Crypto prices have slightly dipped in the last 24 hours, marking a prime buying opportunity ahead of altcoin season.
Over the past week, we’ve recently seen dozens of cryptocurrencies rise by 50% or more, and it’s even becoming common to see smaller cryptos make 2x gains overnight.
Yet CoinMarketCap’s Altcoin Season Index measures at 33/100, meaning the real altcoin season has yet to begin.
This means that investors have a tremendous opportunity for gains in the coming months. But what are the best crypto to buy? Let’s explore 5 top picks.
Solaxy
Solaxy is building the world’s first Solana layer 2 blockchain. It aims to tackle Solana’s congestion issue, which leads to longer wait times and increased rates of transaction failures during periods of peak network activity.
At a time when Solana and its ecosystem are on fire, Solaxy is taking things to new heights. It’s a setup with serious potential.
Solaxy aims to achieve a throughput of 10,000 transactions per second (TPS). In comparison, Solana can compute 6,500 TPS.
This means that Solaxy will be cheaper, faster, and more reliable than the Solana layer 1 blockchain.
Solaxy is currently undergoing a presale and has raised $34 million so far. This makes it the biggest Solana presale in history, illustrating just how much potential the project holds.
With a cutting-edge use case, current discounted presale price, and real market appeal, it appears that everything is in place for Solaxy to explode.
BTC Bull Token
BTC Bull Token is a Bitcoin-themed meme coin on the Ethereum network. But it’s not just a meme coin; it’s the first cryptocurrency to pay its holders real Bitcoin rewards.
It will track the Bitcoin price and run $BTC and $BTCBULL airdrops at key milestones.
The first will occur when Bitcoin reaches $100K, and then they’ll continue with every $50K price increase after that.
There will also be token burns at price milestones, starting at $125K and then with proceeding $50K price increases. This makes $BTCBULL deflationary and boosts its long-term potential.
The project is also undergoing a presale, where it has raised over $5.5 million so far.
With BTC Bull Token inherently tied Bitcoin’s performance, it’s easy to see why it could generate big gains as crypto prices rise.
Injective Protocol
Injective Protocol is a decentralised finance (DeFi)-focused layer 1 blockchain that uses AI integrations and advanced liquidity systems to provide a more seamless user experience.
The project is linked to both the Ethereum and Cosmos blockchains, providing a strong potential use base and access to robust liquidity infrastructure.
Something else that makes Injective Protocol unique is that it strongly emphasizes a seamless builder environment. It offers features such as plug-and-play modules, dynamic smart contracts, and near-instant transaction finality.
This laid the foundations for a vibrant ecosystem, consisting of applications such as Ethena Protocol, Hydro Protocol, Helix, and Mito.
Decentralised finance is one of crypto‘s most legitimate and credible use cases, with prominent institutional players increasingly showing interest. Injective Protocol is one of the leading projects in this area, so it could amass strong gains this year.
It’s also one of the best-performing top 100 cryptos this week with a 42% gain.
Pepe
Pepe is the second-largest meme coin on Ethereum after Shiba Inu. However, in recent years, Pepe has offered better beta exposure to the Ethereum price.
This means that the Pepe price mimics Ethereum’s, except with more volatile swings in either direction.
So with Ethereum currently showing strength after the Pectra upgrade, Pepe is on fire.
Pectra improved the user experience on Ethereum, made staking more attractive, and made $ETH deflationary.
This has created an environment of high demand and low supply for $ETH, causing its price to rocket 38% this week.
And with the upgrade now firmly in place, there’s every chance that Ethereum will continue to gain in the months ahead.
If that happens, we could well see Pepe keep soaring, too. It’s up 60% this week, well outpacing most Ethereum ecosystem plays. As such, it could prove the smartest way to captalize on the growth of $ETH.
Moo Deng
Moo Deng is a meme coin inspired by a hippo which was born in a zoo in Thailand in 2024 and then went viral. But it didn’t just go viral on TikTok and other social media apps; top media outlets also picked up on it.
Millions of people were paying attention, so the developers behind the Moo Deng meme coin took full advantage. They launched the meme coin at a time when Moo Deng was making headlines, so the $MOODENG price exploded.
Interestingly, Moo Deng is well ahead of other major meme coins this month, having rallied by 744%. And its momentum shows no sign of slowing down – its price is also up by 517% in the last week.
But why are investors buying at such a rapid rate? The reason is that they understand Moo Deng’s recognisability among the masses. As altcoin season prevails, and new investors enter the industry, many will look for projects they understand, such as Moo Deng.
Smart investors are buying now with expectations that Moo Deng could attract significant demand from crypto newcomers in the months ahead.
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.