The crypto market is facing strong selling pressure this week, with red across the board. However, this marks an opportunity for traders to add new projects to their portfolio ahead of the next leg up.
With that in mind, here are the six best cryptos to buy now:
Wall Street Pepe
Wall Street Pepe is a new viral meme coin inspired by a mix of Pepe coin and Jordan Belfort. Both figures are highly popular internet memes, which have provided a continued stream of attention to Wall Street Pepe.
But unlike most meme coins, Wall Street Pepe is much more than a source of entertainment. The project is building an entire ecosystem geared around making its community money.
Cool. Calm. Moist. Perfectly balanced. 🐸 ⚔️ pic.twitter.com/LQ4FpFAmnO
— Wall Street Pepe (@WEPEToken) December 22, 2024
Users will be equipped with institutional-grade trading tools such as trading signals, meme coin picks, a trading insider group, staking, and trading rewards.
Wall Street Pepe follows a similar blueprint to Pepe Unchained, which mixed Pepe coin’s allure with cutting-edge utility. Pepe Unchained soared 10x from its initial presale price after listing on exchanges.
Wall Street Pepe is also undergoing a presale and has raised $34 million so far.
Visit Wall Street Pepe Presale
Solaxy
Like Wall Street Pepe, Solaxy is another promising presale project. It’s building the first-ever Solana layer 2 blockchain, which will make transactions cheaper, faster, and more reliable than the Solana main network.
The presale offers investors a chance to buy at a fixed price, eliminating the volatility risk that exchange-traded tokens face at the moment. $SOLX will maintain a fixed but incrementally increasing price throughout the presale and will list on the open market at a time when prices are likely climbing again.
https://twitter.com/SOLAXYTOKEN/status/1870832972863008966
Solaxy will compute transactions on a separate layer 2 blockchain and report back to Solana for finality. As well as a scalability benefit, this ensures that Solaxy retains Solana’s security and decentralization properties.
The presale is ongoing and has raised $4.5 million so far. The current price is $0.001576, but this will rise in one day.
Best Wallet Token
Best Wallet token is the new native cryptocurrency for Best Wallet, a next-generation Web3 wallet that simplifies users’ lives.
The wallet comprises numerous cutting-edge features, including support for 60 blockchains, a built-in DEX, a derivatives exchange, a crypto debit card, a portfolio manager, automated dollar-cost averaging, and much more.
But its most popular feature so far is Upcoming Tokens, a presale aggregator that allows users to research, buy, and track vetted presales directly from the app. Upcoming Tokens was one of the only places investors could buy Pepe Unchained at presale.
Discover the hottest new projects with Upcoming Tokens! 🔥
Get exclusive access to all the alpha you need to find the next gem. Don’t miss out on the next big opportunity!
Download Now 📲 https://t.co/he5kzra7TY pic.twitter.com/YosxBGHi7Y
— Best Wallet (@BestWalletHQ) December 21, 2024
Essentially, Best Wallet aims to be an all-in-one super app that saves time while ensuring security and providing an intuitive user experience accessible to anyone.
Holding the $BEST token provides added benefits like trading fee discounts, higher staking yields, governance rights, and access to exclusive promotions on partner projects.
$BEST is undergoing a presale and has raised over $5 million so far.
Visit Best Wallet Token Presale
Flockerz
Flockerz is a bird-themed meme coin that introduces a new concept called “Vote-to-Earn.”
$FLOCK holders govern the project via FlockTopia, a decentralized autonomous organization. It’s not the first project to launch a DAO, but it is the first to pay users to participate.
Every time users vote on proposals in FlockTopia, they’ll earn $FLOCK.
One of us! One of us! 💙
Once the hat goes on you’re officially a member of The Flock! Welcome to paradise. 😉🐦 pic.twitter.com/bU1kNxXaVM
— Flockerz (@FlockerzToken) December 22, 2024
This deepens users’ sense of ownership of the project, which could bolster the effectiveness of decision-making and create a more loyal long-term community.
Flockerz also has a staking mechanism that allows users to generate passive rewards on their $FLOCK.
The project is also undergoing a presale and has raised $7.6 million so far.
Aave
Aave is the leading decentralized finance cryptocurrency. The platform offers non-custodial liquidity markets, which allow users to earn yields by supplying and borrowing assets.
In the world of DeFi, total value locked (TVL) is a crucial metric. It represents trust and, to some extent, security. The higher the TVL, the more battle-tested a project is likely to be, creating a flywheel effect.
13 markets. 11 chains. 2M+ users.
…and a new all-time high in deposits 👻
The DeFi Renaissance is happening on Aave. pic.twitter.com/Q0mQpsRQNS
— Aave (@aave) November 27, 2024
Aave’s position as the highest-TVL DeFi protocol helps it continue to attract new users and liquidity, pushing up the AAVE price.
Another reason Aave is a buy right now is its strength on the recent dip. While many top cryptos are red today, Aave is up 10%. However, it remains at a 10% discount from last week, so prospective buyers still have an opportunity to buy at a low price.
Pepe
Pepe is the third-largest meme coin and the largest that launched this cycle. As mentioned, Pepe coin boasts significant viral allure. It’s based on the viral Pepe the Frog internet meme, which holds cultural and comedic significance.
Unlike many meme coins such as Dogecoin and Shiba Inu, Pepe coin has communities of artists who regularly publish captivating Pepe-inspired artwork.
One of the most famous Pepe artists is Darkfarms, who subsequently launched his own Pepe-themed cryptocurrency BOOK OF MEME. Currently, BOME is worth $432 million.
come, sit for a fireside chat pic.twitter.com/QfMkczaKkd
— pepe (@pepe) December 14, 2024
This grass-roots support for Pepe coin provides a significant edge over most meme coins.
Another reason Pepe could perform well is that it’s on the Ethereum network, which holds substantial liquidity infrastructure. As the Ethereum price rises throughout the bull market, Pepe will likely grow at an expedited rate.
Pepe currently trades at $0.00001796, down 0.6% today and 23% this week.