Best Crypto to Buy Today March 12 – Toncoin, NEAR Protocol, Injective
Following a choppy day in blue-chip crypto markets on March 12 that saw Bitcoin (BTC) hit fresh all-time highs (ATHs) above $73,000 before dropping as low as the $68,000s, investors are hunting for the best crypto to buy today for near-term gains.
Bitcoin remains a strong candidate for best crypto to buy today, and an integral part to any crypto investor’s portfolio.
Profit-taking long-liquidations saw BTC reverse sharply lower after fresh ATHs were printed above $73,000.
But Bitcoin has since rebounded strongly back into the mid-$71,000s and remains 12.5% up in seven days, as per CoinMarketCap.
Indeed, Bitcoin is up a staggering 47% in 30 days, propelled higher by a powerful wave of ETF demand.
Bulls remain very much in control, and there remains an outside chance that the cryptocurrency can challenge $100,000 soon.
That’s because hype surrounding the halving in April, which will halve BTC’s inflation rate, is yet to hit fever pitch.
The prospect of quick potential 40% gains from here means Bitcoin certainly ranks amongst the best crypto to buy today.
But some investors will be hoping to book much larger short-term profits, perhaps in the 5-10x region.
They will likely be scouring altcoin markets for smaller-cap, lesser-known cryptos that carry big potential.
Here are some of Tuesday’s best-performing names that could be the best crypto to buy today.
After breaking out to fresh all-time highs on Tuesday, Telegram-affiliated cryptocurrency Toncoin (TON) is pumping hard.
As per CoinMarketCap, TON was last up around 25% in 24 hours, with its market cap approaching $15 billion.
Its affiliation to world-leading private messaging application Telegram positions Toncoin as a potential leader in the 2024 bull market.
Its market cap could go a
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