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Cryptocurrency continues to be one of the most famous digital assets in the world today. The technology behind these cryptocurrencies made them so popular among investors globally.
Cryptocurrencies are also less likely to be hit by inflation, making them an alternative currency to fiat. The countries such as Lebanon, Argentina, and Venezuela are known to mass adopt the technology of cryptocurrencies to avoid rising inflation.
Did you know? Ethereum started at a price of $0.3 in 2015. If you are one of the people who believed and stacked Ethereum by that time, you are now filthy rich.
So…are you now planning to buy and hold cryptocurrencies? If yes, you are in the right place. For beginners in the space, this might be a very helpful piece in your crypto journey. Meanwhile, experts can consider this article as an additional reference to their existing trading strategies.
Top cryptocurrencies to invest in the bull market
Polygon (Matic)
Polygon is a decentralized network that uses the Ethereum scaling platform to enable developers to build Dapps with low transaction costs. As of today, Polygon is able to save over $140 million worth of gas fees. Indeed, this is an achievement that attracts global investors.
Aside from its low gas fees, Polygon is also able to record more than 1.8 billion total transactions on its network. These transactions continue to grow over time as days go by, thanks to all its communities that remain exclusive to Polygon.
Polygon is also known to be a supporter of Web3.
Did you know? Polygon network was chosen by Disney to support their upcoming metaverse project.
As of now, Polygon trades at nearly $1 with a huge market capitalization of almost $6 billion.
With all these achievements and features discussed above, we can say the Polygon has the potential to surge in the coming months.
As seen in the chart above, MATIC RSI and MACD continue to move in an uptrend position. In other words, the RSI of the crypto maintains its position within the 70-30 level, a bullish indicator. Meanwhile, the MACD of MATIC is seen to move above the “0” level, an uptrend signal.
If this bullish performance of the crypto continues to sustain, MATIC might be able to hit $1 in no time or even skyrocket its price to nearly $3. But of course, this price forecast has a big chance of happening if the bullish market continues to favor MATIC in the coming months of the year.
Cronos (CRO)
Cronos is an all-in-one cryptocurrency platform that offers services like wallet, exchange, debit cards, and brokerage. Users of the crypto exchange can benefit from over 250 cryptocurrencies that are listed on the network. In addition, traders can easily buy cryptocurrencies in the exchange using bank credit or debit cards.
Cronos also offers competitive staking rates where investors can invest in return for high rewards. In terms of marketing reach, Cronos partnered with famous brands across the globe, such as Toyota AFL Premiership Season and NAB AFLW competitions, to name a few.
Did you know? Cronos bought the naming rights of the famous basketball dome “Staples Center”, naming it Crypto.com arena. It is one of the biggest naming rights deals in history.
To wrap it up, Cronos is one of the most aggressive cryptocurrencies in the industry when it comes to development and market expansion. If this performance keeps on, Cronos may be one of the top cryptos in the market.
Cardano (ADA)
Cardano is a blockchain cryptocurrency network that offers tools for innovators and visionaries to create technologies using blockchain. With its aim to enhance its network, Cardano is almost in its final phase in completing its Vasil hard fork upgrade. As per Charles Hoskinson, the upgrade will massively improve the network’s scalability and performance.
Despite the carnage that the cryptocurrency market has been experiencing lately, Cardano is able to maintain its position in the market. Proving that the network can maintain its stability regardless of the market behavior. This quality that Cardano possess is not common in the market, or in other words, some cryptocurrencies drastically break out front of their market position and never recover.
Did you know? The price of Cardano in 2021 went over $3.
As of now, Cardano ranks as one of the top 10 cryptocurrencies in the market. It currently trades at $0.46 per cryptocurrency with a huge market cap of over $15 billion.
Kadena (KDA)
Kadena is one of the popular digital assets in the cryptocurrency space. Traders and investors can seamlessly buy, sell, and trade KDA on exchanges such as Gate.io, KuCoin, and BKEX.
When it comes to its technology, KDA aims to solve the current problems that Ethereum is encountering in terms of scalability and interoperability. Its main solution to solving these problems is by uniting public applications, private blockchains, and interoperable chains all in one place – Kadena public chain.
Did you know? Kadena launches a $100 million grant program for Web3 builders.
So… if you are satisfied with Kadena’s features and technology, what are you waiting for? Kadena is available in many cryptocurrency exchanges. Check it out.
Disclaimer: The views and opinions in this article belong to the writer alone, and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article should be taken as financial advice, whether expressed or implied. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends that all readers conduct in-depth research before investing in cryptocurrency.
disclaimer read moreCrypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
