Altcoins
Best Crypto to Buy Today March 1 – Axelar, SingularityNET, Pepe
Last Updated: March 1, 2024, 6:00 PM EST | 2 minutes of reading
As Bitcoin (BTC) consolidates just below recent highs of $60,000 and other major coins like Ether (ETH) and Solana (SOL) take a breather from their rally, traders are scouring the Bitcoin markets. altcoin looking for the best crypto to buy today. could generate quick wins.
Strong demand for ETFs ahead of the next halving has helped propel Bitcoin up 20% over the past seven days.
But the rally speed Some traders fear that a short-term correction may be too late.
Consequently, while Bitcoin remains a must-have asset, it may not be the best crypto to buy today.
Less known altcoins with strong bullish momentum could have a better chance of generating quick gains for investors.
Let’s take a look at some candidates for the best crypto to buy today.
Best Crypto to Buy Today
Axelar (AXL) rides the interoperability hype
Web3 Interoperability Platform Axelar (AXL) soared by 30% on the news of its Binance listing.
But traders may still be able to buy the dip.
Last seen just above $2.0, AXL is down 25% from the previous session’s highs in the $2.70 area.
Considering its modest market cap of only around $1.2 billion, Axelar might be the best crypto to buy today.
SingularityNET (AGIX) and AI use cases
AI token SingularityNET (AGIX) is pumping strong after a short-term bullish breakout.
After breaking a short-term downtrend, AGIX rose 30% in 24 hours, according to CoinMarketCap.
AGIX last changed hands at just under $0.90 and with a market cap of just under $1.2 billion.
Its modest valuation and exciting AI use case suggest it could easily grow 5x in the coming year.
This is why AGIX ranks among the best cryptos to buy today.
Pepe (PEPE) Best coin?
Pepe (PEPE) bulls take back control Friday, with crypto pumping out an impressive 25%.
PEPE last changed hands around $0.0000037, with its market cap back above $1.5 billion.
Pepe bulls are eyeing a retest of all-time highs at $0.0000045 and a breakout to higher levels.
Traders will recall that in 2021, Dogecoin and Shiba Inu reached market capitalizations in the tens of billions of dollars.
And this bull market could be even more explosive for meme coins.
Pepe could easily still reach 10x from current levels.
This is why it ranks among the best cryptos to buy today.
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:
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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