2024

Solana

Wolf of Wall Street

<div class="finbold">
 <p class="paragraph">With the first month of 2024 beginning, most assets in the cryptocurrency sector are entering the new year with renewed optimism, recording price increases across the sector, and crypto traders and investors are wondering which of them is the best to invest in January.</p>
 <div></div>
 <p class="paragraph">In this context, Finbold has analyzed the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> market to deliver a list of three digital assets that will be the hottest topic this month, be it in line with their strength from the last few weeks of 2023 and/or announced developments that could exert a strong buying pressure on them.</p>
 <h2 class="wp-block-heading" id="h-1-bitcoin-btc">#1 Bitcoin (BTC)</h2>
 <p class="paragraph">Indeed, Bitcoin (BTC) has a lot to look forward to in January, as the United States Securities and Exchange Commission (SEC) might approve the first spot Bitcoin exchange-traded fund (ETF). Moreover, it could be the start of a three-year bullish trend, according to <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> expert Ali Martinez.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/QGlss9F2Fa1GcNZqyMvdGnK1Ic7nqc9nu2gTUxNI-cR1-ekNBDtgX9_S27Oowa9etMCnQTscZNYqc45yV80oOwfh1rPL_hYAmPNPzDW3tcb7Z12my9QV5odJVi5chjhmj96HXm5pZYJg47Wixtpkuqc" alt>
  <figcaption class="wp-element-caption"><em>Bitcoin price historical analysis. Source: </em><em>Ali Martinez</em>
  </figcaption>
 </figure>
 <p class="paragraph">Presently, the price of the flagship decentralized finance (DeFi) asset stands at $42,586, up 1.72% on the day, down 2.34% across the week, and increasing by 10.3% on its monthly chart, according to the most recent information retrieved by Finbold on January 1.</p>
 <figure class="wp-block-image aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/01/c180a70ae2d59b55a91171163eedd6b1.webp" alt class="wp-image-146476" srcset="https://cdn.thebittimes.com/images/2024/01/01/c180a70ae2d59b55a91171163eedd6b1.webp 1024w, https://cdn.thebittimes.com/images/2024/01/01/c180a70ae2d59b55a91171163eedd6b1.webp 300w, https://cdn.thebittimes.com/images/2024/01/01/c180a70ae2d59b55a91171163eedd6b1.webp 768w, https://cdn.thebittimes.com/images/2024/01/01/c180a70ae2d59b55a91171163eedd6b1.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>Bitcoin 30-day price chart. Source: Finbold</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-2-solana-sol">#2 Solana (SOL)</h2>
 <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8">
  <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto">
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/01/58f4acf5e34446fd0cc4942e06547ceb.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Stocks 
       <h3 class="font-bold leading-6 " id="wolf-of-wall-street-j-belfort-s-market-predictions-for-2024">Wolf of Wall Street J. Belfort’s market predictions for 2024</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/01/0f0cb927d238e1f60566e0de7e168a21.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="machine-learning-algorithm-sets-bitcoin-price-for-january-31-2024">Machine learning algorithm sets Bitcoin price for January 31, 2024</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/01/630c05d78db46c3413563f89568e726f.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="expert-bitcoin-s-parabolic-rally-could-begin-if-this-resistance-is-breached">Expert: Bitcoin's parabolic rally could begin if this resistance is breached</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/01/1154be5d29c47b918cba570901c63d3c.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Finance 
       <h3 class="font-bold leading-6 " id="this-black-swan-event-could-derail-2024-us-elections-warns-entrepreneur-gary-cardone">This Black Swan event could derail 2024 US elections, warns entrepreneur Gary Cardone</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/01/d7636f339a9c588005054533da690acf.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Finance 
       <h3 class="font-bold leading-6 " id="google-bard-picks-4-commodities-to-buy-for-start-of-2024">Google Bard picks 4 commodities to buy for start of 2024</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">Meanwhile, Solana (SOL) has had a massive upward run that has seen it rally by more than 500% in just two months, as observed by the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> analyst Michaël van de Poppe on December 28. Although this expert believes its run is over for now, Solana should remain a strong asset in the weeks to come.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/BFJ6gLFZCit1buQWuvfLCvJiUUis0YvzMzDgqOFNv1tQwSD3SILYKAZZOvwP0_UzcdEsXRkFZcU_wWKk6GDIY1rfa3YnxAnng7DgZPdn-f7J0dj8IqZy6pE6M6mqqiINCc5UiNpt9prfDo5AVqsxx08" alt>
