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Best Crypto to Buy Now 20 October – IMPT (IMPT), Aave (AAVE), Uniswap (UNI), XRP


The crypto market had a sideways day with the total market cap registering at the same level as the previous 24 hours and the largest coins in the market barely moving one way or the other.

However, some coins have shown a bit more life on October 20.

IMPT

The new eco-friendly crypto project passed a landmark $6 million in investment, just two weeks after phase 1 of its presale was launched.

The project, which will make carbon credits fully tradeable for individuals and businesses, is currently racing through its presale to much excitement in the space.

Tokens are on sale for $0.018, but by the final presale phase, they will cost $0.028 – a 55% increase.

IMPT is offering shoppers the chance to earn IMPT tokens, which can then be converted to carbon credits.

Carbon credits act as a way for companies to offset their carbon footprints, by funding global conservation projects.

Visit IMPT Presale

AAVE

The DeFi protocol is down 3% in 24hrs but may represent a good opportunity to buy the dip after a huge surge in the last seven days.

AAVE remains up nearly 18% on the seven-day chart, the fourth-best performer of the top 100 coins by market cap.

Although the coin did dip to $81.50, bullish sentiment saw the coin move back up to $83.50 before its latest dip.

Its Relative Strength Index (RSI) is showing at 62, which puts it in the ‘strong’ category and primed for another move up.

The next level of resistance is $85, according to the MACD.

Buy AAVE on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

Uniswap (UNI) 

Uniswap has become one of the top trending coins in crypto amid ongoing concerns from founder Hayden Adams and large numbers of the decentralized exchange’s user base.

Earlier this week, Binance distributed 13.2 million UNI tokens from its own books, instantly making it the second-largest entity in the Uniswap DAO behind only venture capital group a16z.

Adams became the voice of concern from the wider Uniswap community, asking Binance – and CEO Changpeng Zhao – what they intended to do with them.

The allocation accounts for 5.9% of the voting power, a substantial amount.

Earlier this month, Uniswap announced a $165 million investment round which saw the token rise 30% in just two weeks. 

Buy UNI on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

XRP

There has been little news on the Ripple vs SEC court case this month but that could be about to change.

The two sides are set for a court session today, although the exact ramifications of that are not yet known.

Hundreds of exhibits have been filed this week by both sides, according to CryptoLaw, but it is not known when or how much will be unsealed.

However, the market still reacted positively to the news, with XRP trading 1% above the previous 24hrs after three consecutive days in the red.

Good news from the court will likely see the price of XRP rise in the coming days.

Dash 2 Trade (D2T)

Dash 2 Trade is an Ethereum-based platform that will provide cryptocurrency traders with actionable market data, insights, and analysis in real time.

Kicking off yesterday, the Dash 2 Trade presale has quickly passed important milestones, crossing $300,000 within only a few hours. Now, it’s up to more than $400,000, and likely to pass a few more important targets in the coming hours.

2022 has been marked by presales. For example, Tamadoge (TAMA) raised $19 million in its presale before witnessing a 1,800% gain (relative to its presale price) at one point after it was listed on OKX.

While it’s difficult to predict the future, D2T looks to have a very bright future, given its strong fundamentals.

Visit Dash 2 Trade now
 





Read More: Best Crypto to Buy Now 20 October – IMPT (IMPT), Aave (AAVE), Uniswap (UNI), XRP

Disclaimer:The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. NewsOfBitcoin.com does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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