The entire crypto market has turned bearish, pushing several top cryptos’ prices down, including Bitcoin (BCT) and Ethereum (ETH). However, the Bitget Token (BGB) price decoupled from the market as it registered promising gains in the last 24 hours. To be price, the BGB pricer surged by nearly 8% in the last 24 hours, pushing its value to $5 with a market capitalization of over $6 billion.
These 3 Cryptos Can Follow Bitget Token Price Action
Though Bitget price action looks promising, it isn’t the only token that has the potential to surge. Ergo, let’s take a look at the other top cryptos, which can mirror Bitget token’s price action in the days to follow.
Polygon (POL)
Unlike Bitget Token price, Polygon price recently has been not moving in investors’ favor of late, but the scenario might change soon. Santiment’s data revealed that investors chose to buy the dip. This was evident from the share decline in it supply on exchanges. Meanwhile, its supply outside of exchanges rose during the same period.
This clearly meant that buying pressure is rising. Whenever buying activity rises amidst a price dip, it indicates that the chances of a bullish trend reversal are high.
DexBoss (DEBO)
While Bitget price surges, DexBoss (DEBO) has set an initial price of $0.01 per token for its presale. The token, which is scheduled to IPO for $0.0505, intends to improve the DeFi environment by incorporating centralized exchange functions into its decentralized platform. In order to create scarcity and potential value for its clients, the project employs a deflationary strategy using the buyback-and-burn method.
DexBoss presents itself as a competitive cryptocurrency trading option for individuals looking for chances in decentralized finance because of its restricted supply and anticipated increase in demand. The project’s objective of maintaining investor interest over time is supported by this methodology. Therefore, there’s a significant chance that DEBO will behave similarly to the Pepe currency price in the coming days.
Maker (MKR)
Maker (MKR) price did follow Bitget price action as it pumped by 4% in the last 24 hours. In fact, over the past seven days, MKR price spiked by more than 55%, making it trade at $1,519 with a market capitalization of over $1.29 billion.
The good news is that after a steep decline, the token’s weighted sentiment once again entered the positive zone. This meant that bullish sentiment around the token is rising, which can help sustain Maker price’s latest bull run in the coming days.
Conclusion
Bitget price surged 8% to $5, showcasing strong momentum despite the bearish market. While Polygon, DexBoss, and Maker exhibit potential, their price action remains to be seen. If market conditions align, these cryptos could follow Bitget’s lead, offering investors promising opportunities in the near future.
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