Crypto prices are down today, but smart traders aren’t sweating. They’ve been here before, and most likely, they’ll be here again. Those familiar with crypto market dynamics understand that explosive recoveries often follow sharp pullbacks – that’s why seasoned traders are buying the dip.
But what are the best crypto to buy now? This article explores our top three picks.
Solaxy:
Solaxy is building the first-ever Solana layer 2 blockchain to tackle the network’s congestion issue. It will use off-chain computation to handle some of Solana’s workload.
However, it won’t just process Solana transactions at the same rate as the layer 1; it will use transaction bundling technology to make things cheaper, faster, and more reliable.
For those using Solana, bridging to Solaxy will be a no-brainer. And since Solaxy uses the same code as Solana, developers can easily migrate apps and tokens there. This means it’ll have a thriving ecosystem in no time.
And right now, the project is undergoing a presale. The presale has raised over $29 million so far, making it the biggest ICO ever on Solana.
It’s also worth noting that another Solana scaling project, Solayer, has gained 10% today, completely defying the market crash.
However, while Solayer is worth $300 million, the Solaxy presale has raised just under $30 million. This reflects the project’s massive room for growth.
OKB:
OKB is the native token of top-five centralized exchange OKX. Holding OKB provides exclusive rewards and benefits inside the ecosystem. For instance, it offers users up to 40% trading fee discounts. This could result in serious savings – especially for high volume traders.
It also opens users to earning potential via the platform’s staking vault, where they can get enhanced returns by holding OKB.
Essentially, what this means for investors is that purchasing OKB is like betting on the growth of the OKX exchange. As platform demand rises, the inherent advantages of OKB mean its demand will rise as well.
OKB has been one of the top-performing cryptocurrencies this week, gaining over 4%.
Meanwhile many top coins, such as Ethereum, XRP, and Dogecoin, are down well over 10%. This hints that OKB could well be among the projects that make the strongest gains as prices recover.
SPX6900:
SPX6900 is a Solana-based meme coin and another project that performed notably well this week, having gained 7%. This aligns with the community’s mantra, which is all about HODLing and being indifferent to short-term price action.
While many crypto traders have panicked this week due to market-wide selling, the SPX6900 community has hunkered down.
Murad Mahmudov, one of the top meme coin analysts, is a central figure in the community. He has relentlessly supported the project since early 2024, and he put his money where his mouth is.
At the peak of SPX69000’s success, Murad’s doxxed portfolio was worth over $50 million. But in the spirit of the community’s diamond handed culture, Murad didn’t sell. Instead, he continues to hold his tokens today, even though $SPX now sits over 70% from its January peak.
Murad had an opportunity to secure generational wealth, but he chose to HODL instead. It’s a massive nod of approval for the project and very likely why community members are unfazed by the recent market crash.
