The Bull Run Has Begun For These Top Cryptocurrencies

If you are an investor, then you will want to make sure that you are always keeping an eye on the latest market trends. If you do not actively watch the market for bull runs, then you may be constantly behind the curve, and this can have a major impact on your overall profit levels. Luckily, we have made things easier for you, by listing some of the top cryptocurrencies on the market right now, so you can find one that is experiencing a bull run and rocket the potential of your investment.

Maker

Maker experienced a V-shaped recovery from $590 and this has helped to spur on a huge level of growth. The bull run is also being backed by a sustained rise in volume as well. Some say that the price could well reach over $1,000. The one thing to take note of here is that the bullish growth could well face a formidable amount of resistance in the future, and this could replenish some of the selling pressure. The Maker coin price has experienced a steady decline over the years and if you look at the data, then you will soon see that it is down by 82.1% overall. Reversals from trendlines such as this show that most sellers tend to give up their currency on rallies, but so far, it looks like this coin is showing a lot of resistance. With that in mind, it has bounced back stronger than most realized and with sustained buying, it is said that the price could go up by another 8%.

Synthetix

Synthetix experienced a big bull run a while ago and during this time, it went from being priced at $0.3879 USD to a whopping $7.4289. This is one of the biggest currencies on the DeFI market right now and the virtual currency has grown substantially over the last few months. If you break everything down, then you will see that it has been able to reach the highest price ever recorded too. Right now, the DeFi market is growing at an astronomical level and Synthetix expanded as a decentralized exchange where it is possible for users to exchange the assets that they have for a lower fee and a faster transaction time. When traders use a centralized platform, the transaction fees tend to be high as well. With Synthetix, things become easier. It is very easy for people to trade their assets in a very easy way, but there are a lot of other reasons to be bullish about Synthetix. First of all, the meteoric growth is a huge sign. Synthetix have found a way to try and offer cheaper, better and faster services when compared to the more traditional companies. This helped them to facilitate a virtual currency surge. Leveraged trading is also ideal for traders who want to try and capitalize on a bigger exposure to the financial market.

Bitcoin SV

Even though Bitcoin SV is a relatively new coin, it is important to know that right now, it’s doing well. Even though the BSV price has remained quite stable over the last couple of months, it has since entered a bull market. The coronavirus market crash drove down the price a little while ago but since then the coin has been able to recover a lot of its losses. It looks like this coin in particular is going to take advantage of a big bull run, and it is not at all surprising when you look at how much it has bounced back. If you want to take advantage of this big bull run, then one thing that you can do is invest right now. If you do, then you should see a big return in your profit and you should also see a lot of growth potential for the future.

Toon Finance

Toon Finance is yet another currency that is experiencing a bullish run. The Tamadoge coin is a currency that is under development and the team behind it are working to try and create a decentralized platform so that people can buy, sell, and even trade their assets. The development team are also making it completely open so that applications can be created and sold. 

The Tamadoge coin has a lot of potential but interestingly enough, it seems that users are rushing to Toon Finance. It is Toon Finance’s aim to try and become the next big thing. If you are familiar with their strategy, then you will know that this coin is completely driven by the community and that it is said to be the next big thing on the ETH network as well. Snoop Dogg has chosen to jump on the NFT train, and he has also gone as far as to release his own NFT project. 

This has helped to spur interest in the sector, and it has also contributed to various bull runs for cheaper currencies. When you combine this with the fact that Toon Finance are now breaking away from the presale phase, you will see that it is becoming one of the hottest projects of the year. They have also gone on to release a sister project known as Toonies. 

This is going to be air dropped to the very first 10,000 members of the community. The fact that this currency has so much potential comes largely down to it being focused on the people. It is very investor-friendly, and it is showing that it has a lot of potential. Even though it may be classed as being a meme coin, and on top of that, it only hit the market a few months ago, it is safe to say that it is now ranking way above the other coins in the industry.

If you want to make sure that you generate a solid income or if you want to make solid investment decisions, then this is one coin that you will not want to overlook, especially given the current bull run that it is experiencing.