With investors continuously grappling with the question of which top crypto coins to set foot in for better returns. These altcoins have set the ball rolling as the top weekly coins:
1. BorroeFinance ($ROE)
By enabling players in the Web3 space to mint their future incomes as non-fungible tokens (NFTs), and later selling them on its marketplace for instant cash, BorroeFinance ($ROE) is changing the dynamics in this industry by lowering the barrier to entry.
As a result, BorroeFinance is emerging as one of the best cryptos to invest in based on its long-term objective of enhancing innovation in the Web3 sector by onboarding more participants.
The NFT-based marketplace is powered by artificial intelligence (AI) and blockchain technology, and this boosts BorroeFinance’s risk assessment and transparency.
BorroeFinance’s native token called $ROE is crafting a name for itself as the best cryptocurrency to buy today based on heightened adoption rates. For instance, more than 159 million $ROE tokens have been purchased in the presale.
Therefore, BorroeFinance is one of the top five weekly altcoins as it continues to stamp its authority in the Web3 industry.
2. Dogecoin (DOGE)
As a top ten cryptocurrency, Dogecoin remains the memecoin king that is continuously experiencing heightened network activity.
For instance, the number of non-zero DOGE addresses recently hit the 5 million milestone, according to IntoTheBlock data.
Source: IntoTheBlock
Therefore, this development illustrates that more players are jumping on the Dogecoin bandwagon, and this is bullish because there is a high probability of demand going up.
On the other hand, the DOGE/USDT pair continues to trade above the 50-day EMA, which is a significant support zone.
Dogecoin was up by 7.9% in the past week to hit $0.081 at the time of writing, according to CoinGecko data.
3. XRP
As XRP continues to hold the significant support level at $0.60, the fifth-largest cryptocurrency based on market cap is showing its strong resilience.
With XRP being adopted by various banks for cross-border payments, a bullish picture is being painted with some pundits suggesting that the coin might even elbow Binance Coin (BNB) to take the fourth position.
Given that the XRP/USDT pair has already exited the ranging market, bullish momentum is building up and this might push XRP’s price to the psychological price of $1.00.
Market analyst EGRAG CRYPTO recently disclosed that XRP has already formed the cup & handle pattern, as well as the Elliott Wave Theory that could play an instrumental role in thrusting the price to the $1.88 level.
4. Celestia (TIA)
Despite being the new kid on the crypto block, Celestia is making waves based on its modular blockchain approach that enhances security and scalability.
As a result, TIA recently experienced a more than 300% surge in less than a month. The TIA/USDT continues to trade above the 50-day EMA, and this coupled with strong MACD trend are bullish for the altcoin.
Source: TradingView
Therefore, Celestia should be given a keen eye as one of the top altcoins.
5. THORChain (RUNE)
Even though a bearish trend had engulfed the crypto market for the better part of this year, THORChain defied odds because its price experienced a 500% rally from lows of $0.80 to highs of $6.60.
As a result, this trend cements its status as one of the top weekly altcoins that is making a name for itself in the decentralized exchange (DEX) arena based on high trading volume.
Source:TradingView
With THORChain’s MACD trend indicator being bullish, RUNE might breach the $8.00 price level and this could see the coin hit highs of $14.00 in the near future, making it one of the altcoins to watch.
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