Searching For Profits: What Crypto To Buy On As Prices Drop? (2024)

The crypto market is currently experiencing a significant shift, primarily driven by Bitcoin’s recent bounce after a 7% loss. This upward movement in Bitcoin has positively impacted altcoins, freeing them from previous constraints and injecting a more optimistic outlook into the market. However, there’s a lingering question about the sustainability of this trend. Bitcoin’s recovery has sparked a sharp reaction among altcoins, with some top alternatives already outperforming Bitcoin. The combined market cap of all altcoins (excluding Bitcoin and Ethereum) shows that, despite a dip under the strong support at $463 billion, the market is now stabilizing above this level. This support is crucial for altcoins, with $400 billion being the critical safety net.

In this volatile environment, certain altcoins are gaining attention. Traders are exploring these options, especially during price decreases, looking for promising opportunities. These alternatives present diverse purchasing opportunities for those seeking to diversify their portfolios in the current market scenario, capitalizing on dips and searching for long-term gains.

ScapesMania: A Newcomer to the Crypto Scene

As February approaches, the completion of ScapesMania’s groundbreaking fundraising campaign is nearing. The immediate listing on popular exchange platforms is set to follow, potentially catapulting the ScapesMania token into the stratosphere.

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The journey to success begins with strategic post-listing marketing. Guided by a team with extensive expertise, ScapesMania is poised to achieve new heights.

Furthermore, a journey with ScapesMania isn’t just about holding digital assets; it’s about enjoying the perks of token buyback & burn and staking.

With its strong practicality, ScapesMania’s token stands out in a meme-filled market. Join the community that believes in the real-world applications and long-term viability of ScapesMania!

As the countdown to the end of the presale has begun, the opportunity to grab discounted tokens is slipping away. Don’t miss your chance – act now!

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Standout Features

ScapesMania is a one-of-a-kind gaming ecosystem, where crypto-savvy audiences join forces with the vibrant community of casual players, paving the way to substantial growth. The ScapesMania community is buzzing with enthusiasm, which is reflected in $4,800,000+ raised from crowd/retail contributions to date.

Last Chance for Presale Discount – Act Now Before It’s Too Late!

Empowering Holders

ScapesMania ensures participants get precisely what they desire: gamers enjoy their favorite pastime, while crypto enthusiasts can leverage the ecosystem’s performance and shape its future through DAO, all without engaging in gameplay.

Furthermore, acquiring ScapesMania tokens unlocks extra perks. By joining the presale, you can access bonuses totaling up to +102%. You can also score referral rewards by introducing ScapesMania to your friends.

Verified Excellence

ScapesMania’s smart contract has successfully undergone scrutiny from leading security-ranking companies, providing peace of mind for holders.

The award-winning ScapesMania team secured a prestigious grant from a prominent player in the blockchain industry and is constantly engaging with a flourishing community of over 60K+ followers.

Potential for Expansion

ScapesMania is part of the massive $376 billion gaming industry, and its growth potential is fueled by this booming market. After its debut on exchange platforms, holders can expect greater liquidity and easier access to trade.

In recent developments, a wave of momentum was created by crypto whales with deposits of $20,000+ choosing ScapesMania as their next big potential gainer.

ScapeMania’s Prospects

ScapesMania tokens are currently a steal, priced at just $0.008014 per coin during the presale. By joining the presale, early adopters could potentially be looking at significant returns after ScapesMania makes its debut on exchanges. Of course, the already-advantageous ROI can only be just the beginning as ScapesMania has ambitious plans for its multi-stage post-listing development.

Last Chance: Grab Your Discounted Tokens Now!

Time is running out! Secure your tokens now at a discounted rate before the presale concludes. The opportunity window is closing fast – act now to become a part of this groundbreaking journey!

If you’re already on board with everything that ScapesMania has to offer, there’s a unique opportunity for you: a special offered code, SSF617. The limited-time offer is only valid for a limited time since the article’s publication. It’s your best chance to get a bonus of 10% after entering SSF617 in a special field at checkout, so act fast, the clock is ticking.

Polygon (MATIC): Poised for a Significant Rally

Polygon (MATIC) is experiencing a significant surge in market interest, with projections indicating a potential rally of nearly 600% in the coming months. This optimism stems from the broader altcoin market’s expected rebound, positioning Polygon (MATIC) as a potential leader in this rally.

