Donald Trump’s landmark victory in the US presidential elections, followed by the 25 bps rate cut in Thursday’s FOMC, has set the stage for the ‘golden bull run’.
The Bitcoin price has already hit multiple new all-time highs, reaching just shy of $77,000 on Thursday.
Meanwhile, it appears as if the meme coin supercycle has already started, considering the bullish strength displayed by Dogecoin and new meme tokens like Moo Deng, GOAT and Pepe Unchained.
Sidelined investors might have only days left to seize their chance before the crypto bull cycle enters its explosive parabolic phase.
6 Best Crypto To Buy Now
Considering the trend of capital rotation in the crypto market, having a diversified portfolio comprising Bitcoin, utility altcoins and large-cap and microcap meme coins could potentially be the best strategy to secure the maximum profits.
In this article, we list the 7 best crypto to buy for the upcoming bull market.
Bitcoin (BTC)
Amidst the strong demand for altcoins and low-cap meme coins, even smart money investors are making the major mistake of underexposure to Bitcoin.
Yesterday, Blackrock bought $1.1 billion worth of $BTC via the ETFYes, you read that right, $1.1 BILLION cold hard American dollarsChat, we might be back pic.twitter.com/sOH2mx9xDZ
— Milk Road (@MilkRoadDaily) November 8, 2024
There is a reason why BlackRock has added $1.1 billion worth of Bitcoin to its holdings in a single day following Donald Trump’s win. In fact, BlackRock’s Bitcoin ETF is now larger than its Gold ETF, which was launched in 2005.
Trump has promised to establish a Strategic Bitcoin Reserve, which wouldn’t be hard considering the Republican supermajority. In fact, the US Congress has added over 250 pro-crypto candidates in this year’s election.
Even Vice President-elect JD Vance holds $400k worth of Bitcoin.
If the Strategic Bitcoin Reserve does become a reality, then BTC is highly undervalued at its current market price of $76,000. Bitcoin price predictions from crypto thought leaders have the largest cryptocurrency peaking at anywhere between $150k and $350k in 2025, making it one of the best crypto to buy now.
Pepe (PEPE)
It is no surprise that one of the most popular internet culture coins is among the best cryptocurrencies to invest in.
Ethereum’s lacklustre price action has disappointed investors, considering the largest altcoin has underperformed both Bitcoin and Solana.
However, there is a growing consensus that ETH may have created a bottom, both in its spot chart as well as BTC and SOL trading pairs. Most Ethereum price predictions have the altcoin surging to anywhere between $6k and $10k in the coming months.
am a huge wif enjoyer but pepe/wif is giving me massive outperformance vibes.always trying to be in the fastest horses and $pepe is looking pretty fast right now against multiple cross pairs pic.twitter.com/ClAgzu3P0s
— Bluntz (@Bluntz_Capital) November 8, 2024
However, smart money investors aren’t buying Ethereum. Instead, they are stacking Pepe, viewing it as leveraged ETH due to the meme coin’s strong correlation with the altcoin.
The Pepe price has broken out of its multi-month descending trendline. The top Bybit trader Bluntz also expects PEPE to see a strong rally in the coming months, projecting it to outperform Solana meme coins like Dogwifhat.
Pepe Unchained (PEPU)
Pepe Unchained is the first microcap meme coin on our list. However, the hype surrounding the project doesn’t lack any enthusiasm.
The new meme coin has already raised over $25.5 million in presale funding, with many deep-pocketed whales among the early investors. Following Trump’s big win, a whale swapped $86k worth of ETH for PEPU
Pepe Unchained isn’t an ordinary meme coin. Instead, it is building a new meme coin ecosystem with the Pepe The Frog packaging. The new ecosystem will include a Layer-2 chain offering extremely low trading costs; cutting-edge tools like custom DEX, block explorer and advanced analytics; and even a native staking protocol.
TODAY IS A BIG DAY!!! 🔥Not only have reached the $25M milestone, but we have a major announcement for you all.Buckle up and read below 👇 pic.twitter.com/Y2dEhrozb1
— Pepe Unchained (@pepe_unchained) November 6, 2024
Recently, Pepe Unchained has announced a two-click meme coin launchpad, known as Pepe’s Pump Pad. Imagine getting in early on Solana’s Pump.fun and even getting to buy its native token early, which is what PEPU is offering.
Unsurprisingly, experts are bullish on its upside potential, with many eyeing anywhere between 50x and 100x returns from it.
Popcat (POPCAT)
Much like Pepe is a beta bet on Ethereum, Popcat is a beta play on Solana. And SOL’s bullish momentum isn’t slowing anytime soon.
Prominent meme coin influencer Murah Mehmudov believes that the Popcat price is headed to $5 in the coming weeks.
$POPCAT to $5 soon.1. Clearly the Cat Leader2. Clearly Cat in the Ticker3. Clearly Cat in the Logo4. Clearly an Organic coin5. GCR’s Cats + Asia prophecy pic.twitter.com/B6zBniagxp
— Murad 💹🧲 (@MustStopMurad) November 8, 2024
Indeed, POPCAT is the top cat meme coin with strong community support. Moreover, it is a Biannce meme coin, listed on the exchange’s futures platform. There is growing speculation that a Binance spot listing could be imminent.
Considering that the Popcat price saw a strong bounce from the retest of its multi-month resistance, experts believe that the parabolic rally to $5 may already have started.
Crypto All-Stars (STARS)
Crypto All-Stars is the second microcap meme coin in our list of best cryptos to buy in November.
Much like Pepe Unchained, STARS has impressed meme coin investors with its strong presale performance, having already raised over $3.1 million.
WHAT A JOURNEY!And there’s still a lot to do! But Crypto All-Stars just hit $3M in Presale! pic.twitter.com/inuhJG5BOX
— Crypto All-Stars (@all_stars_coin) November 3, 2024
Moreover, Crypto All-Stars is also a utility-driven meme coin. It is launching the first-ever multi-chain staking protocol, MemeVault, which will accept 11 of the top meme coins and offer attractive staking rewards.
STARS stakers will receive thrice the rewards. In fact, presale STARS buyers can already take advantage of the secondary staking protocol, which is currently offering an APY of just under 500%.
Owing to its low-cap, high-utility nature, prominent crypto influencers are calling Crypto All-Stars the next 100x crypto.
Visit Crypto All-Stars Presale
No Mans Land (NML)
We round up our list with another microcap meme coin, No Mans Land, a fresh token that went live just yesterday on Thursday.
$NML already has a market capitalization of $3.2 million and $100k in trading volume.
No Mans Land is a unique token developed by the globe-travelling visionary Daniel, bringing his experiences to this innovative project.
The self-proclaimed “best and most dangerous meme” will follow Dan’s adventures as he embarks on the “craziest journeys of his life.”
Prominent crypto influencers are already impressed with the Solana based project’s fresh narrative, quick adoption and growing Telegram community.
For instance, popular crypto YouTuber ClayBro with 130k subscribers believes that NML could potentially offer ‘huge gains’ in the coming days.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source:https://cryptodaily.co.uk/2024/11/6-best-crypto-to-buy-following-trumps-win-fomc-rate-cut