In a somewhat sad period where Bitcoin even dropped below $90,000, various well-known cryptocurrencies are on the rise again. What’s going on and which crypto should we buy today for the best results?
Bekende crypto’s die na de dip gestegen zijn
Last week was incredibly volatile for the cryptocurrency market. Yesterday, nearly all cryptocurrencies reached their lowest points, but many have since significantly recovered.
Bitcoin
On Monday, Bitcoin was temporarily trading at $89,941, but as I write this, the price of this well-known cryptocurrency stands at $96,673. Compared to a week ago, it has risen by 2.13%. The biggest increase occurred on Monday and Tuesday, which is why trading volume is slightly lower today compared to yesterday. At the moment, Bitcoin is consolidating around its current value. It’s possible that this could create momentum for further growth.
Over the past week, Ethereum has experienced a significant drop, but it’s been somewhat recovering in the recent days. Whereas ETH reached a lowest point of $2996 on Monday, it is currently trading at $3209. It’s worth noting that the trading volume over the last 24 hours has decreased, causing the price to drop by 0.69%. This represents a decline of 4.32% over the past week. If Ethereum manages to break above the resistance level of $3289, it could continue climbing further.
On Monday, it was barely noticeable that Ripple‘s cryptocurrency XRP experienced a dip due to its massive surge this week. Currently, XRP is trading at $2.81. In the past seven days, this cryptocurrency has risen by 21.16%, with 8.77% of that increase happening within the last 24 hours. The trading volume of XRP continues to grow (37.39% in the last 24 hours) and so does the open interest (14.41%). Today, the SEC plans to file an appeal against Ripple, and this may be due to speculation surrounding the ongoing lawsuit. Despite this, XRP is one of the top-performing well-known cryptocurrencies today.
As an analyst, I observed that Dogecoin’s price dropped to $0.315 at the start of this week, but it currently trades at $0.3542, recovering and posting a weekly gain of 1.45%. Although growth has slowed slightly, over the past 24 hours, DOGE managed to rise by 0.63%. Despite a 21.86% decrease in trading volume compared to yesterday, Coinglass reports an increase in open interest by 3.82%, indicating that the meme coin is still attracting new investors.
For some time now, Cardano has been grappling with the psychological barrier of $1, and currently, ADA is trading slightly above that at $1.01. At the start of this week, the ADA price was briefly at $0.8994, but it has since recovered. The decline it experienced over the past week has therefore been reversed. In the last 24 hours, the price even rose by 3.58%, resulting in a weekly increase of 1.24%. It’s worth noting that for this cryptocurrency, trading volume in the last 24 hours has slightly decreased (4.6%), but open interest has increased (5.77%).
Onbekende cryptomunten met potentie om ook te klimmen
During periods of optimism about well-known cryptocurrencies, some investors seek out new digital currencies that have the potential to benefit from the prevailing sentiment. While it’s important to note that this is not a guarantee, many significant explosions often occur when these cryptocurrencies are released from presale and listed on exchanges. Below, we present a few new meme coins currently in their presale phase.
Wall Street Pepe ($WEPE)
Wall Street Pepe (WEPE) quickly became extremely popular, and today it has already amassed over $48 million in profits. This doesn’t necessarily reflect success on the exchanges, but it is still a notable achievement. This project focuses entirely on its community, or the WEPE Army. As such, members gain access to exclusive market insights and trading strategies.
The strength of Wepe is in every hand that holds it.
— Wall Street Pepe (@WEPEToken) January 13, 2025
The aim of this project is to unite the forces within the WEPE Army to become wealthy and take on the big whales. Acquire $WEPE tokens at a price of $0.00036648 before it rises again over two days. (Informal)
or
This project’s goal is to join forces within the WEPE Army, aiming for wealth and confronting the big players. Grab $WEPE tokens at a price of $0.00036648 before it increases again in two days. (Neutral)
Bezoek Wall Street Pepe
Solaxy ($SOLX)
The new meme coin, Solaxy ($SOLX), focuses on enhancing the network of Solana and amplifying its key strengths. With its own Layer-2 solution built on top of the Solana network, Solaxy improves the speed, scalability, and reliability of Solana.
The project offers benefits for both network users and developers. Investors gain access to a profitable meme coin that collaborates with both Solana and Ethereum, and developers no longer need to compromise on performance when working with Solaxy. Purchase the $SOLX token today at just $0.0016 per piece as its price is expected to rise further.
Bezoek Solaxy
Mind of Pepe ($MIND)
Are you always eager to have access to market insights that are typically only accessible to whales and insiders? The new meme coin, Mind of Pepe ($MIND), champions the smaller traders on the market who struggle to find reliable information about the market.
Investors associated with MIND gain access to information collected by an AI-driven bot. This bot is consistently monitoring social media platform X, enabling MIND investors to be among the first to know about the sentiment and trends surrounding crypto. Currently, you hold a $MIND token priced at 0.0031134 per unit.
Bezoek Mind of Pepe
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2025-01-15 15:43