While Bitcoin doesn’t really move at just over $ 46,000, numerous altcoins are flying towards the moon. Many investors are wondering: which cryptocurrency to buy? Currently, Revain (REV), Celo (CELO) and Tezos (XTZ) are rising strongly – the coins have literally exploded overnight.
Revain (REV) pumps, but still offers cheap entry
Compared to the gains of 40% and more in other altcoins, the 7% increase in Revain (REV) seems rather modest. Here, however, it should be borne in mind: the cryptocurrency is currently trading at 0.02 dollars and is therefore far from its previous all-time high of 4.49 dollars. Analysts believe long-term success at Revain is likely, so there may now be a good opportunity to join REV. Trading volume has also increased by around 18% in the last 24 hours. Click here for our detailed Revain analysis including price forecast until 2028.
Celo (CELO) attracts buyers in droves
More than 17% Celo (CELO) was able to increase in value within the last 24 hours: from 4,60 dollars to up to 6,20 dollars, the CELO bulls were able to drive the coin.
Currently, CELO seems to have plenty of room to expand profits, as trading volumes remain high and have risen more than 165% in 24 hours. CELO is trying to move to the previous all-time high of $ 10.66. That was set just 11 days ago. Around the time, CELO also unveiled its DeFi development fund and raised $ 100 million to promote DeFi adaptation. This should also give the CELO course a boost in the medium term. Click here for our CELO forecast.
# DeFi4ThePeople aims to educate everyone across the globe and shape the future of finance. By having @AaveAave, @ SushiSwap, @ PoolTogether_, and @ CurveFinance side by side with us, we are a step closer to reaching that goal.https://t. co/TeOBWFugum pic.twitter.com/amFKcVxDZ9
– Celo 🔦 (@CeloOrg) August 31, 2021
Tezos (XTZ) increases by more than 24%
Smart contract platform Tezos (XTZ) also demonstrates tremendous strength in the current altcoin run. The coin is currently being traded massively, the volume could increase by as much as 482% within the last 24 hours. XTZ is currently trading at $ 5.85. If the rally holds, a good entry point could now emerge, because: The all-time high at $ 8.40 is still a long way off.
Given that smart contract platforms such as Solana (SOL) or Avalanche (AVAX) are currently in high demand, the XTZ rally could also see a further increase. Popular analyst Justin Bennett, for example, expects XTZ to rise to $ 10 and more in the next few weeks:
– Justin Bennett (@JustinBennettFX) September 10, 2021
The question remains: which cryptocurrency to buy? Personally, I think XTZ is well positioned in the short term to flag further gains – especially given the boom in smart contract platforms as an alternative to Ethereum. Click here for our XTZ forecast.
Buy Tezos (XTZ) Guide: How to buy TEZOS (XTZ) on eToro?
Where to buy Revain (REV), Celo (CELO) and Tezos (XTZ)? We recommend our test winner eToro. How to buy the coins there, I explain using the example of Tezos (XTZ).
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