Top Cryptocurrencies to Consider Buying Now in 2024
Title: BTT, CRO, BNB Among Best Cryptos to Buy Now for Quick Gains
In the volatile world of cryptocurrencies, traders and investors are constantly on the lookout for the best crypto to buy now that could offer quick gains. As major cryptocurrencies like Bitcoin (BTC) continue to consolidate within recent ranges, altcoins like BitTorrent (BTT), Cronos (CRO), and Binance Coin (BNB) have made the shortlist for potential investments.
Bitcoin, the leading cryptocurrency, has been trading in the upper $68,000s this week, with the price swinging between lows around $67,500 and highs around $72,500. Traders are closely monitoring various themes such as the prospect of spot Bitcoin ETF approvals in Hong Kong, US economic data, and the upcoming halving event.
Despite some nerves about a potential short-term dip in the Bitcoin market post-halving, technical analysis suggests a bullish outlook for BTC. Bitcoin has been forming a bullish ascending triangle structure, indicating a potential breakout towards $80,000.
For investors looking for the best crypto to buy now, Bitcoin remains a strong contender. However, for those seeking higher potential gains, altcoins like BTT, CRO, and BNB are worth considering.
BitTorrent (BTT) has shown resilience in a bearish market, with gains of 6.5% in 24 hours. The cryptocurrency appears to have formed an ascending triangle, suggesting a possible pump towards $0.0000022.
Cronos (CRO), Crypto.com’s blockchain, has also performed well, with gains of roughly 2% in the past 24 hours. With a low market cap and potential for 5x gains, CRO could be an attractive option for investors.
Binance Coin (BNB), the world’s fourth-largest crypto, has also seen gains of 2% in 24 hours. With an ascending triangle formation, BNB could be on the verge of a pump towards its record highs around $700.
While these coins offer the opportunity for quick gains, some traders are exploring crypto presales for even faster exponential growth. Investing in promising web3 projects during presales can potentially result in significant returns if the project gains traction.
Overall, the crypto market presents various opportunities for investors seeking quick gains, with altcoins like BTT, CRO, and BNB standing out as potential candidates for the best crypto to buy now. However, it’s essential to remember that crypto investments come with high risks, and thorough research is crucial before making any investment decisions.