solana Altcoins like (SOL) have become known for their ability to remain resilient even when the market turns south. At the time of writing, Solana is trading at $180. On the other hand, there are also coins that rival Solana. These assets will be examined in the rest of the news. It is believed that these assets have the power to quickly turn a $10 portfolio into $1,000. Here are those 3 crypto assets.
Dogecoin (DOGE) is among the major Solana competitors
dogecoin, has made an impressive comeback along with a broader rally in the cryptocurrency sector. This showed a revival of investor confidence in digital assets. While Bitcoin broke the $66,000 mark, Ethereum climbed above $35,000. This development showed widespread enthusiasm in the market.
After more than a year of steady trading, DOGE broke through the $0.1 barrier and reached highs above $0.2. Following this, the price entered a bearish trend, staying in a tight zone around $0.15. However, the current positive momentum in the market indicates that Dogecoin is on the verge of a significant rise.
Dogecoin has witnessed a significant increase in trading volume recently. In this context, it increased by 30% and reached 3.12 billion dollars. Dogecoin currently ranks 9th in terms of market cap. Additionally, DOGE’s value is at a strong level of $22.4 billion. This important position in the crypto market indicates the potential for further expansion, especially in the bullish phase.
Injective (INJ)
injective (INJ) is making waves in the financial world with its pioneering, transparent and interoperable first-layer blockchain. This platform is leading the way in fostering a new wave of DeFi applications. Its offerings include decentralized exchanges, prediction markets and lending protocols for spot and derivatives trading.
INJ, the native currency of the platform, is experiencing impressive growth with its new features and expanding ecosystem. Currently, Injective price stands at $38.54. Additionally, the last day indicates an increase of 5.65%. It is currently ranked 37th on CoinMarketCap and has a live market cap of $3.5 billion.
Bitcoin Cash (BCH)
Rally in the 4th quarter, BitcoinCashIt prepared for a bigger rally in the 1st quarter. This pushed the coin to new yearly highs of $530. However, the bullish theory took a temporary dive in early March as investors pocketed early profits.
BCH found relief from this temporary dive at $350, although a candle wick extended to $340 as shown on the four-hour chart.
Supported by positive sentiment in the market and Bitcoin reaching a new all-time high above $73,000, Bitcoin Cash has bounced back aggressively. But this time it rose as high as $450 before last week’s headwinds intervened, resulting in another spiral decline at $350.
However, investors looking for significant entry positions may consider purchasing BCH after the ongoing correction at $421 finds reliable support. The previous day’s $410 opening value and the upper trend line of the wedge formation will be key entry positions to consider when buying Bitcoin Cash.
