The cryptocurrency market is showing a level of optimism that was largely unexpected at this point. Interest rates are rising in Europe, and most major economies are on the verge of recession. If the current momentum continues, investors chasing profits in increasingly volatile markets are likely to turn to the cryptocurrency market.
This means that now might be an excellent time to start looking for altcoins with some of the buzz around them. If the current momentum continues next week, they are likely to pick up the most. If you are unsure which one to choose now that everything is in the green, here are the best cryptocurrencies to keep an eye on in the coming week.
XRP (XRP)
If you are looking for a crypto that has the potential to turn parabolic in the next few weeks, XRP is the best one to look at. This is because, on September 19, 2022, Ripple and the SEC will make public the information they have about the matter. In short, the public will have a glimpse of who has the potential to win the case between the two. If either way, things turn in Ripple’s favour, it could create FOMO around XRP. This is because it is the main reason why the price of XRP has lagged behind the rest of the market since 2020.
Add to this the fact that this will happen when the market is in the midst of an Ethereum-powered rally, and it’s not hard to see why XRP’s short-term prospects are so good.
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okex
OKEx is a top cryptocurrency exchange that offers over 140 cryptocurrencies to invest in. OKEx takes customer security very seriously, they store almost all of their clients’ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can also use their crypto as collateral for loans on the platform.
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solana
Like other top cryptos, Solana (SOL) has taken a hit in recent weeks. Solana has also gone through its fair share of challenges, including hacks that have undermined user trust in the network. However, things are looking up for Solana as the number of transactions continues to grow.
For example, Solana recently completed 96 million transactions at an average speed of 3,044 TPS. This is an indicator that despite everything Solana has done, it is still one of the most popular networks. It is also likely to attract investors, especially now that Solana is trading at a record low compared to its price at the end of 2021.
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Ravencoin
Ravencoin (RVN) is another top 100 cryptocurrency that every profit-chasing investor should keep an eye on in the coming week. This is because it is one of the cryptocurrencies to benefit immensely from the influx of miners after the merger of Ethereum.
If miners are expected to benefit from the performance of other cryptocurrencies, Ravencoin could do well next week, if anything. The Ethereum merge is expected to take place between September 12th and September 19th, which means that Ravencoin could easily double or triple in value over the next week, and for the coming few weeks.
okex
OKEx is a top cryptocurrency exchange that offers over 140 cryptocurrencies to invest in. OKEx takes customer security very seriously, they store almost all of their clients’ funds in cold storage, and the exchange is yet to be hacked. On top of this, the exchange offers very low fees and customers can also use their crypto as collateral for loans on the platform.
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Capital.com is a global broker that offers over 200 cryptocurrencies to its users. It comes with many features like; Great security, 24/7 support, demo accounts and a wide variety of assets. On top of that, it also has no inactivity, withdrawal or deposit fees, which sets it apart from other crypto brands.
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