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People in the crypto world are in their happy moments as Bitcoin and cryptocurrency are pumped. As of current prices, Bitcoin soared at a staggering $24,700 and we knew the cryptocurrency has been sitting around 21-22k for the past few days. This in return, has also pushed altcoins to pump. Ethereum, ADA, XRP, and other cryptocurrencies have surged in price. With this, the overall crypto market cap soared to $1.1 trillion. We finally broke the 1 Trillion barrier.
Could this be the start of the bull we are waiting for? I'm a little bit bullish with XRP right now as they are only waiting for the SEC issue to get resolved and then we'll see the real price of XRP. I don't know how much but I'm a little bullish on how this will turn out so I purchased a few XRPs.
On the other hand, I believe you can't just remove ADA (Cardano) to your most picked coins as ADA belonged to the top 10 coins by market cap (at $14.1 billion) and I think it will sit high once big updates are coming.
Top 10 cryptocurrencies by market cap, source: Coinmarketcap
I never want to miss the pumps on these meme coins soon, Doge and Shiba Inu. These are meme coins but if they will get integrated into platforms like Twitter, I see that it will pump more soon. One thing that I'd like to point out is that I didn't invest much in these coins, just a little that I am willing to risk.
Solana was also one of my invested coins. Not that much, but I purchased a few SOLs when it was around $20 each. I think only the FTX issue is holding Solana right now, in terms of its use case I don't see any wrong with it especially if they can resolve maintenance and node outages at times.
Hive is also what I am bullish about. If you look at my wallet, I've been powering up lately from my other investment and I plan to continue that by the end of the year. I want to be able to accumulate as much as 5-6k Hive for the year 2023.
What are your investments? Please let me know so I can take a look at it and follow too!