The cryptocurrency market has entered another bull run. Bitcoin (BTC), the market leader, has hit a new all-time high of $89,864.13 earlier today. The original crypto may breach the $100,000 level very soon. The global crypto market cap has also risen 2.8% in the last 24 hours to $3.05 trillion.
The current bull market may take several cryptocurrencies to new heights over the next few weeks. That said, let’s look at three crypto assets you should watch for this bull run.
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Top 3 Cryptocurrencies You Should Watch This Bull Run
1. Solana (SOL)
Source – Coinpedia
SOL is among the best-performing cryptocurrencies of the last year. The asset fell to below $10 after the collapse of FTX but has since made a stunning recovery.
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SOL is up by nearly 45% in the last 30 days and is down by just 17.9% from its all-time high of $259.96. The SOL network has also seen stellar growth in the number of projects. The SOL network may soon overtake Ethereum as the most used network for cryptocurrency projects.
2. Dogecoin (DOGE)
Source – Token Metrics
DOGE is witnessing an incredible run right now. DOGE’s current rally is not only due to BTC hitting a new peak but also due to Donald Trump’s victory with Elon Musk at his side. Musk is one of the most significant DOGE supporters in the world. Musk has also said that he would like to establish a Department Of Government Efficiency (D.O.G.E.) under Trump’s leadership.
The meme cryptocurrency has rallied by nearly 248% over the last month and will likely continue over the next few days. DOGE is currently down by about 47% from its all-time high of $0.7316.
3. Cardano (ADA)
Source – Capital.com
Cardano (ADA) is a popular cryptocurrency that has had a rough few years. Despite the lackluster performance, ADA seems to be making ground over the last few days.
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ADA is one of the most developmentally active crypto projects. Its developmental activity could lead to a surge in the project’s future prospects.