Top Cryptocurrencies to Consider Buying Now
The cryptocurrency market is heating up as Bitcoin (BTC) surges above $70,000 and traders are on the lookout for the best crypto to buy now. With Grayscale’s GBTC ETF seeing its lowest outflows in a month and Bitcoin showing resilience to US inflation data, the stage is set for some altcoins to shine.
Among the top contenders for the best crypto to buy now are Ethena (ENA), Nervos Network (CKB), and Ordinal (ORDI). Ethena has been making waves in the decentralized finance space, with its innovative yield-bearing USDe token and recent addition of Bitcoin as collateral. With a market cap of $1.16 billion and potential for significant growth, ENA is definitely a coin to watch.
Nervos Network (CKB) is another altcoin that is gaining traction, with its modular network and recent pump to near record highs. With a market cap of over $1.5 billion and a target to retest its 2021 record highs, CKB could be a strong contender for the best crypto to buy now.
Ordinal (ORDI), the Bitcoin inscription protocol, is also on the rise, with a market cap of $1.5 billion and room for further growth. With rapid adoption and potential for 5-10x gains, ORDI is definitely a coin to keep an eye on.
While these altcoins offer the potential for quick gains, it’s important to remember that cryptocurrency is a high-risk asset class. Investors should do their own research and consider the risks before investing. The crypto market is volatile and prices can change rapidly, so it’s important to stay informed and make informed decisions.
