- HYPE price may continue rising ahead of the ETF launch.
- Venice Token is benefiting from the ongoing artificial intelligence tailwinds.
- Zcash is a top crypto to buy because of its market share in the privacy industry.
Are you looking for the best altcoins to buy today ahead of the next crypto bull run? It’s essential to consider coins with strong fundamentals, including their usage, momentum, and technical analysis. This article will explore some of these coins, especially now that the Crypto Fear and Greed Index has risen to 45 and may soon enter the greed zone.
HYPE is a Good Altcoin to Buy, Driven by Numerous Catalysts
Hyperliquid’s token is one of the best crypto tokens to buy today. It has already jumped by 100% from the year-to-date to the current $40. As BanklessTimes wrote recently, technicals suggest it has more upside in the near term.
The first key catalyst is that Bitwise has filed an amended S-1 for its spot HYPE ETF, meaning that it may launch soon. Other companies, such as Grayscale and 21Shares, have filed for their ETFs.
Hyperliquid has emerged as the fastest-growing player in the crypto industry. It handles over $200 billion in perpetual futures volume each month, more than the combined volume of DEX networks on Ethereum, Solana, and BSC.
Hyperliquid is also a highly profitable network, generating over $800 million in fees in the last 365 days. It is also preparing to launch its Outcomes products soon.
READ MORE: XRP Price Prediction: Calm Before the Storm Despite Tumbling Ripple Metrics
Venice Token (VVV) is a Good AI Crypto to Buy as Growth Continues
Venice AI is a privacy-focused AI platform that competes with top companies in the industry, such as ChatGPT and Anthropic. Its VVV token has soared by over 800% from its December low, indicating bullish momentum.
Most importantly, many people are using its platform, as evidenced by the rising token burn. Its burn rate this month has already overtaken what it incinerated in March. This trend will continue as more people become aware of its technology.
AI companies are seeing their valuations and revenue jump. For example, Anthropic is now making over $30 billion in annualized revenue. Anthropic and OpenAI have seen their valuations jump to over $350 billion and $750 billion. The Venice token will keep growing as it continues to benefit from this trajectory.
Zcash Price to Rally as Privacy Token Demand Rises
The ZEC price has rebounded over the past few weeks, rising from a low of $185 to $366 today. This rebound occurred as Arthur Hayes continued to make the case for the token. It also formed a double pattern and a falling wedge.
Technicals suggest that the Zcash price has the momentum as it has already crossed the key resistance at $303, the neckline of the double-bottom pattern. It has also jumped above all moving averages.
Therefore, the token may continue rising in the near term as bulls target the key resistance level at $500.
READ MORE: Zcash, Dash, Monero Prices Jump as Iran Considers Crypto for Strait of Hormuz Tolls
