The 3 types of encryption currencies worth buying during the current market downturn
1. Ripple (XRP) Over the past few months, Ripple's XRP token has been one of the most prominent encryption currencies. At the beginning of this year, this asset successfully broke through the $3 mark for the first time since its launch seven years ago. The market generally expects that an XRP exchange-traded open-end index fund (ETF) is likely to be approved at some point this year. In view of this, the current lower price may provide many investors with an excellent entry point. 2. Solana (SOL) Since reaching a low point in 2022, SOL's market performance has improved significantly. Over the past few weeks, the price of this asset has undergone a substantial adjustment. Market expectations are that this year, SOL is expected to welcome a trading open-end index fund (ETF). Once the U.S. Securities and Exchange Commission approves the spot SOL ETF, the cryptocurrency price is highly likely to climb to new highs. 3. Shiba Inu (SHIB) SHIB has always been popular in the encryption currency market. Currently, its price has fallen to the lowest level in nearly seven months. However, the current low price may bring significant profits in the future. #加密市场进入熊市了吗
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The 3 types of encryption currencies worth buying during the current market downturn
1. Ripple (XRP)
Over the past few months, Ripple's XRP token has been one of the most prominent encryption currencies. At the beginning of this year, this asset successfully broke through the $3 mark for the first time since its launch seven years ago. The market generally expects that an XRP exchange-traded open-end index fund (ETF) is likely to be approved at some point this year. In view of this, the current lower price may provide many investors with an excellent entry point.
2. Solana (SOL)
Since reaching a low point in 2022, SOL's market performance has improved significantly. Over the past few weeks, the price of this asset has undergone a substantial adjustment. Market expectations are that this year, SOL is expected to welcome a trading open-end index fund (ETF). Once the U.S. Securities and Exchange Commission approves the spot SOL ETF, the cryptocurrency price is highly likely to climb to new highs.
3. Shiba Inu (SHIB)
SHIB has always been popular in the encryption currency market. Currently, its price has fallen to the lowest level in nearly seven months. However, the current low price may bring significant profits in the future.
#加密市场进入熊市了吗