Cryptocurrencies Worth Investing in to Prepare for a 100x Bull Market Explosion

Niti998

Top 4 Cryptocurrencies Worth Investing in to Prepare for a 100x Bull Market Explosion

The cryptocurrency market presents various patterns, and although the current trend is optimistic, some altcoins may surprise investors. Recently, active addresses on BNB, SSV, SUI, and PEPE have increased, indicating growing demand and potential price hikes.

BNB
The price of Binance Coin (BNB) has been steadily rising, breaking through the $450 resistance level, suggesting a possible rise to $600. The 100-period simple moving average on the 4-hour chart supports the current price, which is above $465. Breaking the resistance trendline at $430 marks a key turning point.

This indicates that the BNB/USD currency pair is still on an upward trend. BNB's outperformance compared to Ethereum and Bitcoin proves this momentum. Additionally, by introducing additional trading pairs for Binance Coin (BNB) against the Japanese Yen (JPY), Binance has increased the number of trading options available to users. Effective since March 12, this change aims to improve the user experience by expanding the trading options offered on the Binance platform.

To commemorate this event, Binance will also conduct a zero-fee trading promotion for all yen spot trading pairs. From March 12 to April 11, users will be able to enjoy fee-free purchases through this activity. The introduction of these new trading pairs is in response to the increasing popularity and demand for BNB. Furthermore, the price of BNB has risen to $610 after a 6.2% increase in the past 24 hours.

SSV
Let's talk about the SSV token, shall we? Currently, there are four known bullish factors or expectations: firstly, LDO is about to join SSV, which will bring a considerable TVL (total value locked) to SSV. Secondly, SSV is about to launch a mining project, and Fidelity Investments is also going to invest in SSV and integrate it into the Eigenlayer infrastructure.

From the trend perspective, SSV has already broken through the monthly line, and there is still significant upside potential to explore, with a tenfold long-term return being achievable. The reason why mentors are paying attention to SSV is that it is a staking project in the Ethereum ecosystem, and the staking industry leader LDO has already reached a market capitalization of over $3 billion, while the current market capitalization of SSV is only $300 million. Moreover, SSV's recent TVL growth has been very rapid, demonstrating remarkable potential.

SUI
Sui's decentralized financial ecosystem has been developing rapidly lately, with the TVL (total locked value) of on-chain DeFi protocols soaring 181% since the beginning of the year. Recently, Sui's TVL reached a historic high, just above the $600 million mark. This places it ahead of protocols like Cardano, Near, Cronos, and Aptos.

Sui has also become one of the most popular destinations for bridging cryptocurrencies from one blockchain to another. In just the past 7 days, approximately $40.8 million worth of crypto assets have been bridged from Ethereum to Sui.

With the strong performance of the SUI token, interest in DeFi on Sui continues to grow, with the digital asset rising by 65.71% in the past 30 days. SUI currently ranks 47th in market capitalization, indicating that it still has room for further growth.

PEPE
PEPE is a cryptocurrency inspired by the popular internet frog meme and has recently experienced a significant surge in its value. Last year, PEPE's value surged by 14,225%, reflecting broader interest in meme-based digital currencies. This trend has emerged with the popularity of other similar cryptocurrencies.

From recent market dynamics, Pepe's coin trading volume has noticeably declined, dropping by over $1.06. This trend suggests changing investor attitudes and implies that the market may be stabilizing.

Currently, the market capitalization of Pepe is $3.24 billion, ranking it 41st on CoinMarketCap, indicating its significant position in the cryptocurrency space.

The trajectory of the PEPE token seems poised for further upward movement. If it breaks the resistance level of $0.00001, it may embark on a bullish path, targeting the important level of $0.000015. Such an achievement for PEPE would be groundbreaking, marking its first entry into the four-zero price range.

Kamal531

It's still worth paying more attention to the information.

Kahn332

The coins available for investment are not to be missed.