Best Crypto to Buy Now as Prices Soar: Has Altcoin Season Arrived?
Bitcoin (BTC) and most altcoins are recovering after the broader crypto market dipped below the $2.5 trillion level for the first time since November 2024 in Aprils first week.
The leading cryptocurrency has reclaimed $84,000, while altcoins including Solana and Bitcoin Cash are soaring. Positive momentum is gradually returning to the market, aided by Teucriums XRP ETF launch this weekend.
Lets explore 3 of the best crypto to buy that could help you capitalize on this renewed growth.
Best Wallet Token (BEST)
Best Wallet Token (BEST) is the upcoming native token of the Best Wallet ecosystem, which features the fastest-growing Web3 non-custodial crypto wallet thats the first choice of over 250,000 monthly users. Its on of the top presales on the market, with over $11.5 million raised so far.
Best Wallet already boasts advanced features, such as Best DEX, which aggregates data from 50+ chains to provide the wallets users with optimal liquidity pools and low gas fees. Plus, the wallets roadmap reveals its developers intend to add a staking aggregator, a crypto debit card, and more.
BEST is set to enhance all of the wallets features, including the upcoming ones, as its holders will enjoy even lower transaction fees, higher staking APY, governance rights, and other benefits.
Holding BEST will also provide users with exclusive early access to vetted presales via the wallets Upcoming Tokens feature, giving them an edge over the general public.
Impressed by the existing components of the Best Wallet ecosystem, presale analyst Alessandro de Crypto believes BESTs utility can help it explode on launch, encouraging his audience to enter the presale while the per-token price is low.
The analyst also highlighted Best Token early backers can maximize their investment by participating in its airdrop campaign and taking advantage of the 133% staking APY it currently offers.
Avalanche (AVAX)
As a Layer 1 blockchain platform, Avalanche is well-known for its high scalability and rapid transactions. Designed to balance scalability and security, its one of the most popular chains among investors, so its no surprise its native token, AVAX, is in the top 15 cryptocurrencies by market cap.
AVAX has a central position in the Avalanche ecosystem, as it is used to facilitate transaction fees and secure the network through staking, and with the recent Octane update, which saw the transaction fees on Avalanche drop by 30%, the token is now experiencing increased adoption.
Besides the impressive blockchain upgrades, AVAX had its visibility boosted by the recent VanEck AVAX ETF filing through Nasdaq, which could result in an influx of institutional investment if approved.
Technical analyst Ether Wizz believes AVAX is ready to explode following the positive developments surrounding the token and the formation of a double-bottom pattern in its chart.
The analyst expects AVAX to double in value by soaring to the $32 level by the end of the month, making this an excellent opportunity to invest. Crossing above $20 would also place AVAX above its 50-day Simple Moving Average (SMA), often a bullish signal for additional short-term gains.
Mantra (OM)
Mantra is a decentralized finance (DeFi) platform designed to bridge traditional finance with blockchain technology, with its ecosystem focusing on the tokenization of real-world assets (RWA).
OM, its native token, is at the forefront of its ecosystem, as it gives its holders governance rights within the Mantra DAO, which allows them to decide on new protocol updates and developments.
Soaring by over 556% over the past year and outperforming most altcoins throughout the downturn seen in March and early April, OM appears ready for another breakout thanks to its developers plans to utilize the IBC Protocol to connect the Mantra chain with Ethereum.
Plus, Mantra launched an investment initiative, MEF, thats designed to attract the worlds best teams and incentivize them to work on RWA tokenization projects.
Backed by an impressive number of institutional partners, the initiative reflects Mantras position as one of the key players in integrating blockchain solutions into traditional financial systems.
With the tokens 50-day SMA of $6.78 well above its 200-day SMA of $4.14, which forms a Golden Cross, crypto expert Tonie Anselm is confident OM can capitalize on its recent momentum to break above the resistance it met at $7.09 in late March.
Read more: https://www.tronweekly.com/best-crypto-to-buy-now-as-prices-soar-has-altcoin-season-arrived/
Text source: TronWeekly