The price situation for Polygon (MATIC) is currently on an upward trajectory, reflecting the positive market sentiment and growing investor confidence. The anticipation of a substantial rally is driving increased trading activity and attention towards Polygon (MATIC).

The forecast for Polygon (MATIC) is highly optimistic, with a potential for significant price appreciation. However, this bullish outlook is not without its challenges. Market volatility and regulatory uncertainties could impact the trajectory of Polygon (MATIC). Investors should be aware of these potential difficulties while considering the promising prospects of a substantial rally.

Arbitrum (ARB): Expanding through Strategic Grants

Arbitrum (ARB) is making strides in the market with its proposed $85 million grant program. This initiative, led by a council and advisers, aims to incentivize usership and development on the layer-2 platform. The program reflects Arbitrum (ARB) commitment to growth and development, bolstered by its substantial treasury.

The price situation for Arbitrum (ARB) is influenced by its strategic initiatives, including the grant program. These efforts are likely to positively impact the price of Arbitrum (ARB) tokens, as they demonstrate the platform’s dedication to fostering a robust ecosystem.

Arbitrum (ARB) faces a promising future with its grant program and other development initiatives. However, the platform must navigate the complexities of market dynamics and competition from other layer-2 solutions. While the prospects are bright, Arbitrum (ARB) must address these challenges to realize its full potential.

Compound (COMP): Revolutionizing DeFi Lending

Compound (COMP) is positioned as a unique player in the cryptocurrency market, offering an algorithmic, autonomous interest rate protocol. Its focus on transparency, reduced transaction fees, and enhanced liquidity sets it apart in the borrowing and lending space.

The price of Compound (COMP) reflects its market position and the value it offers to users. With its innovative approach to decentralized finance, Compound (COMP) has garnered attention from investors and traders, influencing its price dynamics.

The future of Compound (COMP) appears promising, with expectations of price growth and increased adoption. However, the platform must contend with market competition and the evolving landscape of decentralized finance. While the prospects are encouraging, Compound (COMP) must navigate these challenges to maintain its growth trajectory.

Blur (BLUR): Leading the NFT Marketplace Resurgence

Blur (BLUR) is making waves in the NFT marketplace, with a recent token unlock of nearly 50 million Blur (BLUR) tokens. This move has spiked the asset’s price and positioned Blur (BLUR) as a leader in the NFT sector’s resurgence.

The price of Blur (BLUR) has seen a significant increase following the token unlock, reflecting the growing interest in the NFT marketplace. This price movement underscores the platform’s appeal to professional content creators and investors.

Blur (BLUR) is poised for continued growth in the NFT sector, with the potential for further price appreciation. However, the platform must navigate the competitive landscape of NFT marketplaces and the inherent volatility of the crypto market. While the prospects are bright, Blur (BLUR) faces challenges in sustaining its momentum.

Conclusion

The current crypto market is marked by a significant shift, with Bitcoin’s recent bounce influencing the broader altcoin market. This has led to a stabilization of the market, with the combined market cap of altcoins finding support above $463 billion. In this context, cryptocurrencies like ScapesMania are emerging as attractive options for traders, especially during price decreases. The newcomer can very well potentially change your fortunes with its high growth capacity.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Searching For Profits: What Crypto To Buy On As Prices Drop? (2024)

FAQs

What is the best crypto to buy today for profit? ›

Here are six of the best cryptocurrencies to buy now:
  • Bitcoin (BTC)
  • Ether (ETH)
  • Solana (SOL)
  • Avalanche (AVAX)
  • Polygon (MATIC)
  • Cardano (ADA)
Jul 30, 2024

Which crypto can give 1000x in 2025? ›

From $0.01 To $10 This Crypto Is Set To Become The Next 1000x Token By 2025 As Chainlink's Price Surges And Solana Continues Bullish Outlook. As bullish momentum finally permeates the market, both Chainlink and Solana have risen to the upside coincidentally in tandem with Bitcoin's mini-resurgence.

Which crypto for quick profit? ›

What is the best crypto for a quick profit? Altcoins like Pepe Unchained and WienerAI may provide higher returns for investors seeking quick profits, but thorough research is crucial before investing.

Which crypto has 1000x potential? ›

Race to a Billion is an exciting cryptocurrency with 1000x potential. That's because the project aims to bring fun and rewards to Formula 1 fans worldwide. While the project is in a presale phase, early investors can buy the token at a low price and stake their tokens for an APY of over 4,800% while it lasts.

