Best Crypto to Buy Today February 19 – Worldcoin, The Graph, Arweave
With Bitcoin (BTC) holding above $52,000 on Monday in wake of data revealing record weekly inflows into crypto investment products, investors are scouring altcoins markets for the best crypto to buy today.
Crypto investment products saw inflows of just under $2.5 billion last week, as per a weekly blog post by CoinShares.
That’s the most ever and takes yearly inflows to $5.2 billion.
Bitcoin unsurprisingly accounts for the lion’s share of these inflows in wake of the January approval of spot Bitcoin ETFs.
But whilst inflows continue to support the Bitcoin price, making it potentially the best crypto to buy today, attention is turning to Ether (ETH), the second largest cryptocurrency by market capitalization.
While BTC is up around 7% in the last week, ETH is up close to 15% and above $2,900.
Various Ether-based spot ETFs are likely to gain approval this year, Bernstein argued on Monday.
That, combined with Ether’s deflationary tokenomics, staking yield dynamics and environmentally friendly design could make ETH the next “institutional darling”.
With Ether likely to push above $3,000 imminently, it could be another candidate for the best crypto to buy today.
While blue-chip cryptocurrencies can offer the prospect of strong near-term gains, altcoin bets could see even greater payoffs.
That’s because the smaller market cap tokens of lesser-known projects are much more volatile, owing to their low liquidity.
Here are some of the best alternative smaller-cap altcoins that could be the best crypto to buy today.
Having now reached 1 million global users and in wake of OpenAI’s launch of a new text-to-video generator Sora, Worldcoin (WLD) is pumping.
Up 35% in the past 24 hours, as per CoinMarketCap, WLD just hit new all-time highs close to
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