As things start to turn positive for Bitcoin – with golden crosses on one side and ascending wedges on the other – the question is: what’s next?
Which is the best crypto to buy this week that could explode, turning small investments into outsized returns? And which among them could take the most advantage of the upcoming bull run? The answer to these questions lies in this article.
Best Crypto to Buy This Week – Top 7 List
For those watching the market closely, here are the top seven crypto that experts believe could deliver explosive returns in this bull cycle:
Bitcoin
Despite the recent pullback, underlying trends suggest that Bitcoin remains firmly among the top cryptos to invest in this week. Early last week, BTC rallied near its all-time high of $111,970. However, the coin quickly retraced amid broader market selloffs over the past few days.
At the time of writing, Bitcoin is exchanging hands just above $105K after falling over 4% over the past week. Data from CoinCodex shows that retail investors have reacted cautiously to the current BTC price trend, as reflected in the neutral Fear and Greed score of 52.
Even with this expected reaction, technicals suggest that investors are still confident in the apex asset, reinforced by increased institutional adoption and favorable news from the regulatory front.
Brazil recently proposed a RESBiT bill to allocate 5% of foreign reserves to BTC. This move aligns with the ongoing adoption of Bitcoin as a store of value by governments and corporate bodies.
Just yesterday, Thailand announced it will waive taxes on all crypto assets for the next five years starting January 1, 2025. Experts note that this recent regulatory adjustment will help drive BTC adoption in the region.
At the same time, MicroStrategy continued its aggressive BTC ownership model, acquiring 10,100 BTC worth $1.05 billion at current market rates. The firm now holds about 592,100 BTC, with the latest buy funded by an IPO of perpetual Stride preferred stock.
https://twitter.com/saylor/status/1934582626448236794
In addition to these regulatory catalysts, BTC’s technicals remain strong, with 20 CoinCodex indicators flashing bullish signals. The asset is trading above the $103,000 support level, aligning with the 78.6% Fibonacci retracement. If the coin rallies and holds above the $106,903 pivot point, analysts expect it to hit new price levels soon.
BTC Bull
While Bitcoin has been trading sideways for almost a week without any significant breakout, cues from experts indicate that the OG crypto remains structurally strong and poised to reach the monumental $150k milestone by July.
It is therefore not without reason that both whales and retail investors are staying in “HODL” mode at current prices, awaiting the next catalyst that could propel Bitcoin to new highs.
Data from CryptoQuant, for example, suggests that Binance BTC inflows from both groups have dropped to their lowest levels since the beginning of this cycle – a pattern that indicates a strong preference for holding rather than selling.
As Bitcoin maintains its footing amid rising geographical tensions, a new project that could help its actualize its medium and long-term targets of $150k, $250k, $500k, and ultimately $1 million is gaining significant traction. Dubbed BTC Bull, this project dedicates its entire roadmap and tokenomics to amplifying Bitcoin’s growth potential and incentivizing early investors.
As Bitcoin pulls off another bull run, smashing the $150k, $200k, and $250k marks, the project will reward presale investors with free BTC airdrops. There will also be token burns each time BTC rises by $25k after $100k, ensuring that BTCBULL also grows with Bitcoin.
With less than two weeks to the end of its presale, BTC Bull has seen impressive demand from all corners of the investing community, raising over $7 million.
Famous YouTubers including Crypto Zeus have featured BTC Bull in their recent videos, predicting an explosive debut as it prepares to hit exchanges.
Solana
Like Bitcoin, Solana also felt the weight of the heightened selling pressure witnessed by crypto assets over the past 24 hours. Still, smart money traders are drawn to SOL, positioning to benefit from its short-term price swings.
SOL is trading around $147, having struggled for consistency since hitting its all-time high of $295 earlier this year. However, experts believe that the recent developments around the coin could act as a bullish trigger.
Crypto platform Bybit recently launched Byreal, a decentralized crypto exchange on the Solana blockchain.
More so, European asset manager CoinShares submitted a SOL spot ETF proposal with the SEC. With this filing, CoinShares joins seven other firms, including VanEck, Fidelity, and Grayscale in the SOL ETF race. Crypto analysts are optimistic about the launch of a Solana ETF, with Bloomberg’s Eric Balchunas placing the probability of approval at 90%.
https://twitter.com/EricBalchunas/status/1934569918445563970
Through the SOL ETF, institutional investors could gain more exposure to Solana under a more regulated atmosphere. As seen with BTC and ETH ETFs, such a move could drive heavy capital into Solana, thus boosting its price.
Looking at technicals, the asset is trading within tightening Bollinger Bands, which indicates that price volatility is decreasing. When the bands narrow like this, it often precedes a breakout. For now, the price is hovering near the middle band but is leaning closer to the lower band, which may act as a dynamic support level.
Solana has previously displayed the ability to react positively to market developments after rallying 9.5% following the ETF news. And while several market factors will largely influence its short-term trend, experts believe that the recent ecosystem updates could drive its price upwards soon.
