The Santa Claus rally is just around the corner, and cryptocurrency prices are poised to surge to multi-year or all-time highs. Bitcoin has already broken records, and many altcoins are expected to follow suit. Here are the top 3 cryptos to buy ahead of the Santa Claus rally:
1. Ethena ($ENA )
Ethena has been on a tear, soaring from $0.1933 in September to $1.3 on Monday. This rally has been fueled by Donald Trump's World Liberty Finance (WLFI) buying more coins and the total value locked in USDe jumping to over $6 billion. Investors are flocking to USDe due to its 27% yield, making it an attractive asset.
ENA's price is forming a cup and handle pattern, with an upper side target of $1.5216. A move above this level could bring the price to $2.7685.
2. DexBoss
DexBoss is an upcoming DEX network currently in presale, making it an attractive buy. With a current price of $0.01 and a listing price of $0.050, investors can expect a potential 400% return.
DexBoss aims to outperform popular platforms like Uniswap and Raydium by offering low costs, over 2,000 coins to trade, and cross-chain compatibility.
3. Ondo Finance ($ONDO)
Ondo Finance has seen a significant price jump, making it an ideal buy. The rally has been driven by increasing demand for Real World Asset Tokenization assets and a total value locked of over $613 million.
ONDO's daily chart shows a cup and handle pattern, with a potential target of $2.53. A drop below $1.8 could invalidate the bullish view and lead to further downside.
Other Notable Cryptos to Buy
Other popular cryptocurrencies to consider buying ahead of the Santa Claus rally include:
Hedera Hashgraph
Chainlink
Mantra
Polkadot
These cryptos have shown promise and could potentially see significant gains during the Santa Claus rally.
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