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3 profitable cryptocurrencies on the verge of big rally this week
With rising levels of greed in the fear and greed index, the increase in values is noticeable for most cryptocurrencies. Furthermore, the increase in crypto market the $2.65 trillion cap is further proof of the bullish behavior of cryptocurrencies. The price of Bitcoin rose to $71,300, and many cryptocurrencies reaching new highs also confirm the same. And those left over from this rally are also in line to add to this week.
In this blog, we will discuss the three most profitable cryptocurrencies that are on the verge of huge rallies.
Binance Coin (BNB)
Binance Coin (BNB) It has just set a new historical record and is already part of the high-profit cryptocurrencies. But at the time of writing, BNB price is a bit under correction and is trading at $707. It may take some time before it starts another. The rally is highly anticipated because 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. Investors are eyeing even bigger gains, especially after some analysts said the BNB Price go up to $1,000.
Solana (SOL)
Buying pressure on Solana is overcoming any downward trend. Furthermore, it has continuously maintained a value above the 100-day moving average. Solana has had some ups and downs recently, moving into consolidation, but momentum is building on the charts, indicating an imminent recovery. 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 cryptocurrencies reaching new heights, the impact will also be visible on the SOL price.
Floki Inu (FLOKI)
Slowly but steadily, the FLOKI price is heading towards higher peaks as the meme coin has gained 27% in value in the last seven days. FLOKI holders are eyeing the long-awaited rally as the all-time high is just 7.5% away from the current price of $0.0003182. With the presence of bulls, cryptocurrencies like FLOKI are already at their peak, but a small increase is pending to push the value further, which could happen this week based on current market sentiments and the increased demand for FLOKI.
As we approach altcoin season, cryptocurrencies have started to rise in prices, which may be inconsistent for now. But once stability forms around these altcoins, higher and higher peaks will form in this zone.
Keep reading Decoding Vitalik Buterin’s Memecoin Matrix: Hope, Hype or Hoax?