As Crypto Explodes, Which Are Top 5 Best Crypto To Buy Now?

The crypto market is experiencing a strong bullish movement. Bitcoin and Ethereum have both surged strongly in the last 24 hours. The crypto market capitalization has surged by 7% in the last 24 hours and will cross the 1 Trillion USD mark. Market participants are considering which is the best crypto to buy now as prices are starting to skyrocket.

Top 5 Best Crypto To Buy Now

1. Bitcoin: Bitcoin is the largest cryptocurrency in the world in terms of its market cap. Experts highlight that there is still no alternative to Satoshi Nakamoto’s original vision. Due to its Proof-of-Work consensus mechanism, Bitcoin is one of the truly decentralized and safe cryptocurrencies. BTC is currently down over 60% from its all-time high, however, most experts believe that it will surge back to the same price level around the time of the next halving.
2. Ethereum: Ethereum is the second-largest cryptocurrency in terms of market capitalization. The crypto winter has reduced ETH’s value by over 50%. However, Ethereum is the basis of the major portion of smart contract technology. Moreover, recently Ethereum underwent a successful merge. Moreover, according to experts, the merge is still not priced in. Therefore, ETH can show an extremely strong bullish movement.
3. Polygon: Polygon as a cryptocurrency derives its value from its contribution to the Web3 ecosystem. Polygon considers its aim to be the third most impactful crypto ecosystem after Bitcoin and Ethereum. The Polygon platform makes tools that allow companies and developers to launch scalable decentralized applications. Some of Polygon’s biggest partnerships include the NFL, Liverpool Football Club, Adobe, Meta, etc. Polygon can also break the $1 price level in this rally.
4. Chainlink: Chainlink, similar to Polygon, derives its value from being instrumental to the Web3 ecosystem. It provides state-of-the-art oracle service. Oracles provide blockchains with real-world data in a decentralized manner. Experts believe that Chainlink at the $6-$7 range is a bargain as it has very strong fundamentals.
5. BNB or Binance Coin: BNB or Binance Coin derives its value from the Binance crypto exchange. Binance is still the largest crypto exchange in the world. Changpeng Zhao or CZ is the richest crypto billionaire in the world and one of the most influential people in the crypto ecosystem. BNB has surged over 5% in the last 24 hours and is trading at $287.67.

Nidhish is a technology enthusiast, whose aim is to find elegant technical solutions to solve some of society’s biggest issues. He is a firm believer of decentralization and wants to work on the mainstream adoption of Blockchain. He is also big into almost every popular sports and loves to converse on a wide variety of topics.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.