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Aptos (APT)
Much hyped layer-1 blockchain protocol Aptos (APT) is probing its highest levels for more than 1-year. APT was last up 10% on Friday in the $16s, as per CoinMarketCap. The token is eyeing a quick retest of its 2023 highs above $20. Aptos was developed by a team of well-connected ex-Facebook employees who were behind the social media platform’s failed Libra cryptocurrency. Aptos could become a leading blockchain in the coming years. That suggests its market cap of $6.3 billion and fully diluted market cap of $17.5 billion could be undervalued. Aptos could well be the best crypto to buy today.
Internet Computer (ICP)
Up nearly 10% in 24 hours, Internet Computer (ICP) is one of the best-performing cryptos on Friday. ICP for now remains stuck in its multi-week $10-16 range. That leaves it still down over 96% down from its record peaks from 2021 around $350. Its modest market cap of currently just $6.2 billion suggests there is plenty of room for growth. ICP may not hit its 2021 highs soon, but 10x gains are certainly on the cards. That means it could easily be the best crypto to buy today.
Fantom (FTM)
Layer-1 blockchain protocol Fantom’s FTM token has pumped up 8% in the past 24 hours, as per CoinMarketCap. In the past 30 days, Fantom has pushed 180% higher. That makes it one of the best performing major cryptos in the world. Fantom’s upcoming “sonic” upgrade could be behind the recent outperformance. Last just above $1.10, FTM is still over 70% down from its 2021 highs. Given that FTM could easily post 3x gains this bull market, it is a good candidate for best crypto to buy today.
Crypto Alternatives to Consider
All of the above coins offer potential investors a great chance to make 10x gains. But, for those looking for a better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in crypto presales. This is where investors buy the tokens of upstart crypto projects to help fund their development. These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors. Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform. If an investor can identify such projects, the risk/reward of their presale investment is very good.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.