After #البيتكوين rose to record levels, exceeding $104,000, some are wondering about the best currencies to invest in. In this article, and based on one of the most important principles of trading, do not put all your eggs in one basket, we will discuss 5 alternative currencies that should be bought before 2025. We will try to focus on currencies with good projects, a professional team, and high liquidity. Even if the market declines a little, it will return to hit new peaks.
First currency: #DOGE:
This amazing coin, backed by Elon Musk, has made good gains during this bull run and we expect it to rise further in the coming months. Everyone expects Elon Musk to add it to the expected payment methods in the first quarter of 2025. It is also considered one of the most important meme coins that has great popularity.
To follow the price of Dogecoin, here is the link https://www.binance.com/en/price/dogecoin
Secondly, the #BNB currency
The currency is well-known and is affiliated with the Binance platform, and the platform strongly supports it. It will most likely return and rise well. It also achieved a historic peak this month, reaching a price of $793. The strength of the currency comes from the strength of the platform and its project, and any investment, we emphasize, must be in strong currencies.
Thirdly #ETH:
We cannot ignore Ethereum, especially with the launch of instant Ethereum funds, as they did not attract the expected liquidity. The Ethereum project and the applications built on it make it one of the best currencies that an investor can invest in. Ethereum is considered the strongest currency after Bitcoin, and there is no fear of investing in it.
Fourth currency #SOL🔥🔥
It is one of the strongest currencies and ranks fifth in coinmarketcap. Its project and network are among the strongest and best networks. Some expect it to surpass Ethereum in terms of liquidity. The number of applications built on Solana is growing significantly and is considered the first competitor to Ethereum.
Fifth, XRP currency
No one disagrees that the Ripple project is one of the strongest projects in the blockchain field, but the lawsuit filed against it by the Securities and Exchange Commission has greatly affected the price over the past years, and immediately after Donald Trump held a private session with the founder of Ripple where they discussed the issue, a special court issued a preliminary ruling in favor of Ripple to expedite the trial, which raised the price of Ripple significantly and had a positive impact on the rest of the alternative currencies. It is expected that the court will issue a final ruling in favor of Ripple, all of which will significantly raise the price of XRP in the coming period.
It is worth noting that entering cryptocurrencies now would be better with the DCA strategy. It is known that buying is at the bottoms and selling is at the tops, and there is no buying except after a clear market correction.