Best Crypto to Buy Right Now: Jupiter (JUP), Sei (SEI), Celestia (TIA), PlayDoge (PLAY), and Bonk (BONK)

This article explores tokens that hold promising potential for traders seeking investment opportunities. We analyze a range of digital assets demonstrating growth and profitability potential.

This article highlights promising cryptocurrencies for traders seeking investment opportunities. We analyze several digital assets that have shown potential for growth and profitability.

As six Ether ETF applications filed updated S-1 forms, their approval by the SEC appears imminent. This development could lead to increased institutional investment in Ethereum and the broader crypto market.

Moreover, this news comes during a week when the U.S. Consumer Price Index (CPI) report is expected to show weakness, which could benefit risk assets like cryptocurrencies, particularly altcoins. In light of this, traders are searching for the best crypto to buy right now.

Best Crypto to Buy Right Now

Recently, Jupiter launched the Active Staking Rewards (ASR) program, allowing users to claim additional rewards on their current stakes. Meanwhile, PlayDoge has garnered significant investor interest, collecting over $5.5 million in its presale. Additionally, Sei is gaining attention among market participants as a promising altcoin in the cryptocurrency realm, currently valued at $0.3047 with an intraday surge of 13.47%.

1. Jupiter (JUP)

At the time of writing, JUP is priced at $0.7763, surging by 13.02% in the last 24 hours. The market sentiment surrounding the token is bullish, with 16 green days observed in the past 30 days.

JUP trades significantly above its 200-day Simple Moving Average (SMA) of $0.003332, indicating a 23,184.35% increase from the 200-day SMA. This token acts as a governance token, giving community members the power to participate in decision-making processes on the Jupiter platform.

Recently, Jupiter introduced the Active Staking Rewards (ASR) program, allowing users to claim rewards added to their existing stakes. Reward tokens include JUP, ZEUS, UPT, SHARK, and WEN, with JUP being automatically staked to boost voting power.

The ASR program aims to reward active participants with JUP tokens, increase overall platform participation, and ensure simplicity in attracting new users. Additionally, Jupiter has launched a new memecoin dApp called Ape.

You can now claim your ASR rewards!https://t.co/LOCSp7xZgT

As a reminder, the JUP will be added to your stake. If you are currently unstaking, you have to cancel your stake or wait for it to be completed before claiming.

The rest of the tokens (ZEUS, UPT, SHARK, WEN) can be…

— Jupiter 🪐 (@JupiterExchange) July 6, 2024

This platform lets users mint and trade APE memecoins while farming JUP airdrops. Ape offers features like a secure vault, a rug-checker for coins, and support for various coins from Orca, Raydium, and Meteora.

Furthermore, the dApp optimizes trades by dynamically adjusting slippage and retrying transactions if needed. Ape provides real-time monitoring of new tokens and early purchase opportunities, which could lead to higher returns. Its built-in tools, such as the rug-checker, ensure secure transactions.

2. Sei (SEI)

Sei is attracting the attention of market participants as a promising altcoin in the cryptocurrency space. It offers faster transactions and improved scalability. Despite the recent market dip, historical patterns suggest such drops often precede significant altcoin rallies.

Furthermore, SEI trades between $0.22 and $0.32, showing resilience against broader market bearish trends. Over the past week and month, the coin has seen a significant drop. However, its 14-day Relative Strength Index (RSI) of 48.79 indicates a neutral position, suggesting it may trade sideways. Currently, Sei is valued at $0.3047, with an intraday surge of 13.47%.

The market sentiment for Sei is bullish, with investors and traders having a positive outlook on its future price movements. The token boasts high liquidity based on its market cap. Sei’s strong fundamentals make it an attractive option in the current market cycle, offering potential for investors.

This week has been phenomenal as Sei v2's momentum reaches new heights, hitting an all-time high in TVL and seeing numerous new deployments.

The Sei community continues to drive impressive growth.

Here's a roundup of the latest updates: