Smart Money Has An Eye For 2 Crypto To Buy For 10X-50X Potential In 2024
The ardent investor in the cryptocurrency market knows exactly when to buy and when to sell, carefully timing the bull market. Following similar patterns can allow novice investors to achieve results they would have otherwise dreamed of if they followed untested methods. Such strategies can transform an ordinary crypto portfolio to unprecedented levels with the potential crypto to buy, eyed by smart money in 2024 for between 10x and 50x profit. May is expected to allow for the stabilization of prices following a rollercoaster in April.
1. Bonk (BONK)
Bonk spent nearly four weeks oscillating between support at $0.00002 and resistance at $0.000028. An ascending trendline reinforced the support, allowing bulls to put up a strong fight and prevent further losses.However, their efforts weakened on encountering the seller congestion at $0.000028, hence the doldrums.
2. Cardano (ADA)
Over the past week, the price of ADA has fluctuated between $0.42 and $0.46, with a slight surge of more than 1% after a bullish trend. However, over the past month, the ADA price has seen a slight decrease, reflecting the broader market trends and investor sentiment. According to data from DeFiLlama, Cardano’s Total Value Locked (TVL) has reached $261.03 million. The TVL is a key metric that reflects the total amount of assets locked in the Cardano ecosystem, indicating the level of activity and investment within its decentralized finance (DeFi) space.
Takeaway
The path to making a fortune in the cryptocurrency market starts with following tried-and-tested strategies and investment methods. Above all, narrowing down to the key crypto to buy like Bonk and Cardano could set ordinary portfolios for success, especially amid the expectations of a massive bull run in 2024.