The cryptocurrency market has experienced modest gains over the past day after trading significantly below average to begin the week. Despite investors' cautious optimism about coin prices, it appears that there are still opportunities to profit.
In this article, we'll examine the best crypto to buy trending today:
The first option among the top trending coins is USTC. Formerly the stablecoin of the Terra ecosystem, USTC has depegged against the dollar but is striving towards regaining its value.
USTC currently trades at $0.032, marking a 0.92% price increase in the past 24 hours. The asset is poised for a major 1.2% tax burn which should go live on September 21. Along with Terra Classic (LUNC), USTC is expected to see some upside once the tax burn takes effect.
APE, the native token for the ApeCoin non-fungible token (NFT) and metaverse ecosystem, is one of the most valuable assets in the market - despite only launching in March 2022. The coin currently trades at $5.87, a 12.53% uptrend in the past day.
APE investors will be anticipating an important coin unlock that should happen this week. The ApeCoin ADO is expected to unlock 25 million APE tokens, which have been allocated for “launch contributors.” These unnamed companies and contributors could flood the market with their tokens, although investors are optimistic that APE would withstand the selling pressure.
HNT is the native token for Helium Network - a blockchain that allows anyone to own and operate a wireless network of Internet of Things (IoT) devices. The asset is currently trading at $4.47, marking a 4.3% price drop in the past 24 hours.
It would appear that HNT is among the top trending coins because of a bug on Binance that led to the mishandling of HNT
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