Bitcoin had a positive start this week, finding support at $85K. However, BTC has reverted back to its negative trends, falling by 3% in the last 24 hours and hovering just above the $84K level. This has resulted in the token breaking down from its rising channel and falling in line with the descending pattern as shown in this chart.
The chart also shows that the token is currently trading below its 200-day moving average, which means a further downside is possible if this trend does not change any time soon.
Based on this and multiple regulatory conditions and market conditions, macroeconomic market analyst Capital Flows has said that BTC could correct to the $72K-$75K range if liquidity remains unchanged.
Capital Flows researchers are saying that Bitcoin is currently showing greater convergence with traditional risk assets, but is still at the periphery of the risk curve. This means that investors should look for less risky assets.
However, crypto investors are more likely to “stand on business” and dive deeper into cryptocurrency investments. Therefore, their primary concern is likely the best crypto to buy now, which this article highlights.
Best Crypto to Buy Now – Top 4 List
Meme Index
Meme Index has consolidated itself as one of the best cryptos to buy now according to multiple publications, including The Economic Times. And the rationale behind our stance is simple: there are hardly any meme coins offering a way to diversify meme coin investments, and Meme Index does it with a unique approach.
It is essentially a decentralized ecosystem for meme coin indices, allowing users to invest in meme coin indices of various kinds. These kinds are divided based on the level of volatility. For instance, the least volatile meme coin index is the Meme Titan Index and Meme Frenzy Index is the most volatile one there is.
Lying between them are two indices – Meme Midcap Index and Meme Moonshot Index – both with varying degrees of volatility.
Governed by the MEMEX Token, Meme Index has already been subject to much love from the cryptocurrency community. Cryptonews has talked about how it has amazing tech already.
With the project raising upwards of $4 million already, its presale will conclude in little more than two days. Therefore, those interested should act as soon as possible in order to gain from the early-moving opportunities of this token.
BTC Bull
As volatility ventures into the market again, now is the time to look at tokens that could give a boost to other cryptos. BTC Bull has this idea. Described as a social movement, this meme coin supports a community of Bitcoin bulls, people who are bullish about Bitcoin but aim to generate profits through meme coins.
BTC Bull has created a unique ecosystem, tying the growth of its native token – $BTCBULL – with the growth of Bitcoin. The milestones this project has created show that whenever Bitcoin gains momentum, BTCBULL will unlock two features alternatively. First surge by $25K past the $100K level for Bitcoin will lead to token burns and the second surge will initiate Bitcoin airdrops.
This approach to capturing the market’s momentum and funneling the growth of Bitcoin to a meme coin is what makes BTC Bull one special meme coin. The imagery of the token is also iconic, and could possibly lead to a major surge after the presale concludes.
Mind of Pepe
The AI agent narrative has not been forgotten, regardless of how it looks on the price charts, and Mind of Pepe wants to leverage that by offering a unique spin on agents powered by the marketability of memes.
Described as a Pepe with a cyborg body, Mind of Pepe’s entire vibe is about how learning within the cryptocurrency market leads to enlightenment. Leveraging real-time intelligence and hive mind analysis, Mind of Pepe aims to offer early moving opportunities – alpha calls – to investors, while also delivering market insights that could be beneficial in the long run.
Other perks within the Mind of Pepe ecosystem involve focusing on creation of an AI agent that could talk to the community and spark conversations around meme coins, an attribute that could move the meme coin market in a desired direction.
With such a nuanced approach, Mind of Pepe carries a high possibility of being one of the biggest crypto launches to date. Over $7.7 million has been raised by the project already, priming it for a listing pump and upward momentum beyond that is possible if the project continues to give people joy.
Furthermore, while there were some apprehensions about the creation of an AI agent, developers have unveiled through social media channels the updates they have made regarding an AI agent’s creation. This means once the presale concludes, investors may get a first look at a pepe-themed AI agent talking about the state of meme coins.
Solaxy
Solaxy’s power comes from being the first token to provide an L2 solution to the Solana blockchain. According to the official whitepaper, the project is designed to enhance Solana and pull it from all the network congestion issues it has dealt with in the past.
The goal here is also to provide a multi-chain ecosystem associated with Solana so that more meme coins could be created on this ecosystem. And the reason Solaxy aims to do it is because meme coins have been the core reason behind Solana’s growth in the past, and may continue to be in the future.
Solaxy is also adding unique modules to make Dapp development easier, and more use cases will be introduced to the ecosystem as the project evolves further.
Despite the large number of use cases it is providing, Solaxy is also a meme coin, showcasing Pepe-themed Albert Einstein traveling across the stars through celestial bodies made out of memes. This approach is enough to give Solaxy value as a long and a short-term asset.
Summary
As analysts predict that Bitcoin could be heading to new lows before the surge, it is always better to load up on what could be the best crypto to buy now. Trading cryptos that are currently available on the market may be too futile because of the rapid changes in the market conditions. Therefore, the options available here are all crypto presales.
