“Hey Gracia, what are the best cryptos to buy now?” My mentees often ask while trying to find a promising crypto that can give 1000x in 2025 and possibly an altcoin that will reach $1 next year. If you’re also wondering, here’s a great list of the best cryptos to buy today for both the short-term and long-term.
What’s great about this list is that I’ve diversified it into different niches in the crypto market. This means that you’ll find AI tokens, memes, NFTs, Solana ecosystem, and Gaming tokens. I’d previously covered how to earn passive income with cryptocurrency, you might want to check It out.
To discover these niches, simply go to Coinmarketcap and select the ‘category’ section and you’ll see a wide range of altcoins classified into different market sectors. Pay close attention to these three columns: The average price change of each category for the past month, the most trending sectors, and their gainers/losers number, as shown in Figure 1.
Now the big idea is to ensure you’re not stuck holding an alt because its category is in a downtrend or still consolidating. That’s because some crypto niches correlate more positively with Bitcoin than others. This means they rise at the same time with Bitcoin. Interestingly, other cryptos negatively correlate with the top cryptocurrency by market capitalization. They’ll rally when Bitcoin declines and decline when Bitcoin rallies. We’ll cover crypto correlation in another segment on this blog.
How to Select the Best Crypto to Buy Now
While selecting cryptos based on their category is important, other criteria must be considered. Some of these are:
- Volatility
- Past performance
- Community
- Exchanges
I’ll quickly explain each of these as they’ll help you to know when to buy crypto and which coin has the most potential.
1. Volatility
A crypto’s volatility determines how fast its price rises or falls. You need to buy a coin that has good trading volume, which causes large price movements within short periods. It’s important to find a digital currency that spikes as fast as it falls, which will provide good buying and selling opportunities. If its price falls faster than it rises, then that could be an issue.
On that note, check how large the candlestick bars on the coin’s chart are to determine its volatility. If the bars are very large, then that’s a good coin to scalp and even invest in the short term.
For example, compare the two charts below. Chart 1 (Figure 2) has very large candle bars, which means strong volatility. Whereas the small bars on Chart 2 (Figure 3) reflect low volatility. Therefore, you’d be looking to buy with Figure 2.
It’s also worth knowing that if current volatility is low for a coin whose historic candles were once large, then that’s also a good buy because low volatility would move into high volatility. This strategy would be ideal if you’re buying for the long term. You’d wait a couple of days or weeks for the coin to finish consolidating before seeing the first gains.
The good thing here is, that the longer the consolidation, the stronger the breakout from the consolidation zone. Hence, your profit target for this long-term trading strategy should be higher unlike a short-term trade based on strong volatility.
A good example of a coin with low volatility that is a potential buy for the long term is Cream Finance (Cream). The Creamusdt chart in Figure 4 shows it’s been ranging for three months. However, this is a coin whose volatility is often high. Thus, you can expect that in the coming days, there will be a spike in price.
A trading rule acknowledges that periods of low volatility would move into periods of high volatility and so on. That’s because the more buyers or interest a consolidation region gets, their action would soon cause a price spike. Same way when high volatility is no longer sustainable or buyers start taking profit, the upward move begins to slow down. But let’s save the technical concepts for another day!
2. Past Performance
Would you buy a car without checking some reviews about its historical performance online? Most likely, you wouldn’t! These reviews would be from those who’ve driven or are driving the same car. You’d also ask valid questions such as: Is the car sustainable? how easily accessible are its parts? does it require much gas to run? etc. Liken it to crypto!
Here, you can check the price history of an asset for at least one year. If the coin hasn’t been in the market for that long, then you might as well risk on another asset that has better historical data.
For a coin you’d want to hold into 2025, its current price should be far from its all-time high. This means you’re buying at a great discount and there’s still time for the price to rally and cover up the lost ground.
Figure 5 is an example of an AXSUSDT Chart. The coin is 3200% down from its all-time high price of $165, thus providing a large room for you to make some money.
As of October 2024, this coin is priced around $5.127. Based on the chart and using order blocks to spot key levels for entries and exits, the following can be deduced:
- For short-term scalping, you could look to take profit on AXSUSDT around $8 to $11. This would be a 56% to 114% rise in price.
- For medium-term trade, where you hold for a couple of weeks, your profit target would be around $14 to $18. This would be a 117% to 251% rise in price.
- And if you can hold the asset into the first quarter of 2025, you could look to take profit around $53 to $63. This would be a 935% to 1130% rise in price.
So, looking to make 1000x on a coin within six months or a coin that will reach $100 in 2025, AXS is the altcoin to speculate on.
3. Community
Admittedly, the crypto market thrives on hype from die-hard lovers of the blockchain. That’s why you should check if the potential coin you want to buy has a large community of hypers. Are YouTubers hugely promoting the coin? Is Twitter raving about it? What are experienced traders, influencers, and even pump lovers saying about the digital asset?
