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Crypto enthusiasts are hunting for profitable opportunities as several coins record impressive gains. Bulls have dominated the digital asset class lately, pushing Bitcoin (BTC) prices past historical highs on Tuesday.
With major players such as Bitcoin somewhat inaccessible, alts Cardano (ADA), Dogwifhat (WIF), and the innovative Bitcoin Dogs ($0DOG) attract attention amid portfolio modifications.
Dogwifhat (WIF) eyes $3
Solana-based memecoin Dogwifhat has garnered attention due to its astronomical price upticks. In exciting updates, Binance confirmed plans to introduce four Dogwifhat pairs: WIF/USDT, WIF/BTC, WIF/TRY, and WIF/FDUSD. The exchange made WIF more accessible with its no listing fee model.
More details of the listing here ⤵️https://t.co/VqKq092Htf
— Binance (@binance) March 5, 2024
WIF’s latest performance highlights significant upside momentum for the meme token. It recorded green candlesticks for 20 days over the past month, suggesting robust bullish strength and increasing interest and investor trust in WIF.
Furthermore, its significant market cap of $1.9 billion suggests impressive liquidity for the crypto. That confirms a solid foundation and capabilities to sustain price actions.
WIF traded at $1.93 following a 27% gain over the past 24 hours. Its daily trading volume increased by 150% to $1.22 billion, highlighting massive investor activity.
WIF’s latest performance displays resilience, and experts trust amplified demand, elevated investor interest, and continued trading volume surges could push the alt to $3.
Bitcoin Dogs: tapping on Bitcoin’s strength to prosper
Bitcoin Dogs is a new crypto project that introduced the first ICO on the Bitcoin network. Leveraging BTC’s prominence and capabilities, the innovative asset connects non-fungible tokens and social gaming to form a lucrative ecosystem where users interact with their digital dogs in a P2E atmosphere.
Bitcoin Dogs will use $0DOG as its in-house token, which allows users to participate in raising dogs, social interactions, and addictive competitions.
The project’s unique concept, limited NFT collection, and tapping on Bitcoin’s strength positions $0DOG for massive growth.
Should you buy $0DOG
The alt traded at $0.0312 and has prospered during its presale, scheduled to conclude on 15 March. The project has accumulated over $7.746 million from investors. $0DOG looks to capitalize on Bitcoin’s expected 2024 bull run for explosive price actions.
Cardano ready to hit double-digits
ADA is among the tokens poised for immense surges this cycle. Renowned crypto analyst Ali Martinez revealed that Cardano’s performance mimicked the 2021 bull runs, indicating the possibility of surging to $10.
#Cardano seems to be mirroring its previous bullish cycle. If this pattern continues, we could witness a brief correction before $ADA goes parabolic toward $10! pic.twitter.com/6kDxDhxsEg
— Ali (@ali_charts) March 4, 2024
However, Martinez highlighted that the altcoin might have to retrace before the parabolic move. ADA changed hands at $0.7208 at press time, up 47% within the past month.
Cardano team has excelled in development activity, and that has helped keep the project afloat. Moreover, the project’s total value locked indicated surging investor trust.
DeFILlama shows enthusiasts have locked ADA assets worth over $466 million in the blockchain. With new players consistently joining the project, hitting $1 billion in total value locked will propel the alt to $10.
You can find more information about Bitcoin Dogs here.
The post Top altcoins for portfolio diversification as Bitcoin explores ATHs: WIF, $0DOG & ADA appeared first on Invezz
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The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.