It finally feels like a bull market again. Bitcoin has just exceeded $82K for the first time in history.
Altcoins are also doing well, but which ones have the best chance of 10x gains?
Bitcoin’s Latest Peak After Multiple ATHs This Week
It’s safe to say that the crypto market is in an entirely different spot after Donald Trump’s win last week.
After months where every leg up was met with a titanium wall of selling pressure, the latest breakouts have been different.
Traders’ confidence is clearly much higher. After BTC’s first all-time high (ATH) shortly before Trump’s DC win was announced, bulls didn’t retreat.
Since then, new buying pressure has absorbed each minor dip, creating an environment of higher highs and higher lows.
At the time of writing, Bitcoin has once again veered beyond its previous ATH and surpassed $82,000, after briefly dipping to $80,574 earlier on Monday.
Bitcoin has been sent flying since Trump’s win, with traders anticipating a more lenient regulatory environment for the crypto sector moving forwards.
Prominent trader Horse regards Trump’s pro-crypto apporach as a “tidal shift” compared to the previous administration’s contempt and frequent attacks on the industry.
And looking at the Bitcoin price chart, it’s clear to see that the market feels the same way. BTC is in the green on all time frames right now. It’s up 3% today, 19% this week, 30% this month, and 120% this year.
However, as Bitcoin climbs, traders are closely watching the Bitcoin dominance (BTC.d) chart, which measures Bitcoin’s market share.
They’re looking for “top signals” of Bitcoin dominance, indicating that altcoins are gaining strength and will begin to outpace the market leader.
Periods when Bitcoin dominance falls are regarded as “altcoin seasons,” and they often allow crypto investors to make the most money.
Analyst Sensei predicts that the altcoin season will begin in November and continue through to March 2025. He notes that Bitcoin dominance is currently rejecting a macro resistance level.
With that in mind, what are the best cryptos to buy now?
Pepe Unchained
Pepe Unchained is a new Ethereum layer 2 blockchain created entirely for meme coins.
It has features like a two-click meme coin generator, a decentralized exchange, staking, an Ethereum bridge, a block explorer, and more.
And because it’s a layer 2, all of this is easily accessible from an Ethereum wallet.
Merging Ethereum’s liquidity infrastructure with a fast and scalable meme coin-centric blockchain is an attractive use case.
As such, Pepe Unchained is generating massive demand. It is undergoing a presale and has raised over $26 million in funding so far, making it one of the most successful meme coin ICOs ever.
If this demand continues into its exchange launch, the $PEPU price will skyrocket.
Currently, investors can participate in the $PEPU presale at a price of $0.01249. However, this price will rise throughout the ICO, with the next increase in under one day.
Crypto All-Stars
Crypto All-Stars is creating something called “MemeVault” which will be a staking platform for meme coins.
Users can deposit DOGE, PEPE, SHIB, and more to earn what could be very lucrative $STARS rewards if the price keeps rising.
However, they must hold $STARS to access the MemeVault, and their rewards are proportional to how much they have.
This provides inherent utility to $STARS and means its demand will rise alongside that of the platform.
And given that Crypto All-Stars provides meme coin holders an additional stream of revenue, it’ll likely be in high-order.
The project is also undergoing a presale and has raised $3.3 million so far. The current price is $0.0015556, but this will rise in less than one day.
Visit Crypto All-Stars Presale
Dogwifhat
Momentum matters in crypto – and that’s why Dogwifhat could be one of the best projects to buy now.
The market is green today, experiencing one of its strongest days of the year. And amidst that, Dogwifhat is the highest gainer.
This shows traders are interested, so as the market keeps moving up, we’ll likely see WIF continue to outperform.
Dogwifhat is the largest meme coin on Solana, which until now, is the most popular blockchain for meme coins. It boasts millions of daily active users, but Dogwifhat’s frontrunning position makes it a magnet for new ecosystem liquidity.
Another advantage is that Dogwifhat is already listed on major exchanges like Binance and Crypto.com, providing a gateway for retail investors to buy in.
As crypto prices rally and retail traders return to the industry, many (especially newcomers) will look for tokens listed on these exchanges, to bypass the hassle of a self-custody wallet. This will be another big source of capital inflows for WIF.
