Crypto is navigating choppy waters right now.
On the one hand, a more fragmenting global political and economic unions are pushing investors towards a risk-off outlook.
On the other, the impending possibility of a crypto regulatory framework being implemented in the US by the end of the year seems very real, with the US administration signalling strong support for the blockchain industry.
With that said, let’s take a look at five coins that could be among the best crypto to buy by this time next year.
BTC Bull ($BTCBULL) is redefining the meme coin space by offering automated Bitcoin rewards whenever BTC surpasses predetermined price milestones.
This model allows holders to benefit from passive Bitcoin accumulation while holding a meme token.
BTC Bull is gaining traction among Bitcoin supporters and newcomers, driving strong presale momentum. Investors looking for a mix of entertainment, profitability, and growth potential may find this project particularly enticing.
$HYPE is the token powering Hyperliquid, a decentralized exchange on its own proprietary layer 1 blockchain.
The project launched at the end of last year and in no time at all has become the 32nd largest digital asset on the market with a capitalization of $5 billion.
Last weekend the protocol recorded a $4 million loss from a technicality exploited by a highly-leveraged whale wallet. However, the news resulted in some upward price action for the first time in over a month.
Key features:
Zero gas and low fees on Hyperliquid DEX $HYPE grants holders voting rights on Hyperliquid You can stake $HYPE to earn rewardsThe recent buying spree caused Hyperliquid to be overbought at the beginning of this week, but selling picked up immediately after, which has pushed $HYPE’s relative strength index (RSI) back into neutal position at 53 and falling.
Hyperliquid sells for $15, which is a steal compared to the fact that it was almost double this price at the start of February. However, it has its work cut out ahead if it’s to recapture and hold the $28 mark.
EOS Network is a promising Ethereum killer that launched back in 2018. As such, it has all the hallmarks you’d expect of a great DeFi service. High speeds, low cost and high-functionality smart contracts.
Earlier this week $EOS jumped 17% in 24 hours on news that the network was pivoting towards Web3 banking services in a move that could unlock “the immense potential” of Bitcoin in particular and crypto in general.
Key features:
Banking services will bring TradFi services on-chain under EOS’s proprietary network. A much-lauded Ethereum-killer with a market cap approaching $1 billion No transaction fees on EOSWhile the token suddenly shot up in price on news of a rebrand, there’s still plenty of legroom for the price to grow even more over the short-term. That’s because the buying frenzy precipitated a moment when the asset was “overbought” but some speedy profit-taking immediately after that brought its relative strength index back into the neutral zone around 50.
This effectively means EOS has consolidated its recent gains and is in a position of relative strength to keep on climbing.
Being the original meme coin, with a market cap of $25.5 billion, you could say Dogecoin is almost single-handedly holding up crypto’s entire $53.1 billion meme coin sector.
That said, the meme coin that needs no introduction has been on a losing streak recently. Its three-month chart shows a significant drop in resistance (from $0.40 to $0.20) along with a near parallel drop in support (from $0.32 to $0.17), which shows a tale of successive decline.
Key features:
The oldest and largest meme coin Many projects continue to be derivative of it, which means it will stay in the public’s mind Can be bought on every major exchange, and on payments apps like Revolut and PayPalThat said, meme fans see the project as too big to fail.
With heavy integration across Revolut and PayPal, along with famous fans like Elon Musk, Gene Simmons, and Snoop Dogg, Dogecoin is more than likely to make a comeback soon.
This means its ephemeral price woes at the moment should be seen more as an excellent dip-buying opportunity.
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