Top Cryptocurrencies to Consider Purchasing on September 25 – Sei, Popcat, Notcoin

As Bitcoin (BTC) appears to be hovering around its 200DMA, traders are shifting their focus to the altcoin markets in search of the best cryptocurrencies to purchase at this time.

While Bitcoin may soon rise amid positive sentiment regarding a Fed-driven global central bank easing cycle, the return of altcoin season could also be on the horizon.

If the previous cycle resembles this one, #Altcoin season should commence within the next 50 days… pic.twitter.com/FRpvhrbSXC

— Crypto Rover (@rovercrc) September 22, 2024

The altcoin season index from Blockchaincenter.net remains low at just 31.

A score below 25 indicates a Bitcoin season, while a score above 75 signifies an altcoin season.

However, the index is beginning to show signs of recovery since hitting lows below 20 in June, July, and August.

October is generally a robust month for Bitcoin, but it could also lead to enhanced performance for significant altcoins.

Indeed, if Bitcoin were to break out to new all-time highs next month and approach $100,000 by year-end, driven by US election uncertainties and the delayed bullish effects of the BTC halving, this could trigger a surge in risk appetite that might allow altcoins to excel.

It is not surprising that traders eager to stay ahead are actively exploring altcoin markets for the best cryptocurrencies to buy now.

Here are some strong performers from Wednesday that could be top candidates for the best crypto to buy now.

Best Crypto to Buy Now – Which Are They?

As per CoinMarketCap, the layer-1 blockchain protocol Sei (SEI), the cat-themed Solana meme coin Popcat (POPCAT), and the Telegram-based tap-to-earn game Notcoin (NOT) are the leading crypto performers today, with gains of 24%, 13%, and 10% respectively over the past 24 hours.

After surging past key resistance at $0.42 on Tuesday, SEI is currently testing its 200DMA.

At this moment, sellers are keeping its price below this crucial moving average.

However, SEI has shown strong momentum since breaking a multi-month downtrend last week.

It may only be a matter of time before SEI surpasses its 200DMA, potentially paving the way for a rapid rally back to yearly highs in the $1.10s.

Considering the potential for quick near 3x gains, SEI could easily be regarded as the best crypto to buy now.

Meanwhile, POPCAT has just reached new all-time highs above $1.0, becoming the latest $1 meme coin.

Positive technical indicators suggest that POPCAT might be on the brink of a rapid 3x increase.

This is due to the price being confined below $1 for several months while consistently posting higher lows, indicating a price squeeze.

Such price squeezes often occur prior to significant bullish breakouts.

Popcat could easily be considered the best crypto to buy now, or at least the top meme coin, given its relatively small market cap of around $1 billion, which leaves ample room for growth.

However, for meme coin investors seeking larger than 3x returns, meme coin presales may present a more advantageous opportunity.

Meme coin presales provide investors with a chance to engage with a highly promising project before it gains widespread popularity and at a favorable market cap.

Readers interested in learning more should refer to Cryptonews.com’s compilation of the best meme coin presales available now.

19 Best Meme Coin Presales to Invest In Now

Lastly, the final contender for the best crypto to buy now on this list is Notcoin, which has been experiencing significant upward movement.

However, NOT has yet to surpass its 50DMA and is only approximately 17% above its recent triple bottom low.

This indicates that it may still be early for investors to re-enter the crypto, assuming it is poised for a substantial increase.

As a prominent game on the TON blockchain, a rise in risk appetite would likely lead to outperformance for NOT.

The post Best Crypto to Buy Now September 25 – Sei, Popcat, Notcoin appeared first on Cryptonews.