Bitcoin Leads the Crypto Christmas Supercycle
As Christmas approaches, the cryptocurrency industry is experiencing a “fresh supercycle” driven by Bitcoin. The decentralized finance (DeFi) asset has surpassed $41,000, marking a significant milestone. While Bitcoin’s price may be too high for some at $41,512 per coin, there are other affordable options available. In this article, we will explore some of the top cryptocurrencies you can consider purchasing this holiday season.
#1 Cardano (ADA)
Cardano (ADA) has gained popularity among institutional investors and whales. It has seen a surge in transactions over $100,000, indicating a bullish trend. Considering its recent price action and institutional support, Cardano is a good buy this Christmas.
#2 Dogecoin (DOGE)
Dogecoin (DOGE) recently overcame a major obstacle at $0.087. Professional crypto trader Ali Martinez predicted that it could reach $0.14, especially after receiving approval from the National Telecommunications and Information Administration for its DOGE-1 Satellite launch. With an increase of 1.74% on the day and significant gains in the past week and month, Dogecoin is worth considering.
#3 Polygon (MATIC)
Polygon (MATIC) whales have been actively buying the cryptocurrency, acquiring 120 million MATIC worth $90 million in November alone. Additionally, Coinbase International Exchange and Coinbase Advanced have launched Polygon perpetual future contracts. These developments make Polygon an attractive investment option.
Conclusion: Crypto Assets to Consider This Christmas
Overall, Cardano, Dogecoin, and Polygon are solid choices for your cryptocurrency investments this Christmas. However, it is crucial to conduct your own research before making any investment decisions.
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