As the third month of 2023 approaches with a sense of sharp optimism in the cryptocurrency market, many crypto traders and investors are scanning the landscape, trying to spot which digital assets deserve attention in the coming weeks.
With that in mind, Finbold has analyzed the latest developments related to some of the most promising cryptoassets and has come up with a list of the top five cryptocurrencies to watch out for as March unfolds, in no particular order.
Thanks to its text-based ChatGPT AI platform during the wave of renewed popularity of artificial intelligence (AI) technology, SingularityNET (AGIX) has made strides at the turn of the year, expanded by other positive factors such as to launch the beta test The project’s Cardano staking portal is expected in March.
With that in mind, AGIX is trading at $0.41, which represents a modest 1.62% gain for the day and a 2.04% gain for the week, but a significant gain of 131.11% over the previous 30 days and an even more impressive year. a year-to-date (YTD) advance of 794.75%, also making it one of the top 5 AI cryptocurrencies to watch in March.
Meanwhile, Cardano (ADA) has been noted for its team’s continued efforts in network development, recently ranking first among all crypto projects in terms of weekly development activity. GitHubregistering 541 entries in the week to February 26.
At the time of publication, however, Cardano had a small loss of 0.26% on daily and 9.45 weekly charts, in addition to losing 7.24%, but maintaining year-to-date (YTD) gains of 25.51%. as it was changing hands at a price of $0.36.
Optimism (OP) has been one of the beneficiaries of the news that Coinbase launched its Layer 2 network for Ethereum (ETH) using Optimism-based technology, which has allowed the OP token to register gains for several observed periods.
In fact, thanks to the cryptocurrency exchange’s use of Optimism’s open source stack to develop its Layer 2 sidechain, the OP token has raced 217.52% since the start of the year, adding 1.67% on the day, 13.39% on the week, and 28% .86 in one month and is currently trading at $2.93.
It’s been a successful year so far for liquid token holding Ankr (ANKR), which recently announced a deal with tech giants Microsoft (NASDAQ: MSFT ) and Tencent with the goal of supporting further blockchain development and adoption.
In terms of its price, it is currently writing a modest decrease of 0.66% per day, but its growth in other periods is remarkable, including an increase of 35.32% during the week, 55.58% for the whole month, and 182.18%. changing hands at a price of $0.04.
Bringing decentralized applications (dApps) and smart contracts to Bitcoin (BTC) and allowing dApps to perform more operations than normal applications, Stacks (STX) has recently received a boost from Bitcoin Ordinal hype, flooding non-fungible tokens (NFTs) because he did sector with images, video games and other content.
At the time of publication, STX is trading at $0.92, up 22.69% over the previous 24 hours, up 55.16% over the past seven days and a whopping 209.14% for the month, up 333.65% since January 1st. , according to the latest data obtained on February 27.
All things considered, the greater success of the above cryptocurrencies will depend on the continuation of positive efforts and developments of their teams directly related to digital tokens, as well as external factors such as the general atmosphere in the cryptocurrency market and the broader macroeconomic stage.
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