Crypto is in a unique spot right now. The traditional finance world is in tatters due to trade war escalations between the United States and China – but crypto prices are holding strong. Bitcoin, Ethereum, and the wider altcoin market are all steady this weekend.
As crypto begins to outpace TradFi, analysts are tipping altcoins to undergo a strong run in the months ahead. CryptoGoos notes that the total crypto market cap is trading on a key trendline support level and anticipates an explosive rally to follow.
With that in mind, let’s explore the best cryptocurrencies to buy ahead of Altcoin season.
BTC Bull Token
BTC Bull Token is a new meme coin and the first cryptocurrency to pay its holders real Bitcoin rewards. The project is currently undergoing a presale and has raised $4.4 million so far.
It plans to run $BTC and $BTCBULL airdrops at key milestones on Bitcoin’s journey to $1 million, starting when it hits $100K.
Not only does this allow community members to benefit from Bitcoin’s growth, but it also incentivizes long-term holding. Put differently, it minimizes selling pressure and allows new demand to better impact the $BTCBULL price.
There are also staking and burning mechanisms which further enhance the project’s supply and demand dynamics.
And at the face of all of this is a viral bull mascott who sports Bitcoin attire and waves an American flag. It’s the perfect combination of light hearted memetics and serious innovation. For $BTCULL presale investors, this might just result in big gains.
Cosmos
As altcoin prices rally, Cosmos could prove one of the smartest bets. That’s because it’s a “layer 0” blockchain that provides the building blockchains and infrastructure for developers to launch interconnected layer 1s.
Its goal is to bolster blockchain interoperability and negate fragmentation, an issue that causes complex user experiences, inefficient use of liquidity, and inconveniences for developers.
The Cosmos ecosystem is home to countless well-known projects including Celestia, Akash Network, Osmosis, Injective Protocol, Band Protocol, and many more.
As the prices of these cryptos rise, it could have a positive impact on Cosmos and allow its price to rise as well. $ATOM is essentially a diversified bet over a widespread ecosystem.
Cosmos has also proved one of the best-performing cryptos this week with a 8.3% pump. This is particularly impressive considering it comes as a time when traditional financial markets are tumbling.
Raydium
Raydium is the leading decentralized exchange on Solana, one of the top blockchains. Traditionally, Raydium was a place where users could buy and sell new and well-established cryptocurrencies, but it has started to evolve.
After meme coin launchpad Pump.fun announced it will soon launch its own DEX, thereby squashing its former relationship with Raydium, the Raydium team has clapped back by creating its own meme coin launchpad called LaunchLab.
The new launchpad will build on Pump.fun’s offerings with features such as distributing swap fees to token issuers, multi-token support, and linear, exponential, and logarithmic bonding curves.
And according to the team, this is just the first step in a new push for Raydium. It says there is a “broader suite of tools” in the pipeline.
Raydium is transforming from a traditional decentralized exchange to a comprehensive Solana-based ecosystem. It’s a setup that could draw huge gains, especially as altcoin prices rise.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.