Bitcoin experienced another clean breakout on Monday, reaching $123,000, another indication that the crypto bull market is back in full swing. It might just be a matter of time until “Wen Lambo” trends on X again.
And its strength is sending ripple effects through the altcoin market. Projects are following Bitcoin’s lead and making significant gains. MemeCore leads the way with a 286% surge, while Pudgy Penguins and Stellar follow with over 80% returns.
But as is always the case, there have been outperformers and underperformers. It’s the job of crypto traders to identify those projects with the most potential and get in before they pump. Luckily, numerous promising projects are still available at low prices.
So, what are the best cryptocurrencies to buy during this bull run? Here are our top 5 picks.
Bitcoin Hyper
Everyone is watching Bitcoin right now – and that lays the way for related projects to generate substantial returns. We’ve seen several such projects outperform the market this week, but Bitcoin Hyper might just be the most promising.
It holds a unique juncture of narrative alignment and early-stage status, currently undergoing a presale. That’s a recipe for growth. So, what’s the project all about?
Bitcoin Hyper is a Bitcoin layer 2 blockchain tackling the network’s core issues of slow speeds, high fees, and limited functionality.
The project will take Bitcoin’s transactional capabilities to new heights while also introducing smart contract support, unlocking new possibilities for Bitcoin as a secure settlement layer.
It’s also built using the Solana Virtual Machine, making it interoperable with Solana.
This promising use case is only made more exciting by the project’s early stage. The presale has raised $2.7 million so far, which shows strong investor support.
Its total raise is surging higher, bringing in over $100,000 daily. This could make $HYPER one of the best cryptos to buy now. Visit Bitcoin Hyper.
ORDI
ORDI is another Bitcoin ecosystem project showing real potential. Ordinals is a protocol layer on top of the Bitcoin network that enables users to inscribe data directly into Bitcoin blocks. The project unlocks NFTs, tokens, and meme coins for the Bitcoin L1.
It doesn’t have the same smart contract functionality as Bitcoin Hyper, but that doesn’t take away from the fact that it’s building something powerful in the Bitcoin ecosystem.
And it has started to awaken as Bitcoin grows. Its price has rallied 26% this week, delivering approximately 2x more gains than $BTC itself.
It has also seen a 58% volume surge in the past 24 hours, rising to $91 million. This is another indicator of growing investor interest.
That said, ORDI remains 90% below its March 2024 all-time high (ATH) price. So should Bitcoin and the broader market continue rising, we could see ORDI deliver substantial gains in the months ahead.
TOKEN6900
Despite the robustness of Bitcoin and the sometimes game-changing features of utility coins, meme coins often deliver the most substantial gains in bullish market periods.
SPX6900 is a clear example of this. It has rallied approximately 11,000% this year, outpacing everything from Bitcoin to the S&P 500 by orders of magnitude.
If you missed SPX6900’s pump, it might be worth watching TOKEN6900. It’s a spinoff with a lower market capitalization, staking rewards, and one extra token in its total supply, which makes it “objectively superior.”
The project echoes the same anti-establishment, pro-69 rhetoric as SPX6900. Forget traditional investment advice. Throw ‘The Intelligent Investor’ in the trash. Attention drives prices now, not intrinsic value.
That’s why meme coins like SPX6900 beat the S&P 500. That’s also why Jake Paul makes more than doctors and lawyers.
It’s a compelling narrative that resonates with disenfranchised youth grappling with challenging economic situations. It’s more than a meme coin; it’s a culture coin.
The project’s presale has raised $480,000 in its opening two weeks.
Presale momentum is starting to build fast, signaling the price could soon explode. Visit TOKEN6900.
Arbitrum
One of the driving narratives in recent weeks has been the rising institutional interest in Ethereum. The project generated its largest-ever week of ETF inflows last week, clocking $907 million. It also flipped Bitcoin in terms of futures trading volume, another signal of institutional activity.
However, investing in ecosystem plays could yield bigger gains, similar to with Bitcoin.
And just like with Bitcoin, it may be a layer 2 project best positioned to ride Ethereum’s bullish momentum: Arbitrum.
Robinhood recently selected Arbitrum as the network on which it will build its tokenized stocks app. The integration plans to offer over 200 U.S. stocks to European investors.
Meanwhile, the value of real-world assets (RWAs) on Arbitrum just hit an ATH of $300 million, a 30x increase in one year. This underlines the project’s exploding adoption and reinforces its bullish outlook.
Snorter
As mentioned, meme coins tend to outperform the market in bullish periods. This is due to increased investor confidence, leading to more risk-taking and therefore more demand for meme coins. This creates a flywheel effect where demand propels prices, stoking FOMO and creating more demand.
Snorter is a new Solana-based meme coin trading bot aiming to help users find meme coin gems with the most upside potential. It offers features like automated token sniping and copy trading so that users can identify promising launches without spending hours glued to their screens.
It also includes rug pull detection, dynamic stop losses, and MEV-resistance to help protect users from common risks.
Tying all of this together is a private RPC infrastructure that bypasses the usual congestion of decentralized exchanges, allowing Snorter users to execute trades faster than anyone else.
The project is undergoing a presale and has raised $1.8 million so far.
As investors’ appetite for meme coins grows, demand for $SNORT will too. That could send its price soaring. Visit Snorter.
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.
