Black Friday is not only about shopping deals or shopping discounts; also presents a good opportunity in the cryptocurrency market, for investors to seize and create substantial profits. Amid price volatility, with Bitcoin price trading between a low of $92,000 and a high of $97,000, there are strategic investments to consider for massive gains. Let’s dive into crypto to buy, showing a lot of potential for significant growth, especially for those looking to start with a modest investment.
Crypto to Buy on Black Friday to Grow Small Investment to Profit
1. Shiba Inu (SHIB): A Rising Star in the Crypto Galaxy
Shiba Inu (SHIB), commonly referred to as the “DOGE killer”, has shown strong resistance by soaring in value by 3.59% of the past day to settle near $0.00002556. These positive performance was also witnessed last week and month, where the dog-themed meme coin rose by 5.8% and 40%, respectively. SHIB has boasts a market value of $15.06 billion, a trading volume of nearly $1.05.
Originally, Shiba Inu was just a meme token, but has progressed into offering real use cases . It allows users to swap, stake and earn rewards through its ShibaSwap, a decentralized exchange (DEX). By also participating in blockchain gaming and NFTs, SHIB’s position is strengthened as a crypto to buy on Black Friday.
Over the last 24 hours, nearly 50 million SHIB tokens have been burned, a strategy that is predicted to raise scarcity and the value of Shiba Inu over-time.
Crypto analysts predict Shiba Inu price rise to $0.00012 in the short term, ultimately climbing to $0.0002, leading to a market cap exceeding $100 billion. The increase in SHIB trading pairs on Binance, such as SHIB/USDC, strengthens its liquidity and attractiveness to investors, as a crypto to buy this Black Friday
2. Minotaurus (MTAUR): Presale Offers 70% Markdown on Tokens
Minotaurus (MTAUR) offers a unique opportunity through its ongoing presale, where tokens are priced at 0.00006001 USDT, reflecting a 70% markdown from its listing price of 0.00020 USDT. Early participants who entered at 0.000040 USDT have already seen notable progress.
MTAUR serves as the backbone of the Minotaurus gaming ecosystem, powering exclusive game features and enabling advanced progression opportunities. Additional incentives include token bonuses via referrals and extended vesting periods. The project’s security credentials are reinforced through smart contract audits by SolidProof and Coinsult.
Amid the casual gaming market’s projected $15 billion valuation with a 9% annual growth rate, the presale is reportedly gaining momentum. Backed by a 100,000 USDT giveaway initiative, MTAUR positions itself as a crypto to buy this Black Friday.
3. Dogecoin (DOGE): Crypto to Buy Aiming for $1
Dogecoin, the pioneering meme coin, is also appearing on our list of crypto to buy this Black Friday season. Trading at $0.4025, Dogecoin has experienced a 1.47% increase in the past day, with a massive 144.15% gain in trading volume over the last month. Its market cap of $59.16 billion reflects its continued relevance as a top-tier cryptocurrency.
Dogecoin’s price saw a spike following Elon Musk recent tweets of Department of Government Efficiency (D.O.G.E), with crypto fans associating with DOGE memecoin.” The Dogecoin Foundation “Dogebox” initiative, aimed at onboarding one million retailers to accept DOGE, underscores its push for global adoption.
Technical analysis shows that Dogecoin price is positioned within a bullish ascending triangle pattern. Analysts are optimistic that DOGE will hit $0.58 in the short-term, potentially reaching $1 by end of 2024. Musk’s influence, combined with the Dogecoin Foundation’s developments, ensures continued interest in DOGE.
Final Thoughts
Investors looking to leverage the Black Friday buzz should consider diversifying across these tokens, balancing high-risk, high-reward options like MTAUR with the stability of DOGE and SHIB. As always, thorough research and strategic timing are key to maximizing returns.
Frequently Asked Questions (FAQs)
Black Friday often sees market volatility, providing strategic opportunities for investors to buy at lower prices.
SHIB has shown consistent growth and innovation, with expanding use cases in DeFi, NFTs, and gaming ecosystems.
Minotaurus offers significant early-bird discounts and powers a growing gaming ecosystem backed by audited smart contracts.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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