{"id":3901,"date":"2021-05-25T15:07:40","date_gmt":"2021-05-25T13:07:40","guid":{"rendered":"https:\/\/walloftraders.com\/blog\/?p=3901"},"modified":"2023-08-02T16:14:27","modified_gmt":"2023-08-02T15:14:27","slug":"crypto-to-buy-this-week","status":"publish","type":"post","link":"https:\/\/walloftraders.com\/blog\/en\/crypto-to-buy-this-week\/","title":{"rendered":"Crypto to buy this week"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/walloftraders.com\/blog\/en\/crypto-to-buy-this-week\/#Thinking_of_venturing_into_crypto_Here_are_some_options\" >Thinking of venturing into crypto? Here are some options<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/walloftraders.com\/blog\/en\/crypto-to-buy-this-week\/#Bitcoin\" >Bitcoin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/walloftraders.com\/blog\/en\/crypto-to-buy-this-week\/#ADA\" >ADA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/walloftraders.com\/blog\/en\/crypto-to-buy-this-week\/#Ethereum\" >Ethereum<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/walloftraders.com\/blog\/en\/crypto-to-buy-this-week\/#Dogecoin\" >Dogecoin<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"thinking-of-venturing-into-crypto-here-are-some-options\"><span class=\"ez-toc-section\" id=\"Thinking_of_venturing_into_crypto_Here_are_some_options\"><\/span>Thinking of venturing into crypto? Here are some options<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Crypto to buy this week &#8211; The crypto world has faced a huge downtrend for the past week<strong>. <a href=\"https:\/\/bitcoin.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin <\/a>has taken the lead in the price decline<\/strong>. Bitcoin lost grip of its price after hitting an all-time high of $64,000 before it went to crash to over half the new high as of Sunday 23rd.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"450\" height=\"300\" src=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/eamesbot190600104.jpg\" alt=\"Crypto to buy this week : Thinking of venturing into crypto? Here are some options\" class=\"wp-image-3906\" srcset=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/eamesbot190600104.jpg 450w, https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/eamesbot190600104-300x200.jpg 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n\n<p>Ethereum was the \u201ccool\u201d one when Bitcoin was on a retracement for a couple of weeks as its price kept on rising.&nbsp;<a href=\"https:\/\/walloftraders.com\/blog\/en\/bitcoin-dips-as-ethereum-rallies\/#more-3594\" target=\"_blank\" rel=\"noreferrer noopener\">Ethereum was making news highs<\/a>&nbsp;for over 2 weeks when Bitcoin was in misery. It all came to a stop when the prices started to retrace against Ethereum. Later Ethereum was down by something close to 60% of the new of $4,200 to $1,794.<\/p>\n\n\n\n<p><strong>Altcoins were also affected by the massive downtrend in the prices<\/strong>. Dogecoin which was up to 72 cents went down to 25 cents. Cardano\u2019s ADA and Binance BNB also made significant losses. It was an&nbsp;<a href=\"https:\/\/walloftraders.com\/blog\/en\/all-red-crypto-cry\/\" target=\"_blank\" rel=\"noreferrer noopener\">all-red affair<\/a>&nbsp;on the crypto market.<\/p>\n\n\n\n<p>Now that prices are recovering which is the best crypto to invest in?<\/p>\n\n\n\n<p>It is important to realise that cryptocurrencies are volatile and move with speculation. Therefore, investors should be cautious. With that in mind, look at <strong>the cryptocurrencies that have come to a better position in terms of affordability.<\/strong><\/p>\n\n\n\n<p>The prices are volatile but trying to look at the figures not from a get rich quick point of view, but how things may take a good turn to be profitable after a moment of HODLing. This depends on the investor\u2019s reason and goals for putting money into crypto.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Here are the crypto to buy this week:<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"bitcoin\"><span class=\"ez-toc-section\" id=\"Bitcoin\"><\/span>Bitcoin<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"450\" height=\"300\" src=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/parilovv170900027.jpg\" alt=\"Crypto to buy this week : Bitcoin\" class=\"wp-image-3902\" srcset=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/parilovv170900027.jpg 450w, https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/parilovv170900027-300x200.jpg 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n\n<p>Bitcoin is a Crypto to buy this week, undisputedly top of the list in the crypto market and it has proved that it can survive hard times. After retracing for almost a month, Bitcoin is looking bright. It went to as low as $31,000 and analysts saw support at $30,000. Bitcoin has broken the prices and is rallying to over $37,000. Bitcoin has made an over 10% gain in the last 24 hours.