A crypto bull run could be about to start following Sunday’s fakeout, in which Bitcoin price crashed below $100,000. Odds of a crypto rally have jumped after Iran’s limited response to the recent Trump nuclear sites attack. This article looks at some of the best altcoins to buy today.
Top Altcoins to Buy in a Crypto Bull Run
A crypto bull run could lead to substantial gains, especially if Bitcoin surges and moves to a record high. Some of the top altcoins to buy if this happens are Sei (SEI), Sky Protocol (SKY), and Bitcoin Pepe (BPEP).
Sei (SEI)
Sei, a fast-growing layer-1 network, is one of the best altcoins to buy for the next crypto market bull run. It has a combination of strong fundamentals and technicals.
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Artemis data shows that Sei has nearly 500,000 daily active addresses and processes more than 4.7 million transactions per day. It has also become one of the biggest players in the crypto gaming industry, beating other dedicated chains like Immutable and Ronin.
Technicals suggest more Sei price gains. It has moved above the upper side of the falling wedge-like chart pattern, a popular bullish reversal sign. Sei has also moved above the 50-day moving average.
Therefore, the most likely scenario is that the Sei price will continue to soar as bulls target the key resistance at $0.2745, the highest swing point on May 11. A move above that level will point to further upside to $0.30.
Sky Protocol (SKY)
Sky, formerly known as Maker, is another top altcoin to buy today as the crypto bull run continues. It is a major player in the decentralized finance (DeFi) industry with over $4.8 billion in assets.
Sky price has already jumped from the year-to-date low of $0.03284 in February to a high of $0.085 today.
This rebound happened after the token formed a giant hammer candlestick pattern. A hammer comprises a small body and a long lower shadow, and is one of the most bullish signs in technical analysis.
Sky price has also formed a giant megaphone pattern, comprising two ascending and diverging trendlines. Therefore, the Sky token price may continue to rise as bulls target the key resistance level at $0.10, which is 20% above the current level.
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Bitcoin Pepe (BPEP)
Meme coins will likely do well during the next crypto bull run because of their virality and lower prices compared to many utility tokens.
Bitcoin Pepe, an upcoming cryptocurrency project, will likely benefit from this rally due to its objectives. It aims to create a dedicated layer-2 network for Bitcoin, the biggest crypto in the industry.
Once its development ends, Bitcoin Pepe hopes to attract creators who will create new viral meme coins. It has already raised over $15.2 million from investors who believe in its mission in the past few months.
This fundraising is expected to gain steam now that the creators are offering a 30% bonus as the token listing nears. BPEP will list on Uniswap, the largest DEX network in crypto, as well as BitMart and another exchange, details of which will be disclosed on June 30. Hurry up and buy Bitcoin Pepe here.
