Best Crypto to Buy Today February 20 – Filecoin, Chiliz, Siacoin

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With Bitcoin (BTC) and Ether (ETH) prices choppy in wake of hitting fresh multi-year highs earlier in the session, investors are hunting for altcoins with more convincing bullish momentum in the hope of finding the best crypto to buy today.

Bitcoin briefly surpassed $53,000 on Tuesday, while Ether was momentarily trading with a $3,000 handle.

Both have since pulled back around 3%, with BTC now trading in the low $51,000s and ETH back at $2,900.

With Ether failing to break above $3,000 and BTC seemingly still locked within recent $51,000-$53,000 ranges, traders are hunting for alternatives that could be the best crypto to buy today.

Here are some smaller altcoins that are currently trading with stronger bullish momentum.

Best Crypto to Buy Today

Filecoin (FIL)

Decentralized data storage protocol Filecoin (FIL) has been pumping recently.

FIL nearly hit $8 per coin on Tuesday, near its highest levels for the year.

Last just above $7.50, FIL is up over 9% in 24 hours, as per CoinMarketCap.

Filecoin is up 60% from its yearly lows and if it can break above $8.10 resistance, qoculd quickly rally another 25% to 2023 highs around $9.50.

The prospect of quick potential gains makes FIL amongst the best crypto to buy today.

Chiliz (CHZ)

Another altcoin with strong momentum is sport and entertainment-focused blockchain Chiliz (CHZ).

Up 6% in 24 hours according to CoinMarketCap, CHZ recently hit fresh multi-month highs above $0.1260.

CHZ is up a stunning 125% from last Octobers low.

But this could be nothing compared to the gains ahead, if CHZ can break a long-term downtrend.

If it can, a rally to 2022 highs in the $0.30s or to record highs near $1.0 is possible.

That’s why CHZ could be one of the best crypto to buy today.

Siacoin (SC)

Decentralized cloud storage network Sia’s native token Siacoin has pumped up 6% in 24 hours, as per CoinMarketCap.

SC just hit its highest level since early 2022 above $0.015.

Up over 500% from its 2023 lows, SC is eyeing a further 300% push higher towards its 2021 record highs above $0.06 per coin.

With a market cap of only around $800 million, 4x gains are certainly with the realm of possibility.

Hence, Siacoin could easily rank amongst the best crypto to buy today.

Crypto Alternatives to Consider

All of the above coins offer potential investors a great chance to make solid gains.

While the future is always uncertain in crypto, these names could be among the best crypto to buy today.

However, those looking for a better probability of near-term gains should consider an alternative high-risk, high-reward investment strategy – getting involved in crypto presales.

Presales offer investors a routine to get involved in a project at its very early stages, and thus potentially make returns of as much as 100x.

If investors can identify projects with solid foundation, the risk/reward of their investment is very good.

Analysts at Cryptonews spend a lot of time examining new presale projects.

Here are 14 of the best presales of 2024, according to the team at Cryptonews:

See the 14 Cryptocurrencies

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