Cryptocurrency Market Booms: Altcoin Shines
The cryptocurrency market is heating up, with Bitcoin holding steady at $103,656, up 8% over the past week. Altcoins dominate with Ethereum rising 31.7% after the Pectra upgrade, reaching $2,403. XRP increased 9% to $2.39; Dogecoin rebounded strongly with a 26% gain. Solana rose 15%, while Cardano (ADA) increased 14%.
Participation Strategy for Uptrend
Altcoin Sherpa suggests two interesting strategies. First, pursue coins that have exploded like meme coins or AI Tokens. These are easy to trade due to momentum, volume, and liquidity. You can buy during dips and hold until there's no potential left. However, if the market reverses, the downside risk is quite high.
Accumulate 'Sleeping' Coins?
The second strategy is to accumulate coins that haven’t moved much, such as old projects or those with untapped potential (AI, gaming, or zk-tech). These coins have the potential for significant increases, but they are often illiquid and require time to explode. The risk is that they may not take off.
Long-Term Strategy
According to Sherpa, the first strategy is suitable for active investors, while the second strategy is appropriate for long-term investment. Crypto Rover analyst also predicts that the altcoin season is starting as Bitcoin's market share reaches a critical level.
Notable Altcoins
Altcoin Daily analyst suggests tracking 14 Altcoins for 2025. Ethereum leads with institutional interest and Layer 2 solutions. Ondo Finance (ONDO) tokenizes real assets. XRP is gaining traction in enterprise payments, Cardano and World Mobile Token focus on eco-friendly blockchain and decentralized connectivity. Solana and Sui are strong contenders in Layer 1. Other promising coins include Borg Token (BORG), COTI (COTI), Foxy (FOXY), Supra (SUPRA), Injective (INJ), Paid Network (PAID), and ResearchCoin (RSC).
Source: https://tintucbitcoin.com/chien-luoc-dot-pha-cho-altseason-tu-chuyen-gia/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated on the latest news in the cryptocurrency market and not miss any important information!
