After a minute bearish trend attack, the crypto market crashed earlier, and many crypto prices were affected negatively. Bitcoin fell by 9% after hitting ATH and is trading at $69,190.61. At the same time, Ethereum also stepped down way lower than the $4K range.
Amid this chaos and price fall for major cryptocurrencies, few still maintained good reputations in the market. In this blog, let’s discuss the top crypto picks for this week.
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3 Top Crypto Picks For This Week
An investor’s portfolio needs diversity to stay safe and in minimal loss when the crypto market falls or lacks performance. For such a diversified crypto portfolio, these 3 top crypto picks will be suitable choices because of their popularity in the market.
1. Jupiter
Jupiter is a swap aggregator on the Solana blockchain, which helps out with the liquidity of the blockchain. It aims to offer a decentralized exchange equipped with low cost, security, and speed to handle a large volume of trades. Jupiter has its native token called JUP, which has surged over 190% in a month time-space, moving up from $0.532 to the current value of $1.54. In the last 24 hours, JUP has surged above 55%, marking an extraordinary growth during the market crash.
Interestingly, it has an insurance system to protect its users from malware or manipulation attacks.
2. Hypeloot (HPLT )
HPLT is the native token of Hypeloot, which offers various popular casino game modes. They have recently launched this utility token at the value of $0.09375. The Hypeloot presales are going on from the start of February, and it has reserved 40% of the total supply for resale purposes only. It is backed by Artificial Intelligence, revolutionizing the online gaming industry.
What’s unique about HPLT is that the team tries to buy back all the tokens and burns them for scarcity purposes, eventually lifting the token price. It is possible with the company funds, as the organization has generated over $1 Million in revenue.
3. Pyth Network
Pyth Network is a first-party oracle network that aims to deliver real-time data on the crypto market, FX, Equities, and 50-plus blockchain commodities. Within a year of launch, the network has gained $1 Billion in value, used by 250-plus applications, and is supporting $100 Billion in trading volume.
It has its native token Pyth, which has recently surged over 28% in just a day, bringing the price to $1. 13 with a market cap of $1,698,049,035.
Conclusion
The crypto market is an industry of 2.2 million plus crypto options to invest in, where the market trends, volatility, and community can grow or kill the value of crypto. This blog has covered top crypto picks for this week, which are performing well on the market against all odds. It included an oracle network called Pyth Network, a game application called Hypeloot, and a swap aggregator called Jupiter.
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Ezra Icy, the creative wizard from Phoenix, Arizona, specializes in crafting magnetic content for Web3 brands. In the digital realm, he doesn't just connect users; he orchestrates a symphony of community and human bonds. Connect with Ezra in transforming pixels into unforgettable moments and turning the virtual landscape into a warm, welcoming oasis of connection only at [emailprotected]
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
