June Edition: 3 Cryptos to Invest in Before Going Crazy

A new wave of bull runs is changing the cryptocurrency market in ways never seen before. As retail connections make room for new records, many digital assets are racing to take advantage of this opportunity. The biggest cryptocurrency to buy has shown the ability and potential to increase the profits of holders. One wonders if the noise generated by competing initiatives will cloud investors’ opinions.

The overall value of the blockchain asset market is increasing due to the pooling of liquidity from the merging stock and cryptocurrency markets. From token to token, the strength of growth can still vary, so it is better to take a chance than to grab all the money at once. When an investor divides their portfolio into several cryptocurrencies, diversification can provide a buffer against sudden changes in the performance of individual coins. If you want to catch a wave of growth, find out what you should focus on.

3 Cryptos to Invest in Before Going Crazy

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Notcoin (NOT-USD)

During the last bull run, revenue games gained a lot of traction by catering to cryptocurrency enthusiasts. This distinction is blurred by Notcoin (NOT-USD), which enables users to participate in coin-earning games using the Telegram app. Thanks to its advantages in social mobility and accessibility, Notcoin has attracted 35 million users less than a month after its inception. The project’s viral expansion is facilitated by leaderboards and search, as well as community and friend participation.

Notcoin went live on Binance two months ago. From a pre-sale price of $0.001, it reached a peak of $0.028 in June. 2730% increase in novice and experienced traders. As a result, the coin reached the 53rd place in the ranking, with a market value of $1.83 billion.

The upward trend slowed significantly after the debut, as is typical for the post-listing period. The coin has risen by 26% in the past month and experts are optimistic that this is just the beginning of the project’s potential. Among other cryptocurrencies, they recommend not buying and project growth of 172.64% by the end of 2024.

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Solana (SOL-USD)

News feeds have been talking about the benefits of Solana (SOL-USD) until recently, especially its strong technical foundation and the expansion of projects on this blockchain platform. However, due to its swift actions to guarantee a level playing field for all participants, the currency is currently at the top of the list of cryptocurrencies to buy. The outlaws involved in sandwich attacks were punished at the end of the narrative.

The November 2021 price record of $260.06 is still intact, but the currency is not losing momentum to get there. SOL showed an increase of 891.44% to $202.87 over the previous year. The currency bounced back to the $150–$170 region with minor correlation, although Solana was less affected by this market move compared to other tokens.

Interest in SOL has not waned, as average daily trading levels have hovered between $2 and $5 billion over the past month. A similar picture is painted by the dynamics of the number of active wallets, which increased by 400,000 last month. With the addition of 3.6 million new token accounts, the network is about to enter a new phase of growth.

Binance Coin (BNB-USD)

Source Irina Budanova via Shutterstock.com.
Binance Coin (BNB-USD), now ranked fourth in terms of market capitalization, is happy about reaching new milestones. 200 million people use the cryptocurrency exchange, which is a remarkable achievement considering how recently it launched in 2017.

This cryptocurrency evangelist offers a range of services including decentralized finance (DeFi), futures contracts and spot trading. BNB is used in many transactions on the platform, increasing demand and setting the coin up for future gains.

The price of BNB has increased by 159.83% in the last year and is now above $700. The dynamics of the token is less prone to sudden changes compared to other cryptocurrencies. With a large client base and a strong crypto platform as its backbone, Binance Coin is flexible to changing market sentiment. The intrinsic value of the underlying token increases the value of the token. Analysts are optimistic because of the growing popularity of this transaction and investment tool. With the expected short-term growth, the coin could reach $750-$850, placing BNB in ​​the category of profitable investment cryptocurrencies.

Julia Magas has no interest, directly or indirectly, in the securities discussed in this article as of the date of publication. An opinion has been expressed in this regard Author Julia Magas writes on new developments in technology and finance. Her work has been featured by several financial media sites including Nasdaq, Cointelegraph, Investing, SeekingAlpha, FXEmpire and Beincrypto. Her core areas of expertise include blockchain technology and cryptocurrencies, with an emphasis on market trends, innovation and performance.

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