Best Crypto To Buy Now Amid Market Slump: $XNY, $AIO, $WEMIX

Low-market-cap coins Codatta (XNY), WEMIX (WEMIX), and OlaXBT (AIO) have emerged as the best cryptos to buy today, posting major gains over the last 24 hours. These moves have positioned them among the best cryptos buy now for traders seeking opportunities amid market volatility. Their growth comes amid the wider cryptocurrency market dipping 3.2% today, which aligns with the risk-off sentiment across the board due to the trifecta of macro headwinds like the US dollar gaining strength, significant outflows from Bitcoin ETFs, and a wave of token unlocks that added sell pressure to the altcoin market.

The key bearish impact stemmed from the dollar’s rally, which squeezed risk assets, including cryptocurrencies. The DXY has surged to its highest level since July 2024, driven by the Federal Reserve’s hawkishness in cutting interest rates until next year. A stronger dollar correlates with reduced appetite for speculative assets, as investors pivot to safer yields, such as treasury bonds, cash, and cash equivalents.

Spot Bitcoin exchange-traded funds (ETFs) recorded $89 million in net outflows on August 11, marking the third consecutive day of withdrawals for the products, which reached $240 million. Grayscale’s GBTC accounts for 72% of that total. This means that institutional demand for BTC is cooling, with total ETF holdings dropping to 814,000 BTC, its lowest level since May. Reduced buying support leaves markets vulnerable to sell-offs.

Another bearish outlook was the $653 million worth of altcoin unlocks this week, which added sell pressure. DOGE, ARB, and SUI were the hardest hit, with Dogecoin’s 95.49 million token release coinciding with whales moving 1 billion DOGE to exchanges. Unlocks increase the circulating supply during low liquidity periods, exacerbating downside, especially for assets that are faced with increased open interest (OI) in the derivatives market.

Today’s dip reflects natural consolidation for the crypto market following an 8.27% monthly rally, amplified by macro uncertainty, ETF outflows, and token unlocks. Bitcoin’s dominance ticked up to 59.72% in the last 24 hours, while the Altcoin Season Index is down to 32%, signifying a BTC season. While derivatives activity favors Bitcoin, a surge in spot Ethereum ETFs has lifted ETH, which could be a boost for alts.

Best Crypto To Buy Today (08/12)

1. Codatta (XNY): Best-Performing Cheap Crypto to Buy Now

XNY, the native token of Cordatta, an open, decentralized, multi-chain protocol unifying blockchain-based data infrastructure with a network of human and AI contributors, has seen its price surge 109.14% over the last 24 hours, massively outperforming the broader crypto market and extending its weekly gains to 236.49%. The token’s rally was driven by market-defying momentum, a surge in low-cap liquidity, and capital rotation into smaller altcoins.

XNY’s daily trading volume surged to $60.9 million, almost doubling its $37.7 million market cap. This indicates intense speculative activity and coincides with a 109% price spike, WEMIX’s momentum mirrors trends outlined in our Best Crypto to Buy Now as ETH Surges report, where Ethereum-led sentiment lifted select altcoins. Low liquidity in micro-cap tokens like Cordatta amplifies volatility, as even modest buy or sell pressure can drastically shift prices. The asset’s volume-to-market cap turnover ratio of 1.62 implies high liquidity for its market size, reducing slippage while attracting short-term traders.

Its rally defied a 2.12% dip in the total crypto market cap, which currently stands at $3.97 trillion, and a stagnant Altcoin Season Index (32) highlights that XNY is decoupling from the broader trend.. This means investors may be targeting low-cap coins for asymmetric returns amid Bitcoin’s 59.72% dominance and muted altcoin sentiment. However, such isolation levels could increase vulnerability if market sentiment for Cordatta sours.

XNY has broken out of a consolidation range, and its 24-hour Relative Strength Index (RSI) technical indicator guide shows it is in overbought territory following the parabolic move. While the breakout confirms bullish momentum, such extreme short-term gains often precede sharp price corrections. Since the token was only launched recently, it lacks historical resistance levels, further complicating price-target estimates. Sustained trading volume above $50 million could prolong the ongoing rally, but a drop below $20 million may trigger profit-taking. XNY must hold above $0.014 amid the rising sell pressure, as a close below $0.012 could signal exhaustion.

At the time of writing, Cordatta (XNY) is trading at $0.01542, up 125.63% in the last 24 hours. According to our technical analysis based on its current market performance, in 2025, we expect XNY to change hands in a trading channel between $0.006432 (Low) and $0.009361 (High), with an average annualized price of $0.007149.

