The crypto market sentiment has bounced from fear to neutral as Bitcoin and most altcoins recover. Amid this recovery, traders are frantically looking for the best crypto to buy to secure significant returns and possibly make 10x gains within weeks. In this article, we explore the best 3 altcoins with a strong bullish outlook and robust fundamentals that traders can invest in today.
Best Crypto to Buy Right Now For Massive Gains
The best crypto to buy right now for massive gains in the coming weeks are Solana (SOL), Dogecoin (DOGE), and Shiba Inu (SHIB). Besides flashing bullish technical indicators, these top altcoins have some strong fundamentals that can sustain a long-term uptrend, possibly to all-time highs.
Solana (SOL)
Solana is the best crypto to buy now, as the positive market sentiment teases at a price rally to $300. As a recent Coingape article reported, BlackRock has expanded its $1.75B tokenization fund to the Solana blockchain to leverage its fast speeds and low transaction costs. Additionally. Fidelity has filed to have its spot SOL ETF listed on the Cboe exchange.
The rising interest from Wall Street is among the reasons why traders should consider buying the SOL altcoin right now. Meanwhile, the one-day Solana price chart indicates that the momentum is shifting to bullish.
The RSI has risen to 52, its highest level since early February. This indicates that selling pressure is no longer dominating the price action as buyers take control. At the same time, the MACD line is rising while the histogram bars are flashing green, which also shows a bullish Solana price prediction.
SOL/USDT: 1-day Chart
The strong technical outlook and institutional adoption indicate that Solana is the best crypto to buy now as it shows signs of surging to an all-time high near the $300 psychological level.
Dogecoin (DOGE)
Dogecoin has outperformed all the other top-ten largest cryptos by market cap in the last week making it one of the best crypto to buy. This top meme coin trades at $0.20 today with an 8% gain in 24 hours. Dogecoin price is also up by 19% in seven days.
One of the factors driving these gains is whale activity. In the last two weeks, whales have accumulated 200M DOGE, suggesting optimism that the meme coin could lead the broader crypto market recovery.
The derivatives market data also suggests that traders are anticipating a major price move. At press time, derivative trading volumes had surged by 35%, while open interest soared by 13% in 24 hours to $2.16 billion. This marks its highest level in one month.
Dogecoin Open Interest
As open interest rises when the price also increases, it supports a bullish outlook and suggests that DOGE is one of the top altcoins to buy.
Shiba Inu (SHIB)
Shiba Inu is expanding its presence in the decentralized finance (DeFi) industry, making SHIB one of the best crypto to buy. Recently, the SHIB development team revealed that trading volumes on ShibaSwap have surged by 238% in 30 days, making it one of the fastest-growing DEXs.
Shiba Inu marketing lead LUCIE has also teased the launch of Shib Finance, to bolster DeFi activity. This launch will bode well for the Shiba Inu price, which could surge to all-time highs.
The daily chart shows that bulls are now in control. SHIB price has flipped the 50-day EMA confirming a bullish reversal. The RSI has also made a sharp rise to its highest point since December 2024. This setup suggests SHIB could reach the 200-day EMA of $0.0000179 soon, making it a top altcoin to buy.
SHIB/USDT: 1-day chart
Summary of Best Crypto to Buy
The crypto market is showing signs of a bullish recovery as trader sentiment shifts from fear to neutral. Amid this shift, the three crypto to buy to secure significant returns are SOL, DOGE, and SHIB. These coins have some strong fundamentals and a bullish technical setup.
The post What Are the Best Crypto to Buy Right Now? appeared first on CoinGape.
