Best Crypto to Buy Now: Top 5 Tokens Surging This Week

Why These 5 Tokens Are the Best Crypto to Buy Now?

A number of crypto tokens experienced significant price gains this week, fueled by trading campaigns, technical recoveries, and ecosystem developments. Tokens such as KNC, ALPACA, WEMIX, XRP, and XLM attracted attention thanks to intriguing project news and investor demand. Let's see what triggered these price rallies and why the tokens are on the up.

Kyber Network Crystal v2

Kyber Network Crystal v2 (KNC) surged almost 69% within a span of 24 hours, primarily attributed to a new trading campaign and good technical indicators. The primary cause behind this rally is a campaign that was initiated on July 8, 2024, on the Arbitrum network. It provides 450,000 ARB tokens worth approximately $315,000 as rewards for those who are trading on KyberSwap's Arbitrum platform. 

From this, 315,000 ARB is allocated to normal traders, whereby users receive points depending on the amount they trade, particularly in ARB pairs. 

Kyber Network is an interface that enables users and applications to trade crypto conveniently by efficiently identifying the users with the best rates across multiple exchanges. It handles more than 13 blockchains and enhances DeFi to be more sleek, super quick, and without a middleman.

Benefits 

• Enables users to exchange tokens in a fast manner using the best exchange rates. 

• Accepts several chains to expand trading opportunities. 

• Assists developers to create DeFi applications using pre-crafted programs.

Alpaca Finance

Alpaca Finance (ALPACA) surged 56.75% in a span of 24 hours, primarily due to a rapid technical rebound and steep price fluctuations due to low liquidity even though there's no significant news or development behind it. 

The token was oversold, with its RSI standing at 47.25, which caused it to rebound short-term. Since there is very little ALPACA that can be traded, even minor buying can drive the price upwards quickly. In fact, nearly 81% of its circulating supply is in the wallets of only 10 wallets, and it is therefore very simple for the price to shoot up. 

It is a lending protocol on BNB Chain as well as supported by leveraged yield farming, providing a profit increase to its users. It brought together the borrowers and lenders to enhance liquidity. 

Benefits 

• Provides greater returns to farming by means of leveraging.

• Safe where lenders would earn a fixed interest.

• Developed by and to the DeFi community.

WEMIX

WEMIX jumped 21% in the past 24 hours. The primary cause of the boom is the impending release of a Web3 MMORPG game on the WEMIX PLAY platform in August 2025. Pre-registration for the game was opened on July 2 and has already generated excitement. The game will utilize a new system referred to as "RPG Tokenomics 3.0," where two tokens, CROM and PLAY, are linked to rewards within the game. With more than 170 countries represented among the players who are eligible and a referral raffle having WEMIX-related rewards, the demand for the WEMIX token has grown.

The primary coin in an expanding crypto games environment is WEMIX. Then, after a massive update sometimes referred to as Brioche, its supply was limited and capped. The production of tokens reduces with time hence keeping the price stable and the ecosystem stable. 

Benefits 

• Long-term value is kept afloat with fixed supply.

• Paid as a means of payment and network gas fee.

• It promotes expanding Web2 Web3 games.

XRP 

XRP token surged 7.2 percent compared to the previous 24-hour period due in particular to a significant short squeeze and rising interest by large investors. Around 31 million dollars short positioning was cleared out when the price rose to over $2.80. Ripple also hit the news with an announcement about the application of a U.S. national banking charter dated July 2, which may provide it access to the Federal Reserve directly. To top it all, Ripple selected BNY Mellon to serve as the principal custodian of its RLUSD stablecoin reserves, an action that enhanced investor confidence. 

The XRP Ledger is a low-cost and powerful payment, DeFi, and future NFT network. Its apps are quite easy to create with commonly used code languages and are more suitable when money transfers over a wide range over the world and also when creating tokens.

Benefits 

• Excellent to transfer money internationally at a speedy rate.

• The programmers are able to develop tailor-made crypto solutions.

• Has DeFi, tokenization, and stableCoins.

Stellar (XLM)

XLM, the Stellar Network’s token, is making waves in the crypto market. It has surged by almost 27%, while The main cause behind XLM’s price surge is the protocol 23 upgrade. The upgrade is set for the validator vote on August 14. The total value of these tokenized treasuries has now passed $445 million, showing that big financial institutions trust Stellar for real-world finance.

The Stellar network was designed to transfer money around the world fast and at low costs. It assists individuals in transferring money overseas and acts as a market that operates a currency of its own, XLM, to reduce transactional costs as well as to increase the transaction speed of many currency systems. 

Benefits

• Transfer money all over the world cheaply.

• In-built trading and exchanging capability.

• XLM helps to provide a secure network.

Conclusion 

All of these tokens experienced robust gains for different reasons, from gaming and DeFi enhancements to institutional investment and short squeezes. Though the market remains choppy, recent developments suggest increasing use cases and investor trust. These patterns might continue to influence the next steps in the larger crypto market.

Disclaimer: This article is for educational purposes only, kindly do your own research before investing in the crypto market.