Best Crypto to Buy Now August 30 – Conflux, Ondo, Stacks

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. 

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
has
announced
plans
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
the
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.

????
NFT
in
China,
on

#Conflux
we
build!
????????

Embrace
sustainability,
and
paint
a
layer
of
green
on
the
Earth’s
canvas!
Jinjiang
Hotels
has
launched
a
new
NFT
on
Conflux,
themed
around
straw
reuse
and
exploring
the
harmony
between
humans
and
nature.

pic.twitter.com/3JuyFfFhbH

—
Conflux
Network
Official
(@Conflux_Network)

August
27,
2024

Furthermore,
Conflux
Network,
known
as
China’s
only
regulatory-compliant
public
blockchain,
recently
partnered
with
China
Mobile,
the
country’s
largest
telecom
provider
with
over
one
billion
monthly
users.
This
collaboration
aims
to
revolutionize
digital
collections
through
China
Mobile’s
digital
content
division,
Migu. 

The
partnership
will
introduce
advanced
digital
collectibles,
such
as
video
ringback
tones
(RBTs),
digital
identities
(DIDs),
and
blockchain
communication
hardware,
all
powered
by
Conflux’s
TreeGraph
public
blockchain.
The
first
initiative
from
this
partnership
will
involve
the
launch
of
the
world’s
first
public
blockchain-based
digital
collectible
video
ringtone,
marking
a
significant
milestone
for
Conflux
and
China
Mobile.

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.

The

#Paralympics
have
begun!
????

Join
the

$MGMES
presale
now
and
back
your
champion
for
a
chance
to
win
a
25%
bonus!
????

Ready,
set,
go!
????????https://t.co/6oUlx6ssLs

pic.twitter.com/z3hurwVWkG

—
The
Meme
Games
(@MemeGames2024)

August
29,
2024

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.

Visit
The
Meme
Games
Presale

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
short-term
U.S.
Treasuries.

By
leveraging
the
Arbitrum
network,
USDY
allows
users
to
invest
in
real-world
assets
through
top
DeFi
protocols
like
Camelot
and
Dolomite.
Furthermore,
USDY
is
designed
to
provide
an
annual
percentage
return
of
up
to
5.35%
on
stablecoins,
such
as
USD
Coin
(USDC),
making
it
an
attractive
option
for
those
looking
to
earn
passive
income
within
the
DeFi
sector.

According
to
Katie
Wheeler,
Ondo’s
vice
president
of
partnerships,
this
launch
enables
some
of
the
largest
DeFi
applications
to
integrate
tokenized
U.S.
Treasuries
into
their
platforms,
further
enhancing
the
utility
of
USDY.
Currently,
USDY
has
a
TVL
of
$364
million
and
is
available
on
eight
blockchain
networks,
including
Ethereum
and
Solana. 

Ondo
offers
another
similar
product,
the
Ondo
Short-Term
U.S.
Government
Treasuries
(OUSD).
Regarding
its
native
token,
ONDO,
the
current
trading
price
is
$0.6568,
with
a
slight
intraday
decrease
of
2.82%. 

However,
the
token
has
seen
a
year-to-date
increase
of
306%,
indicating
strong
long-term
performance.
The
token
also
benefits
from
high
liquidity,
supported
by
its
market
cap.
According
to
CoinCodex,
the
price
of
ONDO
is
predicted
to
rise
by
227.93%,
potentially
reaching
$2.15
by
September.

5.
Stacks
(STX)

Stacks
has
recently
gained
attention
within
the
crypto
community
due
to
its
Nakamoto
upgrade,
which
aims
to
significantly
boost
transaction
speeds
and
improve
integration
with
its
base
blockchain.
The
Nakamoto
Activation
Sequence
began
on
August
28,
introducing
several
key
enhancements
to
the
Stacks
protocol.

These
improvements
include
faster
transaction
processing,
stronger
guarantees
for
transaction
finality,
and
better
protection
against
blockchain
reorganizations.
Additionally,
the
upgrade
reduces
opportunities
for
Bitcoin
Miner
Extractable
Value
(MEV),
a
concept
where
miners
can
exploit
transaction
ordering
for
profit. 

Furthermore,
these
changes
collectively
bolster
the
network’s
resilience
and
performance,
providing
reassurance
about
the
capabilities
of
the
Stacks.
Meanwhile,
Stacks
emphasizes
that
this
upgrade
reinforces
its
position
as
a
leading
layer-2
solution
for
Bitcoin. 

Nakamoto
Activation
Window
Begins
????

Today
marks
the
beginning
of
a
sequence
to
safely
bring
the
Nakamoto
upgrade
and
its
fast
blocks
and
Bitcoin
finality
to
the
Stacks
layer!

Celebrate
with
21
days
of
events,
big
news,
collaborations,
giveaways,
and
more.
????

More
????
1/4

pic.twitter.com/tTwJ9Glxv5

—
stacks.btc
(@Stacks)

August
28,
2024

By
facilitating
more
advanced
smart
contracts
and
dApps,
Stacks
continues
to
leverage
Bitcoin’s
security
while
expanding
its
utility.
Despite
this
upgrade,
STX
has
experienced
an
intraday
decline
of
1.32%,
alongside
a
significant
45.44%
drop
in
trading
volume. 

However,
the
upgrade
is
expected
to
improve
transaction
speeds
and
the
network’s
resilience.
Currently,
STX
is
trading
above
its
200-day
simple
moving
average,
a
sign
of
stability
in
the
longer
term.
With
high
liquidity
relative
to
its
market
cap,
the
token
remains
attractive
to
traders. 

The
14-day
Relative
Strength
Index
(RSI)
for
STX
is
37.18,
indicating
a
neutral
market
sentiment.
This
suggests
that
the
token
may
continue
to
trade
sideways,
preparing
traders
for
potential
market
movements.

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