Blockchain

Best Crypto to Buy Now September 26 – Bitcoin SV, Bitcoin Cash, Uniswap

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Each day, we review some picks for the best cryptos to buy now based on the latest market movements, blockchain news, and trending narratives.

Amidst the perceived turmoil in the cryptocurrency sector, it’s crucial to highlight discernible trends that are shaping the landscape. Firstly, the ascent of layer 2 (L2) projects has been remarkable in recent years.

This growth is underscored by the proliferation of assets within the L2 category, signifying a significant shift. Notably, transactions on L2 blockchains now surpass those on Layer 1 (L1) by a factor of four, with a remarkable tenfold reduction in gas fees.

Best Crypto to Buy Now

Beyond the L2 surge, crypto is witnessing a burgeoning interest in artificial intelligence (AI). Assets in this realm demonstrate substantial value appreciation, positioning themselves as standout performers in the current crypto milieu. This article sheds light on the most noteworthy performers among these AI-based projects.

Global Crypto Market Cap Chart

Furthermore, it’s imperative to draw attention to the emergence of a promising AI-backed crypto project, TG.Casino. This project is ambitiously poised to revolutionize the gaming experience by offering decentralization and anonymity through the widely used Telegram messaging app.

1. Bitcoin SV (BSV)

Bitcoin SV (BSV) is a cryptocurrency that positions itself as a project aiming to faithfully adhere to the original Bitcoin protocol outlined in Satoshi Nakamoto’s writings.

Its mission is to restore and maintain the core principles of Bitcoin while focusing on scalability and stability and providing a blockchain platform for efficient payments and distributed data applications.

Unlike Bitcoin (BTC), which has evolved into a store of value, BSV is intended to function as a peer-to-peer electronic cash system, targeting consumer, enterprise, and government users.

Bitcoin SV price chart

Bitcoin SV (BSV) was valued at $30.97 one week ago, representing a decline of -4.11% in the past seven days, with its current price at $30.76. Over the last 24 hours, BSV experienced a modest increase of 0.94%. 

Despite a slightly bearish sentiment prevailing in the broader cryptocurrency market, the long-term outlook remains optimistic, with a projected price of $86.81 for BSV by 2024.

According to the information from CMC and the project’s site, what sets it apart is its commitment to cryptographic methods that prioritize privacy and mathematical consistency and its unique hybrid consensus mechanism for securing transactions.

The goal of Bitcoin SV is to fulfill the original vision of the Bitcoin protocol and design as described in Satoshi Nakamoto’s white paper, early Bitcoin client software, and known Satoshi writings. BSV aims to offer scalability and stability in line with the original description of Bitcoin as a peer-to-peer electronic cash system, as well as deliver a distributed data network that can support enterprise-level advanced blockchain applications. To this end, it has removed artificial block size limits and re-enabled Script commands and other technical capabilities that had been historically turned off or restricted by the protocol developers of the BTC blockchain. This allows the network to process thousands of transactions per second while maintaining extremely low transaction fees for micropayments and offering advanced capabilities such as tokens, smart contracts, computation, and other data use cases.

Today’s live Bitcoin SV price is $30.77, with a 24-hour trading volume of $12,191,769. Bitcoin SV is up 0.66% in the last 24 hours. The current CoinMarketCap ranking is #57, with a live market cap of $592,901,446. It has a circulating supply of 19,266,077 BSV coins and a max. Supply of 21,000,000 BSV coins.

2. Bitcoin Cash (BCH)

Bitcoin Cash (BCH) emerged as a peer-to-peer electronic cash system to provide global, sound money. It achieves this through swift payments, nominal fees, privacy features, and an enlarged block size. BCH prides itself on being a decentralized cryptocurrency, eliminating the need for trust in third parties.

Born as an alternative to Bitcoin (BTC) in 2017, BCH developers modified the BTC code to create a competitive and separate blockchain, thus giving rise to Bitcoin Cash.

Its potential as an investment lies in its recent price dynamics, with a projected small move to $228, presenting an opportunity for investors to accumulate around $197.

The bullish sentiment is supported by indicators like the Relative Strength Index (RSI) and the Awesome Oscillator (AO), which suggest a resurgence in BCH’s market activity.

Bitcoin Cash

However, it’s essential to approach this opportunity with a balanced perspective, considering the inherent risks and market fluctuations.

Bitcoin Cash was created as an alternative to the first and most valuable cryptocurrency — Bitcoin (BTC). In 2017, BCH developers modified the BTC code, releasing their software version and a full-fledged competitive product, which split Bitcoin into two blockchains: Bitcoin and Bitcoin Cash. Bitcoin Cash is a result of a hard fork in the blockchain due to differences in the community over Bitcoin scaling and the SegWit upgrade. Moreover, another hard fork, which divided Bitcoin Cash into two parts, Bitcoin ABC and Bitcoin SV, took place in the fall of 2018. The scaling debate involved two sides: small block supporters opposed increasing block size, which could lead to blockchain centralization and vulnerability by making it harder to host full nodes. Large block supporters, however, advocated for a faster solution, concerned that rising transaction fees could hinder growth.

