Join our Telegram channel to stay up to date with the latest news
If you follow our list of the best cryptocurrencies to buy , this article will continue to provide reliable asset choices. We recommend this token considering the current state of the cryptocurrency market.
As Bitcoin (BTC) rises, recently sold altcoins such as Solan's SOL may face highly leveraged liquidations and price increases.
According to the new data, Bitcoin rose more than 6% on Monday and fell below key support at $25,000 on Monday and was trading around $26,600 at press time.
As usual, altcoins like XRP, Ether (ETH), SOL, TRX Tron, Dogecoin (DOGE) and others follow Bitcoin closely. The altcoin's rise comes days after traders considered the possibility that the defunct FTX exchange could get bankruptcy court approval to sell assets from its multi-billion dollar portfolio.
This move shows that traders react quickly to changes in market conditions, as leveraged positions create liquidity when prices rise, contributing to greater price growth in this altcoin, which is one of the best cryptocurrencies to buy right now .
The best crypto you can buy right now
An increase in the value of Bitcoin often leads to an increase in other altcoins. Investors who own altcoins are optimistic about the current market. However, there is still time for investors who want to increase their position in the cryptocurrency market. You can invest in the best cryptocurrencies and buy them instantly
Global Cryptocurrency Market Capitalization Chart
Fortunately, we have highlighted these iconic symbols in this article. Let's check with the pre-sale code.
1. Network Layer 4 (LAYER4)
The Layer4 network was thoughtfully designed from the start to address two critical challenges in a sprawling global deployment: the evolution of traditional to advanced technologies and a significant paradigm shift in user experience. This approach ensures that Layer4 Networks is ready to deliver innovative solutions that resonate with users and pave the way for seamless integration into the digital landscape.
By meeting these challenges, Layer4 networks are poised to drive innovation and build a digital environment that meets evolving user needs. Its commitment to bridging the gap between traditional and advanced technologies and adopting a user-centric approach positions it as a transformative force in the digital space.
Be part of the movement and connect with the people moving the internet forward: https://t.co/OmYtycLRcS pic.twitter.com/FY1L3sG1Rf
— Layer4 Network 🌁 (@Layer4Network) September 8, 2023
The network aims to provide innovative solutions to overcome these challenges and create a user-friendly and technologically advanced platform. With a user-centric approach, Layer 4 aims to revolutionize the digital landscape and provide a seamless experience to its users.
2. blue (blue)
Ploy is an exotic feline known for his curiosity about human society and planetary management. The company is collaborating with ReMeLife to build a decentralized rewards-based ecosystem for the healthcare community.
BLUI is a meme code that provides initial access to the ReMeLife project. BLUI holders enjoy membership to the Blui & Friends VIP Club, access to upcoming NFT collections, discounted merchandise, and many member rewards and activities.
REME, on the other hand, is ReMeLife's native token for reward-based communities. It rewards members through a sponsorship-to-earn model, where users can monetize their personal data and contribute to the community. REME will be tradable once ReMeChain supports the POA blockchain. Members will be able to exchange their BLUI REME today with a discounted exchange rate during the REME pre-sale on the exchange in early 2024. This transition marks ReMeLife's transition to a DAO
Our community is crazy and we love you all 💙🙏$BLUI #PlanBlui pic.twitter.com/CyPIIfKNfZe
— Bluey (@planbluey) September 15, 2023
As such, BLUI represents a cat-based meme that supports and benefits from a unique community that is advancing the use of blockchain for social purposes, particularly in health and social services.
3. Parallax Financing (PLX)
Parallax is a platform that specializes in building yield and liquidity infrastructure for individuals, decentralized autonomous organizations and protocols. Their main focus is on LSD (Liquidity Sensitive Deposit) products, including Vanilla LSD, LSD Stablecoin and LSD Vault.
Your liquidity and return product suite consists of several components:
Orbital - Return Optimizer: Parallax uses Orbital's advanced auto-compounding feature that generates superior returns for LP (Liquidity Provider) tokens and LSD stablecoins.
