Bitcoin price is slowly nearing its all-time high, while Ethereum has crossed the important resistance level at $4,000 for the first time this year. This performance points to a strong crypto bull run, which will benefit most tokens. This article looks at the best crypto to buy today.
Best Crypto to Buy Today For Huge Gains
The best trending altcoins to invest in today are those with a combination of strong technicals and fundamentals. Some of the top tokens that meet this criteria are Solana (SOL), Spark (SPK), and Hedera Hashgraph (HBAR).
Solana (SOL)
SOL is one of the best crypto to buy for huge gains this year if the crypto bull run happens. It has strong fundamentals, with market participants anticipating the Securities and Exchange Commission (SEC) to approve nearly 10 SOL ETFs later this year. The recently-launched SSK ETF has accumulated nearly $150 million in assets.
Solana is the most active chain in crypto, with its monthly total transactions jumping to over 2.4 billion. Its stablecoin supply has jumped to a record high, a trend that may continue this year.
SOL price also has strong technicals. It has formed an ascending channel, and most recently, it has formed a golden cross pattern. Therefore, the token will likely keep rising as bulls target this month’s high of $205.45, up by 12.27% from its current level. A move above that level will point to further gains, potentially to the all-time high of nearly $300.
READ MORE: IBIT ETF Hits $86 Billion as Harvard, Brown Universities Buy
Hedera (HBAR)
Hedera Hashgraph is another trending altcoin to invest in. Its stablecoin supply is recovering, while HBAR ETF odds remain at an elevated level.
HBAR price also has strong technicals. It has retested the important support at $0.2315, the neckline of the double-bottom pattern at $0.1270. A break-and-retest is a highly common bullish continuation pattern.
Hedera price has formed a bullish flag pattern, which has a vertical line and a rectangle pattern. Therefore, the HBAR token price will likely have a bullish breakout. More gains will be confirmed if it rises above the upper side of the flag at $0.30. A move above that level will point to more gains, potentially to $0.40, up by 53% above the current level.
READ MORE: HBAR Price Tanks After Bearish Signal—Will Hedera Rebound?
Spark (SPK)
Spark is another top crypto to buy for huge gains this year. It is the 9th-biggest player in the crypto industry with over $7 billion in assets. Spark’s role is to help investors generate returns on their stablecoins. For example, a user can earn up to 4.75% on their USDC or USDS assets.
Spark also runs SparkLend, where users can borrow money at a preset interest rate. It now has over $4.84 billion in lending TVL and available liquidity of $6.72 billion.
SPK price has formed a bullish pennant pattern, pointing to an eventual comeback in the coming days. Such a move may see it jump to its all-time high of $0.1900, up by 66% from the current level.
