Most major cryptocurrencies struggled on Friday, trading modestly in the red over the past 24 hours, sending investors hunting for the best crypto to buy now to altcoin markets.
Pre-US election nerves could keep price action subdued in the weeks ahead.
But altcoins with strong narratives could continue to perform well.
Here are some strong candidates for the best crypto to buy now.
Best Crypto to Buy Now – Which Are They?
Safe (SAFE)
The security and ownership-focused smart contract protocol Safe (SAFE) led the crypto market on Friday, up 20% in 24 hours, according to CoinMarketCap.
SAFE’s latest jump comes from Binance listing a perpetual contract, indicating growing interest or liquidity in the token.
SAFE’s approach to enhancing security and usability across multiple blockchain networks makes it a strong candidate for the best crypto to buy now.
Its recent partnerships and the considerable volume processed by its smart accounts showcase strong adoption and utility in the DeFi space.
ApeCoin (APE)
ApeCoin (APE) is another strong performer on Friday, pumping 18% in the past 24 hours per CoinMarketCap.
APE was last at $1.18 and is looking to retest its recent highs in the $1.70s.
Apecoin (APE) surged earlier this month after the launch of ApeChain, which greatly enhances the ecosystem’s interoperability and utility through features like cross-chain bridges.
Automatic Yield Mode was also activated for APE staking on ApeChain, allowing for enhanced passive income through APE staking.
Bored Ape Yacht Club affiliated project ApeCoin’s constant efforts to innovate, stay relevant, and consistently grow its community suggest a strong longer-term outlook for the project.
APE could easily be the best crypto to buy now.
However, meme enthusiasts might be able to secure even better returns by investing in newer and smaller meme coin projects.
Here are analysts at Cryptonews.com’s top picks this month.
21 Best New Meme Coins to Buy in October 2024
Is Bitcoin Cash (BCH) the Best Crypto to Buy Now?
Bitcoin Cash (BCH) could be another strong candidate for the best crypto to buy now.
According to Cryptonews.com analyst Crypto Chester, BCH is undervalued right now relative to Bitcoin, which has performed exceedingly well this year.
He explains why it’s a crypto on his radar in the video below.
The post Best Crypto to Buy Now October 25 – Safe, ApeCoin, Bitcoin Cash appeared first on Cryptonews.