Top 3 Coins Worth Considering in April 2022
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- Research and development costs were $48 million in 2021 for the ETH Foundation.
- Avalanche has been up 4.20% in the last 24 hours.
Let us take a look at the top 3 coins worth investing in April 2022.
Bitcoin (BTC)
Midway through its three-month price range, Bitcoin (BTC) was back over $40,000. However, ahead of $43,500, the cryptocurrency’s price may be held back by early opposition. Around this writing, Bitcoin was trading at $41,200, up 3% in the last 24 hours. This is a recurrence of the price decline that followed an overbought RSI on intraday charts at the end of March.
According to CMC, the Bitcoin price today is $41,265.78 USD with a 24-hour trading volume of $28,982,401,355 USD. Bitcoin has been up 3.18% in the last 24 hours.
Ethereum (ETH)
It has been revealed that the Ethereum Foundation, the firm that runs the Ethereum (ETH-USD) network, has a cash reserve of around $1.6 billion as of March 31. To be more specific, it has $1.3 Billion worth of Ether (ETH-USD), or 0.297 percent of the entire supply. Additionally, just 0.7% of its total holdings were held in non-BTC cryptocurrencies. Research and development costs were $48 million in 2021 for the corporation. Ether has already advanced its transition to Proof-of-Stake after announcing its shadow fork (April 11).
According to CMC, the Ethereum price today is $3,093.07 USD, with a 24-hour trading volume of $16,090,746,495 USD. Ethereum is up 4.08% in the last 24 hours.
Avalanche (AVAX)
After the recent decline, buyers needed to make up lost ground on the charts. After breaking down from the rising wedge, Avalanche (AVAX) lost a significant amount of value. Around the $80 level, the price seemed to return to a critical position where numerous supports were converging. For a short time, AVAX may be able to rebound from the $74 level thanks to the support provided by various convergences of levels.
According to CMC, the Avalanche price today is $79.26 USD with a 24-hour trading volume of $630,291,388 USD. Avalanche has been up 4.20% in the last 24 hours.
Cryptocurrency