As 2024 comes to an end, investors are taking advantage of cryptocurrencies and thus making profits. Even though this end-of-year sell-off was expected, the trend could change as 2025 arrives. The inauguration of pro-cryptocurrency leader Donald Trump as the new US president is likely to spark new optimism among market players.
Here are some cryptocurrencies to watch this week.
Bitcoin is worth watching this week as the leading cryptocurrency has already fallen 15% from its December 17 high of $108,135. However, This trend may change as the new year approaches and investors may begin to reinvest their money into it.
Currently, Bitcoin (BTC) is trading at $91,862, reflecting a 1.4% decline over the past week.
BNB, formerly known as Binance Coin, is the native cryptocurrency of Binance, the world’s largest cryptocurrency exchange by trading volume. The fifth largest cryptocurrency by market capitalization has seen downward trends over the past week. However, the situation is changing direction and investors have started betting on it.
Currently, BNB is trading at $693, reflecting a 3.3% increase over the past week.
Solana is considered a strong competitor to the Ethereum blockchain and has seen remarkable growth this year, fueled by its high-speed transaction processing and cost-effective infrastructure. Its ability to handle thousands of transactions per second has made it an attractive choice for developers and users, leading to increased activity on its network. As a result, Solana has become a popular platform for hosting decentralized applications (dApps), ranging from DeFi projects to NFT marketplaces.
Currently, Solana (SOL) is trading at $186, representing a 1% increase in a week.
Launched in October 2024, Virtuals Protocol is a leading blockchain platform for creating AI agents. AI agents are programs that process information and perform tasks to achieve specific goals. Some examples of AI agents include Apple’s Siri, ChatGPT, etc. The platform has recently gained momentum, fueled by growing interest in artificial intelligence and its growing adoption.
Currently, the Virtuals Protocol price is $3.30, which is a 30% increase from last week.
Cryptocurrency Exchange Bitget’s native cryptocurrency, Bitget Token (BGB), continues to rise in price. This is mainly because the crypto exchange has become the first wallet to introduce Solana limit order functionality, meet the challenges of market volatility. With this new feature, traders can set automated buy or sell orders at desired price levels, eliminating the need for constant market monitoring.
