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Cryptocurrency News Articles
New Cryptocurrency Investors Should Stick to Proven Assets and Several Big Meme Coins, Prominent Trader Says
Jan 29, 2025 at 01:03 am
If you're building a crypto portfolio from scratch, Bitcoin BTC/USD, Solana SOL/USD and Hyperliquid HYPE/USD are “must-haves,” said Altcoin Sherpa.
If you’re building a crypto portfolio from scratch, Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and Hyperliquid (CRYPTO: HYPE) are “must-haves,” said Altcoin Sherpa, a widely-followed trader on Tuesday on his Substack.
Meme coins like TRUMP (CRYPTO: TRUMP), Dogecoin (CRYPTO: DOGE) and Fartcoin (CRYPTO: FARTCOIN) could also be worth considering, the trader further noted.
Sherpa added he doesn’t see many alternatives worth holding in the current market climate.
Sherpa teased an important upcoming level for Bitcoin in a recent tweet, alluding to the $105,000 level as pivotal for Bitcoin.
$BTC first point of interest coming up pic.twitter.com/0VjUx93t3v
Bluntz Capital noted Solana’s pullback has created a new structure and predicts Solana is now primed for a new all-time highs.
Femto XBT highlighted HYPE as a standout token due to its strong fundamentals, driven by its role as a decentralized exchange (DEX) token.
Key drivers include airdrops for staking rewards, daily buybacks and its position as a high-performance chain token in this bull run.
His recommended buy levels are at $20, $15 and $11.
Cold Blooded Shiller sees bullish potential for TRUMP, noting a divergence forming just below the $32 resistance.
A reclaim of $32 could mark a more sustained bottom for the meme coin.
Meanwhile, trader Hoeem shared that while he’s accumulating today, he distributed heavily last week.
Ongoing whale accumulation is adding optimism to Dogecoin’s outlook.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Avalanche TVL Surpasses $1.74 Billion, Marking a Major Network Advancement
- Jan 30, 2025 at 10:45 am
- The Total Value Locked on Avalanche blockchain passed $1.74 billion, marking a major network advancement. The industry momentum of decentralized finance (DeFi) further verifies the Avalanche network's expanding authority.
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- XRP, ETH Price Action Signal Potential Breakouts as BlockDAG Affiliate Program Offers 5% Cashback: Which Crypto Should You Buy?
- Jan 30, 2025 at 10:45 am
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- Bitcoin (BTC) Is Creating New Millionaires as Mid-Sized Holders Cash Out Preceding Major Market Moves
- Jan 30, 2025 at 10:45 am
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- Bitcoin (BTC) Price Analysis: BTC Might Be Preparing for Another Surge Toward the $110,000 Mark
- Jan 30, 2025 at 10:45 am
- Bitcoin is once again gaining traction, and a discernible increase in trading volume indicates that market volatility is returning. The price is resilient above important support levels, currently trading at about $102,700. Bitcoin might be preparing for another surge toward the $110,000 mark due to high buyer interest and increasing volume.