The recent emergence of Bitcoin has brought attention to the dynamic world of cryptocurrencies. [BTC] Halving event that affected the prices of all major cryptocurrencies.
The cryptocurrency's all-time high recorded a bullish swing today as Bitcoin crossed the $64,000 mark.
On the other hand, Ethereum [ETH] Price approaches $3,310, Solana [SOL]ripple [XRP]Cardano [ADA] A considerable profit was made.
As traders enter the ever-evolving world of cryptocurrencies, they often wonder how to buy the currencies that will yield the most profit.
Here are five cryptocurrencies that are currently doing well in the cryptocurrency space.
Bonk
BONK has shocked investors with significant gains over the past week. The Solana-based meme coin is rising above average, with its price increasing by 25.8% over the past 7 days.
The token became one of the most expensive crypto assets this week. The price of this meme coin increased from $0.00001993 to $0.00002605.
BONK is Solana's social layer and community meme coin, tightly integrated as a utility token across a wide range of applications and protocols within the Web3 ecosystem.
pepe
Frog-themed meme coin “PEPE” continues to rise in the cryptocurrency market, rising 25.7% in one week, increasing its value to $0.000007362, with a market capitalization of $2,995,621,883 and a trading volume of 7 The total amount was 62,324,339 dollars.
PEPE recovered quickly after several days of slow progression. This rally has brought Memecoin closer to its all-time high benchmark of $0.00001074, which could happen if this momentum continues.
This surge can be attributed to a group of passionate investors, especially whales who own large amounts of stocks and have recently stepped up their investments.
hedera [HBAR]
HBAR was one of the few cryptocurrencies whose price was unaffected by the March bull market. However, in the current crypto recession, this coin has outperformed other coins.
The coin has gained 21.5% over the past week. change hands with $0.1066. Notably, its trading volume increased by an average of 7,500% per day.
Hedera is a public hash graph network and governing body designed to meet your needs. of the mainstream market.
The platform is set to become the world's first widely accepted public distributed ledger, offering a wide variety of applications.
Floki
Floki Inu [FLOKI]the popular dog-based meme cryptocurrency that operates on the Ethereum blockchain, is one of the coins to watch, with its price up more than 6% in the last week.
Memecoin reached a monthly low of $0.0001203 before rising to $0.0001804. Despite facing several hurdles, FLOKI emerged as the best-performing cryptocurrency this week.
Recently, crypto market specialist Captain Fibin shared an article on X (formerly Twitter) highlighting Floki’s breakthrough from the bullish flag pattern on the daily timeframe chart.
A bullish flag pattern indicates that a cryptocurrency will undergo a short period of consolidation within an uptrend, after which the price will rise.
Zebec Protocol (ZBC)
ZBC rose 37.2%, making it the biggest gainer among cryptocurrencies over the past week. ZBC was trading at: $0.03112 at the time of writing.
The coin’s RSI is seen hovering in overbought territory, indicating strong bullish momentum. OBV has confirmed momentum in the bulls’ favor.
The Zebec Protocol's decentralized infrastructure network is designed to create a mechanism through which real-world value flows freely and seamlessly.
This will give investors and cryptocurrency enthusiasts instant access to funds and tokens, enabling instant financial management and fostering a more inclusive and accessible financial environment.
Disclaimer: This is a paid post and should not be treated as news/advice.