In the wake of recent positive developments last week, Cardano is on the verge of a monumental milestone with the final ratification and submission of its paperwork to the U.S. SEC to create a Cardano ETF.
A similar success story has recently lifted Solana, which has experienced a meteoric rise in its price movement due to the record adoption of its real-world asset ecosystem. The RWA ecosystem has now topped at $500 million valuation with $11.6 billion in activity and 66,000 record holders.
DeepSnitch AI is another hidden crypto gem that has also enjoyed massive success in its ongoing presale round, raising over $174k in a flash. This AI-backed project seeks to democratize institutional-grade insights and is currently available at a presale price of $0.01634, and could be one of the best cryptos to buy now, alongside SOL and ADA.
Grayscale filed an S-1 registration with the SEC for Cardano ETF
The race for altcoin ETFs continues to heat up with the latest S-1 application filing from Grayscale for the Cardano Trust ETF.
This came in the wake of the monumental 92 pending crypto ETP applications, which have seen a massive surge in institutional demand for altcoins.
Despite the headlines surrounding the ETF filings, Cardano has witnessed mixed price action, with initial movement stifled around the $0.82 support level in the 24-hour price chart. However, bulls are eyeing a massive rebound from this key support because of the sustained momentum above EMA55, EMA89, and MA200.
With the touted Cardano ETF application garnering about 87% approval odds, there’s more to be expected in the coming months. Additionally, significant developments are underway, with Cardano’s on-chain volume surpassing $5.3 billion in the last 7 days.
The effect of all this buzz is a surge in altcoin institutional adoption, where smart money, looking for the best crypto to buy now, is eager to accumulate.
Best crypto to buy now: 3 cryptos running hot now
1. DeepSnitch AI
It’s evident that the primary market mover right now is the ETF buzz and investors’ urge for real-world assets.
These two prime factors have changed the market dynamics, as evident in the bullish sentiment of Cardano following the announcement that it has filed an S-1 registration for its ETF.
The same template is replicated in the Solana ecosystem when its real-world assets ecosystem catalyzes price action and increases volume by up to 30% within a few hours of the announcement.
In the same vein, DeepSnitch, the AI-powered blockchain intelligence platform that utilises advanced AI tools to eliminate smart contract risks and deliver institutional-quality insights, also looks to witness an upside surge due to these major market movers.
The subdued price movement witnessed by Cardano, despite the incoming approval, has not deterred investors’ bullish sentiment in any way.
This precedent offers insight into the potential of DeepSnitch, which appears even more promising after witnessing a massive influx of $174K investor funds during the early stages of the presale, currently priced at $0.01634. It’s really an intriguing prospect that ticks every box for the best crypto to buy now.
2. Solana
Solana’s August price movement was unprecedented, having been supercharged by the ecosystem milestone on its real-world assets.
The month of August began with a private action movement of up to $217.84 and a market volume that increased to $7.81 billion.
However, a slight pullback was witnessed towards the tail ends of the month, and a fresh support was consolidated slightly above $198 support zone.
Experts’ opinion indicates that a rebound or stability along this $200 support zone is a sign of bullish sentiments and a potential for the coin to hit $250 by the end of the year. On the flip side, a drop below the $198 range points to a bearish sentiment.
3. Cardano
Cardano’s price performance presents a conflicting picture, as it cooled off after its monumental $1.01 price movement in August.
Despite the significant ecosystem expansion and real-life utility, Cardano flashes a major volatile signal after initially flashing a bullish signal and ends up retracing back to the $0.80 support level on the 7-day price chart.
Cardano’s price action in the 30-day chart looks promising, with bullish momentum resurfacing to push toward $1.20–$1.70 due to the game-changing integration of the USD1 stablecoin into the ecosystem, as reported by Charles Hoskinson.
Conclusion
DeepSnitch has all the moonshot potential to take you outside the rat race of risky capital allocation.
At this early presale stage, the AI-powered snitch has already endeared itself to the world with trendy social media buzz propelled by its distinctive utility, which puts an end to shady backdoor movement.
The convergence of all these prospects, together with the upward price movement that has proven elusive to Cardano and Solana, has made DeepSnitch the best crypto to buy now for wise investors.
And the sweet part of this is that you can be part of the early believers at a presale price of $0.01634 when you visit the DeepSnitch presale site.
FAQ
Which coin is best to buy now at a low price?
At just $0.01634, DeepSnitch fuels a use case that could soon become a favorite among most retail traders, helping them stand up to whales and institutional investors.
Is Cardano a good buy?
Recent forecast indicates a paltry upward price movement of about 1.33% in September. Hence, many would consider investing in DeepSnitch AI, which has the breathing space for significant price movement of up to 100x, once it hits exchanges.
Is Solana a good long-term investment?
Solana has long been considered a popular choice for long-term investment, but its history of network issues and price volatility raises concerns. DeepSnitch, with its consistent upward price movement, has proven to steal the match from Solana and looks more likely to give you a sizable yield on your long-term investment.
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