Cryptocurrency markets are showing strong momentum as the SEC approved spot Ethereum ETFs and Bitcoin recovers to $69,000, leading traders to look for the best crypto to buy now. Ethereum is a top candidate, with potential for new all-time highs once spot Ethereum ETFs go live. The approval of ETFs also helps clarify Ethereum’s status as a non-security, boosting investor confidence in the asset. As institutional demand for ETH grows, liquidity in the ecosystem increases, solidifying Ethereum’s position in the market.
For investors seeking higher returns, smaller altcoins with potential for 5-10x gains are worth considering. Core (CORE) and Ondo Finance (ONDO) are two coins showing strong performance recently. Core aims to create an inclusive, decentralized, and efficient blockchain and could potentially see quick 2x gains in the near future. ONDO Finance is a tokenization platform for real-world assets and has experienced significant growth, making it a promising investment in the RWA sector.
Uniswap (UNI), a leading decentralized exchange protocol, is also showing potential for gains as it tests resistance at $10. Recent SEC approval of spot Ethereum ETFs has positively impacted Uniswap, with potential for a quick retest of yearly highs at $17. The sudden approval signals a change in policy from the SEC, providing a boost to Uniswap bulls. If Uniswap breaks through the $10 resistance level, it could be a strong contender for the best crypto to buy now.
Overall, the cryptocurrency market is full of opportunities for investors looking to capitalize on the current momentum. While Ethereum remains a top choice for more conservative investors, smaller altcoins like Core, Ondo Finance, and Uniswap offer the potential for higher returns. It’s important to remember that cryptocurrency is a high-risk asset class, and investors should conduct thorough research before making any investment decisions to mitigate risks and maximize potential gains. As the market continues to evolve, staying informed and proactive is key to successful cryptocurrency investing.
