$AVAX $ADA $SOL ๐จ The markets are white hot, and itโs going to be a profitable summer. But getting the right tokens at the right time is key to maximising returns. Pi Coin (PI), Cardano (ADA), Avalanche (AVAX), and Remittix are all great contenders for the hottest asset this year. Letโs see what they have on offer.
Pi Coin (PI): Stanford project goes mainstream
Developed by Stanford students in 2019, Pi Coin is a mobile-first blockchain. Its mainnet was released in February at $0.60 and spiked to almost $3.00 within days. But it was the wrong time to launch, and Pi Coin suffered along with the rest of the market. But Pi Coin is back, and has more than doubled since its low in April.
Pi Coin is one to watch, and, as it is not yet listed on big exchanges, it may be worth investing in Pi Coin because the moment this project gets legitimised by listing on major exchanges, it would skyrocket.
Source: CoinCodex
Cardano (ADA): Has Cardanoโs big break finally come?
Cardano has been up 30% in the last month and outpaced even Bitcoin. The Cardano price has remained stubbornly low for such an excellent project, and the market sentiment is that Cardano is just waiting for the right moment to come out of its shell.
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Since Cardano is not really a retail chain, but one that is more suited to institutional use, its big moment could be just around the corner as more and more governments and institutions are moving to blockchain tech. Grabbing some Cardano before the summer is out could be a prudent move.
Source: CoinCodex
Avalanche (AVAX): Riding high on NFTs
It seems NFTs are back. Avalanche is up 21% in the last month, and along with this headline, Avalanche has recorded over 2 million NFT sales, the highest since May 2023. If Avalanche is anything to go by, itโs time to rethink NFTs.
Source: CoinCodex
But itโs not just NFTs that have pushed the Avalanche price to close to $25.00; there is also the $100 million Fusion Initiative.
