Amid unpredictable market turmoil, cryptocurrency investors continue to look for golden opportunities amid high volatility. With Bitcoin experiencing a sharp drop of 10% and causing the Fear/Greed index to plummet by more than 14 points to 61, the crypto market is facing a test of resilience.
This long-anticipated price correction turned out to have a bigger impact than expected, with nearly one billion US dollars (around Rp16,170 trillion) wiped out of open positions in the market.
List of 4 Crypto Assets with Rising Potential
Amid this uncertainty, several cryptocurrencies are showing signs of upside potential. Here are four cryptocurrencies chosen by investors as the strongest candidates for significant growth:
1. Ondo (ONDO)
Ondo has caught the attention of investors with its resilient performance that has endured the midst of a bear market. Since its launch, ONDO has delivered an impressive Return on Investment (ROI) of over 400%. In the last 24 hours, the asset has gained more than 4%, making it one of the top winners in the crypto market.
ONDO is known for its value in the Real World Assets (RWA) sector, and has reached a peak value of $1 (around Rp16,170) when the RWA narrative was at its peak in the first quarter of this year. With the market trend moving towards tokenization, ONDO is expected to experience a significant uptrend in the near future.
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2. Quant (QNT)
QNT has maintained a sideways trend over the past few weeks, with prices fluctuating between $100 (approximately Rp1,617 million) and $140 (approximately Rp2,263.8 million). However, the recent market reversal has pushed the price of QNT below $88 (approximately Rp1,422.96 million). Interestingly, the token quickly recovered and returned near the $100 level. QNT's performance in the last 24 hours shows that this asset is worth paying attention to in the midst of a falling market.
3. Maker (MKR)
MKR has experienced an impressive journey, from $1500 (approximately Rp24,255 million) at the beginning of the bull run to reaching $4000 (approximately Rp64,680 million) this quarter. However, the price drop in the crypto market has led to a pullback of more than 30%, lowering the price of MKR below $3000 (around Rp48,510 million). Investors are now wondering if this is an opportunity to buy MKR ahead of the next price increase. Technical analysis shows that MKR still has the potential to rise, although the market is currently pessimistic.
Also Read How to Buy Crypto:
4. 5th Scape (5SCAPE)
5th Scape, which has just entered its fifth stage of presale, offers promising ROI for early investors. Currently, 5SCAPE is priced at $0.00215 (around Rp34.77) in the presale, with an offering price of $0.01 (around Rp161.70). Early investors could potentially earn more than 365% on their investment.
Conclusion
With this information, investors can make more informed decisions in choosing cryptocurrencies that have the potential to provide profits in the future. In the uncertain world of crypto, a deep knowledge and understanding of market trends is key to success.
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How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is IDR 10,000. After that, then you can make a crypto asset purchase in the application.
Learn the Complete Guide on How to Buy Crypto on Bittime.
Monitor the price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
What is Ondo Finance (ONDO)? Asset Tokenization and Risk Diversification Platform
What is Quant (QNT)? Potential Blockchain Innovation
What are Bullish and Bearish Concepts in Cryptocurrency?
DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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