While Bitcoin and Ethereum are red this week, several altcoins display impressive resilience.
And projects that outperform in bearish periods have the best chances of booming in bullish periods.
With that in mind, here are the three best crypto to buy now:
BTC Bull Token
BTC Bull Token is a Bitcoin-themed meme coin and the first cryptocurrency to pay real Bitcoin rewards. Right now, the project is undergoing a presale and has raised a whopping $4.4 million.
It will airdrop presale investors $BTC and $BTCBULL tokens at key milestones on Bitcoin’s journey to $1 million. For example, holders will get Bitcoin airdrops when BTC hits $150k and $200k. There are also staking rewards that will enable investors to compound their gains further, with the APY currently 95%.
Lastly, the project has a burning mechanism that will periodically destroy $BTCBULL at key Bitcoin price milestones. This makes the token deflationary and means that any incoming demand can better impact its price.
While carrying the lightheartedness of a meme coin, BTC Bull Token is built on cutting-edge tokenomics and generous community rewards. This combination could result in serious gains for $BTCBULL presale investors.
Cosmos
One of the biggest issues blockchains face is fragmentation. Different blockchains are separated from one another, leading to liquidity and development inefficiencies as well as a more complex user experience.
Cosmos is one of the projects tackling this head-on with the “interchain,” a so-called layer 0 blockchain that acts as a communication layer between layer 1 networks.
Using the Cosmos SDK, developers can create their own layer 1 blockchains and be interconnected with the broader Cosmos ecosystem, which negates the fragmentation issue.
Some of the top Cosmos projects include Celestia, Cronos, Osmosis, and Akash Network.
Cosmos devs are also working on extending its Inter-Blockchain Communication (IBC) to join the Ethereum Virtual Machine ecosystem.
This was announced earlier this week and has contributed to the Cosmos price outperforming the market with an 8% pump today and 1.7% this week.
EOS
Look at the crypto top gainers this week, and you’ll see that EOS is miles ahead of anything else. For some context: EOS is a layer 1 blockchain launched in 2017 and was one of the first so-called “Ethereum killers.”
It lost the wind from under its sails due to heightened competition from chains like Solana, but a strategic rebranding has provided new life to the project.
No longer is EOS trying to go tit-for-tat with Solana and Ethereum, it’s shifting its focus to Web3 banking. The project is rebranding to “Vaulta” and will introduce a banking advisory group to help onboard banks to the blockchain.
Banks and institutions are quickly awakening to the power of blockchains, with Larry Fink, CEO of the $11.5 trillion asset manager BlackRock, recently saying “Decentralized finance is an extraordinary innovation. It makes markets faster, cheaper, and more transparent.”
EOS is tapping into the growing institutional appetite for Web3, and this provides it with huge growth potential.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