Now if you’ve studied the coin’s volatility, past performance, and community, then you would’ve boosted your confidence in the asset.
With that in mind, here are the best cryptos to buy now based on their categories. These are the cryptos I’m currently trading. As such, I’ve studied their volatility and performance for the past few months.
4. Exchanges
If the potential 10x or 100x coin you want to buy is not listed on top exchanges, you might do well to leave it. I often look out for coins on major exchanges such as Binance and Kucoin. These platforms have high liquidity too, which ensures you can get in and out of positions quickly.
Also, the tokens listed there are not random like some platforms. Binance for instance has Binance.us dedicated to only US customers to ensure tokens that meet the US securities and exchange (SEC) guidelines are offered. Most traders also have more confidence in buying a token if it’s listed on Binance. Nonetheless, a token being listed on top exchanges is not proof that it’s great. Use other metrics such as volatility, past performance, etc. to determine if it’s a good buy.
Best Meme Coin to Buy Now
Bonk Inu (BONK):
Bonk Inu is the best meme coin to buy now. Its price at the time of writing this guide is $0.000021. I expect BONK to move to $0.000031 in the short term, which is a 47% surge in price. In the medium term, BONK can surge to $0.00004945, which is a 133% price spike. There’s a potential for this asset to have a 500% price increment in the coming weeks.
In terms of community, BONK has a large one on Twitter and YouTube. Given below are some hype around this virtual asset.
Asides from BONK, other meme tokens I’ve traded are Floki Finance (FLOKI), and Pepe (PEPE). These ones have also shown high volatility.
BEST Gaming Token to Buy Now
Axie Infinity (AXS):
Don’t want meme coins? Then gaming tokens are a great pick. But remember, the goal is to diversify your portfolio. That’s why AXS is great choice for a token based on the Ethereum blockchain. Remember Ethereum is the second largest cryptocurrency by market capitalization, and the asset had its halving in 2023, thereby reducing its supply. However, I’m hinting at AXS instead of ETH due to volatility.
AXS is currently priced at around $5. The coin has the potential of rallying to $10 to $20. This would be a 100% to 300% percentage rise. In the long term, there could be price spikes to $60, as shown in Figure 8.
Now AXS is a project with good fundamentals and not based only on hype as some memes. The token is leading the crypto gaming sector. And the AXS price prediction from crypto experts show they expect the asset to trade as high as $100 in 2025. There’s the expectation that NFT marketplaces showing significant improvement would also trigger tokens that are used on these marketplaces.
BEST Bep20 Token to Buy Now
Binance coin (BNB):
BNB is the cryptocurrency from the world’s largest cryptocurrency exchange, Binance. BNB has a lot of use cases, from being staked in Binance Launchpad and Launchpool, to being earned for other staking services. BNB is also used to pay transaction fees on Binance, and there is an incentive for traders to pay with BNB since the fees are lesser.
Historically, BNB has shown great performance. In 2018, its price surged from $3 to $18. In 2021, BNB’s price surged from $35 to $690, which was quite impressive for a 1871% price spike. BNB also breached its all-time high of $690, surging to $722 in January 2024. This is around the same time a lot of alts in the market were still trying to recover from a downtrend. Why is that? Usecase! BNB has a lot of usecases.
Now that we’re still in the onset of the next bull market, BNB is still quite cheap if you ask me. At an average price of $500, this cryptocurrency could spike to $2200 if not higher in the coming year.
Accordingly, if you buy BNB now at $583, your profit targets would be the following:
- $1084 in the medium term. This is an 85% price surge.
- $2200 in the long term. This is a 277% price surge.
Best Altcoin to Invest Based on Recommendation
“Beamx, FTM, and INJ”, these three cryptocurrencies came highly recommended by my mentor KNC Makoje. He’s been trading the financial markets for at least 10 years now. Hence, you may want to take a closer look at three alts.
But let me help you out there with Beamx and INJ since they stood out to me from the trio.
Beamx
Now Beamx’s chart is quite an impressive one. It has an inverse head and shoulders pattern, which is a bullish reversal signal. As shown in Figure 9, the weekly candle has also closed above resistance, thereby setting precedence for more bullish moves to $0.02796 in the near term. This would be a 50% leap from the coin’s current price of $0.0186.
What’s even more interesting is that the current price action is retesting an order block, which it could flip as support. Thus, a good trading strategy is to wait to long after resistance becomes support and has been retested.
While waiting till a retest is complete means you’ll miss out on some major move, you’ll still be on track to make some profit with this altcoin since it is 144% down from its all time high price of $0.044.
