Saturday, October 5, 2024
8.5 C
London

Top 3 Cryptocurrencies You Should Watch This Weekend

The cryptocurrency market seems to be rebounding from its recent dip. Bitcoin (BTC) has reclaimed the $62,000 level, and the global crypto market cap has risen 1.8% to $2.24 trillion. The current resurgence could be the start of another bullish outbreak.

Also Read: Bitcoin: When Will BTC Peak? Analyst Predicts Exact Timeline

Why Is The Crypto Market Up Today?

The current market reversal could be due to the Federal Reserve announcing a 50 basis-point interest rate cut. The move marks the first interest rate cut for the US in four years.

Rate cuts usually lead to investors taking on more risks with an ease of borrowing. This development may have led to more inflows in the cryptocurrency sector.

With that said, let’s look at three crypto assets you should watch this weekend.

Top 3 Cryptocurrencies To Watch This Weekend

1. Pepe (PEPE)

Source – Coinpedia

PEPE is experiencing quite the turnaround. The asset is up 6.7% in the last 24 hours and 5.9% over the previous week.

Source: CoinGecko

CoinCodex analysts anticipate the frog-themed cryptocurrency’s continued rally over the next few weeks. The platform predicts PEPE will hit $0.0000089 on Sunday, Sept. 22, 2024. A rally of about 15.58% will result from hitting $0.0000089 from current price levels.

Source: CoinCodex

2. Dogwifhat (WIF)

Source – Biztech Africa

WIF is another popular cryptocurrency that has grown tremendously over the last year. The asset is up 8.8% in the last 24 hours and 6.9% over the previous week.

Source: CoinGecko

Also Read: Donald Trump Buys Burgers With Bitcoin in Seconds!

CoinCodex data suggests the dog-themed cryptocurrency will continue its bullish trajectory over the next few weeks. The platform anticipates the asset to hit $1.80 on Sunday, Sept. 22, 2024, a rise of about 7.8% from current levels.

Source: CoinCodex

3. Bonk (BONK)

Source: NFT Evening

BONK is a popular meme cryptocurrency that has not witnessed the same level of rebound as PEPE and WIF. The asset is up 3.1% in the daily charts and 1.4% in the weekly charts. Despite the slow turnaround, BONK could bring massive returns in the long run.

Source: CoinGekco

Also Read: How to Screen Record YouTube TV?

CoinCodex analysts anticipate BONK to hit $0.00001909 on Sunday, Sept. 22, 2024, a rise of about 11.51% from current levels.

Source: CoinCodex

Hot this week

New HBO Documentary Claims to Reveal Identity of Bitcoin Creator Satoshi Nakamoto

A new HBO documentary says it is set to...

BTC declines by 6.31% over the past week

BTC fell by 6.31% over the past week. An analyst...

Mark Cuban Backs Kamala Harris’ Crypto Community Engagement

Billionaire investor Mark Cuban expressed his support for Kamala...

Ripple: When Will $2000 Worth of XRP Turn to $1 Million?

The Ripple ecosystem has dealt with increased drama over...

Pi Network Seeks Influencers for Open Network Growth

The Pi Network has recently launched the Global Pi...

Topics

BTC declines by 6.31% over the past week

BTC fell by 6.31% over the past week. An analyst...

Mark Cuban Backs Kamala Harris’ Crypto Community Engagement

Billionaire investor Mark Cuban expressed his support for Kamala...

Ripple: When Will $2000 Worth of XRP Turn to $1 Million?

The Ripple ecosystem has dealt with increased drama over...

Pi Network Seeks Influencers for Open Network Growth

The Pi Network has recently launched the Global Pi...

IMF pressures El Salvador to overhaul Bitcoin regulations

IMF raised concerns about Bitcoin’s potential to destabilize the...

BRICS: China Dumps $21B Net US Treasuries Since Beginning of 2024

BRICS member China has dumped over $21 billion in...

Can I Trade Binance in NY with Leverage?

Your guide: Can I Trade Binance in NY with...
spot_img

Related Articles

Popular Categories

spot_imgspot_img