Bittime - SUI, FET, and ENA become crypto assets with moonbag potential Q3 2024. Newbie investors are wondering, which is the best crypto to buy to make big profits in the near future?
Experts see Sui (SUI) , Fetch.ai (FET), and Ethena (ENA) as high potential investments in Q3 2024. Why do experts advise investors to buy SUI, Fetch.ai, Ethena? Let's find out!
SUI Drops 20% in a Week: What is the Outlook?
SUI has underperformed over the last seven days. On April 11, SUI was trading around $1.55. It's worth noting, SUI hit this price after Mysten Labs teamed up with Playtron on April 10 to introduce the SuiPlay0x1 , the first handheld web3 gaming console.
After staying around $1.50 for a day, SUI experienced a sharp decline on April 12 as the broader crypto market crashed.
On April 18, SUI had stabilized at around $1.23. This price means SUI has fallen 20.65% in a week. So, will SUI recover to a bullish trend soon?
According to experts, SUI will gain traction as crypto gamers anticipate the launch of SuiPlay0x1 in 2025. To that end, experts set the SUI end of September prediction at $4.21. These estimates make SUI a top crypto to invest in.
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Fetch.ai Drops 28% in a Week: What Comes Next?
Fetch.ai has underperformed over the past seven days. On April 11, FET was around $2.71. After a day of marginal losses, FET dropped on April 12 due to a market-wide flash crash. Specifically, FET traded as low as $1.70 on April 13.
However, a positive development occurred when Fetch announced the second and third proposals for the ASI merger had passed with a 99% approval rate on April 13. As a result, the FET begins to recover.
On April 18, FET had stabilized at around $1.94. This price means FET has fallen 28.41% in the week.
Nonetheless, experts believe Fetch.ai (FET) will reverse course and rise to $4.08 by the end of September. These estimates make FET a good cryptocurrency to buy. Experts base this prediction on the increase in FET along with the increasing adoption of breast milk.
Ethena Drops 38% in a Week: Will an Uptrend Start to Seem?
Ethena has shown a dismal performance over the last seven days. On April 11, ENA was trading around $1.42. ENA reached this price after Ethena Labs integrated its Binance web3, Bybit, OKEx, and Bitget wallets on April 10. This bullish development saw ENA rise to a high of $1.50 on April 11.
However, enthusiasm for this news was hit by bearish sentiment in the crypto market on April 12. As a result, Ethena started to retrace its growth. On April 18, ENA had stabilized at around $0.88. This price means ENA has fallen 38.03% in a week.
However, experts still believe ENA is the top crypto to buy. Specifically, the experts set the end-of-September ENA prediction at $5.63.
This prediction is based on Ethena (ENA) attracting more investors due to news on April 15 of Ethena's partnership with Pendle Finance to allow users to store ENA and earn 30x rewards per day.
Also Read How to Buy Crypto:
Conclusion
While experts are optimistic about the prospects for SUI, FET, and ENA in Q3 2024, it is important to note that these predictions are not guarantees. The crypto market is known for its high volatility, and trends can change quickly.
Therefore, before investing in any of the cryptos mentioned above, it is important to do your own research and understand the risks.
Here are some things to consider before investing in crypto:
- Fundamental research: Study the project behind the crypto, its development team, and its development roadmap.
- Technical analysis: Use technical indicators to understand price trends and support and resistance levels.
- Diversification: Don't invest all your capital in just one crypto. Spread investments across different crypto assets to reduce risk.
- Invest cold funds: Only invest funds you can afford to lose. The crypto market is high risk, and you could lose your entire investment capital.
Other Opportunities in Q3 2024
Apart from SUI, FET, and ENA, there are several other cryptocurrencies that are predicted to have great potential in Q3 2024. Some of them are:
- Metaverse Crypto: With the growing popularity of the metaverse, cryptocurrencies related to metaverse platforms such as Decentraland (MANA) and The Sandbox (SAND) are predicted to rise.
- DeFi Crypto: DeFi (Decentralized Finance) is a fast-growing sector in the crypto world. Cryptos related to DeFi services such as Aave (AAVE) and Compound (COMP) are predicted to continue to be in demand.
- Blockchain Infrastructure Cryptos: Cryptos that support blockchain infrastructure, such as Polkadot (DOT) and Cosmos (ATOM), are predicted to increase as blockchain adoption becomes more widespread.
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How to Buy Bitcoin (BTC) on Bittime
You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Bitcoin (BTC) is available on Bittime with the market pair BTC/IDR . To be able to buy BTC/IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Bitcoin (BTC) on Bittime.
Monitor 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.
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DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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