Top 3 Cryptocurrencies to Securely Invest in Amid Market Fluctuations: A Diamond Hold Strategy
TLDR
- Ondo Finance (ONDO) continues significant strides in the DeFi and real-world asset (RWA) tokenization sectors as investors prepare for a 120% surge.
- Rebel Satoshi($RECQ) continues to prove its 100x potential as Stage 1 of its presale nets investors 85% gains.
- Experts say Solana (SOL) will surpass its all-time highs before the end of September.
For beginner cryptocurrency investors, periods of heightened volatility necessitate strategic investment choices. Below, we highlight three top crypto coins analysts think exhibit strong potential for long-term growth. These cryptos, namely SOL, ONDO, and Rebel Satoshi’s $RECQ, offer investors stability and impressive returns. Let’s see why analysts consider them the best cryptos to invest in.
Solana Whales Transfers Roughly 180k SOL to CEX; Experts Fear Dump
On April 25, a whale transferred 179,999 Solana tokens to the popular exchange Binance. Shortly after, the price of SOL plummeted below the $145 mark, a level Solana had maintained for some time. According to blockchain transactions analyzer Whale Alert, the Solana transfer amounted to a staggering $26.14 million, with insights from AMBCrypto suggesting that such token movements often signal an intention to sell.
Predictably, after this report, SOL prices have dipped by 5% from $144.91 on April 25 to close trading at $137.82 on April 29. Investors in SOL are bracing for substantial corrections, with forecasts indicating a potential decline toward the $90 threshold by the end of the year. This is due to increased selling pressure for SOL and apprehensions surrounding meme coins generally.
Nevertheless, many Solana analysts maintain an optimistic outlook on SOL, highlighting its robust social presence and the possibility of Solana surpassing previous all-time highs. They expect SOL to reach $250 before Q4 2024.
Ondo Finance Leads Expansion of Tokenized US Treasury Products to Cosmos Ecosystem
On April 18, Ondo Finance announced that it was expanding the availability of its tokenized US Treasury products to the Cosmos (ATOM) ecosystem. This move is facilitated by a strategic partnership with Noble, an asset issuance chain within the Cosmos ecosystem. With this integration, Ondo Finance aims to bring its popular yield-bearing cash equivalent products to over 90 Cosmos chains, thereby enhancing ONDO’s utility and liquidity across the board.
After this announcement, ONDO has grown by 4.4% from $0.766 on April 18 to trade as high as $0.801 on April 29. ONDO Finance experts have expressed satisfaction with ONDO Finance’s token’s per... Read the full article for FREE at COINOTAG!
