Rather than waiting on large-caps, the favorable go-to strategy will be to move smart money into altcoins that are seeing institutional adoption and enjoy the biggest profit margins in this bull cycle.
Litecoin, HBAR are two popular names that fit this narrative, described by some analysts as the best crypto to buy now; both assets have the potential to reap outsized returns for investors.
Another project heading towards the moon this summer is Remittix (RTX). This relatively new project is growing in market appeal amongst crypto participants; many among them can’t wait to exploit the unique DeFi capabilities of the PayFi platform when it launches.
In the following paragraphs, we will look at all three projects to investigate whether they fit the label of the ‘best crypto to buy now.’
Litecoin (LTC): Fresh Institutional Involvement, A Catalyst for High Upsides
A new Litecoin Fund was recently launched with $100 million in backing from MEI Pharma, bringing LTC deeper into the market scene. This development was made possible with the liaison of Charlie Lee, the Litecoin creator, who is now taking an active role by joining the board of directors.
Several market participants have interpreted this calculated alignment as one that favors the broader acceptance of Litecoin in corporate treasuries. From a technical standpoint, Litecoin is also showing promise. It’s forming a double-bottom breakout pattern, which analysts say could set LTC up for at least a 24% rally if it breaks the neckline resistance at $77.
Hedera (HBAR): On a Bullish Path
Akin to the whale activity surrounding Litecoin, Hedera’s HBAR token is starting to attract large investor inflows, signaling strong confidence ahead of a possible price explosion. Over the past month, Hedera’s on-chain indicators have lit up. Whale wallets holding millions of dollars worth of HBAR have become increasingly active, with many accumulating aggressively.
What’s more is that some analysts have even drawn a comparison between HBAR’s projected price path in this cycle and XRP’s historical breakout, suggesting that HBAR could eventually mirror XRP’s trajectory to $3 and beyond.
This kind of market potential makes HBAR one of the best cryptos to buy now, before parabolic rallies kick in.
Remittix (RTX): Unique DeFi Capabilities Will Boost Adoption and Market Value
Remittix is a PayFi platform built to make cross-border crypto payments as fast and direct as sending a text. Here, the usual centralized exchanges and traditional intermediaries are removed from the equation, allowing users to convert crypto straight into fiat to crypto without friction.
RTX is labeled by many as the best crypto to buy now; here are some of the reasons:
- Real-time FX conversion with transparent rates.
- Perfect payment network for freelancers, businesses and global earners
- Remittix is built for crypto natives and everyday users, not just for whales and early adopters.
- Supports 40+ cryptos and 30+ fiat currencies at launch, making it a globally relevant utility from day one.
And there’s more. Remittix is giving away $250,000 worth of RTX tokens!
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
The post Best Crypto To Buy Now: Litecoin, HBAR and Remittix Set To Soar This Summer and Beyond appeared first on Blockonomi.
Source: https://blockonomi.com/best-crypto-to-buy-now-litecoin-hbar-and-remittix-set-to-soar-this-summer-and-beyond/