• Cryptocurrencies are still doing well in the first few weeks of 2023, with many people looking for reliable digital assets to invest in.
• For the final week of January, we have picked the top 5 cryptos that have a strong potential to maintain their double-digit gains as the month wraps up.
• Bitcoin (BTC), OKB (OKB), Ethereum (ETH), Litecoin (LTC), and Polkadot (DOT) have all amassed a total of 100% increase in the last week.
The cryptocurrency industry is still going strong in the first few weeks of 2023, and it comes as no surprise that many people are seeking out reliable digital assets to invest in. As the final week of January wraps up, we have picked five cryptos that have a strong potential to maintain their double-digit gains.
Bitcoin (BTC) is the alpha crypto, leading our list this week. The top crypto has enjoyed a significant price increase since the beginning of the year, leading many market analysts to feel optimistic about its price potential for the upcoming months. At the time of writing, Bitcoin is nearing the $23K mark with a price of $22,915, up 10.0% in the last week. The leading cryptocurrency by market capitalization has not closed above $23,000 since August, but is still a considerable distance from its record-setting end-of-day high of over $67,000 in 2021.
OKB (OKB) is an ERC-20 token owned by the OK Blockchain Foundation, and is the native cryptocurrency of OKEx, one of the largest crypto exchanges in the world. OKEx is now ranked third in terms of liquidity, fourth in terms of trading volume, and offers a wide range of crypto-related products and services. The OKB token has seen a huge price growth in the last week, rising by 20.9% in the last seven days and hitting a new all-time high of $3.76.
Ethereum (ETH) is the second-largest cryptocurrency by market capitalization and has been one of the best-performing digital assets this year. In the last week, the price of ETH has increased by 16.8%, reaching a new all-time high of $1,741. Ethereum is currently the leading platform for decentralized applications and smart contracts and is growing in popularity as more people are recognizing its potential to revolutionize the industry.
Litecoin (LTC) is the sixth-largest cryptocurrency by market capitalization and has been one of the best performers in 2021 so far. In the last week, Litecoin has seen a price increase of 15.3%, rising to a new all-time high of $220. Litecoin is often referred to as the silver to Bitcoin’s gold, and its increased adoption has resulted in a surge in its price.
Polkadot (DOT) has been one of the most popular cryptocurrencies of 2021, and its price has skyrocketed in the last week, increasing by a whopping 55.3%. Polkadot is a blockchain platform that enables users to easily transfer data and assets across different blockchains. Its interoperability and scalability capabilities have made it one of the most sought-after digital assets of 2021.
These five cryptocurrencies have all seen a total of 100% increase in the last week, and their strong momentum is expected to continue in the weeks and months ahead. With the cryptocurrency industry growing in popularity and more people looking to diversify their portfolios, these cryptos remain great investments for both short-term and long-term traders.