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Cryptocurrency analysts named the 5 best tokens to buy this weekend
The cryptocurrency sector started 2023 in the green zone, with most digital assets increasing in value and reaching local highs. Analysts at Finbold have published a list of the top 5 best digital assets to buy this weekend. We emphasize: not financial advice!
Bitcoin (BTC)
The flagship cryptocurrency is leading the market revival, stabilizing the price above the key $ 20,000. At the time of writing, bitcoin is trying to hold its position above $ 21,000. According to crypto experts,
BTC
$76,603.36
Bitcoin
1.89%
Market capitalization
$1.52 trillion
VOL. 24 hours
$3.61 billion
demonstrates overall strength despite the recent news: the US Department of Justice’s plans to tighten control over digital assets, a possible 50 basis point rate hike, and the bankruptcy of Genesis.
Shiba-Inu (SHIB)
As of January 18, Shiba Inu recorded capital inflows of about $ 1.7 billion during the week. Apparently, the token is trying to gain momentum to regain its 2021 highs. Finbold analysts are convinced that
SHIB
$0.00001902
Shiba Inu
1.66%
Market capitalization
$11.21 billion
VOL. 24 hours
$0.11 billion
will succeed in doing so, especially thanks to the project’s development initiatives. Users are looking forward to the upcoming launch of a second-level blockchain called Shibarium.
XRP
Despite the development of a court case between Ripple and the Securities and Exchange Commission (SEC), the token is aimed at overcoming the resistance level of $ 0.40. Experts believe that
XRP
$0.55
XRP
3.65%
Market capitalization
$31.51 billion
VOL. 24 hours
$0.21 billion
is an ideal asset to buy over the weekend with the possibility of growth in the future. According to CoinGecko, XRP has managed to rise by 4.6% over the past 7 days.
Kava (KAVA)
According to experts, KAVA is experiencing a bullish trend line, standing out among altcoins with a price breakout. The cryptocurrency grew after Coinbase announced that it had placed the token on the platform. The developers of
KAVA
$0.34
Kava
0.85%
Market capitalization
$0.37 billion
VOL. 24 hours
$1.93 million
hope that the listing of KAVA on Coinbase will contribute to further organic growth.
Aptos (APT)
Aptos, a blockchain startup by former Facebook employees Avery Ching and Mo Shaik, has great prospects, according to Finbold. Since APT remains relatively cheap, investors are actively buying it — the token may grow in the future when it reaches real use cases for its scaling solution.
«We are confident that the technological competitiveness of the Aptos team will increase the scalability of the blockchain infrastructure, as well as support new Web3 projects ,» said Yi He, head of Binance Labs, in late September. Aptos developers are already using Binance’s investment to create a secure and scalable blockchain, expand their staff, and develop the project’s infrastructure. The first step was the listing of the Aptos token in October.