3 Profiting Cryptos On The Verge of Big Rally This Week
With the increasing levels of greed on the fear and greed index, the surging in values is noticeable for most cryptocurrencies. Additionally, the increase in the crypto market cap to $2.65 Trillion is another proof of the bullish behavior of the cryptos. Bitcoin price surged to $71.3K, and many cryptos hitting new all-time highs also confirm the same. And the ones left from this rally are also in line to surge this week.
In this blog, let us discuss the three most profiting cryptos that are on the verge of big rallies.
Binance Coin (BNB)
Binance Coin (BNB) has just set a new all-time high and is already a part of the big-profiting cryptos. But at the time of writing, the BNB price is a little under correction and is trading at $707. It might take some time before initiating another one. The rally is much awaited as the BNB coin was under pressure due to legal disputes on the Binance exchange, but the current gains explain the unwavering demand for this altcoin in the market. The investors are eyeing even higher gains, especially after a few analysts claimed the BNB price to rise as high as $1000.
Solana (SOL)
The buying pressure in the case of Solana is beating any downward trend. Moreover, it has continuously maintained a value above the 100-day moving average. Solana had a bit of ups and downs recently, moving in the consolidation, but the momentum is building in the charts, indicating an upcoming rally. At the time of writing, Solana price is at $173.14, which is just 33% away from the all-time high target of $260.06. With BNB and other cryptos crossing new heights, the impact will also be visible on the SOL price.
Floki Inu (FLOKI)
Slowly yet steadily, the FLOKI price is moving for higher peaks, as the meme coin has gained 27% in value in the last seven days. FLOKI holders are eyeing the much-awaited rally as the all-time high is just 7.5% away from the current price of $0.0003182. With the presence of bulls, cryptos like FLOKI are already in their prime, but a minor surge is pending to push the value even higher, which might happen this week based on the current market sentiments and increasing demand for FLOKI.
With the approaching altcoin season, the cryptos have begun the price rally, which might be inconsistent for now. But once stability forms around these altcoins, higher and higher peaks will form in this zone.
Continue Reading Decoding Vitalik Buterin Memecoin Matrix: Hope, Hype, or Hoax?
The post 3 Profiting Cryptos On The Verge of Big Rally This Week appeared first on CoinGape.
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