Best Crypto to Buy Now with CryptoQuant Confirming the Bull Market Isn’t Over

Bitcoin is finally above the $100K mark, bolstered by institutional support and progressive regulations. But crossing the golden threshold could also be a double-edged sword, as many looking for profit-taking could trigger a sell-off.

“Less likely,” said the CryptoQuant CEO, noting that while profit-taking cycles began in the past with whales selling at market peaks, the CEO states that the market has now shifted.

“Now, instead of worrying about old whales selling, it’s more important to focus on how much new liquidity is coming from institutions and ETFs, since this new influx can outweigh even strong whale sell-offs.”

This view definitely hints that the overall cryptocurrency ecosystem continues to remain positive, which makes now potentially the right time to look for the best crypto to buy now.

Massive Inflows are Coming – CryptoQuant CEO

The comments made by CryptoQuant CEO, Ki Young Ju, are a contradiction to his own statements made two months ago, in which he said that the bull cycle was over.

He has now admitted that he was wrong.

“Bitcoin selling pressure is easing, and massive inflows are coming,” he said. “In the past, the Bitcoin market was pretty simple. The main players were old whales, miners, and new retail investors, basically passing the bag to each other. When retail liquidity dried up and old whales started cashing out, it was relatively easy to predict the cycle peak.”

However, now the Bitcoin market has become more diverse thanks to ETFs and other institutional investors moving in, signaling a major transition as the Bitcoin market merges with TradFi.

It is also noted that Bitcoin has finally moved above the $100K mark after three months of bearish price action. Currently trading above the $103K mark, Bitcoin has created a strong rising channel with short periods of strong consolidation, indicating that further growth could be possible.

Best Crypto to Buy Now – Top Cryptos To Leverage the Massive Bullish Momentum

CryptoQuant’s latest comment has further bolstered support for the cryptocurrency market, bringing in new buyers. This could lead to major gains for those who are willing to invest in early-moving opportunities like the ones given below.

BTC Bull

Since Bitcoin’s upcoming growth would have a major impact on the meme coin market, our first pick is a meme coin known as BTC Bull.

Following Bitcoin’s footsteps, BTC Bull pays homage to the original token in hopes of creating a direct pathway that could bring meme coin investors a steady line to gains.

A meme coin that could eventually be considered a beta play for Bitcoin, BTC Bull has aligned its token burns and Bitcoin airdrops with Bitcoin’s price growth.

By triggering these two mechanisms whenever Bitcoin crosses a certain threshold, BTC Bull has provided an ecosystem that could potentially continue to persist in the long term.

A strong community is already consolidating around it, as it has over 8.3K followers on X, and it has already raised over $5 million via presale.

Jacob Crypto Bury has already called it a 10x potential crypto, citing Bitcoin’s growth in the last 10 days.

SUBBD

Utility cryptos could move to the front and center again if the bull run extends for a long time. SUBBD is therefore the project to follow.

Modeled after OnlyFans, SUBBD is a Web3 content creation project using the AI agent narrative to establish better fan-creator relationships.

The AI agent can be used as an administrative tool by creators, who can fulfill requests automatically and help fans generate specific images of the models featured on the platform.

An AI influencer is also in the works, providing a way to create better and more creative content with a spicy touch.

With top-earning content creators already onboarded on the platform, SUBBD is poised to break into an $85 billion industry in a big way.

Central to this ecosystem is the $SUBBD token, which can be used to gain access to content, receive payments, and unlock exclusive perks through staking.

The prospect that this utility token could grow in the mid to long term is quite high. 99Bitcoins, a prominent cryptocurrency expert, has even gone so far as to highlight SUBBD as the crypto that could see 10x gains.

Solaxy

Bitcoin’s extensive bull run means cryptos like Solana will move to higher ground, which could then trickle into Solana-themed meme coins.

While Solaxy could be thought of as just another Solana-themed meme coin, its core use cases make it an even better alternative to Solana.

Established as the world’s first L2 solution for the Solana blockchain, Solaxy is a project with the appearance of memes and a complex utility that could redefine the meme coin industry.

The L2 solution will leverage multiple technologies, including Celestia, Hyperlane, and ZK Rollups.

Furthermore, Solaxy has already made it clear that it is not just another meme coin that claims utility but delivers nothing. A blockchain explorer has already been created, and developers are hard at work to provide even more push.

Currently valued at a discounted price of $0.00172, Solaxy has been able to raise over $34 million to date. This growth shows that more buyers could come once the token goes live, giving it an explosive increase in value.

99Bitcoins recently posted a video about this token, highlighting how Solana’s current growth could positively impact Solaxy’s price post-listing.

Final Words

CryptoQuant’s U-turn on its previously made bearish statement about Bitcoin shows the level of uncertainty the market is currently going through. Tides have started to turn for crypto ever since progressive regulations and institutional interest captured market attention, and more growth could very well come in the future.

However, since there is still a high degree of volatility in the market, investors should take stock of the present times and consider investing in crypto ICOs. Among them could be the best crypto to buy now—projects that offer gains both in the long term and the short term.

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