• Cryptocurrencies continue to do well in the first few weeks of 2023, prompting many to look for reliable digital assets to invest in.
• For the final week of January, five top cryptos have been identified that have a strong potential to maintain their double-digit gains as the month wraps up.
• Bitcoin (BTC), OKB (OKB), Aave (AAVE), Ethereum (ETH), and Polkadot (DOT) have all accumulated a total of 100% increase in the last week.
The cryptocurrency market is still going strong in the first few weeks of 2023, giving investors and traders alike an opportunity to find reliable digital assets to invest in. As the month of January comes to a close, many are looking for cryptos that can offer a good return on their investments and sustain the double-digit gains they have enjoyed recently.
After monitoring the market, here are five cryptos with the potential to maintain their upward trajectory in the final week of the month:
Bitcoin (BTC) – Market Cap: $441 Billion
Bitcoin has been the talk of the town as of late, with the leading crypto flexing its muscles and topping the list of our five top cryptos for this week. Since the beginning of the year, the top crypto has enjoyed a significant price increase, leaving many market analysts feeling hopeful about the potential for Bitcoin in the months ahead. As of writing, Bitcoin is just shy of the $23,000 mark with a price of $22,915, having gained 10.0% in the last seven days. Despite the impressive gain, it is still a considerable distance away from its record-setting end-of-day high of over $67,000 in 2021.
OKB (OKB) – Market Cap: $8.9 Billion
OKB is an ERC-20 token owned by the OK Blockchain Foundation and is the native cryptocurrency of OKEx, one of the largest crypto exchanges in the world. OKEx is currently ranked third in terms of liquidity, fourth in terms of trading volume, and offers hundreds of trading pairs for users. OKB has seen a lot of success in the last week, as the token has risen by a total of 20.4% to reach $25.45.
Aave (AAVE) – Market Cap: $6.9 Billion
Aave is an Ethereum-based DeFi protocol that allows users to borrow, lend, and earn interest on their digital assets. The token has seen a huge surge in the last week, with its price increasing by a total of 16.2% to reach $382.9. This has pushed Aave’s market cap to over $6.9 billion and cemented its position as the fourth-largest DeFi project by market value.
Ethereum (ETH) – Market Cap: $284 Billion
Ethereum has been one of the most bullish cryptos in the last week, enjoying gains of over 20%. At the time of writing, ETH is trading at $1,220.2, up 20.6% in the last seven days. The second-largest crypto by market cap has been one of the most profitable investments of 2021 and is likely to remain so in the coming weeks.
Polkadot (DOT) – Market Cap: $32.5 Billion
Polkadot, the fifth-largest crypto by market cap, is also one of the most promising projects of 2021. The token has skyrocketed in the last week, with its price increasing by a total of 23.9% to reach $24.8. This has pushed the Polkadot’s market value to over $32.5 billion and made it the third-largest DeFi project by market capitalization.
These five cryptos have all enjoyed considerable price increases in the last week and are poised to remain profitable investments for the rest of the month. Investors should keep an eye on these digital assets as the month draws to a close, as they could potentially offer great returns in the coming weeks.