As the cryptocurrency market continues its upward momentum on Tuesday, in anticipation of the US Presidential debate, investors are actively exploring altcoin markets to identify the most promising cryptocurrencies to invest in at this moment.

Bitcoin (BTC) has experienced a notable increase, rising approximately 1.0% in the last 24 hours, reaching the mid-$57,000 range. This marks a significant recovery from last week’s dip to mid-$52,000s, showing a nearly 10% increase.

Ethereum (ETH), Solana (SOL), BNB (BNB), and other major altcoins have also followed this upward trend over the same period, according to CoinMarketCap data.

Crypto enthusiasts are particularly hopeful about the potential impact of tonight’s debate, where Republican Presidential nominee Donald Trump is expected to perform well. Trump has recently expressed strong support for cryptocurrencies, positioning himself as a pro-crypto candidate. In contrast, the Democrats have generally been associated with anti-crypto policies.

Additionally, the upcoming US Consumer Price Index (CPI) inflation data release on Wednesday is anticipated to reveal a continued easing of price pressures. These two events could serve as significant catalysts, potentially driving BTC above the $60,000 mark and testing its 50-day moving average (50DMA).

However, investors seeking quick gains might find better opportunities in smaller, lesser-known altcoins that exhibit strong momentum. Here are some promising candidates for the best cryptocurrencies to buy now.

Could These Altcoins Be the Best Cryptocurrencies to Buy Now?

One notable contender is the decentralized computing network Internet Computer (ICP), which has surged by 12% in the past 24 hours, according to CoinMarketCap. ICP is currently in the $8.0 range and has recently broken through its 50DMA, challenging its late August highs near $9.0. Significantly, this recent price rise has helped ICP break out of a downtrend that started in March. A retest of the support-turned-resistance around $11 and subsequently the yearly highs above $20 could be on the horizon. With the potential for a quick 2x rally, ICP stands out as a strong candidate for the best crypto to buy now.

Another promising option is Artificial Intelligence Alliance (FET), which has recently increased by nearly 9.5%, reaching approximately $1.33. FET is teasing an upcoming announcement on X, which could further boost its momentum. Technically, FET is looking robust, having recently bounced from its 50DMA after breaking above a downtrend from the May highs. A swift rally back to the March highs in the $3.5 range could be possible, making FET another strong contender for the best crypto to buy today.

The final high-performing altcoin on today’s list is Bitcoin SV (BSV), a 2018 fork of the original Bitcoin blockchain. BSV has risen by 9% in the past 24 hours, reaching $50.59, according to CoinMarketCap. BSV is making significant progress towards retesting the top of its multi-month $32.70-$56.5 range. A breakout above this range could pave the way for a retest of yearly highs above $120. With the potential for BSV to double in value, it is another strong candidate for the best crypto to buy now.

For investors seeking high-potential opportunities, crypto presales offer an attractive option. Presales enable investors to enter promising crypto projects early at highly discounted valuations. Although they carry higher risks compared to established coins, they also offer much greater potential for appreciation.

Analysts at Cryptonews.com closely monitor the presale market and have identified several top picks for investors looking to capitalize on these opportunities.

In conclusion, while major cryptocurrencies like Bitcoin and Ethereum continue to show strength, smaller altcoins such as Internet Computer (ICP), Artificial Intelligence Alliance (FET), and Bitcoin SV (BSV) present compelling opportunities for quick gains. Additionally, crypto presales offer high-risk but high-reward potential for those willing to take on more risk.