Buy Renzo Restaked SOL (EZSOL)

3 Coins Under $0.80 to Watch as They Climb Past $2 in Coming Weeks
Hedera (HBAR)
Its 17.20% price rise shows investor confidence in Hedera (HBAR), a developing cryptocurrency. Hashgraph consensus, a major enterprise blockchain solution, makes Hedera, trading at $0.3922, grow because of its speed, scalability, and energy efficiency. Trading volumes rise as businesses and developers employ Hedera’s powerful decentralized software, tokenization, and safe data-sharing features. Hedera, a blockchain for real-world applications, is making news with its DeFi ecosystem, tokenized assets, and partnerships with prominent institutions. Supply chain, healthcare, and finance employ HBAR because it can scale transactions at half the cost of traditional blockchains. Due to these events and the market’s bullish outlook, HBAR may break $2 in the next weeks, making it an appealing option for those seeking affordability and growth.

Polygon (POL)
Polygon (POL), a blockchain pioneer, will likely raise its price due to its interoperability and scalability. Polygon’s clever AggregLayer approach unlocks this potential by aggregating zero-knowledge proofs across blockchains. By integrating Layer-1 and Layer-2 networks, AggLayer enhances transaction efficiency and solves blockchain technology’s fragmented cross-network interactions. Polygon attracts developers and enterprises seeking scalable solutions because it leads to a unified and pleasant user experience. Despite global regulatory scrutiny and the SEC’s 2024 classification of POL as a security risk, Polygon’s proactive compliance policy remains strong. High-profile collaborations and regular project flow confirm the platform’s scalable and efficient blockchain ecosystem status. POL’s usability and growing adoption suggest it could reach $2 in the next weeks, making it a great investment for those seeking affordability and growth.

Stellar (SLM)
Stellar (XLM) is promoting itself as a promising coin with major security improvements that strengthen its ecosystem. Recent network upgrades enable real-time monitoring, helping Stellar discover and prevent risks. This proactive strategy and risk management mitigate threats and secure the ecosystem for developers and users. These enhancements may boost XLM holders’ confidence and attract new Stellar projects, producing a positive adoption and utility loop. Stellar has risen 3.3% daily and 251% net yearly despite a 0.7% market decrease last month. Despite recent price stagnation, Stellar overcame numerous competitors amid January’s market-wide dips, justifying its strong long-term view. Given its improved environment, growing appeal, and historical resiliency, Stellar can break $2.

The market has turned back to red again, according to CoinStats.

XRP/USD

The rate of XRP has fallen by 3.48% since yesterday.

On the hourly chart, the price of XRP is going up after setting a local support level of $2.9466. At the moment, one should focus on the vital zone of $3. If the daily bar closes above it, there is a possibility of an upward move to the $3.0631 mark soon.

On the bigger time frame, the rate of XRP is far from the key levels.

card

As neither side is dominating, ongoing sideways trading in the range of $2.90-$3.10 is the more likely scenario.

From the midterm point of view, the situation is similar. If the picture remains the same until the end of the week, traders are likely to witness consolidation in the area around $3 by mid-February.

XRP is trading at $2.9725 at press time.

The crypto market continues to experience turbulence following January’s crash. While some altcoins show resilience, others are struggling to maintain momentum. According to crypto analyst Pooja Khardia, investors should consider selling PNUT Coin and four other underperforming altcoins before further losses occur.

5 Altcoins to Sell Right Now

Market data from analytics platform Santiment reveals that while buying pressure is increasing, several cryptocurrencies are showing significant weakness. Here are the five tokens analysts suggest selling:

Peanut the Squirrel (PNUT Coin)

PNUT Coin gained viral traction in 2024 due to a controversial story about a euthanized squirrel named Peanut. The token quickly became popular, but with no substantial growth factors, it has been on a steep decline, losing 90% of its value from its peak. With no catalysts in sight, experts believe holding PNUT Coin could result in further losses.

Official Trump (TRUMP)

The TRUMP meme coin saw a major surge after being associated with former U.S. President Donald Trump. However, the hype has faded, causing a 70% drop in two weeks. Critics argue that Trump’s unpredictable connection to volatile assets could lead to further price instability, making TRUMP a risky investment.

 

Jelly My Jelly (JellyJelly)

Venmo’s founder launched JellyJelly, which initially gained attention. However, a Santiment report suggests that the token lacks strong fundamentals and may have been a pump-and-dump scheme. As its price continues to decline, JellyJelly is increasingly being viewed as a failing asset.

Charles (CHARLES)

The CHARLES token attempted to capitalize on Cardano (ADA) founder Charles Hoskinson’s name by sending 90% of its supply to him. However, Hoskinson rejected the token and burned all the ADA meme coins, leading to a significant price crash. Analysts expect CHARLES to continue its downward trajectory.

X Empire (X)

X Empire, a Telegram-based mini-game token, has been struggling since launch. With no new updates or ecosystem growth, the token has lost over 85% of its value. Without further developments, its price is likely to keep declining.

Should Investors Be Concerned?

While the crypto market remains highly volatile, understanding which assets are worth holding is crucial. Experts suggest that investors stay cautious and conduct their own research before making any decisions.

Disclaimer: This article presents expert opinions and does not constitute financial advice. The Bit Journal recommends performing thorough research before investing in cryptocurrencies.

https://twitter.com/Thebitjournal_

https://www.linkedin.com/company/the-bit-journal/

https://t.me/thebitjournal

Follow us on Twitter and LinkedIn and join our Telegram channel to get instant updates on breaking news!