Welcome back,
Few days back I shared about how the market started to crash and I also shared about the levels where the market can reach, and sadly the market is already there. The good thing is that if you are someone who was looking to invest into the market, this is the time to start your DCA. Or if you are someone who was already invested in the market, you can increase your position and perform DCA on some good tokens.
In this blog, I am going to share my top 3 tokens that I invested in yesterday after the market crashed, and I am looking forward to seeing them perform really well in the upcoming weeks. I am also going to share the target for all those tokens that I have set. Remember that I am not your financial advisor, so make sure to do your own research as well so that you don’t end up regretting the decisions you take.
1) SUI
The very first token that I bought is SUI. Now this is the token which I have missed since the very beginning. I saw it in 2023 and I think it was trading below $0.50 at that time, and a lot of videos came to the internet about the platform. But I am someone who only invests after my own research, so the reason I didn’t invest in SUI before was no proper research on the project by me.
Later, I realized that it is one of the best-performing projects in this cycle and I have missed that token time after time. But this time, after it fell by almost 33%, I bought it at $3.06, and my target for this token is 30–40% in short term and around 70–100% in long term.
2) ENA
The second token which I invested in is ENA, and this is the token we also included in our test portfolio a few weeks back when we started testing different tokens. I think it is one of the strongest projects after Ethereum Finance and that is why I have invested a little more money in ENA.
It is already 10% up from yesterday and that is really amazing. While most of the tokens that crashed are still hovering around the same price, ENA is already up by 10%. So, this is the token number 2 where I have invested my money, and my target for this token is 2x from here.
3) Phala
Lastly, I was a bit confused between two tokens, PENGU and PHA, but I actually made up my mind by investing in PHALA because it was trading below $0.09 and I think that is the golden price point for PHALA.
If you look at the technical analysis for this token, PHA has always been able to reclaim $0.10 after the massive crash in the entire crypto market. Every time PHA came below $0.10, it was able to cross $0.11–0.12 easily. So at this point, I think PHA is the token worth holding. I also bought PENGU, but not that much, very few. The majority of the tokens I bought include SUI, ENA, and PHA.
For PHA, my target is again 30–40% in short term, and in long term, it can easily go 2–3x, but I am looking to hold it only for short term because I already own PHA for long term that I bought earlier this year in January or February.
So these are the three tokens I am looking forward to. Do your own research, don’t invest in these tokens blindly. I trust these tokens because I have proper research, so do your own research and take your decision.
Thank you and happy trading everyone! 🚀