Best Decentralized Finance(DeFi) Token to Buy
Injective (INJ):
INJ may be last on the list of the best cryptos to buy now but don’t underestimate it. I rate it as the best DeFi crypto token to buy now. While other cryptocurrencies were looking for the bottom in 2023, INJ hit new highs. Now that Bitcoin is attempting to breach an all-time high and the crypto market is following its direction, a much better performance can be expected from INJ.
INJ is priced at around $20.95, at the time of writing. If you’re a long-term trader, you’d look to hold this asset to at least its ATH price of about $53. This would be a 165% price spike.
While meme coins like BONK and FLOKI can easily yield 100% to 200% profit in a day, they’re quite volatile. Hence, if you’d rather hold an alt that’ll move steadily to your price target and be less Impacted by the general downtrend in the crypto market, INJ is a great option.
INJ is the native asset of Injective Protocol, a DeFi platform that was launched in 2021. This platform is based on the Ethereum and Cosmos blockchain.
Good Mix of Altcoins
BONK, BNB, AXS, BEAMX, and INJ are the best altcoins to buy now, based on the review in this guide. Therefore, consider diversifying your portfolio this way instead of holding only meme coins or only AI tokens. A good mix would ensure your wallet grows steadily, and even if the market dumps, you’d be holding onto solid projects that have a high chance of recovery.
How to Know When to Buy a Coin
You know the best cheap crypto to buy now, but how about when to buy the coin? You need to understand the current market condition, Bitcoin’s price action, and the best days to buy crypto. I’ll explain these three concepts.
1. Market Condition
The cryptocurrency market could be in a downtrend (bearish trend) or uptrend (bullish trend). The uptrend or onset of a bull run is when you want to take buy positions. You can tell the market condition is changing from a bearish one when new lows are not created. Most cryptos would tend to have the same lows, higher lows, or lower lows that are not significantly lower than the previous low.
Some images have been provided below describing these three structures of a support level or zone.
Currently, the crypto market is in the early stage of a bull market. A lot of consolidation or accumulation has been going on in Bitcoin since February 2024, and the first breakout was evident in October 2024.
2. Bitcoin’s Price Action:
Price action means the candlestick movement on Bitcoin’s chart. Therefore, look at Bitcoin’s chart! That’s because most altcoins move in the same direction as Bitcoin. They spike when Bitcoin is rallying or consolidating and also decline with the top crypto. Thus, if there’s room for Bitcoin to revisit a previous support even while the alt you’re looking to buy is already at support, there’s a good chance that support won’t hold until Bitcoin completes its correction.
Figure 16 is a good example. Most alts were trading close to their resistance, while Bitcoin was around $69,000. However, Bitcoin had hit the midpoint of a rising channel and its next direction was towards the high of the channel or a reversal to the channel’s lows. While a trader would expect a rally into the high, that was not the case.
Why?
Bitcoin had also closed above a critical resistance area on the weekly timeframe, and the next candle needed to restest the resistance of the channel (or a 25% to 50% pullback on the previous candle) before further surges. Hence a correction as shown in Figure 17 took place.
Now understanding Bitcoin price action and current market condition would help you make a profit from the popular cryptocurrencies.
3. Best Days to Buy Crypto:
In my experience, the best days to buy crypto are before major fundamental news such as consumer price index (CPI) data release, Feds fund rate (interest rate) decision, etc. There is usually a lot of uncertainty in the crypto market a few days or hours before the news is released. While it may be tricky to buy before the news, if the current market condition is bullish, then you would’ve found loopholes to get in. Forexfactory is a website you can use to track Forex fundamental news. I’ll elaborate more on how you can use Forexfactory for crypto fundamental analysis in a different guide.
On the other hand, Sunday midnight before the weekly candle closes on Monday (1 am UTC), is usually a good time to get in. Like the case of fundamentals, many are waiting to see how the weekly candle will close. As such, they’re less likely to take positions until the candle closes.
Like knowing when to buy, it is also important to know when to sell crypto. The virtual currency market would often range on Saturdays & Sundays but with higher volatility on Sundays. The weekend is when bulls and bears struggle to have an upper end on the week’s closing candle. As such, I usually close a major position of my trades on Friday, and leave the rest running into the next week. Closing a large portion of my portfolio gives me spare funds to make entires on Sunday midnight during the tug of war between bulls and bears.
Conclusion
You now know which crypto to buy today for short-term and long-term and when to buy or sell these cryptos. It’s time to take action. These coins in this guide are listed on Binance, Kucoin, Bitmex, Gate.io, Robinhood, and other top exchanges in the world. If you can’t find the coin on one exchange, check another. And always remember that trading is risky and this guide is meant for educational purposes. Nonetheless, the tokens outlined in this guide have great potential in the next year. So keep a close eye on them.
