Top Cryptocurrencies to Consider Purchasing on November 26 – INJ, FTM, PEPU

On Tuesday, Bitcoin (BTC) bears are dominating the market, and with most altcoins also experiencing declines, investors are actively searching for the best cryptocurrencies to purchase now to take advantage of the market downturn.

As reported by CoinMarketCap, Ethereum (ETH), Solana (SOL), BNB (BNB), and XRP (XRP) have all decreased by 4-7% over the last 24 hours.

The initial pullback was triggered by profit-taking, but the liquidation of overly enthusiastic bulls holding leveraged long positions could now be influencing the market movement.

According to CoinGlass, nearly $600 million in futures positions were liquidated in the past 24 hours.

Bitcoin bulls are currently assessing the optimal point to re-enter the market.

A drop below $90,000 is a strong possibility but may be quickly absorbed, paving the way for a potential rise above $100,000 next month.

With Bitcoin possibly poised to surge past $100,000 in 2025, it stands out as a strong candidate for the best cryptocurrency to buy now.

However, Bitcoin breakouts similar to those observed in recent weeks frequently precede the onset of a new altcoin season.

Bitcoin’s dominance, currently around 58.7%, may be on the verge of trending downward again after a consistent upward movement for nearly two years.

This could indicate that a significant altcoin surge is imminent. Numerous undervalued altcoin opportunities could soon experience 5-10x increases.

Here are some altcoins that performed well on Monday and may represent the best cryptocurrencies to buy now.

Best Crypto to Buy Now – Which Are They?

Injective (INJ)

The DeFi-centric blockchain protocol Injective (INJ) showed strong performance on Tuesday, surpassing $30 for the first time since June.

The altcoin is targeting a retest of its summer highs in the $33 range. A breakthrough above this level could potentially initiate a rally back to yearly highs around $53.

INJ’s robust momentum, despite the overall market’s bearish trend, indicates that when the broader market recovers, INJ could be well-positioned for significant gains. Consequently, it is a strong candidate for the best cryptocurrency to buy now.

Fantom (FTM)

Fantom (FTM) displays similar strong momentum, having increased by 9% in the past 24 hours according to CoinMarketCap, rising above $1.0.

FTM is nearing a test of the highs it reached back in March, exceeding $1.20. A breakthrough here could lead to a rapid return to record highs around $3.20.

The potential for quick 3x gains positions FTM as a strong candidate for the best cryptocurrency to buy now.

Pepe Unchained (PEPU)

Despite the overall market decline, the promising new meme coin Pepe Unchained (PEPU) has maintained exceptionally strong presale momentum.

The presale has now exceeded $53 million, with the $PEPU launch in 16 days expected to be one of the most significant and explosive token launches of 2024.

With the current meme season underway, it is an ideal time for a major new meme coin launch.

Pepe Unchained, a new meme-focused Ethereum layer-2 scaling solution, has a market capitalization of approximately $100 million.

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Pepe Unchained is coming. And it’s going to shake up the crypto space. pic.twitter.com/ZVnvgO6MGF

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Given its remarkable presale success and the substantial hype surrounding the token launch growing across social media, $PEPU exhibits all the characteristics of a future multi-billion token. This suggests it is a strong candidate for the best cryptocurrency to buy now.

Buy Pepe Unchained Here

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