Top Cryptos to Consider Buying as Bitcoin Faces Selling Pressure

Bitcoin is facing tough times due to fresh macroeconomic hurdles, so those searching for promising cryptocurrencies should explore beyond the usual choices and opt for options that align with current trends. 

This article reveals top cryptos to consider buying now, as discussions emerge about whether 2025 will be a bullish year for the cryptocurrency market.

Best Cryptos to Invest in Now - Top 4 Picks

Below is a selection of top cryptocurrencies to consider in a market where the sentiment surrounding Bitcoin is becoming increasingly bearish.

Solaxy - Pioneering Solana L2 Solution 

Solana remains a favored option for those seeking scalable crypto solutions and distinct meme coin ecosystems. However, the current architecture has its limitations, which Solaxy aims to overcome with its innovative L2 solutions.

Promoted as the world's inaugural Layer 2 Chain for Solana, Solaxy is set to deliver unmatched scalability, fostering a robust network where a meme coin universe can flourish within the Solana ecosystem. This project is characterized as a multi-chain initiative, leveraging the advantages of both Ethereum and Solana. 

By merging these features, it is crafting an L2 solution that boosts Solana's speed and eliminates the current downtime issues. The aim is also to build a modular platform that simplifies the creation of unique decentralized applications for developers. 

While it's common for new projects to claim improvements over existing systems, Solaxy's charm lies in its commitment to the meme coin spirit. Its mascot gives it a meme coin vibe, contrasting with the technical details outlined in its whitepaper. This contrast makes it a compelling crypto choice at the moment.

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Meme Index - Decentralized Meme Coin Collection

Meme coin investments are gaining traction due to their incredible potential, even amid challenging market conditions. However, diversifying your cryptocurrency portfolio is crucial, given the complexities involved.

Organizations like VanEck have attempted to create centralized meme coin indices, but their solutions are limited to only well-known meme coins.

The answer lies in a decentralized meme coin index, a solution offered by Meme Index. Although it presents itself as a meme coin project, its core mission is to deliver meme coin indices with varying volatility levels.

Starting with the Meme Titan Index, which includes high-cap, relatively stable meme coins, followed by Moonshot tokens—meme cryptos striving for the top with nearly $1 billion market cap. Next is the volatile Midcap Index, featuring meme coins with market caps ranging from $50 million to $250 million. Lastly, the Meme Frenzy Index includes the most volatile meme coins available.

This adaptability is drawing investors to this meme coin's presale, with over $2.3 million raised so far. Meme Index checks nearly all the boxes for being a top crypto on the market. Influencers like Crypto Gains have already highlighted this project in their videos, appreciating its offerings.

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Best Wallet Token - The Native Crypto of a Leading Wallet

Best Wallet Token serves as the native cryptocurrency for a versatile wallet known for being one of the most practical crypto storage options available. 

The platform offers standard wallet features, but additional benefits like "Upcoming Tokens" are attracting more buyers. This feature enables investors to engage with presale cryptos during their earliest stages, making it perfect for those eager to invest in high-potential cryptos early on.

Additionally, the wallet's high-yield staking options and iGaming features are gaining attention. The token enhances these features and integrates into the Best Wallet DAO, playing a key role in further developing the wallet's capabilities. An exciting BEST Airdrop is also underway, offering another method to acquire more BEST tokens.

With over $7 million raised in the Best Wallet Token presale, the community is showing strong interest in its utility-focused offerings. This early enthusiasm could help this crypto make significant gains in the market once it launches.

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XRP - Drawing Attention with New Record in Open Interest

Recent reports indicate that XRP Open Interest has reached a new peak of $5.42 billion. Open interest, which measures the total market value of open futures trades, is fueling hopes within the cryptocurrency community that XRP might soon follow suit.

Looking at current trends, it seems this optimism might be warranted, as XRP's price on TradingView is exhibiting an upward channel pattern since January 1st. If XRP maintains this trajectory along the channel's lower boundary until early February 2025, it could hit a new all-time high. However, if the price falls below this line, the prediction may not hold.

Beyond the open interest news, the recent launch of Ripple USD, a stablecoin now available on the Ethereum Network, is another factor boosting interest in XRP. 

New on Bitstamp: We've just listed @Ripple USD (RLUSD) on Ethereum network! 💸

Designed to hold a 1:1 value with the US dollar, $RLUSD is backed by cash and cash equivalents.

Ready to trade?

Start today: https://t.co/zgSJe6OzGm pic.twitter.com/NBher56J3P

— Bitstamp (@Bitstamp) January 8, 2025

Coinciding with this move, Ripple also announced that this stablecoin has adopted the Chainlink standard for reliable data to promote DeFi adoption with real-time, secure pricing data.

Such developments, which involve different facets of the cryptocurrency ecosystem working together, could play a crucial role in XRP's growth. As long as these advancements persist, XRP will remain a top contender among the best cryptos to buy now.

Summary

As the search for the best crypto to buy now intensifies, given Bitcoin's lack of bullish indicators, tokens like Meme Index and Best Wallet Token are becoming increasingly attractive options for investment.

While XRP also shows potential, investors should be aware that, being a live token, it is subject to volatile market conditions. Therefore, it's important to be cautious about selecting assets to profit during uncertain market times.

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice