With a market during a bullish period which has therefore been in the green for many days thanks in particular to the fact that Bitcoin has exceeded the $30,000 mark, there are opportunities not to be missed.
Therefore, here is the top 5 altcoins to buy this week because they have potential and if the market continues to soar thanks to Bitcoin, they may do the same!
Avalanche (AVAX) is no longer a project to present, this multi-channel network has been making a lot of noise lately and has a strong community that believes in its future. Thus, this alternative to Ethereum promises greater scalability than ETH with lower transaction costs.
However, for the past week the asset has taken around $3, bringing its price at $20.9 while writing this article. Even in the last 24 hours, the increase is not negligible since it is 7.92%.
Therefore, although an upcoming correction could take place for AVAX, it remains a cryptocurrency with strong potential with all the same a trading volume of 369.40% during the last 24 hours bringing it to 612 293 858 $.
When we know that Bitcoin could potentially reach $40,000 in the coming weeks, one can easily imagine AVAX over $30 if it manages to break its resistance around $25.
DeeLance is a new project whose pre-sale started at the end of March. This is a platform that desires compete with Upwork or even Fiverr, but thanks to the help of new Web3 technologies including blockchain, NFT or the Metaverse.
Thus, DeeLance intends to offer a platform where it will be easy to find the employees adapted to the needs of each company, just as there is tools for recruiters to meet there.
In the same way, thanks to the Metaverse, there will be the possibility to use virtual conference rooms to talk to several individuals, making the platform much more social, but also effective.
Eventually, at the current price of $0.025 per DLANCE token, the project has already raised over $240,000. There remains more than 6 days before the next phase raises the price to $0.029.
Crypto-assets are a risky investment.
Arbitrum is a project that is getting more and more noise in the same way as Avalanche. It’s a Challenge platform who was able to bring together his community even though some problems have existed for a few days between the foundation and the users.
Indeed, under DAO governance, this system must develop based on investor votes, but the foundation does not entirely hear it that way, having taken a decision that did not please.
Thus, although tensions may have arisen following this misstep, the potential of the project is nonetheless significant. Over the past 7 days, the token has experienced significant growth from $1.20 to $1.62.
If a correction is also possible, this could be even more profitable when we know that a much more substantial market rise is still possible.
RobotEra is a Play-to-Earn (P2E) still in presale which has already raised over $1 million. As a bonus, the second phase will soon begin making the price of the TARO token from $0.020 to $0.0225. Therefore, you have only a short time left to take advantage of this opportunity.
Thus, this P2E wants to be a gigantic sandbox harnessing the creativity of the players. The latter will embody a robot which is an NFT and will aim to rebuild the planet Taro which has experienced destruction in the past.
In prime, the Metaverse will be an important part since players will have the opportunity to play together within factions, but also visit the different creations of each individual.
Crypto-assets are a risky investment.
Finally, Chainlink (LINK) is also a crypto with high potential that should not be missed this week. With a current price of $8.19, the crypto was still at $7.20 a few days ago.
Also, its trading volume experienced a 66.57% increase within 24 hours showing the community’s interest in this project.
Thus, as a reminder, Chainlink aims to offer a blockchain allowing the easy creation of smart contracts through a decentralized oracle network. This facilitates transactions and improves their speed.
As a result, Chainlink experienced a significant increase in popularity and the project could soon explode just like the whole market. Therefore it is a good cryptocurrency to invest in right now.
Source : CoinMarketCap / DeeLance / RobotEra
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This article does not represent investment advice in any way. The information provided here should not be used as the basis for making financial decisions. Investing in cryptocurrency involves risk and can lead to significant losses. You should only invest what you can afford to lose and do your own research before making any investment decisions.