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Cryptocurrencies to watch for the last weekend of January 28-29

Cryptocurrencies to watch for the last weekend of January 28-29

The new year has started with a note of bullish optimism for the majority of the cryptocurrency market, as most of its digital assets began recording positive results on charts across multiple timelines, some showing more potential for the near future than others.

With this in mind, Finbold has analyzed the recent achievements and developments surrounding some of the best-performing crypto assets to arrive at the list of four that investors should keep an eye out for during the final weekend of the month of January.

Polygon (MATIC)

Upon the news of its teaming up with crypto custodian BitGo and blockchain analytics platform Arkham Intelligence, Polygon (MATIC) continued its climb, soaring 8% on the day, and at the time of publication changing hands at the price of $1.08, strengthening this way its weekly and monthly gains.

Specifically, Polygon has also recorded an accumulated increase of 14.54% across the previous seven days, as well as 37.63% compared to 30 days before, showing it certainly has more in store, according to the most recent data retrieved by Finbold on January 27.

Polygon 30-day price chart. Source: Finbold

VeChain (VET)

After VeChain (VET) recently partnered with the United Nations (UN) to improve sustainability, the development was followed by an immediate jump of its coin’s price, which is currently trading at the price of $0.02384, up 2.95% on the day, 18.33% across the week, and 53.36% over the previous 30 days.

Specifically, the VeChain Foundation has announced the use of its public, fully programmable Ethereum Virtual Machine (EVM)-compatible Layer 1 VeChain blockchain to help the UN achieve its 17 sustainable development goals (SDGs), demonstrating the network’s real-world utility.

VeChain 30-day price chart. Source: Finbold

Threshold (T)

Despite Threshold (T) recording a decline on the day, the little-known altcoin built on the Ethereum (ETH) network has made strides on its weekly and monthly charts, racing 146% across the week, and as much as 257% over the month, boosted by the news of a merger of NuCypher (NU) and Keep Network (KEEP) to revive Threshold.

Indeed, the native token of the project, which aims to provide different threshold cryptography solutions in a fully decentralized manner to the Web3 community and unlock greater utility for cryptocurrencies, was at press time changing hands at the price of $0.05385, its previous advances making it worthwhile to keep an eye out in the near future.

Threshold 30-day price chart. Source: Finbold

Aptos (APT)

At the same time, the token of another less-known and relatively new project, Aptos (APT), has advanced 125% over the previous seven days, as well as making a monthly gain of 439%, currently trading at the price of $17.83, which is impressive as just one month ago, it was worth less than $4.

Although it has dropped about 4.3% on the day, the independent Proof-of-Stake (PoS) Layer 1 project that aims to deliver the safest and most scalable Layer 1 blockchain in the world, has captured the attention of the public with a research thread by Binance, highlighting all the developments taking place on it.

Aptos 30-day price chart. Source: Finbold

Notwithstanding the fact that things can change in the crypto sector on an hourly basis, the aforementioned cryptocurrencies are among the most promising to invest in the near future and should be a safe bet for the final weekend of the first month of 2023, and possibly even in the months to come.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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