Best Crypto to Buy Now October 4 – THORChain, Render, Uniswap
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The
cryptocurrency
market
is
gradually
recovering,
which
suggests
that
an
altcoin
rally
may
be
on
the
horizon.
Several
digital
assets,
such
as
Stacks,
Sui,
Polygon,
MultiversX,
VeChain,
THORChain,
and
Toncoin,
have
already
shown
significant
gains
during
this
period
of
market
improvement.
As
the
market
stabilizes,
many
investors
are
turning
their
attention
to
altcoins
with
growth
potential,
seeking
to
maximize
their
returns.
This
article
analyzes
some
of
the
best
crypto
to
buy
now.
Top
Cryptocurrencies
to
Invest
in
Now
Recent
data
from
IntoTheBlock
underscores
Arbitrum’s
expansion,
with
the
network
exceeding
1
billion
cumulative
transactions.
Meanwhile,
the
Crypto
All
Stars
presale
has
garnered
considerable
interest,
raising
over
$1.9
million,
mainly
due
to
its
distinctive
staking
rewards
system.
Additionally,
the
RENDER
token
has
recently
captured
market
attention,
driven
in
part
by
its
relevance
in
decentralized
GPU
rendering.
1.
THORChain
(RUNE)
THORChain
is
a
decentralized
liquidity
protocol
that
facilitates
cross-chain
cryptocurrency
exchanges,
allowing
users
to
swap
assets
like
Bitcoin
and
Ethereum
without
surrendering
custody
of
their
funds.
This
eliminates
the
need
for
intermediaries,
creating
a
trustless
environment
for
asset
trading.
Recently,
the
THORChain
ecosystem
has
seen
notable
growth,
particularly
with
the
merger
of
the
decentralized
finance
(DeFi)
network
Kujira
and
other
key
projects
into
the
“Rujira
Alliance.”
This
alliance
aims
to
establish
a
new
application
layer
that
supports
THORChain’s
cross-chain
liquidity
protocol,
potentially
enhancing
the
network’s
utility
and
expanding
its
reach.
THORChain’s
App
Layer
is
the
next
major
upgrade
to
the
networkLending,
Orderbooks,
Perps,
and
much,
much
more.
All
coming
to
the
THORChain
App
Layer
https://t.co/1g82GAozfR—
THORChain
(@THORChain)
October
2,
2024
As
of
the
latest
data,
RUNE
has
experienced
a
price
increase,
currently
trading
at
approximately
$4.70,
reflecting
a
2.84%
rise
over
the
day.
Its
recent
performance
remains
positive,
with
the
token
trading
above
its
200-day
simple
moving
average,
which
is
often
considered
a
bullish
indicator
in
technical
analysis.
The
protocol
has
also
demonstrated
a
relatively
stable
price
trend,
with
15
out
of
the
last
30
days
showing
price
gains.
Furthermore,
the
token’s
inflation
rate
sits
at
a
low
of
0.09%,
which
suggests
that
new
token
issuance
is
minimal,
potentially
limiting
the
risk
of
supply
dilution.
2.
Arbitrum
(ARB)
Arbitrum
plays
a
significant
role
in
the
decentralized
finance
(DeFi)
space
as
an
Ethereum
layer-two
(L2)
scaling
solution.
Using
optimistic
rollups
aims
to
improve
the
speed,
scalability,
and
cost-efficiency
of
transactions
on
Ethereum
while
still
relying
on
Ethereum’s
security
infrastructure.
This
approach
allows
for
quicker
and
more
affordable
transactions,
addressing
some
of
Ethereum’s
primary
limitations,
such
as
high
gas
fees
and
slower
transaction
times
during
network
congestion.
Recent
data
from
IntoTheBlock
highlights
Arbitrum’s
growth,
as
the
network
surpassed
1
billion
cumulative
transactions.
Arbitrum
Autumn
is
in
full
swing!
????–
1
billion
transactions
on
Arbitrum
One
–
1
million
Infinite
Rainbows
Stylus
NFTs
minted
–
First
L2
on
@uniswap
to
hit
200
billion
in
swap
volumeWhat’s
next?
????—
Arbitrum
(????,????)
(@arbitrum)
October
4,
2024
Moreover,
this
milestone
reflects
its
rapid
adoption
and
its
potential
to
reshape
the
DeFi
ecosystem.
Initially
processing
fewer
than
100,000
transactions
per
day,
Arbitrum
now
handles
over
2
million
daily,
highlighting
the
scalability
of
its
network
and
increasing
demand.
At
present,
the
ARB
token
is
priced
at
$0.5523,
marking
a
4.31%
rise
during
the
day.
Over
the
past
month,
the
token
has
experienced
a
12.20%
increase,
partly
driven
by
broader
market
recovery
trends.
This
reflects
a
generally
positive
outlook
from
analysts,
who
expect
continued
growth
in
Arbitrum’s
value
as
it
expands
within
the
DeFi
sector.
3.
Render
(RENDER)
Render
is
a
decentralized
platform
offering
GPU-based
rendering
solutions
aimed
at
transforming
the
digital
content
creation
process.
The
network
connects
GPU
node
operators,
who
have
unused
computing
power,
with
artists
and
developers
needing
scalable
rendering
solutions
for
3D
content.
The
platform
enables
more
efficient
use
of
computing
resources
by
decentralizing
the
rendering
process.