Solaxy
Solaxy, a meme coin project with a Layer-2 architecture, is now considered by leading publications such as Crypto Daily as the best new crypto to invest in this week. This is no surprise, considering its stellar presale performance and unflinching commitment to blockchain innovation.
Among all presale cryptos, Solaxy seems to have gained the most attention, raising over $54 million to date. SOLX’s early success goes far beyond its meme aesthetics. Rather, it stems from its innovative approach to delivering maximum scalability and seamless cross-chain activity on two of the world’s most popular blockchains – Solana and Ethereum.
Solaxy’s L2 ecosystem comes loaded with advanced tools such as ZK rollups, a Hyperlane-powered multi-chain bridge, and data availability solutions like Celestia – all of which could streamline asset flow between the two networks, ensuring a cheaper, faster, and more efficient blockchain experience.
The project’s much-anticipated testnet is now live, giving developers and users a chance to explore its capabilities firsthand. In fact, the most hyped product within the ecosystem – Igniter Protocol is already in the works. This tool will empower users to create their own tokens directly on Solaxy’s Layer-2 chain with ease and speed.
It’s only a matter of days before SOLX makes its exchange debut, though investors still have one last chance to buy below the listing price. And as the project’s L2 ecosystem continues to grow in popularity, so will SOLX. It’s little wonder that experts are calling it the next billion-dollar meme coin.
Snorter
Snorter is yet another top crypto that has successfully positioned itself on the watchlist of degen investors.
Its biggest selling point? An all-in-one Telegram-based trading assistant designed to automate meme coin trading, allowing degens to jump on emerging opportunities within a single interface.
Already popular as the fastest trading bot on Solana, Snorter is packed with powerful features to enable traders spot, snipe, and manage on-chain tokens within seconds.
However, it doesn’t sacrifice the security of user funds for speed. That’s why it comes loaded with MEV-resistant relayers to prevent front-running, honeypots, and sandwich attacks. This makes it a far more reliable tool for maximizing profits in this bull run compared to other trading bots.
As the broader market braces up for the next bull run, Snorter is already making waves, surpassing the $1 million mark just two weeks into its ICO. Currently available at a discounted rate of $0.0953, Snorter ranks high among the most undervalued cryptocurrencies with explosive potential.
SUBBD
In 2024 alone, the creator economy generated over $32.28 billion in revenue, with projections indicating a 13.9% annual growth by 2030.
Despite this staggering value, most creators receive only a penny, losing significant portions of their income to Web2 platforms.
SUBBD enters the market to change the game, harnessing the power of artificial intelligence and blockchain technology to democratize content creation and monetization.
The platform enhances user engagement with AI-powered assistance, streamlining content production management and enabling seamless, frictionless payments.
Fans will also be able to easily access token-gated content, engage in real-time interactions with their favorite creators, and enjoy exclusive perks – including staking yields, voting rights, and other VIP benefits.
And with over 2,500 creators already onboard, SUBBD is on track to be an instant success. Momentum is building fast, with the token presale raising nearly $800k raised within a few weeks.
As crypto adoption accelerates and creators hunt for more rewarding digital experiences, SUBBD presents itself as a suitable solution for those looking to keep more of what they earn.
Fartcoin
Fartcoin is making headlines again after its modest intraday price increase caught the eyes of degens and crypto fans alike. The coin gained over 2% over the past 24 hours, partly driven by rumors of a possible listing on Binance. Right now, the coin has reclaimed the $1.1 mark, further strengthening its position above key support zones.
With talks building up around a possible Binance listing, Fartcoin is witnessing fresh interest, making it a strong contender for top crypto to invest in this week. Technicals underpin this bullish outlook. Despite the neutral market sentiment, ten CoinCodex moving average indicators are flashing buy signals.
Besides, the MACD indicator appears to be shifting in favor of the bulls. Although the MACD is still slightly below the signal line, the histogram has recently flipped positive, suggesting that a crossover could be imminent. Previously, similar crossovers on this chart have preceded short-term rallies. As such, a confirmed crossover could act as a catalyst for further upward movement.
Fartcoin’s price also appears to be forming a base around the $1.10 level, where buyers have repeatedly stepped in. Experts believe a breakout could be on the cards with the Bollinger Bands coiling tightly around this region.
A strong close above $1.13 with strong volume and a confirmed MACD bullish crossover could propel the coin to the $1.15 and $1.20 range. Market commentators are confident of this push, pointing to increased trading volume and active addresses.
According to them, this increased momentum and market hype could drive capital inflows into the asset. Smart money traders and degens now view this level as a strong base for further upside.
Conclusion
While short-term downside volatility remains, technical projections from chart patterns, most especially the widely tracked “golden cross” point to a structured bullish continuation for Bitcoin.
Historically, golden crosses have preceded mega rallies, with average gains north of 20% in previous cycles. If history repeats itself, Bitcoin could achieve its $150k target, even earlier than anticipated.
Other key factors, including the possibility of the Fed keeping the rates steady later today further upholds this bullish outlook, hinting that new highs could be ahead for Bitcoin and altcoins.
With this in mind, market participants are already searching for the top cryptos to invest in this week.
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