⭐️ Best Crypto For May 23 – Dogwifhat, Dogecoin
🔸 Dogwifhat (WIF)
Up 7.6% in 24 hours and bucking the market decline, Dogwifhat (WIF) is making a claim for itself as best crypto to buy today.
Dogwifhat was last close to $3.0, with a market cap of around $3 billion, as per CoinMarketCap.
If it can break above its 21 and 50DMAs, WIF could quickly surge. Bullish targets would be the May highs at $3.70, and then the top of its short-term upward trend channel. If it can break above its 21 and 50DMAs, WIF could quickly surge, making it potentially the best crypto
🔸 Dogecoin (DOGE)
Dogecoin (DOGE) isn’t a particularly strong performer on Wednesday.
But it has formed an ascending triangle in recent weeks and is threatening a bullish breakout.
If it can push above $0.17 resistance, a quick retest of yearly highs near $0.23 is likely. Dogecoin could be the best crypto to buy now assuming it can break above $0.17 resistance.
⚠️ Crypto Alternatives to Consider
Altcoins are a great way to make quick gains in crypto.
However, most of the above-mentioned coins are already too well-established to provide traders with gains of upwards of 10x. For those bigger gains, traders will need to get in super early on newer coins with lower market caps.
Of course, this isn’t for the faint-hearted.
That said, for risk-tolerant investors looking to add upside exposure to their portfolios, presale investing is potentially a good strategy. Web3 startups often sell their token at an early discount in presales to fund development and build hype.
However, with so many presales vying for investor funds, it can be tough to know where to start.
