Best Crypto to Buy Today February 14 – DYM, SEI, STX

Last Updated: February 14, 2024, 3:15 PM EST | 2 minutes of reading

As Bitcoin (BTC) hits a two-year high, driven by strong inflows into spot Bitcoin ETFs, investors are now turning to the altcoin market in search of the best crypto to buy today today and offering faster returns.

Wednesday, Bitcoin surpassed the $52,000 mark for the first time in over two years, only to settle slightly lower, around $51,000, shortly after.

This increase was triggered by the announcement of BlackRock Spot Bitcoin ETF Launchedwhich impressively accumulated over 10,000 BTC tokens on its first day.

Cryptocurrency analyst Ryan Watkins described one-time net inflows into Bitcoin ETFs as “parabolic” in a recent tweet.

Meanwhile, major altcoins such as Ether (ETH), Solana (SOL), and Cardano (ADA) also posted impressive performances, each rising 5-7% over the past 24 hours.

Yet it is the smaller, albeit less established, names in the altcoin sector that are attracting attention with their bumper gains.

Here’s a look at some of the best cryptocurrencies to buy today.

Best Crypto to Buy Now

Dymension (DYM)

Layer 1 Blockchain Focused on Newly Launched “RollApp” Dymension benefits from favorable winds on Thursday.

Last historical high in the $8.30 range, DYM is up 16% in 24 hours and more than 80% since its launch.

Dymension launched last week in one of the most exciting airdrops of 2024, with users across multiple blockchains receiving tokens.

Its fully diluted market capitalization stood at approximately $8.3 billion, leaving plenty of upside potential if the project were to pass in the coming years.

This means that DYM could be the best crypto to buy this Wednesday.

Sei (SEI)

Finance-focused blockchain Sei ($SEI) pumped 16% on Wednesday, according to CoinMarketCap.

Indeed, the SEI has just reached new records around $0.88, a rebound of more than 50% compared to the annual lows.

With a still relatively small market capitalization of $2.1 billion and great potential for this new technologically advanced blockchain, Sei still offers a good possibility of 10x or more gains.

So this could be one of the best cryptos to buy on Wednesday.

Batteries (STX)

Smart contract-enabled Bitcoin layer 2 network stacks (STX) hit new two-year highs above $2.48 on Wednesday.

According to CoinMarketCapit rose 13% in 24 hours, with the market capitalization now just over $3.5 billion.

As a leading network looking to bring smart contract capability to Bitcoin, Stacks has huge potential to go much higher.

It could even eventually become a viable competitor based on Bitcoin, similar to Ethereum.

This suggests that a $3 billion market is very modest and Stacks offers good prospects for 10x gains.

Crypto Alternatives to Consider

All of the coins above offer potential investors a chance of making 10x gains.

While the future is always uncertain when it comes to crypto, these names could be among the best crypto to buy today.

But, for those looking for a better probability of short-term gains, an alternative high-risk, high-return investment strategy to consider is get involved in crypto presales.

Pre-sales provide investors with a routine to get involved in a project at its earliest stages, and thus potentially realize returns of up to 100x.

If investors can identify projects with solid foundations, the risk/reward ratio of their investment is very good.

Cryptonews analysts spend a lot of time reviewing new pre-sale projects.

Here are 14 of the best presales of 2024, according to the Cryptonews team:

See the 14 cryptocurrencies

Warning: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose your entire capital.

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