The cryptocurrency currency market has fallen since last week’s rally. It is now worth about $ 1.6 trillion and has risen to as much as $ 1.7 trillion. This is a decline of almost 6%, with several major cryptocurrencies falling by even larger margins. However, while the market situation remains positive, the decline of recent days offers opportunities to buy at a discount. In light of this, we have compiled a list of the top five cryptocurrencies that can be bought cheaply. This includes coins that are cheap relative to their long-term potential, as well as those that are cheap right now.
Top 5 cryptocurrencies to buy at an affordable price
1. Bitcoin (BTC)
Bitcoin (BTC) had a very good weekend, hitting as high as $ 42,628 on Sunday. It has moved on from its steps since then, dropping its current price to $ 38,700. This represents a decrease of 2.2% in the last 24 hours. However, it is 3.7% higher than a week ago and 25% higher than 14 days earlier. It has also grown 11% in the last 30 days and almost 250% last year.
Given its recent rise in recent weeks, the BTC is now just 40% below its all-time high of $ 64,804. Still, this is pretty cheap for a cryptocurrency, which many industry analysts believe will rise much higher.
For example, prominent Twitter analyst @CryptoKaleo recently predicts that Bitcoin will exceed $ 100,000 in the second half of 2021.
My forecast for the second half of 2021:
– $ BTC there will be a 6-digit price search
– $ ETH breaks over $ 10,000
– We’ll see another big alt season
– Increase institutional / government acceptance
– More institutional / government FUD
– Cryptunez has a girlfriend
– The bears remain declining
– KALEO (@CryptoKaleo) June 17, 2021
He is not the only analyst with high expectations for BTC. Back in July, survey of 42 cryptocurrency researchers and managers reached an average year-end forecast of $ 66,284 for BTC. And when viewed over the long term, their median forecast for the price of BTC by 2030 was a hefty $ 470,000.
That’s why Bitcoin is one of the top five cryptocurrencies to buy cheaply. And since German law now allows institutional funds to invest up to 20% of their portfolio in cryptography, expect BTC to rise pretty soon.
2. Axie Infinity (AXS)
Axie Infinity (AXS) has experienced some time since it peaked at an all-time high a week ago. At $ 52.17, it had risen more than 200% per week. However, it is now 25% below ATH, $ 38.72. This still represents a 126 percent increase from two weeks ago and a nearly 400 percent increase a month ago.
Although AXS’s fundamentals have fallen by 25% since ATH, they are still equally convincing. Axie Infinity has reached nearly one million daily active users the latest number exceeded 910,000. This means that its number of users has increased by 160% per month and about 800% in two months.
With such growth, it’s only a matter of time before AXS sets new all-time records.
Today is Data with Monday’s new update @AxieInfinity growth in twitch!
In the last 90 days:
-2.8 million hours Axie was viewed
-2,725 unique Axie broadcasters
We have gathered an average of 1332 viewers on 22 different channels at a time.
Great job everyone! 📈🚀🎊❤️ pic.twitter.com/2w9rY6Jjw2
– Andrew Campbell (@ZyoriTV) August 2, 2021
3. Ethereum Classic (ETC)
Ethereum Classic (ETC) is currently at $ 49.36 and has fallen 3.5% in the last 24 hours. However, it has risen 1.7% last week and 17.6% in the last 14 days. It has risen 587% in the last 12 months.
The ETC reached an all-time high of $ 167 in early May. The hype surrounding Ethereum 2.0 helped it in this regard. It is generally assumed that Ethereum Classic will receive orphaned ETH miners when the transition to version 2.0 is complete. If so (Ethereum 2.0 is due to be available at the turn of the year), this will significantly increase its safety.
However, the people behind the Ethereum Classic have plans to improve the platform according to their own merits. The developers activated the Magneto update at the end of last month, bringing the Ethereum Berlin updates to the Ethereum Classic.
The Magneto fork is activated in the Ethereum Classic network!
If you have not updated your node software.
Read more about the Magneto update below.https://t.co/FN06EOfngC
– ETC Cooperative (@ETCCooperative) July 24, 2021
At the same time, ETC supporters make a lot of noise about the fact that, unlike Ethereum, it has limited supply (ETC 210 million). This gives it a good chance as a long-term investment tool, and the community calls it “programmable digital gold”.
#EthereumClassic is a canonical extension #Bitcoin The EVM was intended to:
– programmable (smart contracts)
digital scarcity (210 ml $ ETC)
– certificate of employment
– spotless fertilization (what is the severity)#AND SO ON programmable digital gold, the center of conversation. This is the way 💎🙌 pic.twitter.com/HDcfTLrVmL
– Ethereum Classic (@eth_classic) July 27, 2021
Uniswap (UNI) has received good news from an unlikely source recently. $ 21, it has dropped 5% in the last 24 hours. However, it is also 13% more than last week and 33% in the last two weeks. On the other hand, it is 53% below the all-time high it set on May 3, when it reached $ 44.92.
As for the good news, the infrastructure bill approved by the U.S. Senate recently made hearts compete in CryptoLand. This bill proposed to extend the definition of “broker” to almost any entity that transfers cryptocurrency, and explicitly mentions decentralized exchange. However, in revised bill, The DEX entry has been deleted.
In other words, Uniswap is likely to escape the strict reporting requirements that may be placed on cryptocurrency in the United States. And at a time when centralized platforms such as Binance already knows rap, this gives Uniswap a good chance to rise higher in the coming weeks.
5. Amount (QNT)
Quant (QNT) is one of the most successful coins of the last 90 and 30 days. Unfortunately, it has dropped 10% in the last 24 hours to $ 147.51. Nevertheless, it has grown by just over 60% in the last week and 122% in the last 14 days. It has also grown 87% in the last month and a staggering 1800% in the last 12 months.
Quant is a platform that provides general blockchain interoperability. Founded in 2015, it has grown significantly in recent months and the cryptocurrency ecosystem has grown around it. The market in particular is excited about it, as many of the central bank’s digital currencies are coming. Quant is working hard to offer himself a way to make the different CBDCs in the world interoperable. If it succeeds in this endeavor, its value will increase considerably.
All CBDC agreements should be interoperable domestically, giving commercial banks choice and enabling cross-border transactions. MLTS (Multi-Ledger Token System) removes individual DLT restrictions on interoperable CBDC devices that operate on multiple DLT devices simultaneously. @quant_network https://t.co/Qed4c3v76F
– Gilbert Verdian (@gverdian) July 10, 2021
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