The cryptocurrency market shows signs of recovery and many experts are focused on the leading trending cryptocurrencies that could lead the next upward movement.
BlockDAG (BDAG)
BlockDAG is turning heads, raising over $357 million in its presale, showcasing more than 24.6 billion BDAG coins sold. The project already fulfills essential functions with over 2.5 million users mining BDAG using the X1 app, while 18,800 X10 hardware miners are employed to boost daily rewards. The network operates on a hybrid Proof-of-Work and DAG model, promoting scalability and decentralization.
Monero (XMR)
Monero continues to hold its position despite regulatory hurdles. Currently trading in the 322-325 dollar range after a recent volume drop, there is optimism around XMR as a rounded bottom pattern is visible on the chart, potentially leading to a breakout toward 417 dollars if resistance zones are crossed. Analysts highlight steady user engagement and demand for this asset.
AAVE and FET
AAVE shows signs of recovery, once again making it onto the list of cryptocurrencies worth watching. It trades around 297-298 dollars following a successful bounce from a 280 dollar support level. FET, formerly known as Fetch.ai, trades between 0.732-0.736 dollars and holds a strong position among AI cryptocurrencies thanks to its alliances.
These cryptocurrencies indicate diverse prospects and potential for future growth. BlockDAG stands out for its active mining system, Monero attracts attention for its privacy payment solutions, AAVE strengthens its foothold in DeFi, and FET uniquely combines AI with blockchain in a multi-project alliance.
