While the Bitcoin bulls remain very much in control, with BTC hitting fresh record highs above $73,000 on Wednesday, investors looking to diversify their holdings continue to scour the altcoins markets for the best crypto to buy today.
Bitcoin ETFs saw record inflows of more than $1 billion on Tuesday, as inflows from Wall Street continue to accelerate.
With institutional investors chomping at the bit to secure BTC ahead of the inflation rate halving in April, risks remain strongly tilted to the upside for Bitcoin.
A test of $100,000 in the coming months remains very much on the cards.
For investors that don’t yet own crypto, Bitcoin is surely one of the best crypto to buy today.
But investors that already own a sizeable portion of BTC may be looking to increase their risk exposure to benefit more from the coming bull market.
They will likely be looking over altcoins markets in the hunt for the best alternative crypto to buy today.
Here are some of the best-performing altcoins on Wednesday that investors will be monitoring.
Private messaging app Telegram-affiliated cryptocurrency Toncoin (TON) has pumped a huge 17% in the past 24 hours, as per CoinMarketCap.
The crypto was last changing hands around $4.44, having hit new record highs at $4.60 earlier in the day.
TON’s market cap was last around $15.4 billion. Its fully diluted market cap is around $22.7 billion.
TON’s affiliation to Telegram, which positions it closely at the fingertips of the apps hundreds of millions of daily users, suggests it could be a leader this bull market.
Given that it could yet 3-5x from here, TON could easily be the best crypto to buy today.
Dogwifhat (WIF) is leading the meme coin market on Wednesday, up 36% in the past 24 hours as per CoinMarketCap.
WIF
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