Cardano price has fallen victim to a major price correction of late, pushing it down in double digits. To be precise, the token’s value has plummeted by over 11% in the last 24 hours alone. However, investors should check out these tokens, which can earn them profit going forward in the first quarter of this month.
These 3 Cryptos Are Worth Watching
MANTRA (OM)
At a time when top cryptos like Cardano price today is dropping, Mantra (OM) is among the only handful of tokens that managed a marginal price hike in the last 24 hours. At the time of writing, O is trading at $7.3 with a market capitalization of over $7.11 million. TradingView’s charts revealed that OM’s price has been moving inside a parallel channel. Therefore, a few days of consolidation price action can be expected. However, going forward, if the token manages a breakout, then it won’t be surprising to see OM touching $9-$10 in the coming weeks.
Best Wallet Token (BEST)
Though tokens like Cardano (ADA) might be struggling, ADA makes it good instruments to generate long-term profit. Securing these assets is therefore important, which a new cryptocurrency wallet, Best Wallet, does admirably.
Native to this wallet is the BEST token, which is also known as the Best Wallet Token. This token is the key to access the enhanced features of Best Wallet’s already heightened facilities.
These include trading crypto onramp via fiat, staking opportunities, portfolio management, and gaining access to crypto ICOs before they are made public. The token has raised more than $10 million so far and is offered through a multistage presale. The token has the necessary community interest to boost its value after launch because it is already linked to a well-known wallet. Additionally, Best Wallet has a good potential of gaining long-term momentum and increasing by ten times because it is a decentralized wallet that is controlled by the BEST token, a DAO cryptocurrency.
Polygon (POL)
Though most eyesore are on Cardano price, Solana has also been facing a similar situation. The POL price has already decline by nearly 10% in the last 24 hours. However, there is hope for a revival as a key technical indicator is now flashing a buy signal. The technical indicator Relative Strength Index (RSI) was about to enter the oversold zone. Whenever that happens, it suggested that the changes of buying pressure increasing are high, which has the potential to push POL’s price up in the coming days.
Conclusion
Cardano price struggles amid a bearish market, but tokens like MANTRA, Best Wallet, and Polygon show promise. With strategic investments, investors can navigate volatility and capitalize on potential gains in the crypto market.
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