Crypto prices have dropped today, with the industry’s total market capitalization falling by 2%. To make matters worse, Bitcoin has fallen to $110,000 – its lowest level since early July.
A sense of fear and uncertainty is returning to the market – CoinMarketCap’s Fear and Greed Index has decreased by 21 points over the past month, shifting from greed to borderline fear.
Nevertheless, the higher time frame price chart remains structurally bullish, global liquidity is rising, interest rate cuts are likely coming, new positive regulatory developments are emerging, and corporate crypto adoption isn’t slowing down. All of this signals the current fear is overblown and that the recent dip could be a great opportunity to buy at discounted prices – rather than a reason to panic.
So with that said, let’s explore the four best cryptocurrencies to buy now, focusing on projects with a combination of high-growth potential and relevance to pressing industry trends and narratives.
TOKEN6900
TOKEN6900 is a new meme coin inspired by SPX6900. The project is currently in its presale and has already raised over $2.6 million, showing strong investor support despite the market dip.
However, the presale will end in just two days, and then $T6900 will list on the open market with a valuation of only $6 million, leaving massive room for growth compared to its predecessor, SPX6900, which is valued at $1.1 billion today.
TOKEN6900 aligns with the same narrative as SPX6900 – anti-S&P 500, anti-TradFi, pro-69 energy. It’s highly memeable, has viral potential, and its presale momentum indicates a genuine community forming around it.
Since SPX6900 has cooled off in recent weeks, many investors are now seeking new opportunities to generate profits. TOKEN6900’s similar branding, while also offering a fresh take and a much lower presale price, could make it an attractive alternative.
And with the exchange listing just days away, TOKEN6900 is on the verge of a major hype and publicity event that could trigger explosive price gains. Visit TOKEN6900.
Hyperliquid
Hyperliquid is a decentralized perpetual futures trading platform and layer 1 blockchain. The project has established itself as a market leader thanks to its sleek user interface, low-latency trading, and competitive fee structure.
It’s the top decentralized futures platform by volume, and it continues to attract high-net-worth industry users who value sovereignty and privacy – perks which are not available on centralized platforms.
One of its wealthy users appears to be an $11 billion Bitcoin whale who recently closed a $450 million Ethereum long on the platform, according to LookOnChain.
The fact that such deep-pocketed players are willing to trade hundreds of millions of dollars on Hyperliquid affirms the project’s frontrunning position in the DeFi world – and that indicates that $HYPE could be a viable long-term opportunity.
It’s also worth noting that $HYPE is one of the few major altcoins in the green over the past 24 hours, with the network’s increased whale activity helping drive its bullish sentiment.
Bitcoin Hyper
Bitcoin Hyper is developing a Bitcoin layer 2 blockchain with low fees, high speeds, and support for smart contracts. The project uses ZK-rollups and Solana Virtual Machine tooling to ensure fast and secure transactions, combining Solana’s speed with Bitcoin’s security.
It’s another effort to build secure on-chain systems that revolutionize how users transact, enabling use cases like DeFi, payments, and meme coins that settle on the Bitcoin L1.
The project also features a trustless canonical bridge that allows Bitcoin holders to securely transfer their assets to the network.
Currently in presale, investors have a chance to buy Bitcoin Hyper at an early discounted price. So far, the presale has raised over $12 million, showing immense market appeal that indicates potential for big gains once it hits exchanges.
And compared to Hyperliquid, valued at over $15 billion today, or many other infrastructure altcoins, Bitcoin Hyper’s early stage leaves massive room for growth. Visit Bitcoin Hyper.
Lido DAO
Lido DAO is the top DeFi application by total value locked (TVL), with an impressive $38 billion secured on its platform.
The project is a liquid staking pool on the Ethereum network, enabling $ETH holders to delegate their coins to validators to earn passive rewards without having to operate costly and complex hardware. It also means holders don’t require 32 ETH, which is the minimum requirement to run an Ethereum validator.
As the largest Ethereum staking pool project, Lido DAO has benefited from Ethereum’s recent bullish momentum, pumping over 40% from its August lows.
And in the past 24 hours, Ethereum treasury firm BitMine has added another $2.2 billion to its Ether holdings, showing that smart money players are unfazed by the widespread market volatility.As noted in a recent Coinbase report, Lido DAO is emerging as a strong Ethereum beta play, indicating that it could continue to perform well in the coming months as Ethereum’s corporate demand propels its price.
This article is not intended as financial advice. Educational purposes only.