News
Top 3 coins to buy during the dip
The cryptocurrency market is experiencing a sell-off, with the global market capitalization immersion 2.3% in 24 hours to 2.48 trillion dollars. With prices dropping, now could be a good time for many new investors to enter the cryptocurrency market. The latest market drop could also offer existing investors the opportunity to purchase more coins and reduce the average cost of each token they hold.
Let’s look at the three worst crypto assets bought in this dip.
Best cryptocurrencies to buy during the dip
Bitcoin:
BTC is the market leader and other assets usually follow its trajectory. The price of BTC has stopped around $65,500, falling by almost 5% in the last 14 days.
Bitcoin (BTC) is a solid cryptocurrency to own, and many analysts predict the asset will hit new highs later this year. BTC is also among the best performing assets of the last fifteen years, outperforming even the main technology stocks.
Read also: Cryptocurrency: Top 3 Coins That Can Bring Generational Wealth
BTC’s performance over the past decade and positive forecasts for its price make it a worthy asset to add to any investor’s portfolio.
Shiba Inu (SHIB):
SHIB is one of the most popular cryptocurrencies on the market. The asset has turned many early investors into multimillionaires and, in some cases, even billionaires. The popular dog-themed cryptocurrency’s incredible performance during the 2021 bull run has cemented its image as a millionaire-maker.
Read also: Cryptocurrency: Top 3 trending altcoins to watch this June
SHIB has faced a drastic drop in prices in recent days. Its price fell below the $0.00002 mark for the first time in almost two months.
Pepper (PEPE):
Pepe (PEPE) is also among the best performing cryptocurrencies of the last year. Memecoin has reached several all-time highs. The latest peak was reached in mid-May.
The price of the asset has seen a decline over the past couple of days, but many believe that once the market improves, it will rise again.