Bitcoin Falls Under $90,000 – Best Crypto To Buy On The Dip

Following Bitcoin’s (BTC) drop below the $90,000 mark, the broader crypto market faces a downturn. Moreover, nearly all altcoin sectors are entering a red trend. The top ten cryptocurrencies face 5-15% losses over the past 24 hours. So, investors are on the lookout for tokens that could explode following a rebound.

Let’s explore four of the best crypto to buy during this dip that could deliver big returns as the market picks up again.

Solaxy (SOLX) 

Solaxy is making waves in the meme coin sector. Its upcoming Solana-based Layer 2 network can make Solana more scalable. Using a system called rollups, Solaxy aims to make transactions faster and less prone to failure. That could also result in lower gas fees for its users.

SOLX presale has raised over $23.4 million and has over 78,000 supporters across socials. Thus, SOLX is quickly becoming one of the most hyped tokens today.

Currently, SOLX costs $0.001646 each, but it will become more expensive in just two days. So, investors have limited time to enter the presale at a lower entry point.

Meme coin expert Austin Hilton believes the project’s ambitious goal and early presale success set it apart from most competitors in the $55 billion meme coin sector, anticipating an explosive launch for SOLX.

Austin Hilton urges his 335,000-strong audience to enter the presale during its early stages. He also highlighted its impressive 173% staking APY, which allows early investors to nearly 2x their Solaxy holdings long-term.

BTC Bull Token (BTCBULL)

Many established and upcoming meme tokens take inspiration from iconic memes, such as Pepe or Shiba Inu. Conversely, the BTC Bull Token presale is one of the few meme tokens with ties to the leading cryptocurrency, Bitcoin.

BTCBULL’s developers are confident in Bitcoin’s potential to surge above the $250,000 level and have released a unique roadmap. It will see token burns and BTC and BTCBULL airdrops every time Bitcoin adds another $25,000 to its price. That’s starting with the $125,000 mark.

With $2.7 million raised just 15 days since its inception, crypto expert ClayBro believes BTCBULL will explode on launch. He advises his audience to enter the presale while the per-token price remains low, currently at $0.00238.

Highlighting Strategy’s $2 billion investment into Bitcoin, ClayBro expects BTC to soar and trigger a bull run in upcoming months. The expert pointed out that BTC Bull Token holders will see their first BTC airdrop once Bitcoin reaches $150,000. It is a target he considers realistic for the leading cryptocurrency this year.

Bonk (BONK)

Launched in 2022 as one of the first dog-themed coins on Solana, BONK took a year to take off, soaring to a $1.4 billion market cap in late 2023.

Although it entered the market as just another meme token, BONK evolved into a token with utility, boasting an ecosystem of crypto tools, a Telegram-based trading bot, NFTs, and more. Plus, it is accepted as a form of payment in various Solana-based decentralized apps (dApps).

Priced at $0.00001574 seven days ago, BONK dropped to $0.00001261 following today’s market-wide downturn, a level the token hasn’t seen since early 2024. Crypto analyst Nxxn believes the dip represents an excellent investment opportunity given BONK’s growing ecosystem.

The analyst also pointed out that BONK ETFs are in the works, with Rex-Osprey filing for one on January 21st. If a BONK ETF is established, it could bring institutional investment to the meme coin market, potentially pushing BONK past its November 2024 ATH of $0.00005916.

Gigachad (GIGA)

Gigachad debuted in early 2024 as a unique meme token that rallied its community around the viral image of “giga chad,” separating itself from popular dog and frog-themed tokens.

Amassing a cult-like following, the token thrives on speculative value rather than utility, and its community has shown its strength by helping the token close 13 out of the past 14 months with a green candle.

Although GIGA managed to surge from $0.002626 on February 18th to $0.03249, as its community rallied around continuing the trend, GIGA dropped to $0.01874 following the market-wide correction. 

Crypto expert Maddox believes the token’s community will help it explode once a market-wide rally starts, expecting gains of over 200x for Gigachad.

As Murad, a meme coin analyst, expects a “generational run” to kick off following today’s market-wide dip, meme coins with strong communities could see more gains than most. Although the ratio isn’t overwhelmingly bullish, the coin currently enjoys a 1.25 long/short ratio, meaning 55% of traders are betting on its short-term success.