Looking for the best crypto to buy right now and you might be spoiled for choice after bitcoin rose 10% yesterday.
It is the altcoins that are taking over from the large caps today, with a few relative newcomers and a few old friends showing good form.
Here are some of the best cryptos to buy trending today – September 10
Trending coins that are driving the interest and buying power of crypto investors today include The Sandbox (SAND) Mirror Protocol (MIR), Green Satoshi Token (GST), Polymath (POLY), Helium (HNT) Terra Classic (LUNC) and Ravencoin (RVN).
Also joining the list are crypto stalwarts Litecoin (LTC) – formerly known as cryptocurrency when it was bitcoin’s #2 coin, and Ripple’s XRP token.
Mirror (MIR) and Helium (HNT) prices increased by more than 20%
Among the biggest movers in our non-exhaustive list are MIR and HNT, both up around 20%, with the Helium wireless network priced at $5.51 and Mirror, the synthetic asset provider built on the Blockchain Terra at $0.297.
For more on helium, check out our recent report – Solana’s migration hopes can help HNT, as can the prospect of an etching program.
Mirror, priced at $0.297, is attracting attention given the revival of speculative action around terra ecosystem coins, with Terra Classic (LUNC) and Terra 2.0 (LUNA) seeing huge pumps the last days.
The mirror is 139% from the bottom of the cycle which we can pin to June of this year. It is trading 97% below its all-time high, but has improved 23% in the past 24 hours.
Over the past week, the MIR is up 23% against USD but 62% against ETH:
The Sandbox metaverse gaming ecosystem’s SAND token was up just 2%, but has just started trending on popular investor service StockTwits.
Most of the positive price action started when the author started writing these words. It looks like SAND is bouncing off short-term support at $0.98 and is currently priced at $0.9949 – this could be a problem for swing traders.
Meme Tamadoge coin flies – raises $14 million as it accelerates to ceiling
Its continued popularity is a sign of the value investors are increasingly attaching to metaverse projects and crypto games, which leads us to tamadoge.
Although Tamadoge is not trending on StockTwits, it is certainly attracting a lot of attention and is one to watch as its value is very likely to explode when it comes out of presale. We say this because it has already raised over $14 million in its pre-sale as it accelerates towards its cap.
The funds will be used to create a money-making game that has mass appeal by being both fun to play – when raising your Tamadoge Pet – and a nice little earner too.
Its deflationary tokenomics are also attracting attention, with a 5% burn on sales in the Tamadoge store where you buy food, clothing and cosmetic items for your beloved pet.
Green Satoshi Token wins 13% price
The Green Satoshi Token (GST) is another coin that is under significant upward pressure today, 13.4% higher at $0.038.
But observers should be aware that there are two versions of the token, the Solana version, which we cite here, and the Ethereum version, currently priced at $0.22 and down 1.2% today. Both assets are earned in the STEPN web3 move-to-earn app.
Ravencoin’s Price Action Shows It’s a Frontrunner to Be an Ethereum Merge Winner
Ravencoin continues its rally as a proof-of-work protocol destined to benefit from an influx of hashing power from miners left behind by the merger, as Ethereum begins its migration to proof-of-stake.
RVN is steadily rising today, up 4.5% to $0.0525. Ravencoin shows an 80% return on investment in the last seven days.
The RVN hashrate is already starting to increase:
Polymath traded as low as $0.034 today, but profit taking saw the crypto give up some of those gains. POLY is nonetheless still 14% ahead today, currently trading at $0.294.
POLY – and ERC20 – is an interesting crypto asset. It is a blockchain dedicated to the creation of security tokens and which incorporates all the regulatory requirements necessary for these tokens.
If you think the future of stocks and real estate includes tokenization, then this is definitely a coin to watch. POLY is trading 75% below its all-time high.
Polymath has achieved a 56% ROI in the last seven days.
More juice to squeeze for LUNC and LUNA?
LUNC’s bull run continues apace – the coin is in the green 6.7% at $0.00463, so we’re not too surprised to see them both moving.
The other coin to emerge from Terra’s implosion debris is Terra 2.0 and it’s taking a break today after storming over 200% more yesterday – although, at least in the latter case, the the jury is still out on whether this particular party is over or just went.
Terra 2.0 LUNA has returned 206% over the past 48 hours, but is declining a bit today, down 1.3% to $5.79, although it hit $7.01 during the session .
Litecoin caught a bid, posting a price of 63.86, making it 4.8% the best, while XRP is priced at $0.3542 for a modest 2.6% lead.
XRP price could skyrocket if there is a settlement
The significance of these two appearing in StockTwits trending stocks and crypto, is what it says about sentiment. Both coins are old favorites that have large fanbases, especially the XRP army.
The SEC and Ripple’s agreement to seal the documents is being interpreted in some circles as indicating that a settlement is near. This would be bullish for the XRP price as it would end the uncertainty and be better than the SEC winning the case wishing it would accuse Ripple of selling an unregistered security.
Altcoin price action is a sign of improving sentiment for crypto
The fact that they are starting to trend indicates eddies at the bottom as some traders and investors split to re-enter the market.
The key question facing crypto market participants is whether bitcoin can sustain the momentum that produced Friday’s stunning rally.
Judging from today’s performance, which saw the largest crypto asset by market capitalization surge after falling slightly from 21,640 at 05:30 UTC, buyers may want to wait for Monday’s financial markets to open.
The rebound in equities and the lower dollar are believed to have helped boost bitcoin and the broader crypto pump on Friday.