Several cryptocurrencies are gaining traction due to recent developments and market performance. New projects such as Crypto All-Stars and Pendle are making a splash with innovative features and significant returns. This analysis highlights the best cryptocurrencies to buy right now and provides key developments and metrics to help market participants evaluate their options.
The best cryptocurrencies to buy right now
Litecoin’s on-chain activity is increasing, indicating increased user interest. In just one day, active addresses increased from 285,924 to 289,064, which could drive further price volatility. Meanwhile, AVAX has been highly volatile over the past month, but signs of a bullish trend are emerging. Additionally, Pendle launched Bitcoin Arc, a new BTC staking pool designed to provide Bitcoin holders with a better yield strategy.
LTC
Litecoin uses blockchain technology to enable fast, secure, and low-cost transactions. Its transactions are typically confirmed in just a few minutes and have minimal associated fees. This makes Litecoin a viable alternative to Bitcoin, especially in regions where high transaction fees may hinder usage.
Currently, Litecoin’s market cap is $64.09, reflecting a recent positive trend after breaking above a key resistance level. Recent market analysis notes that this price action suggests that Litecoin has the potential to enter a broader bullish phase. Additionally, Litecoin’s market liquidity is strong, thanks to its large market cap. This liquidity makes it easier for users to trade the coin without significantly affecting its price. Litecoin’s on-chain activity continues to increase, indicating growing interest from users. In a single day, the number of active addresses on the network increased from 285,924 to 289,064. The increase in activity could further drive price volatility.
However, the net point growth rate remained flat at 0.34%, and the concentration of major shareholders decreased slightly, down 0.27%, which indicates that despite the overall good momentum, the behavior of major shareholders is still cautious. In addition, although some indicators show that large investors are cautious about LTC, LTC's interest and activity are growing. Its low fees and fast transactions continue to make it a competitive choice in the cryptocurrency market.
BNB
Alchemy Pay recently announced support for the BNB ecosystem. The partnership enables Alchemy Pay’s On & Off-Ramp service to support a variety of tokens on the BNB chain, including its native token BNB as well as stablecoins such as USDC and USDT. This update was shared through Alchemy Pay’s official X account, marking an important milestone for the payment platform and the BNB chain.
This development enhances the user experience by simplifying transactions between fiat and cryptocurrencies, making the BNB Chain more accessible. The integration of Alchemy Pay further expands the reach of the BNB ecosystem, a blockchain known for its fast, scalable, and cost-effective infrastructure. This makes the BNB Chain a popular choice for developers building decentralized applications (DApps) and users engaging in decentralized finance (DeFi).
With the support of Alchemy Pay, tokens on BNB Chain will become easier to identify and use, allowing new and old users to benefit from it. This collaboration is in line with BNB Chain's goal of providing an accessible and efficient blockchain ecosystem. Following the announcement, BNB's price has seen significant growth. Between September 11 and 13, BNB rose 7%, outperforming the overall Altcoin market's 2% gain. As of this writing, BNB is trading at $539.93, with an intraday gain of 3.60%. It is also above its 200-day simple moving average, indicating good momentum.
AVAX
Avalanche is a well-known token in the decentralized finance (DeFi) space that enables the creation of scalable decentralized applications (dApps) without compromising speed, security, or reliability. Avalanche’s focus on pushing the boundaries of DeFi has made it one of the top 20 cryptocurrencies by market cap.
Recent price analysis shows that AVAX has been quite volatile over the past month, but a bullish trend appears to be forming. The token’s price has increased by 14.26% over the past 30 days to $24. However, despite its huge potential, other assets may have seen larger percentage gains. Currently, AVAX is trading at a somewhat corrected price of $23.67. Additionally, investor activity shows that long-term holdings of AVAX are increasing, while short-term trading continues to play a role. For many traders, this pattern indicates optimism, suggesting that further price gains are possible without a major market downturn. Key indicators such as increased staking participation, an increase in total value locked (TVL), and growing investor confidence all suggest that AVAX is poised for future price growth. Analysts believe that if the token breaks above key resistance levels, it could see further gains on the back of its expanding role in the financial sector and the strength of its network.
PEPE
PEPE will make a comeback. From the perspective of price trend, Pepe (PEPE) has become the biggest beneficiary of the bullish headwind of Ethereum ETF. The leading meme, pepe coin, has no high transaction tax, which increases the trading and liquidity of pepe coin. Its price has recovered to within the symmetrical triangle, and the bulls seem to be ready to launch a bullish breakthrough. As long as the main force starts to pull, all major communities are frogs.
SUI
Sui is one of the most popular copycats in the past year. Sui chain's game consoles started pre-sale this week, similar to Solana's mobile phone airdrop. And this week it can be clearly seen that funds began to enter the Sui ecosystem. The BLUB and LIQ on its chain rose very rapidly this week, creating a wealth-making effect on the Sui chain. Fundamentally speaking, whether it is trust institutions, game equipment pre-sales, or the proportion of market value, SUI's blue ocean map has begun to emerge, so this is also the benchmark that SUI has always focused on participating in.
FET
Technical analysis shows that the downward trend line has been broken and the neckline will soon be broken. Interest rates will be cut soon. The fundamentals, funding and environment are all right. The target is 10 US dollars. Seize the opportunity when the price is less than two US dollars now.
Looking at the daily chart, all small coins have been adjusting at the bottom for a long time, and the BTC rebounded first. After the interest rate meeting on the 18th, it is expected that there will be a good round of market conditions. Even if there is a sharp drop, it is an excellent opportunity to enter the market. I believe that there will be surprises in the market in late September and early October!
