Crypto bulls are maintaining control of the US trading session on Wednesday, prompting investors to consider which cryptocurrencies are the best to buy now.
Bitcoin (BTC) hit its highest level since late July earlier today, trading in the mid-$68,000s with a gain of around 1.5%, according to CoinMarketCap.
Source: TradingView / BTCUSD
Markets are rallying as pro-crypto candidate Donald Trump becomes the leading contender in the upcoming November US election.
This, combined with the Fed’s new interest rate easing cycle and potential delayed post-BTC halving tailwinds, positions Bitcoin to challenge record highs soon.
For new investors, Bitcoin remains a strong candidate as one of the best cryptos to buy now due to its robust near-term upside potential.
However, seasoned investors may look towards higher-beta altcoins for greater returns. Below are top-performing cryptocurrencies that could be among the best to buy right now.
Best Crypto to Buy Now – Which Are They?
Dogecoin (DOGE)
Dogecoin (DOGE), the first and largest meme coin, is leading the market with a near 10% gain, according to CoinMarketCap.
DOGE has surged back into the $0.12 range, eyeing a retest of late September highs and its 200-day moving average around $0.13.
Source: TradingView / DOGEUSD
Dogecoin is showing strong breakout potential, with trading volumes surpassing $2.1 billion, the highest since August 5, according to Yahoo Finance.
Coinglass data shows that Dogecoin’s open interest surged to nearly $800 million, the highest since June.
With funding rates above 0.010%, this surge indicates a disproportionately long market position.
Dogecoin could be on the verge of roaring back to year highs in the $0.20 range. Its potential for near-term 2x gains makes it a strong contender as one of the best cryptos to buy now.
For those looking for even higher returns in the 10x-50x region, meme coin presales provide an opportunity for early exposure to high-potential projects at favorable valuations.
Cryptonews.com’s list of the best meme coin presales is a great place for readers to start.
Litecoin (LTC)
Litecoin (LTC), often referred to as the “silver to Bitcoin’s gold,” has seen a 6% rise in the past 24 hours, reaching around $70, according to CoinMarketCap.
Source: TradingView / LTCUSD
LTC’s chart setup is looking strong. It recently broke above a downtrend from the March highs and found support on the retest.
The coin has also held above its 50-day moving average, suggesting bulls are in control. A potential near-term pump back to yearly highs makes Litecoin one of the best cryptos to buy now.
Bitcoin SV (BSV)
Bitcoin Satoshi Vision (BSV), a Bitcoin fork claiming to uphold Satoshi’s original vision, performed strongly on Tuesday.
Currently priced at $51, BSV is approaching the upper bounds of its long-term $32-56 range.
Source: TradingView / LTCUSD
This setup could trigger a 2.5x rally back to yearly highs around $120, positioning BSV as a strong option among the best cryptos to consider buying now.
Crypto Presales: Unlocking Early Investment Opportunities
For those looking to capitalize on early investment opportunities, crypto presales can be an attractive option.
These presales give investors the chance to acquire tokens before they officially launch, often at reduced prices, potentially setting the stage for substantial gains as the projects grow.
By getting involved at this early phase, investors can secure a foothold in promising projects that could see significant development and adoption over time.
Timing and careful selection are crucial, as picking the right presale can yield impressive returns down the line. Here are some of the top crypto presales currently available.
Top 15 Crypto Presales to Watch Now
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