3 Smart Cryptos to Buy Right Now as We Prepare for Alt Season

Market leader Bitcoin (BTC USD) is down 16% from its all-time high of over $73,000 in March this year. As it sets the tone for the entire market, even altcoins are generally subdued at the moment.

With the crypto market showing signs of bottoming out and preparing for alt season, several promising cryptos are emerging as smart choices for investors. Here are three cryptos to consider for a 1K investment:

1. Ethereum (ETH)

As the second-largest cryptocurrency, Ether (ETH) is a clear choice for any crypto portfolio. Its popularity stems from its first-mover advantage in the smart contract space and its role as the foundation for decentralized applications (dApps) and non-fungible tokens (NFTs).

Moreover, Ethereum is next in line for a spot exchange-traded fund (ETF), following the successful launch of Bitcoin’s spot ETF. This development is expected to drive further demand for ETH, making it one of the smartest cryptos to buy now.

2. JasmyCoin (JASMY)

Depending on who you ask, JasmyCoin (JASMY) might not be the most obvious choice for a 1K investment. The project has been around for nearly three years, but its founders have yet to introduce any real-world use cases into the market. However, a massive price increase this year might change your mind.

Known as “Japan’s Bitcoin,” JasmyCoin is the native token for the Jasmy decentralized ecosystem on the Ethereum network. It allows users to securely store their personal data in a “data locker” and sell it to interested companies.

Currently trading at 0.030, JasmyCoin is up over 340% year-to-date (YTD). It even briefly flirted with prices in the 0.40 range on some trading days in June, a change of almost 500% from the turn of the year.

If JasmyCoin can hold onto these price gains for the rest of the year and continue rising it will be definitely one of the smartest cryptos to buy right now.

3. SATS (1000SATS)

Named after the smallest units of Bitcoin, satoshis, satoshis (1000SATS) were created by an anonymous user as a tribute to Satoshi Nakamoto, the person(s) behind the leading cryptocurrency. One satoshi is equal to one hundred millionth of a Bitcoin (0.00000001 BTC), which means that one Bitcoin has 100 million satoshis.

The coin gained popularity after Binance listed it in December. At the time, its value increased by over 150%, but it has not been able to match this performance since. However, it could turn out to be one of the best cryptocurrencies for a daily trading scenario.

This is because there have been regular price jumps, which, if timed well, can pay handsome dividends. Moreover, it has demonstrated staying power. Sticking with SATS for the rest of the year will most likely leave you very happy when alt season gets going again.

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