cryptocurrency The market experienced a major rally that brought it close to the highs of 2021. The recent rally appears to be driven by increased interest in spot Bitcoin (BTC) ETF products, which the US Securities and Exchange Commission (SEC) approved in January of this year. This shows that investor sentiment has reached the highest level since the 2021 bull run.
As we reported as Koinfinans.com, however, there are three assets that stand out where you can potentially earn a 30% profit this month.
Ethereum (ETH)
Ethereum, is the second largest cryptocurrency by market cap. Following in the footsteps of BTC, ETH has experienced a significant price increase over the past few weeks, rising almost 16% on weekly charts and more than 66% over the previous month.
Additionally, ETH has retreated approximately 19.7% from its all-time high reached in November 2021. This month, there is a possibility that ETH will reclaim that peak. In this case, investors can gain up to 30%.
Dogecoin (DOGE)
dogecoin (DOGE), also known as the original meme coin, has experienced a significant price increase over the past few weeks. The asset is up almost 39% on weekly charts and more than 111% over the previous month.
DOGE has the potential to continue this rise, and if it shows a similar performance by the end of this month, investors could stand to gain 30%.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is one of the most popular cryptocurrencies on the market. Additionally, the asset was one of the best-performing cryptocurrencies last week. SHIB’s price increased by 168% on weekly charts and 286.7% compared to the previous month.
Like DOGE, SHIB may continue this uptrend and reach a two-year high within this month. If the asset continues its current trend, investors could realize a 30% gain.
