Best Cryptocurrencies to Buy Today, December 2 – Uniswap, Litecoin, Cardano

Highlights:

• With analyst predicting a 745% price surge, Uniswap has a strong growth potential.
• Litecoin reinforces bullish sentiment as its trading volume rises, accompanied by positive signals from technicals.
• In the past month, Cardano’s price has increased by 200%, and ecosystem development dynamics are expected to continue. 

The crypto market entered December with a mixed sentiment despite the overall market cap hitting new records at $3.36 trillion. The trading volume indicates an increased market activity, surging by 38% to $219 billion. Amidst the mixed sentiment, let’s take a look at the best cryptocurrencies to buy today, including Uniswap (UNI), Litecoin (LTC), and Cardano (ADA).

Best Cryptocurrencies to Buy Today

1. Uniswap (UNI)

Uniswap has recently gained traction, climbing above the $12 mark following the bullish run in the market. As of press time, UNI is trading at $12.78, down by 1.88% on the daily chart. Despite the pullback, UNI has surged by 12% and 70% on the weekly and monthly charts, respectively. The market cap is $7.69 billion, while the trading volume has surged to $579 million. 

Clifton Fx’s recent analysis suggests that Uniswap could be gearing up for a big price surge. The analyst has noted that a strong breakout from a descending wedge pattern presents bullish momentum.

#UNI is getting ready for massive bullish rally📈#UNIUSDT #UNI #Crypto pic.twitter.com/iLN86qdMTP

— Clifton Fx (@clifton_ideas) December 2, 2024

In addition, the bullish momentum could see UNI surge by 745%, pushing the price to $75, making it one of the best cryptocurrencies to buy. Furthermore, UNI recently launched the largest bug bounty in history, rewarding up to $15.5 million to people who can detect critical vulnerabilities on its V4 core contracts. 

2. Litecoin (LTC)

Litecoin has shown a remarkable journey, surging above the $120 mark after consolidating around the $100 region over the past week. Currently, LTC is trading at $116, up 15% in the past 24 hours. Litecoin’s market cap and trading volume have surged to $9.06 billion and $3.19 billion, respectively. 

Crypto analyst Tony Severino sees a parabolic rally ahead for Litecoin. He noted that the potential surge is similar to how XRP performed recently. LTC has also pointed out that it has surpassed its monthly upper Bollinger Band. That indicates a likely bullish reversal for the cryptocurrency. Severino’s chart also indicated a forming wick on LTC’s monthly chart, which meant upward momentum. 

#Litecoin is about to pull an $XRP and is now above the monthly upper Bollinger Band https://t.co/0QioSwU6Ax pic.twitter.com/4DLA2wP7O4

— Tony "The Bull" Severino, CMT (@tonythebullBTC) December 1, 2024

Litecoin price correction seems to be over, and the coin is ready for a rally. LTC has much to offer given the appeal for the best cryptocurrency to buy today. The coin’s strong technical indicators indicate that it is due to significant market growth. 

3. Cardano (ADA)

Cardano has surged to double figures over the past week despite a pullback at the $1.15 region. ADA has gained 3% over the past week and 200% on the monthly chart to trade above $1 for the first time in 2 years. Cardano’s market cap and trading volume are $38 billion and $3.74 billion, respectively. 

In a month, Cardano has risen by 213% to become one of the top-performing digital assets. During this growth, its market cap nears USDC. Lark Davis, a popular crypto commentator, suggests that Cardano has more potential yet. Based on strong macroeconomic factors and a growing ecosystem, he predicted that the token could grow 800%.

BREAKING: Lark Davis says "#Cardano's getting the attention and the hype, we could see $10.00 $ADA." pic.twitter.com/oOpCx0DuI6

— Angry Crypto Show (@angrycryptoshow) November 29, 2024

Davis stressed that it was not too late for Cardano to invest, pointing out how the hype around its use cases and favourable market conditions shows its potential.