Best Crypto to Buy Now as Bitcoin Crash Fear Looms

Since Bitcoin’s repeated failure to reclaim the $100K level, there has been fear within the crypto community about Bitcoin correcting further. This fear has been exacerbated by Keith Alan, co-founder of trading resource Material Indicators, who has warned that a deeper correction may be coming, potentially retracing most of the Q4 breakout.

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In his latest tweet, the CEO wrote, ‘A daily candle close above the 100-Day MA will fuel some hopium, but the only way for this to resolve in a bullish manner is for BTC to grind back above the 21-Day MA.’

‘Failure to close above the 100-Day MA opens the door for a retest of support around $91.6K,’ he added.

As fears will likely increase, it is time to find the best cryptocurrencies to buy to make the most of this less-than-optimistic scenario.

Best Crypto to Buy Now – Top 5 List

Best Wallet Token

Best Wallet Token is a unique crypto powering what’s said to be the fastest growing cryptocurrency wallet known as Best Wallet. Unlike other DEX wallets, whose use cases are severely limited to swapping and storage, Best Wallet breaks the paradigm by providing an ecosystem with the same functionalities as a centralized exchange, but within a decentralized wallet.

Users can leverage the onramp functionalities of Best Wallet to buy and sell cryptocurrencies using fiat. They can also use Best Wallet’s staking perks to earn passive income. Portfolio management is a task made simple inside Best Wallet as it relies on a wallet aggregator to let investors connect all of their wallets within a single space.

The key use case that makes it unique, however, is “Upcoming Tokens.” Also known as Token Launchpad, this feature has been designed to give users early access to some of the best crypto presales. It essentially provides an opportunity for users to participate in high-potential crypto ICOs when they are at their zero stages.

User functionality of this cryptocurrency wallet is also high, and as it is designed to be decentralized, more features will be introduced in the future.

Best Wallet Token, also known as the BEST Token, is used to gain access to these features quickly. Currently on presale, Best Wallet has raised over $10 million to date. Those interested can visit the website using the link below and buy BEST tokens.

Visit Best Wallet Presale

BTC Bull

While the ongoing fears around Bitcoin have pushed most people to dabble in low-cap assets, there is still hope that the market will make a comeback. BTC Bull is a meme coin project that signifies that hope. The project clearly states that it has no utility, but is instead a device to power a social movement that will help more people rally behind Bitcoin so that it could reach the $1 million mark.

Calling itself the official Bitcoin meme coin, BTC Bull’s ecosystem has been designed around three use cases.

The first is Bitcoin airdrops, which will become accessible once Bitcoin hits a certain mark. BTC Bull tokens will also be dropped to investors as soon as Bitcoin reaches the $250K level.

The second is token burn milestones, in which a certain number of $BTCBULL tokens will be burned every time the Bitcoin price increases by $25K. Staking is the final utility, focused on delivering passive earnings to those who want to support the BTC Bull network.

The rationale behind adding BTC Bull to our “best crypto to buy now” list is the project’s unique appeal as a short-term asset that ties itself to the fate of Bitcoin. While many projects have done this, BTC Bull’s approach is more nuanced, making it one of the better altcoins to invest in.

Visit BTC Bull

Solana

Solana has seen a drop of more than 8% in the last seven days, which is due to the persisting market volatility. However, thanks to the strong community that Solana has created and the meme coins that continue to emerge from within the ecosystem, SOL’s potential to achieve a high level of growth still remains.

Currently trading around the $185 level, Solana has a market capitalization of more than $90 billion. While the price has been in decline, there has been an increase of over 127% in its trading volume in the last 24 hours.

CoinMarketCap clearly shows that the current sentiment around Solana continues to be positive. While there are fears that SOL may plunge below its multi-month support due to the recent drop in Solana-themed meme coins such as LIBRA, a possibility of a major bounce is still prevalent. When it will arrive is not known, but those wanting to buy the dip can wait for some time before investing.

Solaxy

Solaxy has been described by the official website as the world’s first L2 for the Solana blockchain. The project is designed to enhance Solana through rollup architecture that lets users bundle transactions and send them offchain.

The idea here is to address the congestion issues of the Solana blockchain and provide more scalability so that more meme coins can be created on the ecosystem.

Other perks that Solaxy has been trying to introduce are a modular ecosystem that makes it easy for developers to create decentralized applications.

Since a meme coin-driven ecosystem lies at the center of Solaxy, much of the imagery on the official website focuses on it. The main mascot of the project is Pepe Einstein, and other popular memes are being portrayed as cosmic bodies.

This project has raised over $21 million so far, and YouTubers like 99Bitcoins are calling it the next 100x Solana meme coin.

Visit Solaxy

Meme Index

Meme Index is a new project that promotes diversification of cryptocurrency investments. Designed as the world’s first decentralized meme coin index, Meme Index rebalances its indices based on sentiment indicators and community feedback.

There are four kinds of meme coin indices offered by this ecosystem. The first is the Meme Titan Index that houses the top meme coins. Next comes the Moonshot Index, which lets investors invest in assets whose market caps are yet to touch the $1 billion mark.

Next is the Midcap Index with meme coins with market caps ranging between $50 million to $250 million. The final one is the Meme Frenzy Index, which is meant for degen investors looking for assets with the highest levels of volatility.

Meme Index could potentially be the best crypto to buy now for those looking for diversified investment opportunities within the meme coin niche.

Visit Meme Index

Summary

While the current fears around Bitcoin dipping to new lows are concerning, it is important to always be on the lookout for the best cryptocurrencies to buy now. This article presents some of the best options available. Solana could be a good buy, but patience is required. As for the rest of the available cryptocurrencies, investors can pick them today to gain advantages as early movers.

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This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.