As the Bitcoin (BTC) price pumps to new two-year highs on strong spot Bitcoin ETF inflows, investors looking to secure faster near-term gains are scouring the altcoin market for the best crypto to buy today.
Bitcoin hit $52,000 for the first time in over two years on Wednesday before pulling back to the mid-$51,000s.
The pump comes in wake of the news that BlackRock’s newly launched spot Bitcoin ETF singlehandedly scooped up over 10K BTC tokens on Tuesday.
Spot Bitcoin ETF net inflows are going “parabolic”, noted crypto analyst Ryan Watkins in a tweet.
https://twitter.com/RyanWatkins_/status/1757644485373149221Other major altcoins like Ether (ETH), Solana (SOL) and Cardano (ADA) are also performing well.
They were each last up between 5-7% in the past 24 hours, as per CoinMarketCap.
But that’s nothing compared to some of the moves being enjoyed by some smaller but still well-established names in the altcoin space.
Here are some of the best crypto to buy today.
Recently launched “RollApp”-focused layer-1 blockchain Dymension is enjoying tailwinds on Thursday.
Last at all-time highs in the $8.30s, DYM is up 16% in 24 hours and over 80% since its launch.
Dymension was launched last week in one of 2024’s most exciting airdrops, with users of multiple blockchains receiving tokens.
Its fully diluted market cap was last around $8.3 billion, leaving plenty of space for upside, if you are of the belief that the blockchain will enjoy substantial adoption in the coming years.
That means DYM could be the best crypto to buy this Wednesday.
Finance-focused blockchain Sei ($SEI) pumped 16% on Wednesday, as per CoinMarketCap.
Indeed, SEI just hit fresh record highs in the $0.88s, a more than 50% bounce from yearly lows.
With a still relatively small
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