Best Crypto to Buy Today March 7 – Jupiter, THORChain, EOS

cryptonews.com:

As macro tailwinds following dovish commentary from Fed Chair Jerome Powell help lift major cryptos back towards recent highs, investors hunting for the best crypto to buy today would do better by taking a look at smaller altcoins, many of which are enjoying outsized pumps.

Powell hinted that the Fed is close to cutting interest rates, boosting bets that rate cuts begin in June.

This helped lift Bitcoin (BTC) back towards $68,000 and Ether (ETH) back towards $3,900.

While BTC and ETH nurse modest gains, major meme coins have been pulling back following big recent pumps.

BONK was last down 12.5% in 24 hours, PEPE was down 10% and SHIB was down 9%.

But other sections of the altcoin space of picking up.

Let’s have a look at some altcoins with strong bullish momentum that could be the best crypto to buy today.

As Solana meme coins succumb to profit-taking, the native token of Solana’s largest decentralized exchange (DEX) Jupiter (JUP) is pumping.

JUP was last up more than 34% in 24 hours, as per CoinMarketCap.

The latest pump has pushed its market cap back to the north of $1 billion. That makes it a crypto unicorn once again.

Jupiter’s full diluted market cap is currently around $7.7 billion.

But Jupiter stands a good chance of catching up to Uniswap this bull market as the Solana ecosystem grows exponentially.

Uniswap has a fully diluted market cap of around $15 billion, almost double Jupiter’s.

For traders looking for a good value DEX coin to buy, Jupiter could be their best bet.

That’s why it ranks amongst the best crypto to buy today.

Another DEX token that is pumping on Thursday is cross-chain exchange THORChain (RUNE).

As per CoinMarketCap, THORChain has rallied 26% in the past 24 hours, ranking it as potentially amongst the best