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    Top 5 Altcoins to Buy Now September 3 – THORChain, LayerZero, BNB, dogwifhat

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    Cryptocurrency investors are bracing for a crucial September, with several important US macroeconomic events on the horizon that could impact Best Altcoins to Buy NowThe upcoming interest rate decisions by the Federal Reserve are of particular importance as they are expected to impact market dynamics. Whether positive or negative, changes in economic data can significantly impact investor sentiment and risk appetite, and thus the attractiveness of assets such as Bitcoin.

    Last week’s market decline opened a window for wise investors to refresh their portfolios with potential tokens. This week’s market rebound also provides another opportunity for smart investors to capitalize on the current trend.

    Top 5 Altcoins You Can Buy Right Now

    LayerZero (ZRO) stands out as a major player in the crypto industry, primarily due to its focus on improving cross-chain communication. The Meme Games project also gained attention by timing its presale to coincide with the 2024 Paris Olympics and Paralympics.

    The presale will end on September 8, and the project plans to list on a decentralized exchange (DEX) by September 10. In other news, cryptocurrencies rose on Tuesday even as ETFs saw outflows as Wall Street waited with bated breath. Labor market data.

    1. RUNE Series

    THORChain has seen significant growth over the past week, especially weekly liquidity fees, which have increased significantly after a long period of consolidation. Last week, the network saw transactions exceeding $500,000, reaching $744.8K. This represents a 71% gain compared to the previous week, indicating a major breakout.

    This growth comes during the first full week since the protocol raised the minimum Layer 1 (L1) swap fee to 0.15%. Despite the high prices, network users continued to use the service, demonstrating the resilience and value they find in THORChain. Layer 1 swap activity remains strong, with average daily volume holding steady at $30.8 million, suggesting that the increased fees are not deterring users.

    For the first time in 2024, network fees have exceeded block rewards. Over the past week, liquidity fees accounted for 51% of the total rewards distributed. THORChain has also seen significant growth in the number of users. According to the data, the user base grew by 41% in 2024, reaching over 510,000 unique users. Similarly, the network’s trading volume has surpassed $71 billion. RUNE is trading at $4.17 at press time, reflecting a 7% increase on the day.

    2. Layer Zero (ZRO)

    LayerZero’s (ZRO) focus on improving cross-chain communication has made it a major player in the crypto industry. The network’s appeal lies in facilitating seamless interactions between different blockchain networks. This capability is especially important as the blockchain ecosystem becomes more congested. Its role in enabling the transfer of data and assets across different blockchains enhances its value in the decentralized finance (DeFi) sector.

    ZRO price chart

    ZRO is trading at $4.24, reflecting a 40% increase on the day. The 7-day chart also indicates a significant growth over the past week. As of August 29, the overall sentiment for LayerZero is bullish, supported by fourteen technical analysis indicators showing positive signals.

    Over the past 30 days, LayerZero has closed above its opening price 15 times (50% of the time). This week’s forecast suggests that ZRO will trade between $4.20 and $5.09. If it reaches the higher target, it could rise by 21.05% to $5.09 by September 2, 2024. If the rally continues, ZRO is forecasted to rise by 231.21% to $13.92 by September 28, 2024.

    3. Dog Hat (WIF)

    On Monday, the meme coin saw a notable recovery as the broader crypto market rallied over the Labor Day holiday. Dogecoin (WIF) bucked the trend, surging 13.21% to $1.58. Despite the rally, the price outlook remains bearish, with Dogecoin (WIF) still down 67% from its all-time high, indicating significant volatility.

    Dogwifhat is trading between $1.20 and $1.77. WIF’s recent 25% drop in a week has caught the attention of bullish investors, who are focusing on key resistance levels.

    WIF Pricing Chart

    The next important resistance level is at $2.14. A break above this level could push the price to $2.71, which represents a potential 55% increase from the current range. If WIF holds its support level at $1.01, it could pave the way for a strong uptrend, with bulls ready to challenge the bearish momentum.

    WIF’s 30-day volatility is 10%, well below the 30% threshold, indicating a period of relative stability. Additionally, the coin has high liquidity, as evidenced by its volume-to-market cap ratio of 0.8385. WIF shows strong trading activity with a market cap of $1.58 billion and a 24-hour trading volume of $1.33 billion.

    4. Meme Games (MGMES)

    Meme Games The project has gained significant attention by aligning its presale with the upcoming Paris 2024 Olympic and Paralympic Games. This strategic move and the playful approach of the presale have attracted significant interest within the blockchain community. The presale is set to end on September 8, with a planned listing on the DEX on September 10. The project has already raised over $407,000, indicating strong early interest.

    The current price of MGMES tokens is $0.0094, and the price is expected to rise again in four days. Investors can participate in the presale through the project’s website using an Ethereum or BNB Chain wallet.

    The Meme Games project is making a unique impression on the cryptocurrency market by combining the concept of a meme coin with the excitement of the 2024 Olympic Games. Despite the global event being over, the project is still attracting attention due to its Olympic-themed concept. The total supply of MGMES tokens is 2.024 billion, with 38% allocated to the presale, giving early investors a significant stake.

    One of the key features of The Meme Games is its focus on fairness and unpredictability. Every character in the game has an equal chance of winning, which adds an element of excitement and potential reward for participants. Investors can also get a 25% bonus on their MGMES tokens if their chosen meme athlete wins. Additionally, they can improve their chances by purchasing tokens multiple times and supporting different characters.

    The project also includes a staking option, which guarantees an annual return of 470%, although this rate may vary based on participation levels. Staking provides an opportunity to increase holdings before MGMES is listed on exchanges.

    total, Meme Games The project combines an innovative concept with strategic timing to capitalize on the upcoming Olympic excitement and the growing interest in meme coins within the crypto community.

    Visit The Meme Games Presale

    5. BNB

    The BNB Chain ecosystem saw significant expansion between August 20 and August 31, 2024, introducing several new projects across multiple sectors, including DeFi, AI, Decentralized Social Networks (DeSoc), and Web3 gaming.

    LIKWID is a decentralized finance (DeFi) platform that stands out among new platforms. It offers zero-loss pre-sales, transaction fee sharing features, and aims to work across multiple blockchains. Its goal is to seamlessly integrate into the broader DeFi landscape.

    BNB Price Chart

    Noracle is another major project focused on AI. It provides a protocol for prediction-based decentralized applications and games (Dapps), enhancing interactive and predictive functionality within a Web3 environment.

    Despite these promising additions, decentralized exchange (DEX) volumes on the BNB chain have seen a massive 29% drop over the past week. This drop is more pronounced than the declines recorded by DEXs on Ethereum (11.5%) and Solana (19%). However, the Binance Coin (BNB) price has shown signs of recovery, rising to $535.

    BNB remains one of the largest cryptocurrencies by market cap, excluding stablecoins. With a market cap of $77.98 billion, it is second only to Ethereum (ETH) at $302 billion and Bitcoin (BTC) at $1.164 billion. Moreover, Binance Coin is trading 2.82% above its 200-day simple moving average (SMA) of $519.23, indicating a positive trend for the token’s sale price.

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