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Top Altcoins to Buy After the Bitcoin Halving – Stacks, CoreDAO, DogWifHat

The crypto market has started the new week on quite a strong note. For investors looking to make the most of crypto gains, it is easy to wonder, what cryptos will explode today? 

If you are in a dilemma about the best cryptocurrency to buy today, you have come to the right place. This article narrows down cryptocurrencies that have shown strong momentum early in the week, a key precursor to FOMO buying. The idea is to ensure that investors can choose cryptocurrencies likely to deliver above-average performance at a time when bulls are taking the crypto market to new highs. 

Top Crypto To Explode Today

In this article, we zero in on the best cryptocurrencies to buy now based on their buildup in momentum today. That’s because the market is coming off a largely directionless weekend, and today’s breakout means the potential for high-potential cryptocurrencies to make new highs today. 

The article takes a look at Bitcoin’s potential now that it looks set to retest its all-time highs, Myro’s tokenomics and their potential to push it to $1, PEPE’s sustained momentum as buying volumes rise, and Shiba Inu’s rise as Shibarium offers a cheaper way to trade SHIB tokens. The article also touches on BONK’s growth potential as investor interest in Solana meme coins continues to rise. 

Bitcoin (BTC)

Bitcoin (BTC) is one of the most watched cryptocurrencies currently, and for good reason. It is the key price determinant in the market. Besides offering market direction, Bitcoin also holds significant potential for gains thanks to the interest it is getting from institutional money. 

As Bitcoin approaches its all-time highs, now just $4k short, investors are excited at the prospects such a move could bring. That’s because in past bull cycles, once Bitcoin broke all-time highs, it made new highs, much higher than the last. 

This time around, expectations are even higher, and it’s all thanks to the fact that Bitcoin is now a mainstream asset. With the ETFs, institutional money has been buying Bitcoin in the billions.  

Such a rush into Bitcoin by institutions comes at a time when the halving is set to slash the total Bitcoin that miners can bring to the market to just 450 daily. This mismatch of demand and supply makes Bitcoin one of the scarcest and in-demand assets today. With such factors at play, it is not hard to see why Bitcoin is one of the best cryptocurrencies to buy today. 

Myro (MYRO)

Myro (MYRO) can’t miss among the top cryptocurrencies with explosive growth potential thanks to its tokenomics. Myro is a meme coin, but its tokenomics are nothing like your ordinary meme coin. While most have a supply in the trillions, MYRO has slightly over 900 million tokens. Even better is that MYRO has a market cap of less than $200 million. This gives the token significant room for value appreciation as the market expands. 

Currently, MYRO is driving a lot of excitement on social media as money starts pouring into meme coins. This makes it one of the best cryptocurrencies for investors looking to ride on the hype of meme coins. For a cryptocurrency that has the potential to hit $10 or more in a full-blown bull market, its risk-return dynamics look good.  

PEPE (PEPE)

PEPE (PEPE) is one of the best-performing cryptocurrencies.  PEPE has gained by 700% in the past week alone, and that momentum is not slowing down. PEPE is riding on the fact that the bull market is here and is also one of the most trustworthy meme coins around. It is community-driven, so investors are sure it is not just another random pump and dump that will leave them holding bags. 

PEPE’s upside momentum will also likely accelerate after Ethereum’s upcoming Dencun upgrade. That’s because it will become much easier to trade in ERC-20 tokens due to the lower fees on layer-2s. This means small investors who may have been shying away from PEPE due to the gas fees will now be incentivized to buy. 

Such potential for an explosion in demand at a time when there is FOMO makes PEPE one of the top cryptocurrencies to invest in today for parabolic gains. 

Shiba Inu (SHIB)

Shiba Inu (SHIB) is another top meme coin performing well at the moment, up by over 200% in the past week. Like PEPE, Shiba Inu benefits from its credibility in the market as investors rush into meme coins for the exponential growth potential. 

Besides the element of credibility, investors love SHIB because of its ease of access. Last year, Shiba Inu launched Shibarium, a platform for trading meme coins. The cost of trading Shiba Inu tokens is almost negligible through this platform. This means even investors with little money to invest are likely to be inclined to invest in Shiba Inu going forward.

All these and the ongoing Shiba Inu token burns make it one of the best cryptocurrencies to buy today for explosive gains. 

Bonk (BONK)

Bonk (BONK) is one of the top-performing cryptocurrencies. Trading volumes are rising, an indicator that bulls are in control. With Bitcoin now headed to its all-time highs, BONK is one of the meme coins that have caught investors’ attention. 

Like PEPE and Shiba Inu, investors are drawn to BONK because it has an element of credibility. Also being a Solana-based meme coin, the costs of buying BONK are negligible. This makes it attractive to a lot of small investors, especially those looking to invest $50 or less. 

Also, the fact that BONK is available on top exchanges like Binance means volumes will keep on rising as bullish momentum builds up across the market. Bonk has the potential to give 1000% or more in gains due to FOMO, making it a cryptocurrency worth buying today.