Andromeda – Multi-Variable Returns: Users can choose between Bluechip Arbitram Funds or EP Funds, offering multiple return options.
Supernova - Power LSDfi: Users can earn high profits by accumulating any LSD asset with Supernova.
Black Hole - Liquidity Market: POL (Parallax on Liquidity) Market Parallax allows anyone to sell liquid bonds.
Another token in their ecosystem is $yPLX, which has various utilities:
Today we're excited to announce the launch of Orbital Vaults on @zksync with Genesis integration with @syncswap
Vault depositors can now earn real profits and other potential rewards across multiple platforms.
Let's take a closer look at how to achieve this 👇🪂 pic.twitter.com/6wdl0nkSYa
— Parallax Finance (@parallaxfin) September 11, 2023
Deposit Winning Multiplier: Setting the 80/20 CPM for $yPLX increases the bonus for deposits on Orbital and Andromeda Vaults. Protocol Fee Allocation: Users can vote and decide how protocol fees are divided among $PLX holders.
Exclusive Access: "Guardians of Parallax" provide additional benefits to $yPLX holders, including early access or whitelist access to the ecosystem's treasury, strategies and projects. $yPLX is earned by adding 80 PLX - 20 WETH to LP on Balancer, getting Balancer Pool Token (BPT) and placing in Parallax Stake Vault.
4. Volta Club (VOLTA)
Volta Club, a decentralized autonomous organization (DAO), promotes crypto and Web 3.0 protocols. Their job is to channelize their cash resources into new projects using advanced cash management techniques. This approach aims to achieve significant capital growth with continuous efforts to exceed market expectations.
The defining moment of Club Volta's journey occurred on 28 August 2023, when they moved from Wonderland to Club Volta. This shift introduces a new token that uses OFT's LayerZero technology. The main goal is to improve the security system and improve the functionality of the four main chains: Ethereum, Avalanche, Phantom and Arbitrum One.
This shift was necessitated by the multi-chain disaster, which is a major security threat to Decentralized Autonomous Organizations (DAOs). This left stake holders limited and hindered in their ability to effectively peg their tokens and stakes.
For those who hold the now-obsolete wMEMO tokens, processes have been implemented to make a smooth transition to Volta's main token. This conversion occurs at a fixed rate of 1:330 and can be efficiently implemented through the Volta Club application on channels that have wMEMO tokens. Once transferred, users can easily link their tokens to the Volta Club app on any of the four supported chains.
📣 We are pleased to announce the launch of the Community Member Proposal (CMP) feature, which allows community members to create proposals for The DAO. This allows for a more democratic and inclusive decision-making process while ensuring the security of the protocol. Learn more below! 👇 pic.twitter.com/VqFAAgsu59
— The Volta Club (@thevoltaclub) April 14, 2023
To enable cross-chain migration, the maximum supply is set at 1,000,000 Volta tokens. It is important to note that no additional codes will be issued. To maintain the exchange rate at 1:330 against the 1,000,000 Volta limit, Wonderland conducted a buyback and intentionally burned wMEMO tokens before the official launch.
Volta Club systematically market buybacks and token burns as part of its strategy. These steps help ensure that the token value accurately reflects the collective success and progress of the community.
5. Primary Bar XYZ (LPX)
Launchpad _ This success shows the project's growth potential and investors' confidence in its future. And with a current price of $0.0445 during the pre-sale, it's attracting more investors to get in on the action before it goes public.
Launchpad stands out for this risk management feature because it prioritizes the financial security of its users.
Tired of using multiple platforms for cross-chain transactions? 😪
Simplify your entire experience with just one click on #LaunchpadXYZ
Learn more at https://t.co/ZUZaIKgy84
#Web3 #Crypto #Blockchain #Ethereum pic.twitter.com/xKEKmc16X7— Launchpad.xyz (@launchpadlpx) August 16, 2023
In addition to its core offering, XYZ Launchpad keeps pace with the growing NFT market. It hosts a marketplace where NFT creators and collectors can connect and transact. Additionally, the platform offers exclusive deals to those who declare their participation and provides additional incentives to community members.