Best Crypto to Buy Now May 22

Analysts predict a rise in altcoins due to excitement and strong narratives like meme coins and AI. They recommend buying during pullbacks and focusing on projects with real-world applications. Despite the volatility of meme coins, sectors like AI ventures and crypto gaming have shown significant growth.

Key Altcoin Narratives

Five key narratives are driving the altcoin surge: meme coins, privacy-focused currencies, RWA tokens, AI ventures, and crypto gaming. Meme coins have grown by 141%, privacy coins by 68%, RWA coins by 60%, and AI coins by 58%. AI coins are leading due to real-world catalysts and investments from tech giants like Microsoft, Google, and Apple. Investors are advised to select genuine products with strong fundamentals.

Catalysts to Focus On

The current altcoin cycle might extend into Q1 2025. Trends like AI, meme coins, and crypto gaming are important to watch. Specific altcoins with strong potential include Render, WHIFF, TON, Nia, and Phantom. The convergence of bullish indicators suggests that the next rally could be imminent.