Crypto: 3 Altcoins to Buy This Dip
With the current momentum of prices in the crypto market, now is the time to invest most heavily in altcoins. And if you’re still unsure which altcoins to prioritize, we’re here to help. Here are 3 altcoins you could invest in now to increase your chances.
Chainlink (LINK)
If you’re looking to invest in cryptos at this time, start by considering Chainlink. Chainlink is a blockchain oracle network that assists Ethereum smart contracts in connecting to payment systems, APIs, and various external data sources. The project has a lot of potential.
The project’s native token, LINK, is currently trading at about $14.24 on CoinMarketCap with sustained growth over the past 7 days. After reaching its all-time high of $52.8761 in May 2021, LINK could soon set a new record.
Avalanche (AVAX)
A fierce competitor of Ethereum with a multi-chain approach, Avalanche has managed to attract major players like MasterCard. Since 2021, in fact, the blockchain has entered the Top 10 most used blockchains. This is unsurprising, given that it was built to address issues of scalability and transaction costs on Ethereum.
Despite a recent setback, its cryptocurrency, AVAX, shows a clear upward trend over the past few days. Its current price is about $36.08 on coinmarketcap with a growth of 3.79% in the last 24 hours.
Solana (SOL)
While this is not investment advice, we suspect that Solana (SOL) will make big waves in the coming months. Its performance over the past year has positioned it among the cryptocurrencies to be recommended this year.
With a growth of 7.05% over the last 7 days, the cryptocurrency is currently trading at nearly $147.39 on coinmarketcap, well below its ATH of $260. Solana could clearly be an excellent investment opportunity for this altcoin season. It’s up to you to choose your altcoin and get started as soon as your calculations are correct.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.