Institutional support, progressive regulations, and public companies willingly entering the crypto space have boosted the cryptocurrency market cap to its all-time high. Now above $4 trillion, the market is at a place where even the most skeptical are considering crypto’s mettle.
However, that does not mean all cryptocurrencies will get the shine. The quest to find the best crypto to buy now means understanding the difference between emerging cryptos that only exist to capitalize on the bullish wave and those with strong fundamentals that could be used for long-term plays.
Crypto Market Cap Now at Its All-Time High: What’s Next?
With the cryptocurrency market cap crossing $4 trillion, the digital asset ecosystem is only $19 trillion away from gold, which currently has a market cap of $23 trillion. While crypto still has a way to go to reach gold-level popularity, progressive governments around the world are pushing the BTC agenda, which means there is hope that by 2030, it may be possible for the digital asset economy to outsize traditional finance.
For now, however, eyes are on the macro movements, as whenever there is a major momentum surge in the cryptocurrency market, there is anticipation for a correction.
One of the core issues that has emerged is the “August Curse,” which has led major names in the financial niche to believe that Bitcoin could slump to the 5-digit zone soon.
One of those names is Robert Kiyosaki, who recently discussed that the August Curse could push the BTC price below $90K.
While the “curse” has no scientific basis, history tells us otherwise. In 2024, this curse pushed the market down from $2.4 trillion to $1.48 trillion due to a “Black Monday” event. And now, the market is waiting for the ball to drop.
That being said, the institutional stake in crypto today is far more than it was before. With MicroStrategy pushing for more Bitcoin, and BlackRock focusing heavily on Ethereum and BTC, major players are standing at the ready to keep the digital asset ecosystem above water.
In terms of regulations, Trump’s moves have been a godsend. Although his tariff moves and downright fundamentalist measures have made the market volatile, Bitcoin has reached its ATH level under his reign. And now, the BTC price has once again moved above its $120K mark, and this time, it has been the result of El Salvador’s crypto-positive moves.
The country has launched Bitcoin Banks, which means under a new law, eligible banks (banks with over $50 million in capital) will now be permitted to hold Bitcoin and other digital assets.
Bitcoin Price: What Do the Technicals Say
A surge, followed by a falling channel, then another surge, followed by another falling channel: this has been the Bitcoin price trend so far. Each corrective or consolidation phase is smaller than the last, and so is the price increase. With that in mind, $123K is Bitcoin’s current resistance level. If the king coin is able to move above it, September may see the crypto moving past the $130K mark and reaching a new ATH.
This speculation does not take the August Curse into account, however, especially since it is controversial and so far the market has not shown a lack of interest. Greed is high, and the ecosystem is bullish.
Is Bitcoin the Best Crypto to Buy Now?
The market will give users the impression that Bitcoin could be the best bet right now, and they would be right if they want something to hold for the long term. However, when it comes to new entrants into the cryptocurrency space, the best options lie among low-cap assets as well as crypto presales.
Low-cap assets have a higher chance of growth, and crypto presales have that early mover advantage. So, for those looking for parabolic gains to knock at their doors, the following ICOs are the best picks.
Bitcoin Hyper
Bitcoin Hyper could be a strong beta-play on Bitcoin, as this Bitcoin-inspired meme coin does everything to pull BTC out of its limited use cases. Designed as the world’s first L2 solution for Bitcoin, Bitcoin Hyper leverages the Lightning Network, Solana Virtual Machine, and Canonical Bridge to offer users something new.
The idea is to inject utility into the Bitcoin network so that it can support smart contracts and host Bitcoin-enabled decentralized applications and NFTs. The idea of a new emerging project making moves to enhance an existing ecosystem is not new. However, it seems like Bitcoin Hyper is serious about its approach, considering the deep discussion it shows around how it will achieve its vision.
The team has already stealth-dropped its devnet, and the project is now running Solana programs natively on its Bitcoin-anchored roll-ups.
Per the latest tweet, it seems developers will now be able to use standard Solana CLI tools on this “Bitcoin-enabled network.” This could be seen as a major milestone for a meme-driven project. And since it has already helped Bitcoin Hyper raise over $8 million, it is clear that people are interested in this project.
Therefore, as Bitcoin reaches new highs, Bitcoin Hyper could be the token to gain the most out of that growth, potentially giving early movers the gains they are aiming for.
TOKEN6900
Taking a complete left turn from a utility-driven narrative, TOKEN6900 is a purely speculative token that understands the core reality of the cryptocurrency market: fundamentals go sideways when the community is strong.
It believes that any meme coin, regardless of how senseless its narrative is, could become a strong bet in a bullish market if its community of degenerates is willing to give it a shot.
This combination of degeneracy and senseless narrative can be seen on TOKEN6900’s official website, which gives off a 90s vibe with its aesthetics.
On Twitter, however, the tweets are full of Gen Z brainrot AI slop content. Most things don’t make sense, and the randomness of events showcased in the AI-driven memes highlights that “meme coin lovers will buy anything if they think it is funny.”
Proof of that is the fact that TOKEN6900 has managed to raise upwards of $1.7 million by riding its “non-utility narrative” and is positioned as a strong contender to SPX6900, another meme coin with similar aesthetics and a similarly irreverent take toward “cryptos with use cases.”
TOKEN6900 presents a high-risk, high-reward scenario, and analysts like Borch Crypto have said that this could be a “millionaire maker” that people are looking for in the bull market.
“It’s a parody of a parody, and it is not a huge presale,” the YouTuber said, expressing that since the ICO isn’t big, the room to grow is bigger.
Snorter
The developers describe Snorter as a Solana meme coin trading bot designed on Telegram for accessibility and for finding robust meme coin opportunities.
And from what analysts have seen so far, it is true. Snorter is a Solana meme coin trading bot active on Telegram and equipped with automated sniping tools as well as scam protection features.
Per the whitepaper, users will be protected from honeypot projects and rug pulls. The bot is quick, which would also help investors avoid frontrunners.
On top of that, Snorter is also a strong meme coin, featuring an aardvark as its mascot. This animal is unique in the sense that its nature has been connected to the utility of Snorter.
Snorter thus presents a multi-faceted meme asset that could maintain long-term relevance thanks to its use case. With close to $3 million raised already, Snorter is gaining enough momentum to benefit from the thriving digital asset economy at the moment.
Conclusion
The crypto market smashing through $4 trillion for the first time ever is evidence that the market is more bullish about crypto than it has ever been. However, it is also a time to take each step carefully. Just seeing Bitcoin inch closer to its new high and buying is not a good idea, since every surge is followed by a correction.
Therefore, diving into crypto presales is a much better bet right now. The top cryptos could be found among them, but whether they generate long-term interest post-listing will depend on market feedback.
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