The Fear & Greed Index exhibits the crypto market is indecisive (or cooling off after the pre-holiday rush). $BTC stands at $94K, $ETH at $3.3K, and $XRP at $2.14. Most tokens have been within the purple this week, however that doesn’t imply there’s no hope for a bullish flip.
Seasoned merchants know it’s best to at all times purchase the dip. They additionally know to purchase early, as evident from the frenzy round presales like Solaxy ($SOLX), Flockerz ($FLOCK), and Meme Index ($MEMEX).
Let’s unpack the cryptocurrency market’s state right now – and what early-stage altcoin initiatives would possibly safe your tomorrow.
Crypto Prices Update: $BGB & $PENGU Rise, $XRP Struggles
$BTC dipped 6% after it failed to break above the $101K resistance zone yesterday. The month-to-month excessive of $108K seems out of attain within the close to future, however issues might change when Trump steps into office.
$ETH’s efficiency was not not like $BTC’s. Turbulent is the phrase. $XRP had it the worst – regardless of the number of XRP wallets rising, the token might solely briefly cross the $2.28 zone this week.
Bitget Token ($BGB) is the undisputed prime gainer with a latest worth surge to round $7.68 and a market cap of roughly $10.75 billion. Other weekly leaders embody FTX Token ($FTT), Virtuals Protocol ($VIRTUAL), Zcash ($ZEC), and Pudgy Penguins ($PENGU). The latter is now the fifth-largest meme coin by market cap, above $WIF and $FLOKI.
On the opposite hand, $FARTCOIN misplaced 13.22% of its worth – not that it’s stunning for meme cash relying solely on hypothesis.
Among classes, we’ve witnessed a spike in curiosity for exchange-based (+6.6% market cap change) and AI (+17%) tokens. Cat-themed tokens like $POPCAT and $MOG are dropping floor to the canine pack, like $WIF and $FLOKI.
Early Bird Gets the Worm
It’s not simple to leap on a practice that departed in 2009. $BTC should still provide long-term potential, but it surely’s unlikely to surge like recent meme cash – at the very least within the brief time period.
That’s why gutsy buyers flip to presale crypto. Lower entry factors and greater staking rewards enable you to amplify potential returns.
$SOLX is one such undertaking. Within two weeks from launch, it raised $6M and garnered over 30K X followers. The purpose? Solaxy is the world’s first Solana Layer-2 answer for meme cash. It guarantees no extra congestion, excessive charges, and failed transactions.
While $FLOCK might not boast $SOLX’s speedy fundraising tempo, its community-centered governance mannequin offers it the potential for sustained progress. The revolutionary Vote-to-Earn system permits you to earn tokens by voting on undertaking growth proposals.
In 26 days, $FLOCK will listing on DEXs at a better worth, so now’s the final likelihood to safe your share of tokens at $0.00653.
$MEMEX continues the pattern of meme coins with actual utility. Every investor’s greatest hurdle is selecting which undertaking to wager on. Meme Index helps to diversify your portfolio and unfold the danger.
It achieves this with 4 meme coin indexes catering to completely different danger appetites: Titan is the least risky and options prime cash like $DOGE and $SHIB; Moonshot and MidCap embody mid-tier tokens; and Frenzy presents the best potential returns via new initiatives.
The presale had simply kicked off and has already raised $577K. One $MEMEX now prices $0.0146285, however the worth will enhance shortly.
Stay Grounded in This Volatile Market
Suspicions are excessive that the present market state is only a momentary correction, not the top of the bull run. And it might, in actual fact, be an opportune time to develop your portfolio at discounted costs.
Remember to do your individual analysis and diversify your investments. No undertaking can assure returns, so make investments solely as a lot as you may probably lose.
