Best Cryptocurrency Picks for April 2024: Celestia, Pepe, Fantom
Investors are on the hunt for the best crypto to buy today as the cryptocurrency market continues to trade heavy amidst various concerns. With Bitcoin and Ether experiencing losses, many are turning to smaller altcoins in search of potential gains.
While Bitcoin is down 11% in the last 30 days, other altcoins like Solana, XRP, and Dogecoin are down even more at 20%. Some smaller altcoins have seen even sharper declines of 40-50%. The upcoming Bitcoin halving event and the delay in Fed interest rate cuts are contributing to the market uncertainty.
Fed Chair Jerome Powell’s recent remarks about inflation suggest that investors will need to be selective when choosing the best crypto to buy now. Some strong performers on Tuesday include Celestia (TIA), Pepe (PEPE), and Fantom (FTM).
Celestia (TIA) is showing signs of breaking out of a downtrend, with potential for significant upside if it can surpass key resistance levels. Pepe (PEPE) and Fantom (FTM) are also making strides in the market, with the potential for quick gains if they can continue their upward momentum.
For those looking to benefit from the recent market dip, investing in smaller altcoins or participating in new crypto ICOs could be a profitable strategy. However, it’s important to remember that crypto investments come with high risks and may result in capital loss.
Overall, the search for the best crypto to buy now continues as investors navigate the volatile cryptocurrency market.