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Cryptocurrency News Articles

Best Crypto to Buy Now: The Ultimate Short List

Nov 26, 2024 at 10:00 pm

With Donald Trump's election win and the buzz around possible pro-crypto policies, buyers and market observers may be asking, "What's the best crypto to buy now?"

Best Crypto to Buy Now: The Ultimate Short List

With Donald Trump's victory in the recent US presidential election and the anticipation of pro-cryptocurrency policies, buyers and market observers are eager to know, "Which crypto is best to buy now?" In this article, we'll explore the top 10 cryptocurrency coins to invest in before Trump's presidency begins.

Among the tokens that experienced significant price pumps following Trump's election is Cardano (ADA). The cryptocurrency is trading at $0.9841, showcasing an impressive surge of 195.4% over the past month.

Solana (SOL) remains a go-to network for meme coins, non-fungible tokens (NFTs), and other crypto projects, thanks to its fast and affordable transactions. This month, the Solana network recorded $109 billion in DEX trading volume. Nearly three weeks after the US elections, SOL reached a new all-time high of $263.21 before dropping to its current price of $238.59.

Sui (SUI) is a decentralized Layer-1 blockchain that offers high transaction speeds at a low cost. In the latest Sui-related development, Babylon Labs and Lombard Protocol are working to bring liquid Bitcoin staking to Sui, which could expand its ecosystem. At the time of writing, SUI is valued at $3.26.

Bitcoin (BTC) began its bullish run after Trump's poll win, reaching new highs one after another. The premier cryptocurrency reached a new all-time high of $99,645 on November 22, 2024. BTC is now trading at $94,717 at press time.

dogwifhat (WIF) is among the dog-themed meme coins in today's crypto market. In the latest crypto news, fintech company Robinhood has added WIF to its platform's crypto trading options. Following the announcement, WIF enjoyed a modest gain of 4.1%, placing its current price at $3.35.

Chainlink (LINK) is a decentralized blockchain oracle network. According to Chainlinks' Q3 2024 Report, its stablecoin market capitalization expanded by $5.3 billion, showing a 3.2% increase during the third quarter of the year while showcasing a remarkable year-to-date growth of $37.5 billion or 28.1%. LINK is currently valued at $17.58, up 20.2% over the past two weeks.

Dogecoin (DOGE) is the original meme coin. Its active community and occasional endorsements from high-profile figures like Elon Musk are some of the reasons DOGE remains relevant. DOGE's price soared 194.7% over the past month, boosted by Trump's successful bid for the presidency and plans to launch a "Department of Government Efficiency (D.O.G.E)" with Musk as co-head.

Ethereum (ETH) is the second-largest cryptocurrency based on market capitalization and serves as a smart contracts platform. After the US elections, ETH's price rose above the $3,000 mark and is now trading at $3,429. ETH witnessed a notable price climb of 38.4% over the past month.

Polygon (MATIC) is an Ethereum scaling solution designed to provide faster and cheaper transactions. Recently, Polygon joined forces with Magic Labs to introduce the Newton L2 ZK solution and the zkEVM Type 2 upgrade, which may help address the scalability challenges faced by blockchains. MATIC is valued at $0.55, up 25.9% over the past week.

FAQs:

What are the best crypto to invest in right now?

Based on our analysis of the latest blockchain trends and developments, the following are the best crypto to explore right now:

What is the fastest-growing crypto?

Many cryptocurrencies today have witnessed impressive price surges, token presale sales, and network activity, including Cardano, Solana, SUI, makemaken, WIF, Chainlink, Dogecoin, Ethereum, Polygon, and the young altcoin JetBolt. This new crypto has sold a whopping number of 100 million tokens since its presale launch, making it among the fastest-growing crypto coins in the market.

Key Takeaways — Best Crypto To Buy Now

This article analyzed each of the contenders for the best crypto to buy now and the top 10 crypto coins to invest in before Trump's presidency kicks off: Cardano, Solana, SUI, Bitcoin, WIF, Chainlink, Dogecoin, Ethereum, Polygon, and rising star JetBolt. This hot new altcoin's unique features and explosive presale that has sold over 100 million tokens make it a strong contender for the best crypto to explore and acquire ahead of Trump's upcoming term in 2025.

Check out the official Jet

News source:techpoint.africa

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