Best Cryptocurrency To Buy Today
The cryptocurrency market is undergoing a dynamic shift at the moment. With the bull phase swinging in with full force, new and old coins have yet again emerged to reclaim their former glory.
The bull market phase is the prime of the crypto market, where the charm of new crypto coins can be blinding. High-performance crypto coins, all lucrative and best-in-league, vie for user attention during this phase.
Additionally, the allure of such coins can also weigh on investors’ pockets. To reduce the pressure, solid crypto coins with robust plans should be considered first. Keeping this practical element in mind, here’s our best cryptocurrency pick of today that may maximize your profits in a go.
Also Read: Top 3 Cryptocurrencies To Watch This Weekend
The Best Crypto to Buy Today
Cryptocurrency Solana (SOL)
Solana has lately been topping the crypto charts all over the world. Solana’s stellar price ascent trajectory is a testament to its long-lasting legacy. Per CoinMarketcap, Solana is up 53% in the last month. Crypto has risen nearly 21% this past week, showing massive price potential.
The crypto has recently touched an all-time high of $186 before retracing its steps back to trade at $176, up by 4.4%.
— CoinEcho (@mycoinecho) March 15, 2024
JUST IN: Solana soars high as it reaches a new high at $186.77. #Solana
pic.twitter.com/9DvQJihKsk
Its robust ecosystem plans largely drive Solana’s unhinged popularity. The network, despite experiencing several outages, is always striving towards creating resilience against market anomalies and discrepancies.
Also Read: Top 3 Cryptocurrencies to Watch Before Bitcoin’s Halving
SOL’s groundbreaking alliances with crypto giants ChainLink, Serum, Bonfida, and Saber Labs have helped diversify its use cases. The alliances have helped Solana build its sturdy base, giving more value to the platform in an independent way.
— SolanaFloor | Powered by Step Finance (@SolanaFloor) March 15, 2024
dApps include: Drift Protocol, JitoSOL, JupiterExchange, Raydium Protocol, Pyth Network, MarginFi, Orca and MagicEden. pic.twitter.com/6bdqKluvje
Per Defilama, Solana’s Total Value Locked (TVL) ratio has also noted an uptick. SOL’s TVL has breached the $3.90 threshold, portraying investors’ faith in the token as a whole.
— SolanaFloor | Powered by Step Finance (@SolanaFloor) March 15, 2024
Solana Future Price Analysis
Per CoinCodex, Solana’s current price trajectory positions it to gain further market momentum.
“The Solana price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Solana projections, SOL will be changing hands at $280.00 on March 22, 2024, gaining 50.55% in the process.” the platform shared.
For the year 2024, CoinCodex predicts SOL to trade between $185 and $900, given that the crypto follows the current market pace.
“Solana is forecast to trade within a range of $ 185.98 and $ 907.39. If it reaches the upper price target, SOL could increase by 418.59% and reach $907.39.”
Read More
Best Cryptocurrency To Buy Today
The cryptocurrency market is undergoing a dynamic shift at the moment. With the bull phase swinging in with full force, new and old coins have yet again emerged to reclaim their former glory.
The bull market phase is the prime of the crypto market, where the charm of new crypto coins can be blinding. High-performance crypto coins, all lucrative and best-in-league, vie for user attention during this phase.
Additionally, the allure of such coins can also weigh on investors’ pockets. To reduce the pressure, solid crypto coins with robust plans should be considered first. Keeping this practical element in mind, here’s our best cryptocurrency pick of today that may maximize your profits in a go.
Also Read: Top 3 Cryptocurrencies To Watch This Weekend
The Best Crypto to Buy Today
Cryptocurrency Solana (SOL)
Solana has lately been topping the crypto charts all over the world. Solana’s stellar price ascent trajectory is a testament to its long-lasting legacy. Per CoinMarketcap, Solana is up 53% in the last month. Crypto has risen nearly 21% this past week, showing massive price potential.
The crypto has recently touched an all-time high of $186 before retracing its steps back to trade at $176, up by 4.4%.
— CoinEcho (@mycoinecho) March 15, 2024
Its robust ecosystem plans largely drive Solana’s unhinged popularity. The network, despite experiencing several outages, is always striving towards creating resilience against market anomalies and discrepancies.
Also Read: Top 3 Cryptocurrencies to Watch Before Bitcoin’s Halving
SOL’s groundbreaking alliances with crypto giants ChainLink, Serum, Bonfida, and Saber Labs have helped diversify its use cases. The alliances have helped Solana build its sturdy base, giving more value to the platform in an independent way.
— SolanaFloor | Powered by Step Finance (@SolanaFloor) March 15, 2024
dApps include: Drift Protocol, JitoSOL, JupiterExchange, Raydium Protocol, Pyth Network, MarginFi, Orca and MagicEden. pic.twitter.com/6bdqKluvje
Per Defilama, Solana’s Total Value Locked (TVL) ratio has also noted an uptick. SOL’s TVL has breached the $3.90 threshold, portraying investors’ faith in the token as a whole.
— SolanaFloor | Powered by Step Finance (@SolanaFloor) March 15, 2024
Solana Future Price Analysis
Per CoinCodex, Solana’s current price trajectory positions it to gain further market momentum.
“The Solana price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Solana projections, SOL will be changing hands at $280.00 on March 22, 2024, gaining 50.55% in the process.” the platform shared.
For the year 2024, CoinCodex predicts SOL to trade between $185 and $900, given that the crypto follows the current market pace.
“Solana is forecast to trade within a range of $ 185.98 and $ 907.39. If it reaches the upper price target, SOL could increase by 418.59% and reach $907.39.”
Read More