Best Crypto to Buy Now September 19 – Popcat, Sei, Core #bestcointohold #cryptupdates
One day after the Fed initiated a new easing cycle with a 50bps rate cut, optimism about easing liquidity conditions has handed the crypto bulls the upper hand, with investors busily searching for the best crypto to buy now.
$BTC Bitcoin (BTC) is leading the charge, up over 5% in the past 24 hours to the mid-$63,000s.
But other major cryptos are performing just as well, if not better.
$ETH Ethereum (ETH) was last up 6.5% in 24 hours and is getting close to a retest of $2,500.
$SOL Solana (SOL) and BNB (BNB), meanwhile, both posted gains of 4-9% on the day.
Markets appear to be in the early stages of pricing in a Goldilocks situation where the US economy continues growing at a decent rate. Still, the Fed eases interest rates and financial conditions.
If the US data supports this thesis (i.e., there is no US recession), then the current pro-risk trade could extend for some time.
October is normally a good month for crypto.
Once the US Presidential election uncertainty clears up in November, a “Santa Rally” could occur.
Bitcoin could hit $100k by the end of the year and extend well above in 2025.
For investors new to crypto, it remains a strong candidate for the best crypto to buy now.
But more daring investors may want to consider getting involved in smaller, lesser-known, but high-potential altcoins.
Here are a few strong performers on Thursday that might also be the best crypto to buy now.
Best Crypto to Buy Now – Could These Altcoins Outperform?
Popcat (POPCAT) #PopcatCoin
The new cat-themed Solana meme coin Popcat (POPCAT) was the best performer among the top 100 cryptos by market cap on Thursday.
According to CoinMarketCap, Popcat has been up 30% in the past 24 hours and has been trading above $0.90.
Popcat is probing for a test of its July record highs.
Both of these tokens could also rank as the best crypto to buy now.
Better Alternative to Consider?
The above-noted coins could all rank as the best crypto to buy now.
