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Best Crypto to Buy Now: 3 Cryptocurrencies Showing Breakout Potential

Best Crypto to Buy Now: 3 Cryptocurrencies Showing Breakout Potential
© Copyright Image: TronWeekly

Although the first week of April hinted at a market-wide rebound, Bitcoin (BTC) and most altcoins are experiencing a red trend again, with the broader crypto market cap back below the $2.7 trillion level.

Amidst the dip, investors are looking for promising tokens that could help them recover some of their losses, and these three cryptos look like they could deliver big gains in the near future.

MIND of Pepe (MIND)

MIND of Pepe is an upcoming token that currently boasts $7.8 million raised in its presale phase as it prepares to take its spot between the meme coin and AI agent markets.

The bullish sentiment surrounding MIND doesnt just stem from its early momentum, which could result in an explosive debut if maintained post-launch, but also its upcoming MIND AI agent.

With the release of the MIND AI agent, the projects developers intend to provide unique benefits to MIND holders, as theyll have access to the AI agents token-gated terminal. Using the terminal will provide investors with unique AI-powered market insights and analysis, giving them an edge over the general public.

The MIND AI agent will have autonomous control over its own social media pages and a crypto wallet, which it will use to gather an organic audience and deploy tokens, with those holding MIND enjoying early access to the newly-launched tokens.

Impressed by MINDs unique approach to the market, presale analyst Austin Hilton expects the token to launch with a bang once the presale wraps up. 

The analyst encourages his audience to enter the MIND of Pepe presale while the entry point is low, as the per-token price is currently just $0.0036817, which will only increase as the presale progresses.

IoTeX (IOTX)

IOTX is the native token of IoTeX, a groundbreaking platform that strives to connect blockchain technology, AI agents, and Internet of Things (IoT). Its approach to the Web3 focuses on Decentralized Physical Infrastructure Networks (DePIN), as it aims to create an ecosystem where humans and machines can interact.

While most of the market struggles to make gains, IOTX grew by 8.14% in the first week of April, following its developers meeting with members of the US Congress, which boosted the projects visibility.

As IoTeX grows in popularity, its native token is receiving increasing attention since it has a central role in IoTeXs ecosystem, as it is used for transaction fee payments and participation in network governance. 

Technical analyst World of Charts believes IOTX is positioning itself for a breakout, expecting the token to double in value by the end of April. 

https://twitter.com/WorldOfCharts1/status/1908610639607878116/photo/1

The most prominent bullish signal is IOTXs breakout from the descending channel pattern that had been containing its price since December, suggesting a potential trend reversal.

If the upward price pressure persists, IOTX could break past its 50-day Simple Moving Average (SMA) of $0.018964, which would position it for further gains throughout April.

Toncoin (TON)

Thanks to its seamless integration with Telegrams massive user base of over 700 million active monthly users, TON enjoys a unique spot in the market that helped it become the 13th largest cryptocurrency today.

Toncoin saw a massive downturn in December, which took its price from the late 2024 $6.8 level to $2.3 in early March, following the legal troubles surrounding Pavel Durov, Telegrams founder.

However, in what many call the victory of free speech, Pavel Durov regained his passport from French authorities in mid-March, triggering an immediate 22% price surge for TON. At approximately the same time, leading venture capital firms purchased over $400 million worth of Toncoin, bolstering its rally.

Although the positive developments surrounding TON helped it defy the bearish sentiment plaguing the market throughout the second half of March, it dipped to the $3.3 level in early April.

Despite the dip, crypto expert CryptoFayZ believes TON wont go below the $3.25 mark, expecting it to find strong support and bounce to $3.7 by the end of April. By summer, the expert believes TON will go beyond its 200-day SMA of $5.37, which could position it for further long-term gains, making this an excellent time to invest.

Read more: https://www.tronweekly.com/best-crypto-to-buy-now-3-cryptocurrencies-showing-breakout-potential/

Text source: TronWeekly

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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