No crypto trader would wish for another crypto winter. The 2022 crypto winter was so devastating to a point that it equaled the crypto winter in 2017/2018 and 2020. At the moment, many crypto enthusiasts or traders are waiting patiently for the market to revive to withdraw their holdings or dollar-cost-average them further.
Active crypto traders who may be willing to continue their activities in the crypto market will aim to trade quality and potential cryptocurrencies.
That said, three cryptocurrencies have been on the radar of crypto traders lately, and could spike if they enter a solid “buy/greed” pressure. They include ApeCoin, Rocketize Token (JATO), and Chainlink. Let’s see their comparison below.
Apecoin – New Metaverse Update Shakes Coin
ApeCoin is the utility cryptocurrency created for a metaverse called “Otherside.” The metaverse was created by Yuga Labs—the company behind Bored Apes Yacht Club and Mutant Ape Yacht Club, including CryptoPunks.
ApeCoin sparked little controversy when it outrageously spiked to nearly $10 after it was launched. Later, its price corrected to a point below what APE is currently trading at, at the time of writing. The [FTX-induced] crypto crash in the last quarter of the year also affected ApeCoin’s unit price which was already set to explode in the predicted bull season.
The developers behind ApeCoin recently announced that there will be a staking protocol on the network, to allow ApeCoin DAO members or holders to stake the coin and earn additional revenue for their loyalty. This news has contributed to the latest spiking of ApeCoin which could linger longer than predicted by its community.
Chainlink – Staking Triggers Price Spikes Like Apecoin
The organization behind Chainlink recently announced an upgrade on the network—allowing its community to stake in the latest Version 2.0.
Chainlink has been a phenomenal network in the crypto space, allowing developers to build scalable decentralized applications (dApps) that could communicate with the external world.
The latest update was received positively by the community. This triggered Chainlink to enter a “buy zone.” Many crypto enthusiasts are actively buying and staking Chainlink due to this update.
Chainlink could be on a bull trend for the time being. And this positive trend could carry Chainlink into the first half of 2023.
Rocketize Token – Continue To Surprise Meme Token Holders
Rocketize Token (JATO) is a meme cryptocurrency built on the Binance Smart Chain network. In 2022, it launched its presale marking its presence in the crypto market.
Rocketize Token will power a cross-chain liquidity pool/DEX and an NFT marketplace. Its community will receive a portion of the fees distributed on the platform.
The Rocketize Token community comprises those who actively or passively hold $JATO or Rocketize unique NFTs. The presale offers discounts to potential community members who are willing to hold Rocketize Tokens.
There are other benefits to be shared later with members of the early Rocketize community.
Find out more about Rocketize Token