Altcoins
Best Crypto to Buy Today March 4 – Bonk, Pepe, Fantom
Last Updated: March 4, 2024, 10:20 AM EST | 3 minutes of reading
As Bitcoin (BTC) surpasses $66,000 on Monday and nears its 2021 record high around $69,000, investors looking for best crypto to buy today scour the altcoin markets for outperformers.
Despite a 50% gain already this year, Bitcoin certainly ranks among the best cryptos to buy today.
A wave of new buying pressure has entered the BTC market since the approval of spot Bitcoin ETFs.
With the Bitcoin halved on the corner of the street and Fed rate cut expected later this year, it seems that everything is favorable for BTC at the moment.
Not only does Bitcoin have a strong chance of surpassing its March highs, but an additional 50% rise to over $100,000 in 2024 seems highly possible.
These are huge potential gains, and any crypto investor would do well to have some BTC in their portfolio.
But many investors are looking for larger gains, in the 5x to 10x range.
In order to achieve these gains, they are looking for smaller, lesser-known projects with high potential. altcoins.
Here are some candidates for the best crypto to buy today.
Best Crypto to Buy Today
Bonk (BONK)
Meme coins are currently at the center of the crypto rally and Bonk (BONK) is booming.
Solana’s top coin is up almost 50% in the last 24 hours, according to CoinMarketCap.
But with a market cap of just under $2.5 billion, it could still be the best crypto to buy today.
This is because even the most famous pieces like Dogecoin And Shiba Inu have market capitalizations 6 to 8 times higher.
If BONK manages to catch them, it will mean huge gains for investors who jump in now.
Pepe (PEPE)
Pepe Coin (PEPE) is hot on the heels of Bonk, up just over 45% in the last 24 hours, according to CoinMarketCap.
Its market capitalization stood at just over $3 billion, showing that it still has plenty of room to grow as the current bull market matures.
The prospect of 5-6x gains in the coming weeks and months makes PEPE one of the best cryptocurrencies to buy today.
Ghost (FTM)
Previously considered a major competitor to Ethereum and a darling among crypto investors, Fantom (FTM) is attempting a comeback.
FTM is up about 30% in the last 24 hours, according to CoinMarketCap.
Last at $0.66, FTM is down more than 10% from the previous session’s highs.
But the cryptocurrency remains up nearly 300% from its October 2023 lows.
And given its market capitalization still below $2 billion, Fantom has considerable upside potential.
Investors could easily look at 10x gains with FTM, making it one of the best cryptocurrencies to buy today.
Crypto Alternatives to Consider
All of the coins above offer potential investors an excellent chance of making 10x gains.
But, for those looking for a better probability of short-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in crypto presales.
This is where investors buy tokens from new crypto projects to help fund their development.
These tokens are almost always sold cheaply, and there is a long history of presales offering huge exponential gains to early investors.
Many of these projects have fantastic teams and a great vision behind them to deliver a revolutionary crypto application/platform.
If an investor can identify such projects, the risk/reward ratio of their pre-sale investment is very good.
The Cryptonews team spends a lot of time going through pre-sale projects to help investors.
Here is a list of 14 of what the project considers to be the best crypto presales of 2023.
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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