<\/p>\n\n\n\n<p>Elon Musk tweeted on Monday that there is a <strong>promising renewable usage for Bitcoin mining energy. <\/strong>Bitcoin miners will form a council that will look at the transparency and sustainability in mining Bitcoin energy usage. Elon Musk, CEO of Tesla had announced the discontinuity of accepting payments in form of cryptocurrency. A sell-off occurred after the tweet. Musk&#8217;s tweets and the <strong>formation of a council to look at the Bitcoin mining energy concerns<\/strong> is already pushing the numbers up.<\/p>\n\n\n\n<p>Furthermore, Bitcoin price is now lower. One can buy a percentage smoothly. When the price was $64,000 it was relatively expensive for a small scale buyer. Also, <strong>the last high is known so you know where the price is aiming.<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading alignwide\" id=\"ada\"><span class=\"ez-toc-section\" id=\"ADA\"><\/span>      ADA<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"450\" height=\"300\" src=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/akaratphasura180700157.jpg\" alt=\"Crypto to buy this week : ADA\" class=\"wp-image-3903\" srcset=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/akaratphasura180700157.jpg 450w, https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/akaratphasura180700157-300x200.jpg 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n\n<p>The Cardano native coin comes second on the list. <strong>ADA went down by 50% in one week<\/strong>. The price took a sharp decline from $2.13 to $1.1. With less than $100 one can buy a good number of coins. This is good for HODLers who will not be in a hurry to cash out. A larger amount may lead to good profits if the trend aims at the last new high.<\/p>\n\n\n\n<p>Another important point, ADA is rarely mentioned by many people so it is relatively volatile compared to other coins.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"ethereum\"><span class=\"ez-toc-section\" id=\"Ethereum\"><\/span>Ethereum<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"292\" src=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/backyardproduction170600113-1.jpg\" alt=\"\" class=\"wp-image-3904\" srcset=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/backyardproduction170600113-1.jpg 450w, https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/backyardproduction170600113-1-300x195.jpg 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n\n<p>Ethereum has proven itself. Being the second largest on the crypto market, Ethereum in the few weeks <strong>when Bitcoin was on a retracement, was pulling higher revenues through fees<\/strong> than any other cryptocurrency. The co-founder Vitalik Buterin is devoted to its growth.<\/p>\n\n\n\n<p>Vitalik Buterin is patient and knows how to go about it. He replied to <strong>Musk&#8217;s idea to increase block size an idea that can work with Dogecoin and maybe other coins<\/strong>. He takes the decentralised nature and security of the blockchain to be key than any other thing. Vitalik Buterin would rather have a certain number of transactions done in a given period than have many insecure and centralised ones.\u00a0\u00a0<\/p>\n\n\n\n<p>The price of Ethereum was down by over 50% from its last new highs. The price is slowly going up and it is more affordable now than it was at its peak.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"dogecoin\"><span class=\"ez-toc-section\" id=\"Dogecoin\"><\/span>Dogecoin<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"450\" src=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/andreyo412181000088.jpg\" alt=\"\" class=\"wp-image-3905\" srcset=\"https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/andreyo412181000088.jpg 450w, https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/andreyo412181000088-300x300.jpg 300w, https:\/\/walloftraders.com\/blog\/wp-content\/uploads\/2021\/05\/andreyo412181000088-150x150.jpg 150w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n\n<p>The Shiba-Inu meme coin is worth your money. It went from 70 cents to 25 cents and <strong>Elon Musk, the man who almost controls Dogecoin<\/strong>, also the self-proclaimed founder has been sending positive tweets about moving from Bitcoin to Dogecoin.<\/p>\n\n\n\n<p>The price is now below 40 cents. One can acquire as many as possible and wait for the price to aim at the last high which was 72 cents and the $1 that has been anticipated for a while. However, Dogecoin is very speculative and currently facing competition from Shiba-Inu Token. What makes Dogecoin lucrative this week is: it aiming higher. Furthermore, the doge army has stayed on the price for longer and it\u2019s time to move.