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Top cryptocurrencies likely to rally in the week
Motiur Rahman
2022-12-07
3593
Technology
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Summary:The cryptocurrency market started the week with low momentum and continues trending sideways mid-week. However, there are cryptos that have a lot to l
The cryptocurrency sales market has gradually become sluggish this week, and this week, the market is again sideways. However, there are many cryptocurrencies worth seeing, which may be harvested this weekend. Among the large cryptocurrencies that are likely to perform well this week, the following are the top cryptocurrencies to consider.
Bitcoin (BTC)
So far, Bitcoin (BTC) has been in a sluggish state for a week, especially the news of high inflation in all key economic powers. However, news from Iran is likely to promote top cryptocurrencies this week. The news indicates that the host country has already imported the first batch of cryptocurrency products. This is a big event, because it is the authentication of Bitcoin as a payment method. It is also likely to lead to FOMO closely surrounding Bitcoin, especially the current ownership of Bitcoin is more than 20000 dollars.
ETH
Ethereum (ETH) is a cryptocurrency, and there may be significant changes this week. This has a lot to do with the news that there may be a bifurcation before Ethereum is put together. If this happens, investors may be eager to buy Ethereum in order to get some completely free coins in business merger. At the same time, many people predict that the value of Ethereum will probably increase due to business combination. This is because it has brought about great expectations about the business scale of Ethereum and the reduction of the overall gas cost of Ethereum. All of this, combined with the price elasticity of demand of Ethereum in the past few days, may lead to record growth of ETH this week.
Axie Endless (AXS)
Axie Infinity (AXS) has implemented a top cryptocurrency directory that is likely to stand out this week. This is mainly because the transaction price of AXS at this stage is 90% lower than the recent peak. However, the price has improved, and most investors have seen the price increase recently. Data shows that only 22% of AXS investors are losing money. With a large number of investors making profits, AXS may see FOMO and make profits this week.
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