Long

Cardano

Polkadot

Captain

<p>The post <a href="https://coinpedia.org/news/top-two-altcoins-to-long-in-the-coming-weeks-amid-ongoing-crypto-bullish-sentiment/">Crypto Market Stabilizes: Here are Top 2 Altcoins to Buy for Fast Profits</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>There’s a shift in the market – are you ready?! </p> 
<p>After weeks of jitters and outflows, the total crypto market cap has surprisingly stabilized around $2.43 trillion in the past 24 hours. And leading the charge? None other than Bitcoin itself, hinting at a potentially bullish turn of events.</p> 
<p>After several weeks of notable cash outflows from crypto investment products, the trend has gradually shifted in the past few days.</p> 
<p>For instance, US-based spot Bitcoin ETFs registered a total cash inflow of nearly $130 million on Monday, with none of the issuers reporting negative cash flow. This positive momentum indicates growing investor confidence in the cryptocurrency market.</p> 
<h2 class="wp-block-heading" id="h-market-confidence-gets-a-boost">Market Confidence Gets a Boost </h2> 
<p>The cryptocurrency market has significantly benefited from a positive regulatory environment in recent months. The European Union has already begun enforcing the Market in Crypto-Asset (MiCA) regulatory framework. Consequently, more institutional investors are expected to enter the web3 space in the region seamlessly.</p> 
<p>Meanwhile, other major jurisdictions, including India, the United States, the United Kingdom, Singapore, and Hong Kong, are moving in the same direction. Despite China’s ban on Bitcoin mining, Chinese mining pools still hold nearly 54 percent of the market share.</p> 
<h2 class="wp-block-heading" id="h-top-altcoins-to-buy-now">Top Altcoins to Buy Now</h2> 
<h3 class="wp-block-heading" id="h-polkadot-dot"><strong>Polkadot (DOT)</strong></h3> 
<p>Polkadot (DOT), a fast-growing layer-zero network backed by a vibrant community of developers and investors, has been forming a bullish outlook on the weekly time frame. From a technical standpoint, DOT’s price has already broken out of a macro-falling wedge and is on the verge of a 40-50 percent rally.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOT</a> <a href="https://twitter.com/hashtag/Polkadot?src=hash&amp;ref_src=twsrc%5Etfw">#Polkadot</a> Seems like bottomed out &amp; Ready to Fly..<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f51c.png" alt="🔜" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/UIQkfTrj2p">pic.twitter.com/UIQkfTrj2p</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1807977946885640249?ref_src=twsrc%5Etfw">July 2, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>With a fully diluted valuation of about $9.2 billion, this mid-cap altcoin has spent around $37 million on marketing year-to-date. Notably, the Polkadot ecosystem invested $2 million in the Indy 500 by directly sponsoring Conor Daly, a legendary race driver.</p> 
<h3 class="wp-block-heading" id="h-cardano-ada"><strong>Cardano (ADA)</strong></h3> 
<p>Cardano (ADA), a top-tier layer-one blockchain, is in the final stages of its initial roadmap to achieve ultimate decentralization. With major network upgrades scheduled soon, the Cardano network has attracted more web3 developers ahead of the anticipated altseason.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ADA</a> Falling Wedge Breakout is finally Confirmed after long Consolidation..<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"> <br><br>Expecting +70% Bullish Rally in Coming days..<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/ADA?src=hash&amp;ref_src=twsrc%5Etfw">#ADA</a> <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a> <a href="https://twitter.com/hashtag/ADAUSDT?src=hash&amp;ref_src=twsrc%5Etfw">#ADAUSDT</a> <a href="https://t.co/MO5pTnOkZh">pic.twitter.com/MO5pTnOkZh</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1807976961911959566?ref_src=twsrc%5Etfw">July 2, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>As a result, popular crypto analyst Captain Faibik is confident that the ADA price is well-positioned for a bullish breakout soon. The analyst highlighted that ADA could soon rally at least 70 percent after confirming a falling wedge bullish breakout.</p> 
<p>By focusing on these developments, investors can stay informed and potentially capitalize on the bullish trends in the cryptocurrency market.</p> 
<p><strong>Remember, the crypto market is still young and volatile. Invest responsibly!</strong></p>

Crypto Market Stabilizes: Here are Top 2 Altcoins to Buy for Fast Profits

목차

CoinPedia News

2024년 7월 2일에 게재된 다른 기사

Missed PEPE Rise? Expert Named 4 Biggest Crypto Opportunities of Summer 2024

As Crypto Market Surge, DOGE And SHIB Tokens To Lead The Meme Rally?

Zignaly price nears ATH ahead of ecosystem vote

Hashdex Nasdaq Crypto ETF with Bitcoin, Ethereum Submitted to SEC for Approval!

Solana Boosts Liquid Staking Rate

Crypto Hacks Drop as May’s $385 Million Losses Plunge to $176 Million in June

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!