The crypto market has sprung into action again. Lit green, top cryptocurrencies are reversing the losses they made last year with new vigor.??
Bitcoin has touched $25k again, adding momentum to the ongoing crypto bull run. These three cryptocurrencies make excellent investments this season.
The crypto market has sprung into action again. Lit green, top cryptocurrencies are reversing the losses they made last year with new vigor.??
But can they sustain the upturns??
Not all of them can. Those backed by robust projects with disrupting visions and ambitious roadmaps will, however. Here is a look at the top three cryptocurrencies that make excellent investments this season.??
BTC has taken a steep upturn in the last few days, briefly crossing $26,000 before pulling back to $24,683.09. An 11.75% rise in the weekly charts has instilled faith in investors to turn most of the market green. But what is more surprising is the fact that the BTC market cap has outstripped Meta, JPMorgan Chase, and Visa to name a few. It is tailing tech giant Tesla now.??
BTC 7D price chart, 15 Mar 2023?
Much of the dramatic turn of events has to do with the crisis in the banking sector. Evidently, people are losing trust in traditional financial services. They are on the lookout for more decentralized and democratic alternatives. It doesn’t come as a surprise that their eyes have struck cryptocurrencies. BTC will continue to tap into this new stream of investments in the next months.??
While a quick jump to the all-time high of $68,789 seems unlikely, BTC can cross $45,000 if the market maintains the momentum.??
Stacks is inarguably one of the hottest cryptocurrencies of 2023. The token has taken a 237.0% leap in the last thirty days alone.? That doesn’t come as a shock, since the project enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain.??
STX 3M price chart, 15 Mar 2023?
If the project’s robust makeup and roadmap are any evidence, STX still has a long way to go.??
Why???
The market cap of $1,372,840,578 doesn’t justify the market relevance of the project.??
Crypto gaming has played a key role in taking blockchain and digital assets to the mainstream. They bridge the gap between Web 2.0 and Web 3.0. Crypto gaming tokens should make up at least 20% of your crypto portfolio, since gaming accounts for half of all blockchain use. $SWDTKN, the native cryptocurrency of Swords of Blood , is an excellent gaming token to buy this year.??
Another important factor that underscores the appeal of the project is that the token is currently in the presale phase. That is, you can stock up on the tokens at heavily discounted prices before the broader market follows suit. The $SWDTKN presale is held in March 2023 in three stages, leaving large room for returns for early investors. The price will increase as the presale moves to the next stages.??
As an early token holder, you also become eligible for the game’s closed beta, automatic whitelisting to future NFT sales, and phygital giveaways.??