Market Analysis

Top Cryptocurrencies That May Give You Massive Profit in This Coming Bull Run

    

Read CRYPTONEWSLAND on google news

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. 

Source: TradingView

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.

José Gustavo

José is a crypto enthusiast who trades crypto night and day. He loves to share his trading stories and experiences in all his published articles. José likes to hang out and travel to meet new friends. Enjoys sushi, vodka, and tequila.

Recent Posts

VET Prints Possible 500% Price Boom as VeChain Answers Aching Question of Why 2 New Tokens with VeBetterDAO

#VeChain explains how its two new tokens will never take demand away from #VET and…

45 mins ago

Crypto Market on Fire: 5 Crypto Gainers Today –  Should You Buy Now or Pass?

🚀 Crypto Market Update: KMNO, TRB, DEGEN, SHRAP, and AR on the Rise! 🔥 #CryptoNews…

2 hours ago

Impending Kaboom Awaits XRP Army, Analysts Explain What’s Next for the Asset, $9 Loading?

Popular #crypto and #XRP analysts come together to watch the charts and cite their analysis…

2 hours ago

Breaking News: BEFE Coin Emerges as the MEME Coin for Riches

#BEFECoin and its rags-to-riches story has captured the hearts of millions of die-hard fans and…

3 hours ago

Crypto Fortresses: Vitalik Buterin’s Revolutionary Security Insights

Vitalik Buterin's Crypto Security Insights Unveiled! Learn the latest in #CryptoSecurity #VitalikButerin #Multisignature. Protect your…

3 hours ago

Get in Early: Bitgert Coin Emerges as the Top Trending Crypto

Looking deeply into the #cryptomarket lately, #BitgertCoin is emerging to the surface as a major…

4 hours ago