In recent two days, as the SEC required exchanges to update their spot Ethereum exchange-traded fund (ETF) filings, indicating potential progress toward spot Ether ETF approvals. Adding fuel to the fire, Bloomberg Intelligence analyst Eric Balchunas significantly upped his prediction for approval, now at 75%, up from 25%.

At present, almost all attention of investors are attracted to whether Spot ETH ETF would get approval this year. Fueled by the news, Ethereum spikes to fresh two-month highs above $3,800. Meanwhile, traders are seeking for the best crypto to buy now that might hand them the quickest gains in the current market environment.

Although ETH could still be the best crypto to buy now, we explore some other strong-performing altcoins that might offer even greater upside potential than Ethereum.

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Pepe (PEPE)

Pepe (PEPE) is a meme coin developed as a tribute to “Pepe the Frog” internet meme. PEPE works as an ERC token built on the Ethereum blockchain. Since launched in April 2023, PEPE has rapidly gone viral.

Although the official website of Pepe Coin states that PEPE is a meme coin with no intrinsic value or expectation of financial return, it has still successfully won the hearts of the vast number of coin traders on the social media platform and built a loyal community that is full of expectations for the future of this meme coin.

Over the past two days, Pepe (PEPE) has spiked over 50% to fresh record highs above $0.000014. As of writing this article in May 22, Pepe (PEPE) is traded at a price of $0.00001360, up 23.41 % over the past 24 hours. While Pepe’s market cap is just under $5.8 billion as per CoinMarketCap, Pepe could yet move higher and could still 5x from current levels this bull market, making Pepe potentially the best crypto to buy now.

The following sets forth PEPE to USD Chart

Pepe Chart

Buy Pepe (PEPE)⇓

Arbitrum (ARB)

Arbitrum (ARB) is a native token based on the Arbitrum network . Arbitrum is an Ethereum-based Layer 2 scaling solution designed to improve the performance, scalability, and security of blockchain networks. Arbitrum leverages optimized rolling chain technology to achieve lower transaction costs, higher transaction speeds, and more complex smart contract applications.

ARB tokens have a variety of function within the Arbitrum network, including paying transaction fees, governing voting, and participating in cybersecurity. With the continuous development of the Arbitrum network, the application scenarios of ARB tokens are expected to further expand.

ARB recently surged back above $1.20 for the first time in a month. As of writing this article in May 22, Arbitrum (ARB) is traded at a price of $1.16805455, up 1.21 % over the past 24 hours. As traders bet on Ethereum ecosystem growth, quick 2x gains could be instore for ARB, making it  one of the best crypto to buy now.

The following sets forth ARB to USD Chart

Arbitrum Chart

Buy Arbitrum (ARB)⇓

Uniswap (UNI)

Uniswap is a decentralized exchange that enables peer-to-peer market making. Uniswap is also a cryptocurrency whose symbol is (UNI). Launched in November 2018, Uniswap allows users to exchange and trade various cryptocurrencies without the involvement of a centralized intermediary.

The Uniswap blockchain is hosted on the Ethereum platform and governed by UNI holders. Uniswap describes its blockchain as a public good. The Uniswap blockchain is open source, meaning that anyone can view and contribute to the blockchain’s code.

Uniswap was recently hit by a Wells Notice from the agency.  Its outperformance could be related to hopes the SEC takes a softer-than-initially-feared stance against them after the Ethereum u-turn. As of writing this article in May 22, Uniswap (UNI) is traded at a price of $1.16805455, up 1.21 % over the past 24 hours. As UNI could soon retest yearly highs around $17, making it potentially the best crypto to buy now.

The following sets forth UNI to USD Chart

Uniswap Chart

Buy Uniswap (UNI)⇓

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Conclusion

Amid growing hype around spot Ethereum ETF approvals, Pepe (PEPE), Arbitrum (ARB) and Uniswap (UNI) emerge as the best crypto to buy now with their recent excellent performance and huge potential for high return.

However all investors should note that the digital currency market is highly risky and any investment decision needs to be made with great caution. Before investing in any cryptocurrency, it is important to understand and manage the related risks.

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How to Trade Futures on BTCC?

BTCC offers  Perpetual Futures contracts with leverage up to 225×, you can buy over 300 cryptocurrencies on BTCC at the most competitive price and highest security.

The following sets forth the guidance for trading futures on cryptocurrency exchange BTCC:

Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.

Step Two: on the BTCC official homepage, choose “Deposite” > “Fiat Deposit”, and then fund your account.

Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find the crypto trading pair.

Step Four: choose the contract trading order type. BTCC contract orders are divided into market orders, limit orders and SL/TP orders.

• Market Order: users place orders at the best price in the current market to achieve fast trading.
• Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
• SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and the crypto futures contract order is completed.

＼Deposit and Receive Up to 10,055 USDT!／