As Bitcoin (BTC) pushes above $66,000 on Monday and nears its 2021 record peak around $69,000, investors hunting for the best crypto to buy today are scouring altcoins markets for outperformers.
Despite 50% gain already this year, Bitcoin definitely ranks amongst the best crypto to buy today.
A wave of new buy pressure has entered the BTC market since the approval of spot Bitcoin ETFs.
With the Bitcoin halving around the corner and Fed rate cuts expected later this year, it seems to be all tailwinds for BTC right now.
Not only is Bitcoin odds on to overtake its record highs in March, but a further 50% rally to above $100,000 in 2024 looks highly possible.
Those are great potential gains, and any crypto investor would do well to have BTC in their portfolio.
But many investors are hunting larger gains in the region of 5-10x.
In order to find these gains, they are hunting smaller, lesser-known but high-potential altcoins.
Here are some candidates for the best crypto to buy today.
Meme coins are front and center of the crypto rally right now and Bonk (BONK) is pumping.
Solana’s top meme coin is up nearly 50% in the past 24 hours, as per CoinMarketCap.
But at a market cap of last just under $2.5 billion, it could still be the best crypto to buy today.
That’s because better-known meme coins like Dogecoin and Shiba Inu have market caps 6-8x higher.
If BONK can catch them, that would mean huge gains for investors getting in now.
Pepe Coin (PEPE) is right on Bonk’s heels, up just over 45% in the past 24 hours as per CoinMarketCap.
Its market cap was last a little more than $3 billion, showing it still has plenty of room to run to the upside as the current bull market matures.
The prospect of 5-6x gains in the coming weeks and months makes PEPE
Read more on cryptonews.com