Today’s live Bitcoin Cash price is $213.28, with a 24-hour trading volume of $161,148,318. Bitcoin Cash is up 3.45% in the last 24 hours. The current CoinMarketCap ranking is #18, with a live market cap of $4,162,115,434. It has a circulating supply of 19,514,938 BCH coins and a max. Supply of 21,000,000 BCH coins.

3. Uniswap (UNI)

Uniswap (UNI) is a well-established decentralized trading protocol recognized for its integral role in facilitating automated trading within the decentralized finance (DeFi) token sphere.

The UNI/USD trading pair currently reflects a market scenario characterized by a tug-of-war between bullish and bearish sentiments, as observed across different timeframes. The one-day outlook leans towards a bearish trend, while the four-hour perspective hints at potential bullish momentum.

 

Uniswap price chart

Prudence suggests waiting for a clear breakout from existing resistance levels before considering further actions. Notably, the hourly analysis indicates a short-term bearish trend, with UNI prices encountering resistance at $7.26, illustrating an ongoing market battle between bears and bulls.

Uniswap recently made headlines by dominating the trading volume on the Polygon network, signifying its prominence in the DeFi landscape.

Although it experienced a modest price increase following this news, ongoing product development and robust community support inspire optimism about UNI’s future. 

Projected price gains for next year, like $9.90, suggest potential investment appeal, but as with any investment, it’s imperative to weigh these factors against market dynamics and inherent risks.

Uniswap aims to keep token trading automated and open to anyone who holds tokens while improving the efficiency of trading versus that on traditional exchanges. Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems that plagued the first decentralized exchanges. In September 2020, Uniswap created and awarded its governance token, UNI, to past protocol users. This added profitability potential and users’ ability to shape their future — an attractive aspect of decentralized entities. Uniswap creates liquidity — and therefore trading and the value that trading provides — for the DeFi sphere.

Today’s live Uniswap price is $4.30, with a 24-hour trading volume of $44,047,370. Uniswap is up 1.89% in the last 24 hours. The current CoinMarketCap ranking is #27, with a live market cap of $2,482,108,942. It has a circulating supply of 577,501,031 UNI coins and a max. Supply of 1,000,000,000 UNI coins.

4. Tron (TRX)

Tron (TRX) is a cryptocurrency with recent resilience, with bullish momentum propelling its value to $0.0847 as of September 26, 2023. The coin has been on an upward trajectory for weeks, and its current focus lies on overcoming the resistance at $0.0853. TRX’s consistent upward movement reflects a commitment from bullish investors.

Tron price chart

While it reports a 0.60% increase over the last 24 hours and a 0.35% increase over the past week, it’s essential to note that the relative strength index (RSI) is nearing the overbought range, indicating potential selling pressure. The coin’s mission centers around serving as a digital asset and facilitating decentralized applications on the Tron blockchain.

However, investment decisions should be made carefully, considering both the positive market trends and potential challenges, including the impact of overbought conditions on price stability.

Initially, the project was created to provide full ownership rights to digital content makers. The main goal is to help content creators (who receive only a tiny part of their income) and encourage them with more rewards for their work. How: invite content consumers to reward content makers directly (without intermediaries like YouTube, Facebook, or Apple). The TRON software supports smart contracts, various blockchain systems, and decentralized applications, aka dApps. The cryptocurrency platform uses a transaction model similar to Bitcoin (BTC), namely UTXO. Transactions take place in a public ledger, where users can track the history of operations. 

Today’s live TRON price is $0.084819, with a 24-hour trading volume of $143,852,716. TRON is up 0.79% in the last 24 hours. The current CoinMarketCap ranking is #10, with a live market cap of $7,558,258,860. It has a circulating supply of 89,109,993,499 TRX coins, and the max. Supply is not available.

5. TG.Casino

TG.Casino introduces a novel concept as a licensed Telegram casino and cryptocurrency. It aims to position its cryptocurrency, $TGC, at the core of its ecosystem, facilitating participation in casino games, earning rewards, and offering substantial staking returns.

A notable feature is its commitment to user privacy, with no KYC requirements, making it accessible to a broad demographic of Telegram’s 700 million users.

The platform’s emphasis on safety, licensing, and audit instills confidence in its integrity. While the platform is yet to launch, it promises an extensive array of live casino games, slot machines, table games, and even a sportsbook.

The 150% matched deposit bonus and 500 free spins offer an enticing incentive. Integrating blockchain technology and Telegram’s user-friendly interface positions TG Casino as a promising platform.

Notably, the high staking APYs offered by $TGC in its ongoing presale create investment potential, with a live APY of 3,446% for stakers. However, investors must consider the risks and market dynamics before participating in this novel venture.

Visit TG.Casino

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