The new year is sparking renewed momentum for the crypto market, with projects like Bonk, Optimism, and Arbitrum rising as top contenders for the best crypto to buy now.
The Bonk price has surged over 37% so far this week following its listing on OKX.
The meme coin is currently trading at $0.0000142, riding positive sentiment higher after a 70% decline between December 15 to January 7.
Optimism also continues gaining, with Binance announcing support for the project’s upcoming Bedrock network upgrade on January 12.
The upgrade seeks to enhance Optimism’s transaction speeds as a Layer 2 Ethereum solution.
Additionally, Arbitrum has climbed over 77% in the last month alongside improving on-chain metrics.
While established tokens are seeing renewed interest, crypto presales like Sponge V2 Token and Bitcoin Minetrix offer investors alternatives to diversify portfolios beyond mainstay coins.
These nascent projects are generating buzz, suggesting potential as future top contenders for the best crypto to buy now.
The price of Bonk (BONK) has surged over 37% this week following its listing on the OKX exchange on January 8.
BONK is currently trading at $0.0000142, up substantially from $0.00000934 just a few days ago.
The meme coin’s newfound support and increased trading volume signal strong buying interest that could propel BONK to $0.000025 in the short term.
The coin had previously declined over 70% from its December peak, but its latest rebound has turned sentiment positive again.
However, there is caution that the volatility leaves open the possibility of a plunge back towards $0.00001 if the uptrend stalls.
For the time being, momentum remains on the side of the bulls, with the bullish alignment of key moving averages set to
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