Best Crypto To Buy Now As GME, AXOME, And BEER Hit Top Gainers Today

Crypto prices are still struggling to recover from the drop that started on October 10, eventually pushing Bitcoin’s value down to $105k for the first time in months. As always, the coin’s dominance resulted in a large portion of the altcoin market seeing a similar price dip.

Bitcoin then attempted to recover, although a resistance at $110k has been standing in its way for most of this week. One surge took its price nearly to $114k on October 21, but since then, the coin has corrected to a new support at $107.5k, from where it continues to probe the resistance at $110,000.

However, while Bitcoin itself might not be the best crypto to buy now, with its price still struggling, there are plenty of other opportunities in the crypto industry. Some are altcoins that have already been in circulation for weeks, months, or even years, while others include cryptocurrencies that are currently still in ICO.

Buying assets in their presale stage is a common practice among investors chasing large gains, as many of them tend to see a sharp price surge after finally concluding their ICOs and going live.

Best Crypto To Buy Now Among Top Performers

While investing in presales is a solid and common strategy, traders who are after short-term gains through trends and day trading can always consider buying the top performers and then selling when they reach their peak.

Some of the best-performing cryptos right now include the following:

GameStop Coin (GME)

The first on the list is GameStop Coin - a project inspired by the popular gaming company of the same name, and aimed at empowering gamers, challenging Wall Street norms, and pioneering decentralized solutions in retail and finance.

The project was actually inspired by the 2021 GameStop short squeeze, when institutional investors started shorting the stocks of GameStop for profit. However, their actions threatened to damage the company and potentially fully destroy their business, which is when a group of amateur investors from a subreddit, WallStreetBets, purchased a massive amount of stocks, inflating the price, and causing institutions to withdraw after suffering significant losses.

GameStop Coin emerged as a way to commemorate the event and challenge Wall Street norms, as mentioned. While it is not officially affiliated with GameStop Corp., it offers decentralized tokens that are used for various dApps, token swaps, and community engagement.

The token’s price soared from $0.000003067 on October 16 to $0.010 on October 21, only to drop back down to $0.00001219 as of October 23. Its price has been climbing again following the dip, potentially offering another earning opportunity, if its price continues to grow in the days to come, making it potentially the best crypto to buy now and see gains over the next several days.

Axolotl Token (AXOME)

Next up is Axelotl Token, which is a meme-based crypto that runs on Ethereum and Base blockchains. It was created by a small team focused on community engagement, creativity, and accessibility in the digital asset space.

The name and concept are inspired by the axolotl, which is an aquatic species known for its regenerative abilities and resilience. The developers were hoping that these traits would reflect the project’s core values of adaptability, growth, and community renewal.

Its token, AXOME, is designed as a community-driven crypto that leverages the cultural impact of memes to foster participation and awareness in the crypto ecosystem. But, unlike traditional utility tokens, it also emphasizes social engagement and creative collaboration as its main drivers of growth.

Speaking of growth, the token is one of the top performers in the crypto industry right now, with its price moving in a specific pattern over the last week. Its movement saw the AXOME price go from $0.00003487 to $0.0013 in a sharp surge, which was followed by trading sideways for 24 hours, and then the price corrected back to its starting levels.

So far, the pattern has been repeated several times in the past week, and as of October 23, it is at $0.0013 once more. If the pattern holds, it should see another crash in the next several hours, which will be followed by a new surge, making it a perfect opportunity to buy AXOME tokens after it stabilizes following its next drop.

Beers (BEER)

The next candidate for the best crypto to buy now is Beers - the native cryptocurrency of the EURO 2024 project. This is a groundbreaking crypto project built on the Binance Smart Chain and inspired by the fervor and excitement of the UEFA Euro 2024.

At the heart of the project is the BEER token, which is a unique cryptocurrency designed to unite football enthusiasts and crypto aficionados from around the world.

Beyond that, EURO 2024 is not just about digital assets, but also about fostering a vibrant community that celebrates football, camaraderie, and the love of the game.

With that said, the project has seen similar performance in the past week as GameStop Coin, seeing a major price surge from $0.0000126 on October 16 to its weekly peak at $0.01891 on October 20, which was followed by a sharp correction.

However, its price is once again seeing a recovery, making this a good opportunity to buy and see if it manages to climb back to previous levels.

Snorter (SNORT)

Finally, the last on the list is Snorter (SNORT), and unlike the others, this one is currently still in its presale.

Snorter is a Solana-based project that acts as a native cryptocurrency of the Snorter trading bot. This is a meme crypto trading tool that can analyze market data and spot new opportunities faster than a human trader, and suggest them to its users.

It was inspired by an aardvark and the way it relentlessly searches for food. In a similar way, Snorter will stop at nothing when it comes to sniffing out new trading and investment opportunities in the crypto industry.

It runs on Solana’s blockchain, enabling low fees, fast executions, secure swaps, automated sniping, limit orders, copy trading, and it even comes with advanced security measures, such as honeypot detection and rugpull protection.

The project has attracted quite a few investors, and its presale managed to raise over $5.45 million. The presale has already ended on October 20, but the team decided to extend the opportunity for investors to buy the SNORT token for another week, meaning that there are four days left before it ends and sees its first listing.

Right now, SNORT is selling for $0.1083 apiece, but experts like Crypto ZEUS, a YouTuber with over 87.6k subscribers, believe that it has massive potential and is worth buying early.

Conclusion

The big players in the crypto industry may be struggling, but there are still many altcoins that are not affected by Bitcoin’s dominance and are following their own path to greatness. On top of that, there are presales like the one held by Snorter, which offer great potential for those who buy early and get to experience their first bull run once they go live, which is also worth considering.

Ultimately, each trader and investor should do their own research and make the final decision, but the tokens listed above could prove to be solid opportunities in the days to come, which would mean that any of them could be the best crypto to buy now.

Disclaimer: Cryptocurrency investments are risky and highly volatile. This is not financial advice; always do your research. Our editors are not involved, and we do not take responsibility for any losses.