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Best 11 Crypto to Buy Trending Today – IBAT, APE Lead the Chart

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Prateek Arora

As the crypto market shows signs of recovery, it is important to know which coins are the early gainers. At the same time, its also important to note whether these coins have a sound project backing them up or if they are just on the rise because of the hype around them.

We present you list of crypto you may consider worth investing. Some of them are undergoing correction which may be a great reason to adopt DCA strategy with them.

List of 11 Best Coins That You Can Buy Today

1. Terra Luna Classic USD (USTC)

USTC (Terra Luna Classic USD) is the rebranded version of the UST (Terra Luna USD) coin. The rebranding was done in May following the great LUNA crash, which brought down the prices of a majority of cryptocurrencies and also started the everlasting bearish run in the crypto market.

But, such was not always the case. USTC (then UST) was a stablecoin pegged to the US dollar and had a stable value of $1 for a couple of years. The Terra platform started as a blockchain-based transactions platform where users can use stablecoins to make transactions instead of using unpegged coins with high volatility for doing the same.

The stability of USTC was maintained by burning LUNA (now LUNC), Terra’s native coin. USTC has still not been able to recover from the LUNA crash and has even hit an all-time low of $0.009 in the month of July. However, the coin has shown some signs of recovery and is currently trading in the $0.03-$0.06 bracket.

Since the USTC has been de-pegged now, it has become more volatile, which makes it an attractive option for traders when it is moving uphill, which has been the case for the past 24 hours as the coin has gained 3.5% during that time.

Buy USTC Now

Your Capital is at Risk

2. Apecoin (APE)

Apecoin (listed as APE) is a cryptocurrency that resembles the Bored Ape Yacht Club (BAYC), which, needless to say, is the biggest NFT collection in the world. The coin was developed by APE Foundation after the idea of a coin backing the NFT collections was discussed on the APE DAO platform.

Should I buy Apecoin

Although the coin is not developed by Yuga Labs (the startup behind BAYC and MAYC) but it is backed by it. This is because 12% of the total APE coins were airdropped in the wallets of BAYC and MAYC token holders in set proportions. Also, 16% of the coins went to Yuga Labs directly.

The APE coin was launched around March of this year, and ever since, it has witnessed tremendous growth. The coin reached an all-time high of $40 dollars before the crypto market crash. Apecoin, too saw a massive decrease in its value since the crypto crash, so much so that it hasn’t been able to recover back to its previous value (however, it is slowly approaching the same).

A major reason behind Apecoin’s instead success was the BAYC collection. The Apecoin is currently trading at $6 dollars and has been able to gain almost 6.78% in the last 24 hours.

Buy APE Now

Your Capital is at Risk

3. Helium (HNT)

Helium (listed as HNT) is a blockchain-based Network provider that enables people to contribute to the network in the form of network devices (hotspots) and earn HNT for the same. This technique is especially useful in providing low-power and low-cost network services to people around the world.

Unlike other major blockchain projects, Helium does not rely on traditional proof-of-stake or proof-of-work consensus mechanisms. Instead, the whole system is based on what is called the proof-of-coverage mechanism. In this, the validators (network providers) are provided with HNT coins to verify whether the hotspots are providing network coverage.

Should I buy HNT

This new and innovative technique developed by Helium could be used by users from all over the world. At present, the network has 9,52,358 hotspots registered with it.

Helium’s potential is well recognised, and the same is evident from the $200 million investment it received from Tiger Global and Andreesen and Horrowitz. Given the strong use case and the early investments it has received, the project might grow into something big in future, and so will its native coin.

Buy HNT Now

Your Capital is at Risk

4. Chiliz (CHZ)

Chiliz is the native cryptocurrency of Socios, a blockchain-based platform designed to bridge the gap between teams and their fans. The fans are first supposed to purchase the Chiliz currency from a crypto exchange, and then they can use the CHZ token to purchase the token of their favourite teams.

The token of a team gives the owner the right to vote in meetings and, in a way, be a part of its management. If the fans feel that there needs to be a certain change in the team, then the same could be done via voting. The more coins a fan has more are his voting rights.

Should I buy CHZ

The Socios platform has double utility: for fans as well as the teams. The platform has managed to rope in big football clubs like F.C. Barcelona and Juventus, among many other teams. Socios have signed Football legend Lionel Messi as their brand ambassador.

The platform was launched in 2018. The Chiliz coin reached its all-time high of $0.89 in March 2021 and is currently trading at $0.24, gaining almost 1.5% in the last two hours.

Buy CHZ Now

Your Capital is at Risk

5. Terra Luna Classic (LUNC)

Terra Luna Classic (LUNC), the rebranded version of LUNA, has witnessed a good few weeks with its price increasing to $0.00029 from the $0.00009 point it was trading at earlier this month. As the crypto market recovers, the LUNC coin is expected to grow even further.

LUNC is the native coin of the older terra network and has a total coin supply of almost 6.9 trillion. The coin’s price is stabilised by burning a specific percentage of coins every time. A coin is burnt when it is transferred from a regular coin wallet to a burning wallet (a wallet which can only receive coins but cannot send the same). The burning of coins decreases their supply and increases the price of the remaining coins.

Terra LUNC

The developers of LUNC have roped in big exchanges to implement their big burn strategy, which basically proposes a 1.2% of the transaction amount being burned every single time the coin is purchased from the exchanges.

However the biggest of all crypto exchanges, Binance did not agree with the same. LUNC has a current market capitalisation of $1.7 billion indicating a great recovery from $600 million earlier this month.

Buy LUNC Now

Your Capital is at Risk

6. Algorand (ALGO)

Launched in 2019, Algorand (listed as ALGO) claims to be the fastest and most secure blockchain network in the market. And they have managed to achieve this feat within a short period of time, surprising both investors as well as the rival networks.

Algorand is based on the Proof-of-Stake consensus mechanism like many, but the validation in the network is not done by a specific group of people taking on the responsibility of a validator but uses each person as a self-validator instead. This makes the transactions more secure (one of the primary objectives of Algorand).

Should I buy ALGO

The motivation behind the development of the Algorand network was to solve the trilemma (decentralisation, Scalability and security). Algorand is also popular for its sustainable approach. While the major Blockchain networks are being scrutinized for their energy commissions, Algorand has become a carbon-negative network.

Instead of mining, users are supposed to hold their ALGO coins in their wallets which are staked.

Buy ALGO Now

Your Capital is at Risk

7. CVX

Convex Finance is a DeFi platform that helps users already staking in Curve Finance earn extra rewards by using the Convex platform. Curve Finance is the biggest decentralised crypto exchange where investors are incentivised more to contribute to the liquidity of the yield. CRV, the native token of Curve Finance, is exchanged for veCRV.

Should I buy CVX

CVX helps users to earn additional interests and rewards as they compete as LPs (liquidity providers) in the pool after consolidating everybody’s funds and, in turn, earn rewards for the platform by boosting the rewards using veCRV. The investors who use Convex Finance are rewarded in CVX (the native coin of convex Finance).

Buy CVX Now

Your Capital is at Risk

8. Terra Luna (LUNA)

The third coin in our list from Terra Labs, LUNA, is the official coin of the newly built blockchain called Terra 2.0. The network was built as a response to the LUNA crash that happened in May 2022.

Unlike the earlier network, the current network does not have stablecoins yet, and it seems that the developers this time are extra careful before taking each step to make sure their project doesn’t end up as it did earlier.

Should I buy LUNA

Terra platform originally was used as a transaction platform for people to make transactions using stablecoins. The stablecoins in the Terra platform were of 1:1 ratio of the fiat coin. LUNA was the platform’s native coin used for transaction charges, among other things. The LUNA coin was further used to stabilise the Stablecoins by burning the coins.

The Terra coin witnessed a sudden surge in its price, taking its value to near $7 but it has again dropped to near $2 dollar in the last 24 hours.

Buy LUNA Now

Your Capital is at Risk

9. Quint (QNT)

Quint is a Luxury Staking platform that offers users a chance to win amazing prizes like a supercar or a fully paid trip, along with the usual interests one receives when staking.

The Quint ecosystem has multiple components like Super-staking pools, The Quint Shop, NFT Marketplace and the Quint NFT boutique. Investors are allowed to participate in draw-ins once they invest in the staking pools.

Should I buy QNT

What makes Quint different from other staking platforms is that the investors who invest in one of Quint’s super-staking platforms are gifted an NFT from Quint. The NFT Marketplace provides liquidity to these NFTs, and the users can sell them if they feel like it.

To add to the services the platform has to offer, it also boasts an NFT boutique which is specially set up to create tailor-made NFTs for Quint users as per their requests. Once the NFT is finished in the digital form, a physical version of the same is delivered to the buyer.

The coin reached an all-time high of $2.7 in the month of July post which the coin had a bearish run. In the past month, the coin has shown growth and has grown from $1.7 to $1.9, slowly approaching the $2 mark for the 3rd time.

Buy QNT Now

Your Capital is at Risk

10. Lido DAO (LDO)

Lido DAO has tried to solve the liquidity issue involved while staking. Once an investor puts his money on a liquidity pool, he is not allowed to get it back till the staking pool expires. This is the case with common crypto staking platforms.

Lido DAO ups the game by providing liquidity to the staked amount. This is done by issuing a stake reward token to the investor who has contributed to the staking pool.

Should I buy LDO

The reward token is valued at par with the underlying staked asset. This enables an investor who has staked in the liquidity pool to exit the pool before its expiry. The reward token, however, has limited liquidity as it could be exchanged over the platform, including certain other platforms too.

Lido DAO is an innovative step in DeFi and is sure to grow and get a wider user base in the future. Lido DAO is currently trading at $1.7 and has not been able to maintain a constant uphill trend in the past 24 hours.

Buy LDO Now

Your Capital is at Risk

11. Battle Infinity (IBAT)

Battle Infinity is a blockchain-based fantasy sports platform offering its investors Play-to-Earn games (P2E), among other things. The platform was launched earlier this year and has been able to get a good response from its early investors.

The Battle Infinity platform has proposed (on its roadmap) introducing six basic components to the platform. These components would help the users use the platform in a better manner.

Should I buy IBAT

The IBAT Battle Swap enables users to buy the IBAT tokens from the platform or retrieve tokens from the game in exchange for other assets. This helps the platform provide liquidity to all its assets and gives the users an incentive to invest in the platform.

Like many other platforms, IBAT also proposes a staking platform for its users. The IBAT Battle Stake is one of the six components of the platform and is scheduled to be launched on 24th September.

The addition would add to the reasons why an investor would go for Battle Infinity over other options. The IBAT coin (the native coin of the platform) has witnessed a little growth in the last 24 hours and is expected to grow more as we approach the launch.

Buy IBAT Now

Your Capital is at Risk

Conclusion

Although the market is showing signs of recovery, the risk associated with an investment in these highly volatile assets would never decrease.

However, one should not be worried so much if he is looking for a long-term investment option. This is especially true for a new project as it has a higher chance of reaching new heights, and it also does not require a lot of investment.

Such projects like Battle Infinity offer investors lesser risks and higher potential.

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