<\/p>\n\n\n\n<p>All things considered, the crypto market is looking bright. <strong>All altcoins are likely to take an uptrend this week.<\/strong> As a trader or investor, choose what works best for you. Consider the crypto laws and regulations in your area. Invest what you can, especially what you can comfortably lose.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"wp-block-social-warfare-social-warfare\"><div class=\"swp_social_panel swp_horizontal_panel swp_flat_fresh  swp_default_full_color swp_individual_full_color swp_other_full_color scale-100  scale-\" data-min-width=\"1100\" data-float-color=\"#ffffff\" data-float=\"none\" data-float-mobile=\"none\" data-transition=\"slide\" data-post-id=\"3901\" ><div class=\"nc_tweetContainer swp_share_button swp_twitter\" data-network=\"twitter\"><a class=\"nc_tweet swp_share_link\" rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/intent\/tweet?text=Crypto+to+buy+this+week&url=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fcrypto-to-buy-this-week%2F&via=WallOfTraders\" data-link=\"https:\/\/twitter.com\/intent\/tweet?text=Crypto+to+buy+this+week&url=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fcrypto-to-buy-this-week%2F&via=WallOfTraders\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_twitter_icon\"><\/i><span class=\"swp_share\">Tweet<\/span><\/span><\/span><\/span><\/a><\/div><div class=\"nc_tweetContainer swp_share_button swp_facebook\" data-network=\"facebook\"><a class=\"nc_tweet swp_share_link\" rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/share.php?u=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fcrypto-to-buy-this-week%2F\" data-link=\"https:\/\/www.facebook.com\/share.php?u=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fcrypto-to-buy-this-week%2F\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_facebook_icon\"><\/i><span class=\"swp_share\">Share<\/span><\/span><\/span><\/span><\/a><\/div><div class=\"nc_tweetContainer swp_share_button swp_linkedin\" data-network=\"linkedin\"><a class=\"nc_tweet swp_share_link\" rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/cws\/share?url=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fcrypto-to-buy-this-week%2F\" data-link=\"https:\/\/www.linkedin.com\/cws\/share?url=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fcrypto-to-buy-this-week%2F\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_linkedin_icon\"><\/i><span class=\"swp_share\">Share<\/span><\/span><\/span><\/span><\/a><\/div><div class=\"nc_tweetContainer swp_share_button swp_pinterest\" data-network=\"pinterest\"><a rel=\"nofollow noreferrer noopener\" class=\"nc_tweet swp_share_link noPop\" href=\"https:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fwalloftraders.com%2Fblog%2Fen%2Fcrypto-to-buy-this-week%2F\" onClick=\"event.preventDefault(); \r\n\t\t\t\t\t\t\tvar e=document.createElement('script');\r\n\t\t\t\t\t\t\te.setAttribute('type','text\/javascript');\r\n\t\t\t\t\t\t\te.setAttribute('charset','UTF-8');\r\n\t\t\t\t\t\t\te.setAttribute('src','\/\/assets.pinterest.com\/js\/pinmarklet.js?r='+Math.random()*99999999);\r\n\t\t\t\t\t\t\tdocument.body.appendChild(e);\r\n\t\t\t\t\t\t\" ><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_pinterest_icon\"><\/i><span class=\"swp_share\">Pin<\/span><\/span><\/span><\/span><\/a><\/div><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><em>This article is not investment advice. Do your own research before investing in the crypto currency market.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thinking of venturing into crypto? Here are some options Crypto to buy this week &#8211; The crypto world has faced a huge downtrend for the past week. Bitcoin has taken the lead in the price decline. Bitcoin lost grip of its price after hitting an all-time high of $64,000 before it went to crash &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Crypto to buy this week\" class=\"read-more button\" href=\"https:\/\/walloftraders.com\/blog\/en\/crypto-to-buy-this-week\/#more-3901\" aria-label=\"More on Crypto to buy this week\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":3913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[194],"tags":[],"class_list":["post-3901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","masonry-post","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto to buy this week - The Crypto Trading Blog<\/title>\n<meta name=\"description\" content=\"Crypto to buy this week : Bitcoin; 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