As crypto prices pick up on Monday and Bitcoin (BTC) pushes back to the north of $70,000, investors are hunting feverishly for the best crypto to buy today to secure quick gains.For investors taking their first steps into the market, Bitcoin is certainly a candidate for best crypto to buy today.
BTC is likely to soon retake its all-time highs thanks to optimism surrounding central bank easing. Sell pressure from GBTC may also be easing, meaning spot Bitcoin ETFs could become a tailwind once again.
With the halving just around the corner, Bitcoin remains odds on to test $100,000 at some point this year.
That means possible 40% gains from current levels.
But many crypto investors have already built up sizeable exposure to major blue-chip cryptos like Bitcoin.
They may instead be looking to up their risk and gain exposure to assets with 5-10x potential.
Here are some altcoins with strong bullish momentum that could be the best crypto to buy today.
Best Crypto to Buy Today
Arweave (AR)
Decentralized storage network (DSN) Arweave’s native token AR has pumped a considerable 20% on Monday, as per CoinMarketCap.
Last at $43, AR is eyeing a near-term retest of its all-time highs around $48. A retest of all-time highs above $90 is also on the cards for 2024.
Its modest market cap of still under $3 billion suggests plenty of upside room for the crypto. The prospect of 3-4x gains makes AR one of the best crypto to buy today.
Internet Computer (ICP)
Up nearly 20% in 24 hours, Internet Computer (ICP) is one of the best-performing cryptos on Monday.
Last at $17, ICP is attempting to break convincingly out of its multi-week $10-16 range.
But ICP is still down over 96% down from its record peaks from 2021 around $350.
Its modest market cap of currently under $8 billion suggests there is plenty of room for growth.
ICP may not hit its 2021 highs soon, but 10x gains are certainly on the cards. That means it could easily be the best crypto to buy today.
Dogwifhat (WIF)
Dogwifhat (WIF) is leading the meme coin market on Monday, up 18% in the past 24 hours as per CoinMarketCap.
Last at $2.80, WIF is eyeing a retest of its all-time highs above $3.50. WIF’s market cap was last $2.8 billion.
With Dogecoin’s market cap last around $24 billion, WIF could have a lot higher yet to run.
The prospect of 10x gains from here ranks WIF as potentially the best crypto to buy today.
Crypto Alternatives to Consider
All of the above coins offer potential investors a great chance to make 10x gains.
But, for those looking for a better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in crypto presales.
This is where investors buy the tokens of upstart crypto projects to help fund their development.
These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.
Many of these projects have fantastic teams behind them and a great vision to deliver a one-of-a-kind crypto application/platform.
The team at Cryptonews.com spends a lot of time combing through presale projects to help out investors.
Here is a list of what the team deems as the best crypto presales of 2024.
See the 13 Cryptocurrencies
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