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Cryptocurrencies to buy Post-market correction
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After peaking for most coins in 2021, bears have started to dominate the market. However, 2024 has revived the hopes of cryptocurrency investors, as the price charts of cryptocurrencies to buy have started to move upwards along with the overall capitalization of the sector. That of Bitcoin (BTC-USD) halving and reaching the all-time high (ATH) of $73,750 it was the green light for new investors who previously could not believe in the stability of the sector. The movement to new heights has been accelerated by Bitcoin ETF initiatives and the nurturing influence from institutional investments.
No matter how unshakable the position of the first cryptocurrency, its dominance cannot overshadow the existence of other equally promising coins. Altcoins with a capital “A” have repeatedly demonstrated their ability to grow 10- and 100-fold. Their adaptability and faster response to market trends have led to the emergence of new tokens and strengthened their position. The current boom can bring interesting projects to the fore, so let’s take a look at the most interesting options in the field of cryptocurrencies.
Cryptocurrencies to buy: Toncoin (TON-USD)
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The open network (formerly known as Telegram open network) has become a benchmark in terms of creating a useful cryptocurrency through launch Toncoin (TON-USD). The currency has gained strength in the past 2 years (2022 — early 2024), commercialization in $0.8-$2.4 zones, and now it does not leave the front pages of crypto media. After a rapid increase in February-March, analysts expected a long-term correction or holding of positions at $6. However, TON did not stop pleasing investors and reached new heights took it to $8.24. The right marketing strategy and growing interest from the blockchain community strengthen its position and allow it to reach greater heights $650 million in daily business.
The high integration into the Telegram ecosystem has brought an influx of new users. Listings on advanced exchanges have unlocked the coin’s potential, making its customer base even broader. In this way the token ended up in the top ten of the market capitalization ranking and among the top three cryptocurrencies to buy. Last year brought TON Growth of 453.19%. and the price chart assures investors that the upward trend will continue.
Bitget Token (BGB-USD)
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Bitget exchange mechanisms can function at a high level thanks to the constant use of Bitget token (BGB-USD). This utility token has improved user experience in both trading and investing in the last 3 years, as it serves as a gateway to Bitget Launchpool and Launchpad. The project ecosystem accepts the coin to pay transaction fees and participate in crypto staking, and actively implements BGB to provide early access to new projects.
The exchange token has been growing since the beginning of its existence and shows stability even in the face of bearish sentiment, which has brought BGB among the best cryptocurrencies to buy. Starting at $0.05the coin has undergone a parabolic rise to $1.48. THE 30 times increase in investment was caused by an increase in market capitalization, which went through the $2 billion mark in early June.
Investors tend to trust the token more because it is part of the overall picture of the market. Along with its success, support for BGB is also growing, as evidenced by the practice of new Bitget partnerships, the launch of the PoolX staking platform, and the increase in trading volume and user base.
Wiener AI (WAI-USD)
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In 2024, the market has been flooded with hundreds of meme coins that have managed to multiply their owners’ investment portfolios. However, most of them lack the fundamental value to be a successful long-term asset. Vienna AI (WAI-USD) stands out because it combines humor and usefulness. The project goes beyond traditional meme coins by introducing an AI-powered trading bot designed to empower users at all experience levels.
The bot works seamlessly on the Ethereum blockchain and provides recommendations by analyzing an incredible amount of data. Process automation and a user-friendly interface make WienerAI a useful tool for analyzing decentralized exchanges (DEX) to identify the most promising trades for a specific user request. Only 30% of the tokens they are distributed in the pre-sale phase, which limits supply and increases WAI’s market position. Bet prizes constitute 20% of the issuance and can gradually increase the demand for this crypto asset and keep fewer WAIs in circulation, which also has a positive effect on the tokenization of the project. Pre-sales have increased $5.5 millionand the army of fans on social media promote the token’s priority in the list of cryptocurrencies to buy.
As of the date of publication, Julia Magas does not hold (either directly or indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to InvestorPlace.com Guidelines for publication.
Julia Magas is a writer covering the latest trends in finance and technology. Her work is published in numerous financial media outlets such as Nasdaq, Cointelegraph, Investing, SeekingAlpha, FXEmpire and Beincrypto. She primarily covers cryptocurrency and blockchain technology with a focus on performance, innovations and market trends.