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Joel Frank
Author
Joel Frank
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Why Trust Cryptonews
As Bitcoin (BTC) rips higher and threatens a retest of the record highs it printed back in March, which is nearly $74,000, investors are hunting feverishly for the best crypto to buy now if a new bull market surge is coming.
Bitcoin reached as high as the mid-$73,000s on Tuesday, coming within a whisker of hitting fresh record highs.
It has since dropped back to around $72,000, but the bulls are unlikely to despair as the stars are aligning for a fresh push higher toward $100,000.
Is BTC the Best Crypto to Buy Now?
As the US presidential election looms, the odds are strongly in pro-crypto ex-President Donald Trump’s favor, with markets also pricing a strong probability of a Republican sweep in Congress.
A Republican-controlled Congress would likely pass digital asset legislation, giving much-needed certainty to the industry.
All this comes against a positive macro backdrop where the Fed is cutting interest rates to shore up growth, and the US economy is looking resilient. It could improve yet further under a future Trump administration.
Signals from Bitcoin’s cycle and chart analysis further add to the bullish picture. It’s now been six months since the BTC halving back in April—this is when the BTC price has historically surged to fresh record highs.
Meanwhile, Bitcoin has broken out of a flag consolidation pattern in play since March, and its 14-day Relative Strength Index (RSI) just hit “overbought”, both acting as buy signals.
A break above all-time highs could open the door to a swift move higher, with $100,000 possible by the year’s end.
The prospect of 40% gains from current levels makes BTC a strong candidate for the best crypto to buy now.
That said, seasoned crypto investors will be looking for bigger upside potential and will be evaluating their options in the altcoin market.
Here are some strong performers on Tuesday that might be the best crypto to buy now.
Are These Altcoins the Best Crypto to Buy Now?
Sui (SUI)
One of the standout performers over the last two months has been Sui (SUI), with the innovative smart-contract-enabled layer-1 blockchain rallying a stunning more than 4x from its August lows.
Last just above $2.0, SUI is up 17.5% in the past 24 hours, according to CoinMarketCap, and could soon retest its recent highs in the $2.30s.
SUI’s recent growth has been driven by surging on-chain activity. Per DeFi Llama, its trade value locked was last around $1 billion, but as this expands, Sui could experience yet more impressive growth.
If it becomes a leading layer-1 blockchain, which is looking very likely, SUI’s fully diluted market cap could easily 5x from its current levels of around $20 billion to around $100 billion.
That suggests it’s a strong shout for the best crypto to buy now.
Goatseus Maximus (GOAT)
Goatseus Maximus (GOAT), the meme coin at the heart of one of the most riveting AI stories of the year, is another strong performer on Tuesday.
GOAT was last up 14% in 24 hours to $0.665 per CoinMarketCap, which gives it a market cap of around $665 million.
The meme coin was “manifested into existence” by an AI influencer on X called @terminal_of_truth earlier this year. The AI basically wouldn’t stop talking about Goatseus Maximus until someone eventually created the meme coin for them.
Its unique story suggests GOAT could go on to become a household name in the meme coin world.
That makes it a strong candidate for best crypto to buy now and best meme coin.
Popcat (POPCAT)
Elsewhere, cat-themed Solana meme coin Popcat (POPCAT) is also in with a shout for the best crypto to buy now, up 15% in 24 hours to $1.74.
That’s a near 600% rally from its August lows, but Popcat could have more to go with its market cap, which is only currently around $1.7 billion.
Both of the above-noted meme coins have 10x potential. However, some highly risk-tolerant investors will be looking for much larger gains potentially in the 50-100x region.
The only way to bank gains this big is to get into a relatively unknown crypto before it goes mainstream.
Crypto presales are a great way to do this. They offer investors a chance to invest in a high-potential project at its earliest stage.
Analysts at cryptonews.com are always on the hunt for the next big crypto to explode. Here are some of their favorite presales that might be the best crypto to buy right now.
17 Best Crypto Presales to Invest In Now
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
