Top Cryptocurrencies to Consider Purchasing on October 15 – MEW, Hedera, Fantom

Major cryptocurrencies are undergoing volatile yet still optimistic trading conditions as investors hurry to identify the best crypto to purchase now in anticipation of a possible significant increase in the latter half of October.

Pro-crypto former US President and Republican Presidential candidate Donald Trump is leading in swing state polls and betting markets as the November election approaches.

Trump’s lead has reached another record high against Harris.
Trump • 57.7% chance
Harris • 41.9% chance pic.twitter.com/jYUO5Mg3WR

— Polymarket (@Polymarket) October 15, 2024

As excitement for a Trump win grows, the “Trump trade” is gaining momentum, with Bitcoin (BTC) approaching $68,000 earlier in the session before retreating to just below $67,000.

The Trump trade is arriving at an opportune moment – October is typically the most favorable month of the year for Bitcoin and major cryptocurrencies, with the majority of these gains occurring in the latter half.

Bitcoin’s momentum may continue to strengthen, potentially driving it back to all-time highs in time for the US election.

This positions it as a strong contender for the best crypto to buy now.

Nevertheless, some highly risk-tolerant crypto investors may seek larger upside potential and look for higher beta opportunities.

Here are several altcoins that could be the best crypto for them to consider purchasing at this time.

Best Crypto to Buy Now – Which Are They?

Cat in a dogs world (MEW)

A playful Solana meme coin known as cat in a dogs world (MEW) is among the top gainers on Tuesday.

it’s a dogs world… but times are changing… i am a cat :3
pic.twitter.com/VXH10c68We

— MEW (@MewsWorld) October 14, 2024

As per CoinMarketCap, the meme coin has increased by 16% in the last 24 hours and is testing resistance around $0.0090.

MEW’s technical indicators appear favorable, with the coin consistently recording higher lows in recent months.

This suggests that an upward breakout may be imminent.

MEW’s market capitalization was last just under $800 million. However, it could soon evolve into the next billion-dollar meme coin and is a strong candidate for the best crypto to buy now.

Hedera (HBAR)

Hedera (HBAR), a public, open-source, decentralized dApp-focused blockchain network, is another cryptocurrency exhibiting strong momentum on Tuesday.

HBAR was last reported up 6% on the day in the $0.056 range, according to TradingView, having recently moved back above its 50-day moving average.

If it can break above its current range, a rapid rally of more than 3x back to April highs in the $0.018 area could be expected.

This makes it another strong candidate for the best crypto to buy now.

Fantom (FTM)

Another cutting-edge layer-1 blockchain protocol, Fantom (FTM), is among the top performers on Tuesday.

FTM has risen by 7% daily, according to CoinMarketCap, and has just reached its highest level since June, near $0.80.

Fantom is recognized as one of the highest beta layer-1 protocols and could quickly rebound to yearly highs above $1.20 if a new crypto bull market is underway.

However, traders seeking the best crypto to buy now should consider more than just the major altcoins mentioned above.

If they possess the risk tolerance for it, they might also want to explore crypto presales, which could offer 20-50x opportunities.

Of course, presales carry risks, as much depends on the team’s ability to fulfill their commitments and the project’s capacity to gain market traction.

Thus, investors should conduct their own due diligence prior to making any investments.

Cryptonews.com’s compilation of top presales to consider this October could serve as a useful starting point for interested readers.

15 Best Crypto Presales to Invest In Now

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