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.
Decentralized storage network (DSN) Arweave’s native token AR has pumped a stunning 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.
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.
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