Top Cryptos to Add to Your List for a Profitable Summer

With the holiday season fast approaching, the crypto market is warmed up by the newly recorded rallies that have reignited investor interest. Bitcoin further broke out to levels not seen in months, and this flow-through effect spread through the markets as both seasoned and newer investors focused on opportunities to profit from newer trends, including Ethereum, Solana, Matic, Aptos, and Pawfury. Furthermore, recent projects have been gaining ground and are all set to provide better returns during the same time frame. Therefore, FOMO (Fear of Missing Out) combined with YOLO (You Only Live Once) implies that sentiment will win and be a rewarding September for cryptocurrency followers.

Pawfury – The Newest Entrant in the Scene

Pawfury is making a significant impact as the newest entrant in the cryptocurrency market. Its innovative features and strong community backing have quickly positioned it as a formidable contender. Pawfury is attracting substantial interest from investors seeking fresh opportunities. As it continues to gain traction,  it promises robust growth and a dynamic presence in the evolving crypto landscape.

Join Now for a Chance to Benefit with Pawfury

Pawfury is built to reward early participants and ensure a fair distribution of tokens. Featuring multiple stages with rising prices, early investors benefit from lower token costs. This approach generates excitement and attracts capital, thereby boosting the project’s liquidity and market stability.

To celebrate its success, investors can now enjoy a 10% extra bonus on their first purchase on Pawfury using the promo code “PAWBONUS10X” for a limited time.

Ethereum (ETH): Spot ETF Approval Boosts Confidence

Ethereum (ETH) has experienced a notable shift with increased activity from a dormant whale, signalling the king of altcoins’ strong performance and rising prominence in cryptocurrency.

Ethereum (ETH) is trading between $2577 and $2779. The 10-day moving average (MA) is $2602, and the 100-day MA is $2632. Key support levels are $2272 and $2370, with resistance levels at $2618 and $2825.

With recent Ethereum Spot ETF approval and growing institutional interest, the outlook for Ethereum (ETH) is cautiously optimistic. The current market dynamics present opportunities for investors to buy at a discount, with the potential for upward growth. However, market volatility and regulatory developments remain challenging, so investors should expect moderate growth with potential corrections.

Solana (SOL): On the Road to Recovery

SOL is showing a sign that it has recovered from the FTX fallout, spotting an increase in DeFi activity and a rise in active addresses. Contrarily, with all these positive developments, the DeFi sector for Solana has yet to recover to its peak and is 89% below, indicating that full recovery will take some more time.

Solana SOL is changing within the price range from $138.89 to $172.31. The 10-day MA stands at $141.11, and the 100-day MA is at $144.60. The support comes in at $119.45, with a resistance at $147.89.

Recent developments and increased network activity could foreshadow potential growth for Solana. It would be hugely dependent on ecosystem development and sentiment in the market to move upward in the long run. Investors must always be prepared for drops but maintain a cautious optimism toward future price appreciation. 

Polygon (MATIC): Gaining Momentum through Strategic Collaborations

One critical development about MATIC has been the migration to POL token, due to be up by September. The fact that this is taking place—Polygon (MATIC)—speaks volumes about how very relevant this continues to be for real-world applications and enterprise solutions.

Finally, the Polygon (MATIC) value is within the zone of $0.3962 and $0.4012. Only the MATIC was at $0.3991 in the 10-day MA and at $0.4096 in the 100-day MA. Support levels were at $0.3591 and $0.3601, while resistance levels were at $0.4328 and $0.4711.

The strategic partnership with Shell and positive market sentiment could drive further growth for Polygon (MATIC). However, given the cryptocurrency market’s inherent volatility, a balanced outlook is essential. While there is potential for moderate growth and higher peaks, investors should be prepared for possible market corrections.

Aptos Ecosystem Thrives: 3570% Transaction Increase

The Aptos network has seen a remarkable increase in transactions, soaring by over 3,570% on August 13, driven largely by the launch of the Tapos Cat click-to-earn game. Daily user transactions on Aptos surged from 1.4 million to over 51 million, reaching its highest level since May, with transactions per second hitting a record 14,340, surpassing Solana’s figures.

This update followed the recent CNF update on Aptos Labs launch of seamless Coin to Fungible Asset Migration on the mainnet, enhancing asset management for developers. Moreover, according to a recent update shared by CoinMarketCap, the increased transaction volume in the Aptos ecosystem is due to the Tapos Cat click-to-earn game.

On August 13, transactions surged 3,570% to over 51 million, with a peak TPS of 14,340, driving APT’s price up by 30% in a week. As of now, Aptos (APT) is trading at $5,89, with a decline of 8.20% in the past day but a surge of 2.70% in the past week.

Conclusion

The cryptocurrency market is booming this summer. Bitcoin, Ethereum, Solana, Aptos, and Pawfury are at the forefront, each displaying strong growth potential. Ethereum is riding high on the recent Spot ETF approval, while Solana is making significant strides in its ongoing recovery. Pawfury’s innovative rewards system adds to the excitement, making this season full of promising opportunities for investors. However, given the inherent volatility of the crypto market, staying informed and strategic will be crucial for maximizing returns during this festive period.

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