Best crypto to buy on trend now
Looking for the best crypto to buy right now, you could be spoiled for choice after bitcoin powered 10% higher yesterday.
It’s altcoins taking the races from the majors today, with some relative newcomers and some old friends showing good form.
Here are some of the best cryptos to buy trending today – September 10
Trending coins today that are capturing the interest and purchasing power of crypto investors include The Sandbox (SAND) Mirror Protocol (MIR), Green Satoshi Token (GST), Polymath (POLY), Helium (HNT) Terra Classic (LUNC) and Ravencoin (RVN).
Also on the list are crypto stalwarts Litecoin (LTC) — once known as cryptosilver when it was the No. 2 coin to bitcoins — and Ripple’s XRP token.
Mirror (MIR) and Helium (HNT) prices are up more than 20%
Among the biggest movers in our by no means exhaustive list are MIR and HNT, both up around 20%, with wireless network Helium priced at $5.51 and Mirror, the synthetic asset provider built on the Terra Blockchain at $0.297.
For more on Helium, check out our recent report – the hope that the Solana migration could help HNT, and so could the prospect of a burning program.
Priced at $0.297, Mirror is attracting attention given the rebirth of speculative action around the coins of the terra ecosystem, with both Terra Classic (LUNC) and Terra 2.0 (LUNA) seeing huge pumps in recent days.
The mirror is 139% from the low cycle we can pin to June this year. It is trading 97% below its all-time high, but has improved 23% in the last 24 hours.
Over the past week, MIR is up 23% vs USD, but 62% vs ETH:
The sandbox metaverse gaming ecosystem’s SAND token is only up 2% but has just started trending on popular investor service StockTwits.
Most of the positive price action began when the author began writing these words. SAND appears to be rejecting near-term support at $0.98 and is currently priced at $0.9949 – this could be one for swing traders to catch.
Meme Coin Tamadoge Takes Flight – Raises $14M As It Accelerates To Hard Cap
Its continued popularity is a sign of the value investors are increasingly placing on metaverse projects and crypto games, which brings us to Tamadoge.
Although Tamadoge is not trending on StockTwits, it is certainly garnering a lot of attention and is one to keep an eye on as its value is highly likely to explode once it comes out of the presale. We say that because it has already raised more than $14 million in pre-sales as it accelerates towards hardcap.
the funds will be used to build a monetization game that has great appeal by being both fun to play _ when you pick up the Tamadoge Pet – and a nice little servant too.
Its deflationary tokenomics also catches the eye, with a 5% burn on sales in the Tamadoge store where you buy food, clothes and cosmetics for your beloved pet.
Green Satoshi Token adds 13% price gain
Green Satoshi Token (GST) is another coin that is seeing significant upward pressure today, 13.4% higher at $0.038.
But watchers should be aware that there are two versions of the token, the Solana version, which we quote here, and the Ethereum version, currently priced at $0.22 and down 1.2% today. Both assets are earned in the web3 move-to-earn STEPN app.
Ravencoin price action shows that it is a favorite to be an Ethereum Merge winner
Ravencoin continues its rally as a proof-of-work protocol set to benefit from an influx of hashpower from miners left behind by the merger, as Ethereum begins its migration to proof-of-stake.
RVN is making steady progress today, up 4.5% at $0.0525. Ravencoin has an ROI of 80% in the last seven days.
RVN hashrate is already starting to trend higher:
Polymath has traded as high as $0.034 today, but profit-taking has seen the crypto give up some of those gains. However, POLY is still 14% ahead today, and is currently trading at $0.294.
POLY – and ERC20 – is an interesting crypto-asset. It is a blockchain dedicated to creating security tokens and incorporates all the necessary regulatory requirements such tokens require.
If you believe the future of stocks and real estate includes tokenization, then this is certainly a coin to watch. POLY is trading 75% below its all-time high.
Polymath has delivered a return on investment over the past seven days of 56%.
More juice to squeeze out of LUNC and LUNA?
LUNC’s bull run continues apace – the coin is in the green 6.7% at $0.00463, so we’re not too surprised to see both trending.
The other coin to emerge from the Terra implosion remnants is Terra 2.0, and it’s taking a breather today after storming more than 200% higher yesterday – although, at least in the latter case, the jury is still out on whether the special party is over or just underway.
Terra 2.0 LUNA has returned 206% in the last 48 hours, but is slowing slightly today, down 1.3% at $5.79, although it has touched as high as $7.01 in the session.
Litecoin has captured a bid, with a price of 63.86, making it 4.8% better, while XRP is priced at $0.3542 for a modest advance of 2.6%.
The XRP price could plummet if there is a settlement
The significance of the appearance of these two in StockTwit’s trending stocks and cryptos is what it says about sentiment. Both coins are old favorites that have large fan bases, especially the XRP Army.
The SEC and Ripple agreeing to unseal documents is being interpreted in some circles as an indication that a settlement is near. It would be bullish for the XRP price as it would end uncertainty and be better than the SEC winning the case if it were to accuse Ripple of selling an unregistered security.
Altcoin price action is a sign of improving crypto sentiment
The fact that they are starting to trend is an indication of downward movement as some traders and investors split to get back into the market.
The main question going forward for crypto market participants is whether bitcoin can sustain the momentum that fueled Friday’s stunning rally.
Judging by today’s performance, which has seen the largest crypto asset by market capitalization tread water after retreating slightly from the 21,640 touched at 05:30 UTC, buyers may want to await the opening of financial market trading on Monday.
The bounce in stocks and the decline in the dollar are believed to have helped spur bitcoin and a broader crypto pump on Friday.