After months of retreating prices, the crypto market has bounced back this week with explosive momentum. Fartcoin has gained 96%, and Onyxcoin has gone even further with a 156% gain.
Despite that, Bitcoin remains below $85K. So as it tiptoes toward its $109K all-time high (ATH), there will be tremendous opportunity for altcoin gains.
With that in mind, this article looks at the three best cryptos to buy now.
BTC Bull Token
BTC Bull Token is a project that combines the best of both worlds. On the one hand, it’s a Bitcoin-themed meme coin, meaning it benefits not only from the typical viral meme coin allure but also from appealing directly to the Bitcoin community. On the other hand, the project is backed by a clever token rewards system.
It is the first cryptocurrency to pay its holders real Bitcoin rewards. 15% of the $BTCBULL total supply will be redeemed into $BTC and distributed to community members at key Bitcoin price milestones. There will also be $BTCBULL airdrops, increasing users’ profit-making potential.
In addition, the project has a staking mechanism, allowing users to lock up their $BTCBULL for further passive rewards. Currently, staking offers an 89% APY, but this will decrease as the staking pool grows.
The project is currently undergoing a presale and has raised $4.6 million so far.
Considering its compelling use case and early stage, it appears that $BTCBULL is primed for big gains in the months ahead.
Flare
Flare is a layer 1 blockchain designed for DeFi and other data-intensive use cases. The project’s protocols are integrated into the blockchain core, which means that apps inherit the economic security of the entire network.
One of Flare’s main focuses is providing decentralized data feeds that securely deliver off-chain data on-chain. This has enabled verifiably secure bridged Bitcoin, Dogecoin, and XRP on Flare.
The difference between bridged assets on Flare and other blockchains is that Flare prioritizes security, providing users with extra peace of mind.
Flare also offers data feeds for the real world, which has led to multiple advancements in real-world asset technology.
It’s a project at the cutting edge of blockchain innovation, and its price reflects that. Flare has rallied by 52% this week and 14% today, making it one of the best-performing cryptocurrencies.
Raydium
One of the overarching trends this week is the resurgence of Solana. $SOL has outpaced other major cryptocurrencies such as XRP and Ethereum, and its ecosystem is on fire.
Yes, Fartcoin is up over 90% this week, but other meme coins such as Dogwifhat and Bonk have each gained over 30% as well. Yet one of the biggest beneficiaries in all of this is Raydium, a top Solana’s DEX.
What sets Raydium apart from other Solana DEXs is its recent pivot from a traditional decentralized exchange into an entire ecosystem.
After meme coin launchpad Pump.fun created its own DEX to compete with Raydium, Raydium clapped back by launching its own meme coin launchpad.
The team has also disclosed that this is merely an opening step in a broader initiative to develop the Raydium ecosystem, indicating more features will be released soon.
Raydium has been a top performer this week, gaining 37%. And since it’s a crucial piece of Solana infrastructure, its price will likely keep rising alongside the ecosystem’s success. Therefore, it could prove a top Solana beta play.
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.