The crypto markets saw a notable downturn on Tuesday from Monday’s highs, with prices stabilizing throughout the week.
Despite the muted mood, investors are taking the opportunity to seek out the best crypto to buy now in hopes of capturing potential gains.
Bitcoin (BTC) dropped back to trade around $62,000 on Tuesday, down from highs of $64,000 on Monday.
Source: TradingView / BTCUSD
Some analysts have attributed this pullback to disappointment over the lack of stimulus announcements from the Chinese government, following the People’s Bank of China’s (PBoC) recent reserve ratio cut.
Attention now shifts to the release of the minutes from the September Fed meeting on Wednesday and the U.S. CPI inflation data on Thursday, which could further impact market sentiment.
Meanwhile, HBO’s documentary set to reveal the identity of Bitcoin creator Satoshi Nakamoto will be released at 9 PM Eastern Time on Tuesday, although it’s unclear if it will influence market movements.
As crypto market sentiment remains subdued, investors are turning to altcoins in search of potential opportunities.
Below are some of the top-performing tokens that traders are keeping an eye on.
Best Crypto to Buy Now: Neiro, Eigen, and Aptos Surge
Among the altcoins, Neiro (NEIRO), a relatively new Ethereum meme coin, has been one of the standout performers on Tuesday, with a 16% increase in the past 24 hours, according to CoinMarketCap.
Neiro’s recent rise has brought its price to $0.0018, with a market cap of approximately $740 million.
Source: TradingView / NEIROUSDT
This rally comes after NEIRO snapped a multi-week downtrend, and while it remains volatile, a pullback could present a better entry point for those considering it as one of the best crypto to buy now.
The coin is also gaining attention as one of the top meme coins currently available.
In addition to NEIRO, EigenLayer (EIGEN) and Aptos (APT) are two of the few other tokens trading in the green on Tuesday.
EIGEN, the native token of an Ethereum re-staking protocol, rose by around 9% in 24 hours and now holds a market cap of roughly $730 million.
For those confident in the long-term potential of the Ethereum ecosystem, EIGEN could be considered among the best crypto to buy now.
Meanwhile, APT, an emerging layer-1 protocol, is another strong candidate.
Source: TradingView / APTUSD
It has recently moved above its 200-day moving average (200DMA), which could signal a move toward its yearly highs near $20—over 2x its current price.
Top Crypto Presales: High-Potential Projects to Watch Now
For investors seeking even greater upside potential, crypto presales may offer a compelling alternative to established assets.
Skilled presale investors often secure significant returns—sometimes exceeding 10x—by identifying projects with high market potential.
At Cryptonews.com, analysts are continuously searching for the next high-potential project with the ability to gain traction in the market.
They have curated a list of their favorite presales that could be among the best crypto to buy now for those looking to maximize their returns.
16 Best Crypto Presales to Invest In Now
The post Best Crypto to Buy Now October 8 – Neiro, Eigen, Aptos appeared first on Cryptonews.
