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The cryptocurrency market has witnessed the best of both bullish and bearish worlds this year as buying and selling opportunities alike have presented themselves. As a result, these cryptocurrencies are making a name for themselves in the crypto scene:
1. BorroeFinance ($ROE)
Tech savvy investors have been on a BorroeFinance ($ROE) buying spree since the network has raised more than $1.7 million at the presale stage thanks to its quest of being a significant Web3 catalyst.
As a result, BorroeFinance has been illustrating itself as one of the best coins to invest in since it incorporates non-fungible tokens (NFTs), blockchain technology, smart contracts, and artificial intelligence (AI) into revenue financing.
This comes in handy in enabling Web3 participants to access immediate cash, given that their recurring income is converted to NFTs, which are then traded off on BorroeFinance’s market to willing buyers.
This revolutionary approach is making BorroeFinance one of the top crypto coins because its native token called $ROE is being bought at a high rate.
Therefore, $ROE is emerging as the best crypto to invest in now since more than $1.7 million has been raised at the presale level thanks to BorroeFinance’s quest to remove stumbling blocks like liquidity challenges in the Web3 sector.
2. Cardano (ADA)
Having already recorded a monthly increase of 22.6%, Cardano (ADA) is emerging as one of the altcoins to watch thanks to heightened development activity.
The MACD histogram illustrates a bullish trend, with the moving averages showing buy signals. ADA is also witnessing an uptick in NFT sales, showcasing that the long-term outlook is positive.
3. Solana (SOL)
Solana has been a force to be reckoned with this year because the coin has reached unprecedented heights. For instance, the sixth-largest cryptocurrency has scaled heights and hit the $64.00 level, with its market capitalization surging to $27 billion.
SOL has been able to erase weekly lows of $53.99 since its currently trading at $63.57, with Ark Invest CEO Cathie Wood recently stipulating that Solana was one of the most promising networks.
4. Bitcoin (BTC)
Bitcoin has been on the right footing, given that the leading cryptocurrency is continuously edging closer to the psychological price of $40,000.
BTC was up by 4.5% in the past week to hit $39,479 at the time of writing, according to CoinGecko data.
This shows that Bitcoin is depicting itself as one of the best cryptos to buy, with institutional investors setting the ball rolling.
Since Bitcoin’s dominance in the crypto market is above the 50% mark, the top cryptocurrency continues to call the shots, with the moving average convergence divergence (MACD) indicator illustrating an uptrend.
5. Ethereum (ETH)
Having breached the $2,100 level, Ethereum is showcasing a bullish outlook. The second-largest cryptocurrency based on market cap was up by 3.7% in the past week to hit $2,163 at the time of writing, according to CoinGecko data.
Ethereum is eyeing a potential bullish crossover on its weekly chart as illustrated by the 50-SMA and 200-SMA indicators. ETH might also witness heightened buying pressure, given that its relative strength index (RSI) is above the 60 mark, making it one of the top altcoins to watch.
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