Top Cryptocurrencies to Invest in Now – Pepe, Arbitrum, Uniswap
Investors are eagerly searching for the best cryptocurrencies to buy in the current market environment. With the possibility of Ethereum ETF approvals in the US, traders are looking for potential gains. While Bitcoin has seen a slight decrease in the past 24 hours, Ethereum has reached new highs above $3,800. Attention will soon shift to the release of the Federal Reserve’s meeting minutes, but Ethereum ETF news is expected to dominate the headlines this week.
If Ethereum ETFs are approved and demand exceeds expectations, Ethereum could surge above $4,000, making it a top cryptocurrency to invest in. However, some traders are looking for higher-risk options with greater upside potential. Here are three strong-performing altcoins that may offer significant gains:
1. Pepe (PEPE): Pepe has experienced a 50% increase in the past two days, reaching record highs above $0.000014. With a market cap just under $5.8 billion, Pepe still has room to grow. Traders are investing in Pepe to capitalize on the growth of the Ethereum ecosystem, and it could potentially see a 5x increase from current levels.
2. Arbitrum (ARB): After underperforming since March, Arbitrum’s ARB token is attempting to make a comeback. It recently surpassed $1.20 for the first time in a month and is now above its 21 and 50-day moving averages. Traders are betting on the growth of the Ethereum ecosystem, which would directly benefit Arbitrum. With a market cap of around $3.2 billion, ARB has plenty of room for growth.
3. Uniswap (UNI): Since the SEC’s u-turn on Ethereum ETFs, Uniswap’s native token, UNI, has been outperforming. Despite receiving a Wells Notice from the agency, UNI has seen a 25% increase in just two days. If it breaks above resistance around the $10 level, it could push even higher and potentially retest yearly highs around $17.
Crypto Alternative to Consider – Sealana (SEAL)
For investors looking for meme coins, Solana has been a popular trading venue. While established Solana meme coins like dogwifhat are a safe bet, their market caps limit upside potential. To potentially see gains of 50-100x, traders should consider newer meme coins. One such coin is Sealana (SEAL), a Solana meme coin featuring a South Park-themed seal mascot. With over $2.2 million already invested, SEAL has the potential for success similar to Slothana (SLOTH), which raised over $15 million in a presale and reached a market cap of over $100 million.
Investors can purchase SEAL by connecting their web3 wallet on Sealana’s official website using SOL, ETH, USDT, or USDC. SEAL is also available for purchase via card.
Disclaimer: Cryptocurrency investments carry a high level of risk. This article is for informational purposes only and should not be considered investment advice. There is a possibility of losing all invested capital.