With a particularly bullish March, the cryptocurrency sphere has demonstrated exciting moves that have seen its representative crush its all-time high (ATH), and investors are wondering which assets could help them actually make money and turn a profit during this month.
In this context, Finbold has identified several such lucrative crypto opportunities, the price of which could explode over the month and enable their holders to make an investment of as little as $10 that could easily turn into a profit of $1,000 during the month of March.
SingularityNET activity analysis. Source: Santiment
For now, the native token of the blockchain platform for creating, sharing, and monetizing AI services is changing hands at $1.20, recording a decline of 5.27% on the day but nonetheless advancing 39.45% across the week and making an even more significant gain of 297.11% on its monthly chart.
SingularityNET 30-day price chart. Source: Finbold
#2 Bitcoin (BTC)
Although Bitcoin (BTC) might seem like an obvious choice, many investors may think it is too late to go into the flagship decentralized finance (DeFi) asset at this point. However, Bitcoin still has room to go even higher, considering that its advances have not yet priced in its approaching halving event in April.
Bitcoin liquid index analysis. Source: Rekt Capital
Until then, the maiden crypto asset is trading at the price of $71,730, which suggests a modest gain of 0.15% in the last 24 hours but also an accumulated increase of 7.24% across the previous seven days, and a 49.01% advance over the past month, according to the latest charts on March 12.
Bitcoin 30-day price chart. Source: Finbold
#3 Render (RNDR)
Finally, Render (RNDR), the leading provider of decentralized GPU-based rendering and AI digital rights management solutions, has witnessed massive gains in anticipation of the largest AI technology event of the year, NVIDIA GTC 2024, which will host its CEO, with more expected in the future.
[1/4] This week’s BTN previews #GTC24, the largest AI and GPU technology event of the year.Read more to learn about breakthroughs in AI and GPU technology that are coming to GTC as well as the details of @julesurbach’s talk featuring @rendernetwork!https://t.co/J8lSTKT1Pd
— The Render Network (@rendernetwork) March 8, 2024In terms of its current price, the token seeking to establish itself as the ‘Nvidia (NASDAQ: NVDA) of crypto’ presently stands at $11.23, which represents a decrease of 7.58% on the day but a massive gain of 53.62% on its weekly chart and an even more impressive advance of 148.70% across the month.
Render 30-day price chart. Source: CoinMarketCap
Should you buy these cryptocurrencies?
All things considered, the above assets have demonstrated positive momentum and the capability to massively increase their prices in a short period of time, making them an attractive investing opportunity. That said, it is important to carry out one’s own research and weigh the risks before purchasing them.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
