As Bitcoin (BTC) pushes into the $72,000s for the first time ever and Ether (ETH) rallies to the north of $4,000, crypto investors are assessing which might be the best crypto to buy today.
Strong spot Bitcoin ETF demand ahead the supply shock of the Bitcoin halving has propelled Bitcoin higher in recent weeks.
This has bled across to other sectors of the crypto market, with major meme coins outperforming notably in recent weeks.
Bitcoin looks to be on course to hit $100,000 in the coming weeks and months.
Some are even betting it could reach six digits before the April halving.
Ether, meanwhile, looks to be on course to soon clinch new record highs.
With the outlook for both cryptocurrencies looking very strong, both BTC and ETH are integral to any crypto investor’s portfolio.
But with BTC and ETH’s potential gains in the 2-3x range, highly risk-tolerant crypto investors often crave greater upside exposure.
That’s why they often turn to altcoin markets to hunt for lesser-known but high-potential cryptos.
Here are some of Monday’s best-performing altcoins, each of which could be the best crypto to buy today.
Novel “dual network” Theta Network is one of the best-performing cryptos on Monday, up 25% in 24 hours.
THETA’s price pumped to as high as $ 3.80 earlier, its highest since April 2022.
It has since retraced to around $3.65 per token.
But since pushing above $2.30 resistance, there is a clear path to resistance at $4.50.
Theta Network combines a smart-contract-enabled layer-1 blockchain with a data and storage network.
With a market cap of only around $3.6 billion, THETA has plenty of upside left for this bull market.
That’s why THETA could be the best crypto to buy today.
FLOKI (FLOKI), the Shiba Inu meme coin that was created in
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