Which coin will reach $1 in 2024? ›

In the dynamic landscape of cryptocurrency, these ten coins, including TRON, Shiba Inu, Astar, Kaspa, Dogecoin, Stellar, Kava, Polygon, Cronos, and VeChain, present diverse potentials for reaching the $1 milestone in 2024. Investors keen on penny cryptos have a spectrum of options to explore.

What crypto will explode in 2024? ›

BlastUp ($BLP) is the next crypto likely to explode in 2024. This is a layer-two (L2) Ethereum project launchpad, offering $BLP token holders access to early-stage cryptocurrency projects on the Blast ecosystem. It is also the first L2 project to reach a TVL of $1 billion in 35 days.

Which crypto coin will make you rich? ›

1. Pepe Unchained – Best Crypto That Will Make You Rich with Lower Gas Fees and Huge Staking Rewards. Our #1 pick for the best crypto to make you rich is Pepe Unchained. Pepe Unchained ($PEPU) is an exciting meme coin built on the Ethereum layer-two (L2) blockchain.

Which crypto will boom in next 5 years? ›

5 Cryptocurrencies with Potential to Explode in 2024
  • Ethereum Price Predictions.
  • Ripple Price Predictions.
  • Monero Price Predictions.
  • AAVE Price Predictions.
  • Cardano ADA Price Predictions.

Which crypto has 100x potential? ›

PEPE ($PEPE)

It is also a strong candidate to be a crypto most likely to 100x in Q3 2024. The coin has surged by 752.44% over the past six months, indicating high interest and increasing value. In the past week, PEPE has jumped by 15.52%, and in the last month, it skyrocketed by 90.97%.

Which coin is best for daily profit? ›

Best Cryptos For Day Trading
  • Bitcoin.
  • Ethereum.
  • Binance Coin.
  • Ripple (XRP)
  • Solana.

What is the best cheap crypto to buy? ›

The Top Cheapest Cryptos to Buy in 2024
  • Ripple (XRP) – A popular crypto that enables cross-border payments.
  • Shiba Inu (SHIB) – One of the top meme coins with a market cap of over $18 billion.
  • Stellar (XLM) – A well-established crypto that enables super-fast transactions.
7 days ago

Can you make $100 a day with crypto? ›

Can you earn $100 a day trading cryptocurrency? Absolutely! If you're new to crypto day trading, here's what you need to know to make money. The most effective way to make $100 a day with cryptocurrency is to invest approximately $1000 and monitor a 10% increase on a single pair.

Which crypto has big future? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Solana (SOL)$71.7 billion$153
Ripple (XRP)$34 billion$0.6
Dogecoin (DOGE)$14.5 billion$0.1
Cardano (ADA)$11 billion$0.33
6 more rows
4 days ago

Which crypto can make you rich in 2025? ›

Top 10 Cryptos to Hold Become a Millionaire in 2025💥
  • Bitcoin: Bitcoin needs no introduction as the pioneer of cryptocurrencies and the flagship digital asset. ...
  • Ethereum: ...
  • Binance Coin: ...
  • Cardano: ...
  • Solana: ...
  • XRP: ...
  • Polkadot: ...
  • Chainlink:
Mar 23, 2024

Which coin has huge potential? ›

Highest Potential Crypto Projects in 2024

Pepe Unchained (PEPU) – L2 Ethereum network meme coin offers low fees and high staking rewards. The Meme Games (MGMES) – Olympics-themed coin with high staking rewards and low presale price.

What is the best crypto to invest in right now? ›

The top cryptocurrencies by market cap are bitcoin and ethereum. Together, they make up about 71% of the global cryptocurrency market cap. Beyond ethereum, the most valuable altcoins include BNB, solana and XRP.

Which crypto will gain the most? ›

Top Cryptocurrencies
  • Bitcoin.
  • Ethereum.
  • Tether.
  • BNB.
  • Solana.

What is the next big crypto? ›

Based on the latest market trends and insights from crypto analysts, JetBolt could well be the next big coin to explode. JetBolt has quickly gained attention thanks to its revolutionary features, including zero gas technology, easy-to-earn staking, and AI-powered insights.

How much will 1 ethereum be worth in 2030? ›

Ethereum price prediction forecasts a price jump to $10,000 by the end of 2024. By the end of 2030, the predicted Ethereum price could soar to a peak of $26,575.21.

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