The bull run is ready: Three cryptocurrencies with a track record of success

 Author: GeekTop; Source: Web3 News

Do you know how the cryptocurrency super cycle works? There is a clear pattern in the past 4 cycles.

Funds move from one asset to another.

Everything always starts with Bitcoin. Once Bitcoin rises and starts to consolidate, it will turn to mainstream altcoins. Once these altcoins rise, funds will turn to small-cap stocks.

Then the cycle repeats.

Bitcoin has reached $94,000 and is now consolidating.

The chart below shows the total market capitalization of all cryptocurrencies except Bitcoin. Bitcoin has recently found support and moved further higher. It looks like it is ready to rise further.

Many believe that now is the time to prepare your portfolio as we prepare for the start of the next crypto bull run.

In this article, I will list the three major altcoins that I believe are poised for a breakout.

Remember, these are well-known names because I am picking currencies that are lesser-known but already have large market capitalizations.

This reduces risk while still offering modest returns.

Small cap tokens often make headlines for their amazing returns, but they also come with significant risk. The potential for these high returns can sometimes cause investors to overlook the volatility and uncertainty of these unproven projects.

1. Hedera Hashgraph ($HBAR)

Current Price: $0.13 Previous Price: $0.57

HBAR seems to have woken up. The price has risen by over 100% in the past two weeks.

This currency is fundamentally sound and is valued at just $4 billion (market cap), which means it has a lot of room to grow!

While getting in after a rally like this might seem like FOMO, scaling back is key.

Its previous high was $0.57 (5x difference!), and there is still huge room for growth.

2. Polkadot ($DOT)

Current Price: $5.9 Previous Price: $55

Polkadot has had a crazy run in 2021 and made a lot of life-changing money! And it will continue to exist.

The only downside is that this is an inflationary currency because the market value has grown but the price has not. This is because more coins are entering circulation.

However, I still believe that the price has bottomed and could rise to $12 from now and eventually $23 (4x).

3. Theta Token ($THETA)

Current Price: $1.65 Previous Price: $16

First let me say that I don’t believe Theta will go for an ATH unless I’m extremely lucky.

That would be a crazy 10x. Although this is common in the crypto world.

However, there are low risk high reward trades here.

Theta has been consolidating for a long time and now looks ready to break out.

My short-term targets are $4 and $6, which would still be pretty good returns.

Disclaimer: The following information does not constitute any financial advice. All content below is for educational and reference purposes only. There are significant risks in the financial markets, always do your own research before choosing to take any action.