Best Crypto to Buy Now September 17 – ImmutableX, Celestia, Bittensor

On the eve of the first US Federal Reserve interest rate cut since 2020, major crypto prices are pushing up, and investors are weighing up what crypto might be the best to buy right now.

Bitcoin (BTC) last traded around $61,000, having seen strong gains during US trade.

Per CoinMarketCap , BTC was last up nearly 5% on the day.

Despite bouncing 16% from earlier monthly lows, Bitcoin remains a strong candidate for the best crypto to buy now.

The Fed easing cycle of 2020 was a key driver of the late 2020/2021 bull market.

The upcoming Fed easing cycle coincides nicely with the delayed bullish impact of the quadrennial halving event and the US Presidential election .

Both of these could also be major tailwinds for BTC, propelling above $100,000 in 2025.

That could mean more than 60% gains for BTC in the coming quarters. Very impressive stuff.

However, smaller and lesser-known altcoins with a higher beta-to-crypto market risk appetite could significantly outstrip these projected BTC gains.

So, investors with a higher risk tolerance will scour altcoin markets as they hunt for the best crypto to buy now.

Here are some strong performers they will be looking at.

Best Crypto to Buy Now – Which Are They?

GameFi platform Immutable X (IMX) leads the alt-coin market higher on Tuesday, rising 15% in 24 hours to claim $1.41 per CoinMarketCap .

Given the positive technical developments, the altcoin could be one of the best cryptos to buy now.

IMX has been struggling to break above its 50DMA for months.

But its latest push higher could mark a clean break above this key resistance level.

That could lead to a swift pushback to resistance in the $1.70 area and the 200DMA just under $2.0.

Innovative layer-1 blockchain protocol Celestia (TIA) , meanwhile, was last up 13% in 24 hours.

Per TradingView , it was changing hands around $5.15 and probing a breakout from a multi-month downtrend.

That could open the door to a swift rally to the $7.60 resistance area.

With a market cap of just over $1 billion, TIA might seem to have ample room for growth.

But its fully diluted market cap is over $5.5 billion. The prospect of a very high amount of future TIA inflation could cap its growth potential in the years ahead.

It might not be the best crypto to buy now, as a result, even if it could perform well in the short-term.

The final top-performing crypto today that is worth mentioning is the decentralized machine learning network Bittensor (TAO).

The exciting AI project has increased by over 10% in 24 hours and rose to $320 per CoinMarketCap .

TAO bounced from its 50DMA on Tuesday, a sign that the bulls have regained market control.

That could mean a rally to the $360s is on the cards in the short term.

But in the longer term, TAO could easily be one of the best cryptos to buy now.

Assuming AI remains a major driving force in global markets, as it has been since 2022, TAO could experience significant price growth.

But traders must be cautious. Its current market cap of $2.3 billion is barely more than a third of its fully diluted market cap of $6.5 billion.

It may also have its price growth capped by excessive inflation.

Better Alternative to Consider

The above-noted coins might all rank as the best crypto to buy now.

However, traders looking for gains in excess of 5-10x will need to look for smaller, newer, and lesser-known cryptos.

One of the best ways to stay ahead of the curve with high-potential crypto projects is to participate in crypto presales.

Cryptonews.com monitors the presale market closely. Here are some of their favorite projects right now that might offer investors strong returns.

17 Best Crypto Presales to Invest In Now