Top Three Crypto Coins Ready For Steady Profits Over Time
Top Three Crypto Coins Ready For Steady Profits Over Time

The cryptocurrency market is currently running in the green. With Bitcoin rallying ahead, the bullish phase is in full swing. Bitcoin recently hit a new ATH of $70k. With a minor pushback, the cryptocurrency is still holding steady.

With the rise of BTC, leading crypto coins and altcoins are now exchanging hands in a positive market reversal. Several altcoins are reporting increased user interest and inquiries, catapulting them to new highs.

Keeping in mind the growing interest of users and traders, here is our list of the top three picks of crypto coins that have created a reliable ecosystem for investors to explore and invest in.

Also Read: Crypto Market Green as FOMC Rates Remain Unchanged

Top three crypto coins ready to provide stable profits over time

Cryptocurrency: Top 3 Under $1 Coins to Buy Before Bitcoin Halving

According to Santiment, ChainLink has recently pioneered the development of star networks. The blockchain’s native token, LINK, has been performing well lately. The token is trading at $18, down 0.34% at press time.

LINK is lucrative given its expansive state of blockchain affairs. According to Santiment, ChainLink is currently leading the development of the crypto project, forcing users to try new product offerings.

According to CMC, “Chainlink is a blockchain abstraction layer that enables universally connected smart contracts.

Blockchain allows other networks to seamlessly connect to external data sources, disseminating important information across the necessary fronts.

According to CoinCodex, LINK is expected to recover during this bull season, predicting an uptrend.

“According to our current Chainlink price forecast, the price of Chainlink is predicted to increase by 20.47% to reach $21.99 by April 21, 2024. According to our technical indicators, the current sentiment is neutral, while the Fear & Greed Index shows 75 ( greed). Chainlink recorded 15/30 (50%) green days with 5.37% price volatility over the past 30 days.”

Cryptocurrency #2: Cardano ADA

Cardano is another promising blockchain struggling to establish supremacy on the network. According to data from Santiment, Cardano is second only to ChainLink in terms of development frequency, signaling an upward future epidemic.

Cardano’s popularity can be understood from the fact that its TVL has seen a steady rise in its metrics. According to a recent Messari report, “Cardano’s TVL increased by 166% QoQ and 693% YoY.

According to CoinMarketcap, ADA is maintaining a steady pace, trading at $0.63 at press time. The Cardano community hopes that the token will soon catch the momentum of the bull market to cross the $1 mark.

According to CoinCodex, Cardano may soon go on a bullish streak.

“Cardano is forecast to trade in a range of $0.587267 and $2.82 by the end of 2024. If it reaches the above price target, ADA could increase by 342.72% to reach $2.82.”

Cardano’s solid growth prospects are what make its ecosystem a solid investment to explore and invest in.

Also Read: Cryptocurrency: Top Three Solana Meme Coins That Could Increase 50x This Bull Season

Cryptocurrency #3- Ethereum ETH

Ethereum is a decentralized open source blockchain. According to CMC, blockchain is pioneering smart contract capabilities. Ethereum is designed to repeat the principle of “one computer for the whole planet” to make any program run smoothly on the blockchain.

Additionally, what makes ETH unique is its ability to host other tokens.

“The Ethereum blockchain can host other cryptocurrencies called ‘tokens’ through the use of its ERC-20 compatibility standard. Over 40 of them are in the top 100 cryptocurrencies by market capitalization, for example USDT, LINK and BNB. Since the advent of the Play2Earn games, there has been a significant increase in interest in the price of ETH to PHP.” CMC later elaborated

With diverse use cases and a future full of possibilities, Ethereum is poised to gain significant market momentum soon.

CoinCodex predicts new price indicators for Ethereum given its current trajectory.

“According to our current Ethereum price forecast, the price of Ethereum is predicted to rise by 2.10% to reach $3613.78 by April 21, 2024. According to our technical indicators, the current sentiment is bullish while the Fear & Greed Index shows 75 (greed). Ethernet recorded 17/30 (57%) green days with 9.71% price volatility over the past 30 days.”

The platform predicts that ETH may climb back to ATH by the end of this year.

“Ethereum is forecast to trade in a range of $3,539.51 and $6,643.54. If it reaches the upper price target, ETH could rise by 89.89% to reach $6,643.54.”

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *