet. The total supply of MGMES tokens is capped at 2.024 billion, with 38% allocated for the presale. This allocation strategy ensures that early investors have access to a significant portion of the tokens before they become publicly available.

Furthermore, The Meme Games offers a staking opportunity with an annual return rate of 476%. Staking allows investors to increase their holdings before the MGMES token begins trading on exchanges on September 10.

The presale is scheduled to end on September 8, coinciding with the closing ceremony of the ongoing Paralympics. This could lead to a potential increase in the token’s value once listed on the open market, giving investors a confident outlook.

4. Ondo (ONDO)

Ondo has officially introduced its tokenized note, USDY, on the Arbitrum Network, marking a significant step forward for decentralized finance. This launch presents new opportunities for DeFi users, offering a secure, yield-bearing asset backed by

The above is the detailed content of Best Crypto to Buy Now: Conflux (CFX), Popcat (SOL) (POPCAT), The Meme Games (MGMES), Ondo (ONDO), and Stacks (STX). For more information, please follow other related articles on the PHP Chinese website!

Statement:
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn