Best Crypto to Buy Now August 23 – Arbitrum, Bitget Token, Sui

The
crypto
market
is
poised
for
an
upward
trend,
with
BTC
reaching
the
$61,000
mark.
Altcoins
like
Bitget
Token
and
Arbitrum
demonstrate
significant
growth
potential,
contributing
to
the
broader
market
recovery.
Additionally,
altcoins
in
the
gaming
sector
are
entering
strong
buying
zones,
which
is
attracting
investor
interest.
Given
the
potential
for
BTC
to
rapidly
reach
$70,000
and
catalyze
a
broader
recovery
in
the
altcoin
market,
investors
are
actively
seeking
the

best
crypto
to
buy
now. 

Best
Crypto
to
Buy
Now

Recently,
ARB’s
price
has
demonstrated
resilience,
holding
steady
above
$0.55,
increasing
by
1.31%
intraday.
Meanwhile,
PLAY
is
approaching
the
end
of
its
presale,
having
already
raised
over
$6
million.
The
presale
is
scheduled
to
conclude
on
August
26.
In
another
development,
Sui
Network
has
formed
a
partnership
with
Yield
Games.
This
collaboration
is
focused
on
advancing
the
growth
of
blockchain-based
gaming.

1.
Arbitrum
(ARB)

Arbitrum
enhances
speed,
scalability,
and
cost-efficiency.
It
achieves
this
through
optimistic
rollups,
which
help
offload
much
of
the
computational
and
storage
tasks
from
the
Ethereum
mainnet.
This
allows
for
higher
throughput
and
lower
transaction
fees.

Arbitrum’s
core
technology,
optimistic
rollups,
is
a
unique
feature
that
differentiates
it
from
other
Ethereum
scaling
solutions.
Unlike
some
approaches,
optimistic
rollups
assume
transactions
are
valid
by
default,
with
verification
occurring
only
when
necessary.
This
method
reduces
the
computational
burden
on
the
network,
making
transactions
faster
and
cheaper
while
benefiting
from
Ethereum’s
robust
security
features.

The
platform
has
an
active
ecosystem
that
includes
decentralized
applications,
wallets,
tools,
and
various
partners,
positioning
it
as
a
major
token
in
the
Ethereum
scaling
landscape.
With
a
market
cap
of
$1.99
billion,
Arbitrum
currently
ranks
as
the
45th
largest
cryptocurrency. 

Recently,
Arbitrum’s
price
has
shown
resilience,
maintaining
its
value
above
$0.55.
Over
the
past
24
hours,
the
price
has
increased
by
1.31%,
gaining
approximately
4.48%
over
the
past
week.
These
movements
suggest
growing
interest
from
investors.
Furthermore,
predictions
indicate
a
potential
significant
price
increase
soon.

2.
Render
(RENDER)

Coinbase
recently
introduced
perpetual
futures
contracts
for
Render,
Saga,
and
Threshold.
This
development
on
the
International
Exchange
and
Coinbase
Advanced
platforms
has
seemingly
increased
investor
confidence,
as
shown
by
the
positive
price
movements
of
these
tokens.

Render
has
also
announced
support
for
native
Cinema
4D
(C4D)
files.
This
update
is
significant
for
3D
artists
using
C4D,
as
the
new
C4D
Wizard
plugin,
based
on
Python,
allows
users
to
efficiently
check
their
project
files
before
submitting
them
to
the
Render
Network
for
distributed
rendering. 

This
integration
is
designed
to
streamline
the
workflow
for
C4D
users,
making
the
platform
more
accessible
and
user-friendly.
Following
Coinbase’s
announcement,
RENDER’s
price
surged
to
an
intra-week
high
of
$5.06
before
returning
to
a
24-hour
low
of
$4.57. 

Big
news
for
Cinema
4D
artists
using
the
Render
Network!
Your
rendering
process
will
be
streamlined
like
never
before
with

@rendernetwork
now
supporting
native
C4D
files.
????

Download
the
Render
Network
Wizard
(compatible
with
all
C4D
versions
from
2022
onwards)
that
provides
a…

—
The
Render
Network
(@rendernetwork)

August
15,
2024

Nevertheless,
the
token
saw
a
significant
increase,
trading
at
$5.19
at
press
time,
reflecting
a
4.28%
rise
over
the
last
day
and
a
14.10%
increase
over
the
week.
Furthermore,
the
market
capitalization
and
24-hour
trading
volume
rose
8%
and
137%,
respectively,
reaching
$1.95
billion
and
$64.65
million. 

Render
is
currently
trading
near
its
cycle
high
and
maintains
high
liquidity
based
on
its
market
capitalization.
Meanwhile,
the
14-day
Relative
Strength
Index
(RSI)is
42.66,
indicating
that
the
token
is
in
a
neutral
zone
and
may
experience
an
uptrend.
These
developments
and
upward
trends
place
RENDER
among
the
best
crypto
to
buy
now.

3.
Bitget
Token
(BGB)

Bitget
Token
has
gained
traction
within
the
crypto
community.
As
the
native
token
of
the
Bitget
exchange,
BGB
serves
multiple
functions
within
the
platform.
It
offers
users
benefits
like
reduced
trading
fees,
access
to
exclusive
features,
and
a
role
in
platform
governance. 

These
utilities
contribute
to
its
appeal,
particularly
during
bearish
market
trends.
The
value
and
utility
of
BGB
are
closely
tied
to
the
success
of
the
Bitget
exchange.
As
the
decentralized
finance
sector
grows,
the
platform’s
performance
influences
the
demand
for
tokens
like
BGB. 

Furthermore,
the
platform
has
been
expanding
its
user
base
globally,
which
could
sustain
or
increase
the
demand
for
BGB,
even
during
a
market
decline.
Meanwhile,
BGB
records
an
intraday
price
increase
of
about
1.59%,
trading
at
$1.00,
with
trading
volume
up
by
9.41%
to
$28
million.

Moreover,
analysts
are
cautiously
optimistic
about
BGB
despite
the
broader
market
downturn.
Given
the
token’s
role
within
the
Bitget
ecosystem
and
the
exchange’s
growth
trajectory,
it
has
the
potential
for
future
value
appreciation.
Based
on
the
current
Coincodex’s
forecast
for
Render
Token,
its
price
is
expected
to
increase
by
3.71%,
potentially
reaching
$ 1.012376
by
September.

4.
PlayDoge
(PLAY)

PlayDoge,
currently
in
its
presale
phase,
has
attracted
considerable
attention
within
the
crypto
community.
The
PLAY
presale
is
a
multi-stage
event
where
the
token
price
increases
incrementally
by
$0.000001
at
each
stage,
benefiting
early
investors.
With
over
$6
million
raised
so
far,
the
project
is
nearing
the
conclusion
of
its
presale,
which
is
set
to
end
on
August
26.

The
project’s
appeal
lies
in
its
unique
integration
of
digital
assets
into
a
Tamagotchi-style
game.
Unlike
many
play-to-earn
(P2E)
games,
PlayDoge
emphasizes
the
utility
of
its
PLAY
tokens
within
the
game
itself.
Players
earn
tokens
by
caring
for
virtual
pets,
providing
an
engaging
experience
and
a
financial
incentive. 

????
Important
Announcement
????

PlayDoge’s
highly
anticipated

#Presale
ends
on
Monday,
August
26th
at
10am
UTC!
⏳

Buy

$PLAY
in
final
stages
now!
????
????

https://t.co/JT0VEofqf2

pic.twitter.com/aWQCHxox0H

—
PlayDoge
(@PlayDogeGame)

August
16,
2024

This
approach
differs
from
games,
which
primarily
focus
on
cashing
out
earnings.
Instead,
PlayDoge
encourages
players
to
reinvest
their
tokens
into
in-game
items,
fostering
continuous
engagement.

The
PlayDoge
team
has
decided
to
conclude
the
fundraising
earlier
than
planned
due
to
rapid
progress
in
developing
their
mobile
P2E
game.
This
decision
has
led
to
speculation
about
an
earlier-than-expected
game
launch. 

As
the
presale
nears
its
end,
the
community
eagerly
awaits
the
announcement
of
the
token
claim
date,
which
will
likely
follow
shortly
after
the
presale’s
conclusion.
With
few
days
remaining,
the
current
pricing
of


PLAY

tokens
may
still
present
an
opportunity
for
those
considering
an
investment
before
the
token
becomes
publicly
tradable.

Visit
PlayDoge
Presale

5.
Sui
(SUI)

Sui
Foundation
and
gumi
Inc.,
a
well-known
Japanese
mobile
content
developer,
have
recently
announced
a
strategic
partnership.
This
collaboration
focuses
on
developing
“Brave
Frontier
Versus,”
a
sequel
to
the
popular
Brave
Frontier
series.
The
game
will
be
developed
on
the
Sui
Network
under
the
Web3
project
OSHI3
by
gumi.

Brave
Frontier
Versus
will
combine
traditional
gaming
elements
with
blockchain
technology
to
enhance
gameplay.
The
Sui
Foundation
and
gC
Games,
a
gumi
Inc.
subsidiary,
will
co-fund
this
title’s
development.
Additionally,
the
Oshi
Token
(OSHI)
will
partially
transition
from
the
Polygon
network
to
the
Sui
blockchain.
This
move
highlights
Sui’s
growing
influence
within
the
blockchain
gaming
ecosystem.

In
another
significant
development,
Sui
Network
has
partnered
with
Yield
Games.
This
collaboration
aims
to
promote
the
growth
of
blockchain-backed
gaming.
Sui’s
efficient
blockchain
technology,
which
includes
rapid
transaction
speeds,
a
user-friendly
experience,
and
scalable
infrastructure,
underpins
these
efforts. 

The
partnership
will
officially
launch
during
Korea
Blockchain
Week.
The
Sui
Zone
will
serve
as
a
central
hub
for
enthusiasts
and
gamers
interested
in
exploring
the
future
of
Web3
gaming.

????Welcome
to
Sui,

@gumi_oshi3_en!

We
can’t
wait
to
play
the
new

@bfvs_en
????

https://t.co/afWqgZPuRe

—
Sui
(@SuiNetwork)

August
21,
2024

In
terms
of
performance,
the
Sui
Network
has
recorded
impressive
metrics.
This
year,
it
handled
2.14
billion
transactions,
surpassing
major
networks
like
Tron,
Polygon,
and
Ethereum.
Moreover,
Sui
processes
297,000
transactions
per
second,
making
it
six
times
faster
than
Solana. 

Meanwhile,
the
network
also
demonstrated
significant
activity
in
decentralized
exchange
(DEX)
volume,
recording
50
times
the
volume
of
Aptos
within
the
first
year
of
its
mainnet
launch.
These
figures
underscore
Sui’s
capacity
to
support
high
levels
of
on-chain
activity.
At
press
time,
the
Sui
Network’s
native
token,
SUI,
is
trading
at
approximately
$0.9132,
marking
a
7.15%
increase
over
the
last
24
hours.

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