CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Finbold 2024-12-11 16:04:29

Two cryptocurrencies to turn $100 into $1,000 in 2025

As it turned out by December, the trick to making it big in the 2024 cryptocurrency market was no tougher than buying all but the shadiest of meme coins and tokens as the year featured a massive bull run. Such a setup, for all the optimism, might make finding the right digital assets to invest in in 2025 tougher as across-the-board higher prices indicate that – barring a true parabolic market-wide rally – many cryptocurrencies are likely to offer far more modest gains. Still, many will likely continue surging, with even the biggest names in the sector, such as Bitcoin ( BTC ) and XRP , likely generating millionaires, particularly should they hit some of their most bullish price targets of $250,000 and $48 , respectively. Assuming 2025 proves another strong year, however, savvy investors might find even more wealth trading some of the slightly more overlooked digital assets, and Finbold elected to examine two strong trades for the New Year. Hedera (HBAR) Hedera ( HBAR ), the token of a platform focused on providing somewhat unconventional solutions to the issues of blockchain transaction speed, security, and scalability using the ‘ Hashgraph’ consensus algorithm, had recorded massive gains since early November. The surge, though on a hiatus at press time, is likely to continue into 2025 due to numerous recent positive developments, including Canary Capital’s November filing for a spot exchange-traded fund ( ETF ) and an active role in real-world asset tokenization. The ETF could prove a particularly powerful catalyst, as the mere act of filing raised the cryptocurrency’s prominence, and recent electoral and regulatory developments indicate approval is relatively likely to come next year. Furthermore, HBAR’s recent performance – a 20.74% correction from the December 6 highs near $0.37 to the press time price of $0.29 – that followed an extraordinarily 433.91% rise in the last 30 days demonstrates both the token’s rally potential and the fact traders are likely, at press time, facing a ‘buy the dip’ opportunity making it easier to turn $100 into $1,000. HBAR 30-day price chart. Source: Finbold Stellar (XLM) Stellar ( XLM ) has been in the news more and more in recent weeks for a good reason: its swings are remarkably similar yet stronger than those of XRP. Specifically, XLM first experienced a 500.84% rally between early November and December, taking it from $0.09307 to $0.5592. Within the same time frame, XRP rocketed 346.27% from $0.51314 to $2.29. Furthermore, the subsequent correction has also been greater as Stellar dropped 10.43% in the last 7 days to its press time price of $0.43188, while XRP’s downturn amounted to 4.33%. XLM 30-day price chart. Source: Finbold Much like HBAR, investors seeking to enter an XLM position may have a great opportunity on December 11 as the recent downturn not only means the cryptocurrency is relatively cheap compared to recent highs but has significantly cooled off its relative strength index ( RSI ), from ‘overbought’ peaks above 90 to 53.68. Also similar to Hedera, Stellar is benefitting from increased institutional exposure through Grayscale Investments LLC’s Stellar Lumens Trust – a tailwind that has been strong in late 2024 and is likely to grow stronger in 2025 given the general trend toward greater digital assets acceptance and adoption. Finally, should XLM continue outperforming XRP by a similar margin – and should XRP reach the most bullish of expert expectations – a rally all the way up to $9 could illuminate the token in 2025. Featured image via Shutterstock The post Two cryptocurrencies to turn $100 into $1,000 in 2025 appeared first on Finbold .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约