Best Altcoins to Buy After Bitmine’s Fresh $166 Million Ethereum Investment

Ethereum weekly chart on TradingView.

Quick Facts:

1⃣ Bitmine simply added one other 44,036 $ETH ($166M), bringing its whole Ethereum holdings to over 3.3M tokens value $12.7B.

2⃣ Ethereum is displaying sturdy long-term bullish alerts, discovering strong assist on the 200-day EMA and retesting a key breakout zone round $4K.

3⃣ As Ethereum stabilizes, now may very well be the right time to discover the perfect altcoins to purchase – like $PEPENODE, $MAXI, and $TRUMP.

Remember when Ethereum hit a high of round $4K after a sweltering 56% rally in July?

Three months later, Ethereum finds itself hovering across the identical value stage, sparking hypothesis over whether or not we may very well be heading right into a deep consolidation zone or presumably even a downtrend.

Amid this uncertainty, institutional traders are taking advantage of the dip to beef up their Ethereum holdings.

Bitmine, simply the most important Ethereum holder globally, has reportedly added another 44,036 $ETH ($166M) to its kitty, in accordance to blockchain analytics platform LookOnChain.

This now brings the agency’s whole Ethereum holdings to over 3.3M $ETH, at the moment valued at greater than $12.7B.

Also, this isn’t Bitmine’s solely buy throughout Ethereum’s present downtrend. Just over 10 days in the past, the agency scooped up $250M worth of Ethereum.

Ethereum Price Prediction: Long-Term Bullish Picture Remains Intact

So, what’s Tom Lee seeing that retail traders will not be? For one, Ethereum at the moment seems to be discovering sturdy assist on the 200-day exponential transferring common (EMA).

Even extra vital is the truth that the final time this occurred, $ETH spent almost two months consolidating across the 200 EMA earlier than triggering a 100% rally.

Going by this alone, we may very well be in for one more month of consolidation earlier than a brand new rally ensues.

Additionally, the token is at the moment retesting an vital breakout zone – a former resistance turned assist stage that it broke out of throughout its August rally.

This explicit zone, across the $4K mark, has been considered one of Ethereum’s most vital ranges not too long ago. Most notably, it sparked a virtually 70% downtrend in December final yr.

All in all, though Ethereum’s present uneven value motion appears to be like sheepish, its long-term bullish image stays firmly intact.

This, the truth is, means now’s the perfect to load up on low-cap, high-upside tokens. Here are our prime three recommendations for the best altcoins to buy now.

1. PepeNode ($PEPENODE) – Exciting Mine-to-Earn Cryptocurrency Offering Real Rewards

Currently accessible at simply $0.0011272, PepeNode ($PEPENODE) is without doubt one of the best cheap cryptos to purchase proper now. What makes it much more engaging is its potential to churn out life-changing returns.

According to our PepeNode price prediction, a $100 funding immediately may flip into $642 by the top of 2026, because the token may hit a high of $0.0072.

What is PepeNode, you ask? It’s a novel mine-to-earn cryptocurrency mission that makes crypto mining accessible to on a regular basis customers, whereas additionally providing them actual rewards in return.

Simply put, you get an empty digital server room as quickly as you become a $PEPENODE holder. From there, your job is to stack the room with essentially the most optimum mixture of mining nodes.

The trick is to experiment with totally different meme nodes, as each has its personal traits, mining capabilities, and compatibility with different nodes.

Getting this mix proper is completely essential if you would like to maximize your earnings from PepeNode’s gamified mining ecosystem.

Then, as soon as PepeNode’s TGE (Token Generation Event) is full and its digital mining simulator goes stay, the highest gamers on the leaderboard will obtain free $PEPENODE, $PEPE, and $FARTCOIN tokens as rewards.

Given that it affords a low-cost, user-friendly method to interact in crypto mining – albeit digital – it’s no shock PepeNode has already pulled in over $2M in its presale.

➡ Join the PepeNode presale today – and be part of the biggest virtual crypto mining platform.

2. Maxi Doge ($MAXI) – Viral Doge-Themed Meme Coin Eyeing 1000x Returns

If you’ve watched Dogecoin battle to rally to new highs and puzzled if that is the top of dog-themed meme cash, Maxi Doge ($MAXI) is right here to offer you some hope.

With over $3.8M already raised in its ongoing presale, $MAXI is in a robust place to change into the next 1000x crypto.

According to our $MAXI price prediction, it may hit a high of $0.0058 by the top of 2026, giving early adopters a mind-boggling 2,000% return on their funding.

📚 Take a take a look at our step-by-step information on how to buy $MAXI for just $0.000266.

What is Maxi Doge? On the floor, he’s a livid Shiba Inu out for revenge on his distant cousin, Dogecoin.

Under the hood, although, his insatiable want for revenge stems from an emotional backstory – one the place Dogecoin hogged all of the limelight, leaving Maxi to develop up in loneliness.

That’s when Maxi determined to hit the health club, bulk up, and inject his veins not simply with protein shakes, however with the charts themselves, making ready to change into the last word meme coin for degen traders.

Looking forward, $MAXI plans to dominate the house by means of its masterfully crafted tokenomics, which allocates 40% of its whole token provide to advertising and marketing.

This contains PR pushes, influencer collaborations, and social media campaigns, in addition to holder-exclusive advantages resembling weekly buying and selling occasions and leaderboard prizes.

On prime of that, $MAXI additionally plans to record on futures platforms, positioning itself proper alongside Dogecoin as the right gateway for meme coin merchants searching for liquid markets, leveraged bets, and life-changing returns.

➡ Join the next big ‘dawg’ in its journey to 1000x – buy $MAXI tokens today!

3. OFFICIAL TRUMP ($TRUMP) – Donald Trump’s Meme Coin Surges Again

Donald Trump’s reputation amongst crypto traders is on the rise once more, evident from the current surge in his official meme coin, OFFICIAL TRUMP ($TRUMP).

The token is up almost 32% this week after discovering sturdy assist across the $5.7 mark.

Most importantly, $TRUMP has now damaged out of a long-standing downward sloping resistance line, one which had capped its momentum since February.

According to this buying and selling sample, if the token holds its breakout, we may see a pointy transfer towards $24.5 – a large 200% achieve from present ranges.

On the basics facet, the most important cause behind this surge may very well be Trump’s current warming up to China and efforts to carry the U.S. nearer to a commerce deal – a transfer that would ease tensions throughout not simply crypto but in addition world inventory markets.

Furthermore, Trump’s pro-crypto stance continues. Most not too long ago, he even pardoned Binance’s founder, Changpeng ‘CZ’ Zhao, calling his prosecution an ‘overly prosecuted case by the Biden administration,’ and ‘a battle on cryptocurrency.’

Interested? Buy $TRUMP on Binance or any of the opposite crypto exchanges.

Recap: With Ethereum seemingly consolidating earlier than doubtlessly discovering renewed momentum, now may very well be the right time to hit a house run by scooping up low-cap gems like PepeNode ($PEPENODE), Maxi Doge ($MAXI), and OFFICIAL TRUMP ($TRUMP).

Disclaimer: Please do your personal analysis earlier than investing in crypto. It’s a extremely unstable market, and this text shouldn’t be monetary recommendation.

Authored by Krishi Chowdhary, Bitcoinist – https://bitcoinist.com/best-altcoins-to-buy-after-bitmine-fresh-166m-ethereum-investment

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