Best Crypto to Buy Now 5 July – Aave, Uniswap, Chiliz
Crypto markets are seeing a modest pullback ahead of the release of the minutes from the US Federal Reserves' most recent policy meeting last month.
Bitcoin (BTC) was last changing hands under $30,500, down around 2% in the last 24 hours as per CoinGecko.
Ether (ETH) was last trading just above $1,900, down around 2.5% over the same time period.
The upcoming Fed minutes release is the first of a bombardment of important macro events over the coming three days that could trigger crypto market volatility if Fed tightening expectations are impacted.
Thursday sees the release of US ISM Service PMI survey results and the May JOLTs job opening report, while Friday sees the release of the official June US labor market report.
For crypto investors keen to diversify their holdings away from blue-chip names like bitcoin and ether, here are some of the best coins to consider buying on Friday.
Aave (AAVE), the governance and utility token of the decentralized multi-chain lending/borrowing Decentralized Finance (DeFi) protocol Aave, could be on the verge of a new bull market.
That’s because, a few days ago, AAVE/USD broke above a long-term downtrend from the 2021 record highs, as well as above its 200DMA.
AAVE could soon pump to challenge resistance in the $95 and $115 areas, which would market upside of around 35% and 60% from current levels near $73.
Wall Street Memes, one of the internet’s hottest retail investing communities, rose to prominence in the meme stock craze of 2021 and has recently been expanding its relevance in the cryptocurrency space with the presale of its new $WSM token.
The success of the $WSM presale, which has raised more than $12.5 million in just over one month, isn’t surprising given the size of Wall Street Memes’
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