Looking for the best altcoins to buy amid the ongoing volatility of the Iran-US war? This article lists some of the best coins to buy for big profits when the war continues and a large number of tokens are traded.
Conclusion
- Hyperliquid is the best altcoin to buy because of its strong fundamentals.
- The Pi Network will be listed on Kraken this Friday.
- Chainlink is the largest oracle network in the crypto industry.
Hyperfluid
Hyperliquid (HYPE) has become one of the best beneficiaries of the ongoing war in Iran due to its oil futures product. This product allowed people to trade crude oil during the weekend, when most of the movements occur.
The data shows that the volume of Hyperliquid increased this month. According to DeFi Llama, the network has processed over $178 billion worth of perpetual futures contracts in the past 30 days. This amount is more than Aster, Lighter and TradeXYZ combined.
The upside to all of this is that Hyperliquid payouts continue to rise, which in turn has led to more tokens being burned and redeemed.
Technically, the price is HYPE for more upside. It has already moved over the top side of the dropped sample. It also broke above the 50-day and 100-day moving averages, signaling further gains.
Pi network
Pi Network (PI) is another great crypto to buy today. It has already jumped more than 80% from its lowest point this year and has multiple catalysts that could push it higher in the coming weeks.
Kraken has already confirmed that it will list on Friday. This list is important because it will be available for the first time in the United States. More exchanges may also decide to list it as it has become a top 50 coin.
The coin may continue to rise due to the upcoming Pi Day event on Saturday and ongoing network upgrades. Also, developers are working to launch a KYC-as-a-Service solution. It is also becoming a top player in artificial intelligence through its partnership with OpenMind.
Chainlink
Chainlink (LINK) is the best altcoin to buy for long-term profit because it has a significant market share in the oracle industry. It has a total value of more than 50 billion dollars, which is much higher than other oracles like RedStone and Pyth.
Chainlink is also a major player in the world’s fastest growing asset tokenization industry. It has major partnerships with companies like JPMorgan, Swift, ANZ Bank and DTCC.
Grayscale and Bitwise Chainlink ETFs also collected $93 million in revenue despite the crypto bear market.
There are other quality altcoins to buy that will do well once the bull market begins. Some of the other notable ones are Ethereum, Solana, XRP and Internet Computer.
