The Fear & Greed Index shows that the crypto market is indecisive (or cooling down after the pre-holiday rush). $BTC stands at $94K, $ETH at $3.3K, and $XRP at $2.14. Many tokens have been in the red this week, but that doesn’t mean there is no hope for a bullish turn.
Experienced traders know that you should always buy the dip. They also know how to buy early, as seen in the frenzy surrounding pre-sales of the likes of Solaxy ($SOLX), Flockerz ($FLOCK), and Meme Index ($MEMEX).
Let’s reveal the state of the cryptocurrency market today – and which early altcoin projects can secure your future.
Crypto Prices Update: $BGB & $PENGU Rise, $XRP Struggles
$BTC is down 6% after it failed to break the $101K resistance yesterday. The monthly maximum of $108K seems out of reach in the near future, but things may change when Trump takes office.
The performance of $ETH was not the same as that of $BTC. Chaos is the word. $ XRP was very negative – despite the number of XRP wallets growing, the token could gradually fall to the $ 2.28 area this week.
Bitget Token ($BGB) is the undisputed top gainer with a recent price increase to around $7.68 and a market cap of around $10.75 billion. Other weekly leaders include FTX Token ($FTT), Virtuals Protocol ($VIRTUAL), Zcash ($ZEC), and Pudgy Penguins ($PENGU). The latter is now the fifth largest meme coin by market cap, ahead of $WIF and $FLOKI.
On the other hand, $FARTCOIN lost 13.22% of its value – not surprising for meme coins that rely only on speculation.
Among the categories, we saw an increase in interest based on trading (+6.6% change in market cap) and AI tokens (+17%). Cat-themed tokens like $POPCAT and $MOG are losing ground to dog packs, like $WIF and $FLOKI.
The Early Bird Gets the Worm
It is not easy to jump on the train that started in 2009. $BTC may offer long-term momentum, but it is unlikely to rise as much as the new meme coins – at least in the short term.
This is why gutsy investors are turning to crypto presale. Low entry points and high stake rewards allow you to maximize potential profits.
$SOLX is one such project. Within two weeks of its launch, it raised $6M and amassed over 30K X followers. The reason? Solaxy is the world’s first Solana Layer-2 solution for meme coins. It promises no more traffic jams, high fees, and job failures.
While $FLOCK may not boast the rapid fundraising speed of $SOLX, its community-oriented management model gives it the potential for continued growth. The flexible Vote-to-Earn system allows you to earn tokens by voting on project improvement proposals.
In 26 days, $FLOCK will list on DEXs at a higher price, so now is the last chance to secure your token share at $0.00653.
$MEMEX continues the trend of meme coins with a real resource. The biggest hurdle for every investor is choosing which project to bet on. Meme Index helps diversify your portfolio and spread risk.
It achieves this with 4 meme coin indexes that cater to different risk appetites: Titan is less volatile and includes top coins like $DOGE and $SHIB; Moonshot and MidCap include mid-cap tokens; and Frenzy offers the highest possible returns on new projects.
The presale had just begun and had already raised $577K. One $MEMEX is now worth $0.0146285, but the price will increase soon.
Stay Focused in this Volatile Market
Suspicions are high that the current market situation is a temporary correction, not the end of the bull run. And, in fact, it can be a good time to grow your portfolio at discounted rates.
Remember to do your research and diversify your investments. No project can guarantee a return, so invest only as much as you can afford to lose.