A
key
aspect
of
Render’s
appeal
lies
in
its
ability
to
support
the
growing
demand
for
GPU
rendering,
especially
in
the
context
of
the
Metaverse
and
other
immersive
technologies.
Decentralizing
this
process
allows
creators
to
scale
their
projects
more
efficiently
without
the
high
costs
associated
with
traditional
centralized
solutions.
Huge
news!
Render
now
supports
@maxonvfx
Redshift
–
bringing
the
two
leading
GPU
rendering
pipelines
to
@rendernetwork.With
native
C4D
file
support
and
an
easy
to
use
scene
checker,
C4D
users
can
get
frictionless
access
to
near
unlimited
GPU
cloud
rendering
power
on
Render!
pic.twitter.com/NrX3a9TWJh—
The
Render
Network
(@rendernetwork)
September
27,
2024
Moreover,
the
RENDER
token
has
recently
gained
market
attention,
partly
due
to
its
relevance
in
decentralized
GPU
rendering.
At
press
time,
RENDER
is
trading
at
$5.55,
reflecting
a
7.40%
intraday
rise.
Over
the
past
month,
the
token
has
increased
by
16.25%,
with
a
notable
18
days
of
positive
price
movement
out
of
the
last
30
(60%).
Its
high
liquidity,
driven
by
a
strong
market
cap,
also
indicates
a
healthy
level
of
trading
activity.
The
increasing
demand
for
decentralized
infrastructure,
coupled
with
Render’s
growing
role
in
the
development
of
VR
and
AR
applications,
has
boosted
its
momentum.
Additionally,
recent
partnerships
and
ecosystem
expansions
have
strengthened
the
project’s
position
within
the
crypto
market.
4.
Crypto
All
Stars
(STARS)
Crypto
All
Stars
has
attracted
significant
attention
by
raising
over
$1.9
million
in
its
initial
coin
offering
(ICO),
largely
due
to
its
unique
staking
rewards
system.
The
project’s
main
focus
lies
in
the
meme
coin
niche.
It
aims
to
integrate
a
staking
protocol
specifically
for
well-known
tokens
in
this
category.
Given
the
popularity
and
optimism
surrounding
meme
coins,
this
approach
could
appeal
to
a
broad
audience,
especially
those
interested
in
finding
additional
utility
for
their
meme-based
assets.
The
platform
features
the
MemeVault,
a
tool
that
allows
users
to
stake
their
meme
coin
portfolios.
By
doing
so,
holders
of
meme
tokens
like
Dogecoin,
Shiba
Inu,
and
others
can
earn
passive
income.
This
adds
a
layer
of
functionality
to
meme
coins,
which
are
often
viewed
as
speculative
assets
with
limited
use
cases
beyond
trading.
The
project
targets
investors
within
the
meme
coin
community
who
are
interested
in
maximizing
the
value
of
their
holdings.
During
the
presale,
the
native
token,
STARS,
was
priced
at
$0.0014828.
There
are
expectations
that
this
price
will
increase
as
further
funding
rounds
unfold
and
the
project
gains
momentum.
Visit
Crypto
All-Stars
Presale
5.
Uniswap
(UNI)
Uniswap
is
a
decentralized
trading
protocol
widely
recognized
for
its
role
in
enabling
automated
trading
of
decentralized
finance
(DeFi)
tokens.
It
operates
without
a
central
authority,
allowing
users
to
swap
tokens
directly
on
its
platform
and
providing
a
key
service
within
the
DeFi
ecosystem.
In
recent
months,
Uniswap
Labs,
the
organization
behind
the
platform,
introduced
a
0.25%
fee
for
token
swaps
performed
through
its
interface.
Over
the
past
six
months,
this
has
generated
over
$51
million
in
revenue
for
the
company.
The
fee
increase
builds
on
an
earlier
0.15%
fee,
which
was
introduced
in
Q4
2023
and
applied
to
select
trading
pairs.
With
this
lower
fee
structure,
Uniswap’s
projected
annual
revenue
stood
at
around
$13
million.
However,
the
introduction
of
the
higher
fee
reflects
greater
demand
for
the
platform,
as
the
market
has
absorbed
this
change
without
significantly
impacting
user
activity.
Intents-based
systems
are
fragmented,
each
with
their
own
set
of
fillers
and
no
unified
cross-chain
standardThat’s
why
we
teamed
up
with
@AcrossProtocol
to
propose
ERC-7683,
a
standard
designed
to
solve
fragmentation
through
a
universal
filler
network⛺️✨
pic.twitter.com/MMDqnHTOl1—
Uniswap
Labs
????
(@Uniswap)
September
29,
2024
This
increase
in
front-end
fees
has
helped
fund
Uniswap’s
ongoing
research
and
development
efforts,
supporting
future
growth.
Additionally,
the
platform’s
ability
to
maintain
user
engagement
during
this
period
has
contributed
to
the
growth
of
the
UNI
token.
The
token
has
demonstrated
resilience
and
continues
to
perform
strongly
in
the
market.
Currently,
the
UNI
token
trades
at
$6.71,
reflecting
an
intraday
price
increase
of
2.62%.
It
remains
above
the
200-day
simple
moving
average,
indicating
a
stable
long-term
trend.
UNI’s
high
liquidity
is
supported
by
its
large
market
capitalization,
and
it
remains
actively
traded
on
major
exchanges
such
as
Binance.
Read
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