Despite volatility sparked by this week’s Fed funding rates meeting, Bitcoin is expected to undergo a strong price surge in the next 100 days.
Bitcoin network economist Timothy Peterson says that a low VIX, specifically below 18, indicates a “risk-on” environment and allows Bitcoin to rally.
He argues that Bitcoin follows a “beta-adjusted” trajectory of the tech-heavy NASDAQ stock market index. He says that if it continues to follow this pattern, it’ll propel Bitcoin to $100,000 in 2-3 weeks and $150,000 within 100 days.
Bitcoin has shown strength this month with a 13% gain. With its price at $94,600, it retains a bullish outlook despite macro-induced volatility. A strong Bitcoin outlook indicates that altcoins could also see substantial growth in the months ahead.
With that in mind, what is the best crypto to buy now?
Stacks
Stacks is the world’s first Bitcoin layer 2 blockchain. It’s faster and cheaper than Bitcoin, but the real benefit is that it unlocks smart contract capabilities for Bitcoin.
The network enables developers to build DeFi projects, such as lending protocols and liquidity provision apps, which allow users to earn native BTC yield.
Typically, periods in which Bitcoin is bullish provide a tailwind for its ecosystem prices to also rise. However, their lower valuations mean that their prices can rise much faster.
Considering that Stacks could potentially unlock trillions of dollars in Bitcoin liquidity, the $STX token holds considerable potential in the coming months.
MIND of Pepe
Investors often shift to riskier asset classes in bullish periods to maximize gains, which often results in huge demand for meme coins.
But when it comes to meme coins, MIND of Pepe is one project showing real potential right now.
It’s because it’s not just an ordinary meme coin; it’s one with its own AI agent.
The MIND of Pepe agent can scan the market to identify trends and trading opportunities, and it will share these with $MIND holders. It can also identify gaps in the market and fill these with its own tokens. Again, $MIND holders will get insider access.
MIND of Pepe is undergoing a presale and has raised $8.7 million so far.
While benefitting from the viral allure of a meme coin, $MIND holders also get real value through its agentic utilities. It’s the best of both worlds, and that signals potential for big gains.
Deepbook Protocol
Deepbook Protocol is the leading decentralized exchange (DEX) for the trending layer 1 blockchain Sui.
However, the project doesn’t just try to mimic Ethereum’s Uniswap or Solana’s Raydium. Deepbook Protocol is unique because it focuses on providing deep liquidity and composability with other Sui apps.
It describes itself as the “backbone” of the network. It says it does the “heavy lifting” in terms of liquidity infrastructure, allowing the broader Sui ecosystem to focus on other important tasks.
Deepbook Protocol is integral to the Sui ecosystem, and Sui has been on a tear with a 51% gain this month. If Sui keeps pace, we could see Deepbook Protocol continue to rally, only at a faster rate due to its lower market capitalization.
Fartcoin
When it comes to cryptos that are performing well, Fartcoin has shown incredible strength in recent months. After bottoming at $0.21 on 11 March, it has exploded to $1.11 less than two months later.
There’s no grand explanation behind this. No ecosystem upgrades, no major partnerships. It simply comes down to Fartcoin’s simplistic nature and investors’ appetite for risk as market conditions improve.
Fartcoin trades at a 423% premium from its March lows, approximately the same as the Bitcoin has gained from its bear market low – which was over two years ago.
And this phenomenon shows no signs of slowing down. Despite the market-wide volatility this week, in which most cryptos are slightly in the red, Fartcoin is up 1%. It’s also up by a whopping 4% in the past 24 hours.
This indicates that Fartcoin could continue to lead the crypto gainers as Bitcoin reaches new highs.
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.