TOP CRYPTO TO INVEST IN TODAY:
Bitcoin $BTC remains a strong candidate for top crypto to invest in today.
But for investors who already own Bitcoin, are there any other cryptos they should check out. Solana ($SOL )
Solana (SOL) is one of the leading smart-contract-enabled blockchain protocols and has been a huge narrative in the last year.
Its eye-catching pump from 2023 lows around $13 to 2024 highs above $200 was driven by a surge in adoption.
Namely, Solana has become the main home of meme coin trading and is a major market leader.
Last at $152.50, SOL probing its 50 and 200DMAs in the $145-152 area.
It already bounced from a test of its 200DMA earlier in the year. And history could be about to repeat.
Even if SOL does fall further, it remains well within its recent $120-200ish range.
Investors should consider continuing to dollar-cost-average into Solana (SOL) whilst it consolidates below earlier yearly highs.
It remains one of the top cryptos to invest in today. Near Protocol ($NEAR )
Those looking for quick gains might want to check out Near Protocol (NEAR), which is currently testing key resistance at $4.60.
This has been a key resistance-turned-support zone going back to late 2023.
A quick 2x rebound back to yearly highs near $9 could be on the cards.
That said, if NEAR breaks below this key support zone, a 50% drop back to the next support area in the mid $2.0s is possible.
So investors must be cautious, they may get caught out.