  <figcaption class="wp-element-caption"><em>Solana price action analysis and prediction. Source: </em><em>Michaël van de Poppe</em>
  </figcaption>
 </figure>
 <p class="paragraph">As things stand, Solana is currently changing hands at the price of $104.03, which indicates an increase of 1.9% on the day, a decline of 5.43% across the previous seven days but making a significant monthly gain of 69.85%, as per the latest data.</p>
 <figure class="wp-block-image aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/01/a809a0bd34e8cae7734b9111cc29d707.webp" alt class="wp-image-146477" srcset="https://cdn.thebittimes.com/images/2024/01/01/a809a0bd34e8cae7734b9111cc29d707.webp 1024w, https://cdn.thebittimes.com/images/2024/01/01/a809a0bd34e8cae7734b9111cc29d707.webp 300w, https://cdn.thebittimes.com/images/2024/01/01/a809a0bd34e8cae7734b9111cc29d707.webp 768w, https://cdn.thebittimes.com/images/2024/01/01/a809a0bd34e8cae7734b9111cc29d707.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>Solana 30-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-3-xrp-xrp">#3 XRP (XRP)</h2>
 <p class="paragraph">Furthermore, caught in a ‘neck and neck’ race to $1 with Cardano (ADA), XRP (XRP) is on the path that could see it win this race and more – skyrocket to $3.7 – if history repeats itself with regards to the Super Guppy indicator, according to a recent <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> reported by Finbold.</p>
 <figure class="wp-block-image aligncenter is-resized"><img decoding="async" loading="lazy" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/TA7GcC6Dhqp7x1KxKgy-x-v55uWq4avhubxfO-I8JkFpZDXiBgMYhxZyDrr4nf5GL808iK5mvL4xmqYDwlEhqUMil6fafYO2-hFXtox7FKikdgdupFo1PM5NI7tZ3vg2z8gEiicyHYUENmfv-j3s0Nk" alt width="834" height="355">
  <figcaption class="wp-element-caption"><em>XRP price action analysis and forecast. Source: </em><em>Egrag Crypto</em>
  </figcaption>
 </figure>
 <p class="paragraph">At press time, the XRP token was changing hands at the price of $0.623, having gained 0.47% in the last 24 hours and still holding onto the 0.94% gain across the previous week and the advance of 1.95% in the last month, as the latest charts suggest.</p>
 <figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://cdn.thebittimes.com/images/2024/01/01/68a823fb9a22fb1100c7b506a086f486.webp" alt class="wp-image-146478" width="834" height="556" srcset="https://cdn.thebittimes.com/images/2024/01/01/68a823fb9a22fb1100c7b506a086f486.webp 1024w, https://cdn.thebittimes.com/images/2024/01/01/68a823fb9a22fb1100c7b506a086f486.webp 300w, https://cdn.thebittimes.com/images/2024/01/01/68a823fb9a22fb1100c7b506a086f486.webp 768w, https://cdn.thebittimes.com/images/2024/01/01/68a823fb9a22fb1100c7b506a086f486.webp 1200w" sizes="(max-width: 834px) 100vw, 834px">
  <figcaption class="wp-element-caption"><em>XRP 30-day price chart. Source: Finbold</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-conclusion">Conclusion</h2>
 <p class="paragraph">Overall, the above-mentioned <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets are among those that have all the prerequisites to continue their successes during January. However, it does not necessarily mean that the situation will remain unchanged, which is why doing one’s own research is essential.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.&nbsp;</em></p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/january-s-crypto-hotlist-top-3-picks-tbt75287.html">https://thebittimes.com/january-s-crypto-hotlist-top-3-picks-tbt75287.html</a></p>

January’s crypto hotlist: Top 3 picks

Indice dei contenuti

TheBitTimes

Altri articoli pubblicati su 1 gen 2024

Ethereum Price Prediction for 2024: Can Vitalik Buterin’s Roadmap Lead ETH to $5000?

Solana Price Prediction as $2.2 Billion Trading Volume Comes In – Can SOL Overtake Binance Coin?

Top Binance Spot Trader Sets Solana and Retik Finance’s Target Price for 2024, and It’s Gonna Sur...

Shiba Inu Beats Out Ethereum, Cardano, And XRP To Become Second Most Traded Coin

January 2024 Token Unlocks: Over $600M in Supply Enters the Crypto Market

Bitcoin Eyes January Gains Despite Historic Downside Risks: Analyzing BTC Price Reactions Followi...

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!