Best Crypto to Buy Now October 17 – Popcat, Celestia, cat in a dogs world
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
Major cryptocurrencies are consolidating close to weekly highs as markets digest Trump’s rising US presidential election victory chances and stronger-than-expected US retail sales data. Investors are exploring what might be the best crypto to buy now for quick gains.
Trump's odds are up 2.5% after Kamala Harris' Fox News interview.
He now has a 24% lead. pic.twitter.com/7YFOFzwrfu
Bitcoin (BTC) was last consolidating close to $67,000, close to its highest levels since late July.
Ethereum (ETH), meanwhile, remained near $2,600 while Solana (SOL) slipped back towards $150.
The modest pullback could be a great opportunity for investors who expect further gains in the second half of October.
October is typically the best month of the year for Bitcoin, and despite a bumpy start, it has started to live up to this track record this week.
Tailwinds like a probably Trump election victory, ongoing Fed interest rate cuts, a resilient US economy, stimulus in other major economies (i.e., China), and strong Q4 seasonality could soon see major cryptos retesting recent highs.
However, smaller, lesser-known altcoins with a higher beta might substantially outperform the market in this environment.
Here are some strong performers on Thursday that might be the best crypto to buy now.
The Leading Solana meme coin, Popcat (POPCAT), is leading the market with a 9% gain in 24 hours, per CoinMarketCap.
The meme coin was last in the $1.30s and remains in a strong short-term uptrend.
Its market cap of $1.3 billion suggests that it has plenty of room to catch
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