2. WEMIX (WEMIX)

WEMIX, a decentralized protocol powering EVM-compatible Web3 platforms, has seen the price of its native WEMIX token surge 8.5% over the last 24 hours, extending its 30-day rally by 56.59%. Overall, XNY, WEMIX, and AIO are emerging as the best cryptos buy now despite broader market weakness, supported by strong liquidity and active trading. Its rally was driven by relative strength amid a market-wide slump, renewed speculative interest, and bullish technical breakout.

WEMIX decoupled from the broader trend of the altcoin market dipping while Bitcoin dominance rose, signalling isolated bullishness. This is linked to catalysts specific to the WEMIX ecosystem, such as the recent upgrade to its mainnet or gaming-platform adoption. However, the lower Altcoin Season Index implies broader weakness for alts that could eventually affect WEMIX’s price.

Its turnover ratio rose to 1.18, nearing yearly highs, as traders rotated capital into WEMIX despite its “Greed” index of 60. Higher turnover improves liquidity, reducing slippage for larger trades, and could attract short-term traders. However, elevated leverage, reflected by an 8.49% surge in WEMIX’s 24-hour OI, raises liquidation risks if volatility spikes.

WEMIX broke past its $0.80 resistance level with a 47.14% spike in its 24-hour trading volume, which stands at $4.63 million, confirming buyer conviction. The token has gained 141.72% in the last 90 days, showing sustained upward pressure. Breakouts on high volume often attract momentum traders, creating self-enforced buying. However, WEMIX’s 1-hour RSI at 68 is closing in on overbought conditions, which has raised concerns of short-term pullback risks if profit-taking accelerates. A sustained close above $0.85 could target $1, while a drop below $0.80 might trigger stop-loss orders for WEMIX.

At the time of writing, WEMIX (WEMIX) is trading at $0.8580, up 8.34% in the last 24 hours. According to our technical analysis based on its current market performance, in 2025, we expect WEMIX to change hands in a trading channel between $0.8599 (Low) and $5.15 (High), with an average annualized price of $2.43.

3. OlaXBT (AIO)

The price of AIO, the native token of the BNB-based AI market intelligence platform OlaXBT, rose 18.29% in the past 24 hours, outpacing the broader crypto market and extending its weekly gains by 45.71%. Key drivers behind its rally are a surge in trading activity, technical breakouts, and growing momentum for low-cap altcoins.

OlaXBT’s 24-hour trading volume surged 503% to $54.1 million, with a turnover ratio of 3.57, which indicates unusually high liquidity compared to its total market cap of $17.9 million. In the case of low-cap tokens, such spikes often precede sustained rallies as heightened attention and order-book depth reduce slippage, as it attracts short-term traders. The surge in volume coincided with AIO decoupling from the broader market decline, suggesting coin-specific catalysts like exchange listings and strategic partnerships, but without any fundamentals.

AIO broke above its current support of $0.075, which acted as a resistance last month to cap prices twice. Its RSI has hit deep overbought conditions at 78, but market momentum remains strong. Such breakouts often trigger algorithmic and momentum trades, but an overheating market raises the risk of near-term pullbacks. Traders will be watching the $0.075 level closely for sustained support to take profits.

At the time of writing, OlaXBT (AIO) is trading at $0.7721, up 18.26% in the last 24 hours. According to our technical analysis based on its current market performance, we expect AIO to rise 23.84% and reach $0.08181 by the end of 2025.

How Will $XNY, $WEMIX, and $AIO Fare in 2025?

Today’s best-performing cryptocurrencies – Cordatta (XNY), WEMIX, and OlaXBT (AIO) – are low-market-cap assets that have decoupled from the broader market trend that saw Bitcoin and altcoins experience declines. While the overall market was impacted by catalysts such as a strengthening dollar, Bitcoin ETF outflows, and sell pressure from altcoin unlocks, traders were busy seeking profit-taking opportunities by rotating capital into micro-cap alts.

Readers should note that these coins are closing in on or have crossed into overbought conditions, signalling that a price reversal may be on the horizon as traders rake in profits. However, infrastructure-related growth could catalyze future price increases, but currently, they lack foundational support due to their low valuations. For additional market insights, see Michael van de Poppe’s Altseason Forecast and Best Altcoins to Buy Today After Market Dip.

The contents of this article are solely for educational purposes and should not be construed as investment advice. Readers should do their due diligence and seek expert advice before making any investment decision related to cryptocurrencies, as they are highly volatile and speculative assets.