Best Crypto to Buy Today March 11 – FLOKI, Theta Network, Near Protocol

Best Crypto Bitcoin

Author

Michael Davis

Author

Michael Davis

About Author

Crypto market analyst & on-chain data enthusiast. Breaking down trends, narratives & cycles in BTC, alts, and macro. 🧠 Deep dives, smart money moves & alpha for the coming bull run. Stay ahead of...

Author Profile

Share

Copied

Last updated: 

March 11, 2024

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

As Bitcoin (BTC) pushes into the $72,000s for the first time ever and Ether (ETH) rallies to the north of $4,000, crypto investors are assessing which might be the best crypto to buy today.

Strong spot Bitcoin ETF demand ahead the supply shock of the Bitcoin halving has propelled Bitcoin higher in recent weeks.

This has bled across to other sectors of the crypto market, with major meme coins outperforming notably in recent weeks.

Bitcoin looks to be on course to hit $100,000 in the coming weeks and months.

Some are even betting it could reach six digits before the April halving.

Ether, meanwhile, looks to be on course to soon clinch new record highs.

With the outlook for both cryptocurrencies looking very strong, both BTC and ETH are integral to any crypto investor’s portfolio.

But with BTC and ETH’s potential gains in the 2-3x range, highly risk-tolerant crypto investors often crave greater upside exposure.

That’s why they often turn to altcoin markets to hunt for lesser-known but high-potential cryptos.

Here are some of Monday’s best-performing altcoins, each of which could be the best crypto to buy today.

Best Crypto to Buy Today

Theta Network (THETA)

Novel “dual network” Theta Network is one of the best-performing cryptos on Monday, up 25% in 24 hours.

THETA’s price pumped to as high as $ 3.80 earlier, its highest since April 2022.

It has since retraced to around $3.65 per token.

But since pushing above $2.30 resistance, there is a clear path to resistance at $4.50.

Theta Network combines a smart-contract-enabled layer-1 blockchain with a data and storage network.

With a market cap of only around $3.6 billion, THETA has plenty of upside left for this bull market.

That’s why THETA could be the best crypto to buy today.

Floki (FLOKI)

FLOKI (FLOKI), the Shiba Inu meme coin that was created in honor of Elon Musk’s pet Shiba Inu dog, is a leading coin on Monday.

As per CoinMarketCap, it was last up 21% in 24 hours, with its market cap surpassing $2.5 billion.

But with Dogecoin and Shiba Inu both valued above $20 billion, it could have a long way higher to run.

That’s why, despite having already pumped a long way, it could be the best crypto to buy today.

NEAR Protocol (NEAR)

Layer-1 protocol NEAR Protocol (NEAR) is up around 20% in the past 24 hours, as per CoinMarketCap.

Last just above $7.0, NEAR recently hit its highest-ever levels.

Amid a lack of notable upside resistance levels, the sky is now the limit for NEAR.

With a market cap of currently only slightly above $7 billion, if it continues to garner widespread adoption, NEAR Protocol has the potential to still rally 5-10x from here.

That’s why NEAR could be best crypto to buy today.

Crypto Alternatives to Consider

All of the above coins offer potential investors a great chance to make 10x gains.

But, for those looking for a better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in crypto presales.

This is where investors buy the tokens of upstart crypto projects to help fund their development.

These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.

Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.

If an investor can identify such projects, the risk/reward of their presale investment is very good.

The team at Cryptonews spends a lot of time combing through presale projects to help investors out.

Here is a list of 14 of what the project deems as the best crypto presales of 2023.

See the 14 Cryptocurrencies