The post Essential Cryptos to Buy for Best Profits in August appeared first on Coinpedia Fintech News
The crypto market is currently calm, with investors on the edge of their seats awaiting the next bull run. Altcoins remain at a favourable entry point, showing signs of a steady rise. This creates a unique opportunity for those looking to maximize their returns. The market conditions hint that certain cryptocurrencies are gaining traction and are poised for a significant breakout.
This article will delve into which coins are primed for growth and offer the best potential profits in August. For those keen to stay ahead of the game, it’s essential to recognize these promising cryptos before they skyrocket. Stay tuned to uncover the top picks set to explode this month.
CYBRO Presale With Over $1.4 Million Raised Presents Enticing Investment Chance
The exclusive presale of CYBRO tokens is making waves with its successful breach of the $1.4 million mark. CYBRO is an advanced AI-based platform that offers many opportunities for getting higher earnings within the Blast blockchain and beyond.
The current presale presents an enticing investment chance as $CYBRO tokens are sold out 50% cheaper than their future listing price. Bought now at a few pennies, these tokens may deliver high returns in the future, as some experts predict ROI of up to 1200%.
Reportedly, a crypto whale is planning to get a hefty share in this rare, technologically advanced project, which indicates strong confidence and interest.
Holders of CYBRO tokens will enjoy:
lucrative staking rewards
exclusive airdrops
cashback on purchases
reduced trading and lending fees
insurance program
With only 21% of the total tokens available for this presale and approximately 68 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.
Toncoin (TON) on the Verge of a Breakout Despite Recent Dips
Toncoin (TON) is currently trading in the $6.90 to $7.55 range, with the bulls seemingly regaining strength. Despite a recent slide of about 9% over the past week, Toncoin has shown a remarkable 227% increase over the last six months.
With a key resistance level at $7.93 and current support at $6.62, TON is poised for significant gains if it breaches $7.93. Surpassing this level could see it touching $8.58, offering a potential rise of around 20% from its current price. The coin’s strong performance over six months and its upward potential make it a promising candidate for the next altcoin season.
Worldcoin (WLD) Shows Signs of Strength Amid Market Uncertainty
Worldcoin (WLD) has been fluctuating between $1.8669 and $3.2721 recently. Despite a -20.65% change over the last month, the coin is holding firm above the important $1.1601 support level. The Relative Strength Index (RSI) at 43.7990 indicates it’s not oversold, suggesting the potential for an upward swing.
If the bulls gain control, WLD could rise to the nearest resistance level at $3.9703, an increase of about 20% to 25%. In the long term, breaching the second resistance at $5.3754 could see it soaring by nearly 70% from current levels. The positive six-month performance and historical patterns hint at possible growth ahead.
Arbitrum (ARB) Shows Promise Amid Market Fluctuations
Despite recent market volatility, Arbitrum (ARB) is showing signs of strength. Sitting between $0.75 and $0.83, ARB is holding strong above its 100-day average of $0.78. With the nearest resistance at $0.86, a breach could push it to $0.95, a potential climb of around 14%.
Indicators like an RSI of 63.84 and a Stochastic of 84.02 suggest bullish momentum. Over the past week, ARB has risen nearly 5%, hinting at a possible uptrend. With patterns echoing the 2021 altcoin surge, ARB could be poised for significant growth.
Wormhole (W) Shows Signs of Resilience with 551% Growth Over Six Months
Wormhole (W) is demonstrating strong resilience despite the market downturn. Trading between $0.31 and $0.38, it’s showing promise for a bullish breakout. The nearest resistance is at $0.40, followed by $0.46, suggesting potential price jumps of around 5% and 20%, respectively. With support levels at $0.27 and $0.20, bears have been relatively weak.
Over the past week, W’s price went up by 2.13%, though it dipped by 4.65% in the past month. Impressively, a 551% growth over the last six months highlights its underlying strength. The 10-day and 100-day moving averages point to stability, while RSI and Stochastic indicators hover around neutral, hinting at upward potential.
Conclusion
While TON, WLD, ARB, and W have less potential in the short term, the main focus should be on CYBRO. This advanced DeFi platform offers investors a remarkable chance to enhance their earnings. Its AI-powered yield aggregation on the Blast blockchain is cutting-edge. Features include lucrative staking rewards, exclusive airdrops, and cashback on purchases.
CYBRO ensures an unmatched user experience with smooth deposits and withdrawals. It emphasizes transparency, compliance, and quality. This makes it a standout project with strong interest from crypto whales and influencers.
Site: https://cybro.io
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io