Last week, the cryptocurrency market, led by Bitcoin, showed a generally consolidated stance. However, investors continue to expect a significant breakout. Now we have the Bitcoin halving event that will take place in April. This fuels the expectation of a continuous rise. Investors are also looking for this. Crypto expert Justinas Baltrusaitis recommends three cryptocurrencies to be on investors’ radar this week.
First up is a meme coin: Dogecoin (DOGE)
Dogecoin (DOGE) investors are closely following the integration with X. Additionally, factors such as the increasing number of transactions point to a possible rise in DOGE valuation. Dogecoin developer Mishaboar has raised some controversy regarding DOGE’s integration into X’s payment system. This fuels speculation. While the timeline is unclear, Mishaboar hints at potential collaborations.
Additionally, analysis shows that there is an increase in the number of DOGE transactions. This indicates that investor activities are increasing and demand is rising. According to the data, the number of transactions shows a huge increase, from 1.22 billion to 9.20 billion DOGE in just 48 hours. Dogecoin investors are hopeful for another week for these developments to support the price increase.
Amid this excitement, attention is focused on whether DOGE can sustain its recent price gains. As you follow on Kriptokoin.com, the token reached one of its highest levels since December 2021. Investors are closely watching its ability to maintain this momentum. At the time of writing, DOGE was trading at $0.21, losing approximately 2.5% on the day. However, in the last seven days the token is up almost 30%.
Ripple (XRP) comes in second place
cryptokoin.comAs you follow from , XRP is entering a critical week. Among these, regulatory dynamics come to the fore. Additionally, Ripple has a token unlock event. XRP remains in a consolidated phase below the $0.70 level despite broader market trends. Cryptocurrency cannot reach this level. Ripple will unlock 1 billion tokens on April 1 as part of its token sale program. This increases concerns.
Meanwhile, there is a significant activity in whale transactions on the network. The recent transfer of 210 million XRP worth $128.9 million increases expectations regarding the movement of XRP. All these factors continue to impact XRP’s on-chain metrics and valuation. In parallel with these developments, Ripple continues its legal fight with the SEC, which demands heavy penalties against the company. Ripple’s CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty strongly criticized the SEC’s actions. They signal that any developments in the case will affect the price of XRP. At the time of writing, XRP was trading at $0.62.
The last cryptocurrency: Cardano (ADA)
Cardano has achieved a significant position through continuous network development to compete with entities such as ADA and Ethereum. Recent updates led by IOHK show that the platform has made significant progress in different areas. In particular, important efforts such as integrating the latest node version, called v.8.10.0-pre, into SanchoNet for governance tests are noteworthy. The platform’s expanding ecosystem reveals key project metrics such as 163 projects launched, 6,449 smart contracts deployed, and 88.1 million transactions processed in the week ending March 29.
Meanwhile, all eyes this week are on ADA’s potential to approach the $1 level. The network’s activity serves as a critical factor in pushing the token towards this milestone. Moreover, investors are closely watching the ability of prices to hold above the $0.6 support level. At the time of writing, ADA was trading at $0.65. The cryptocurrency gained over 4% on its weekly chart.
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