Best Crypto To Purchase In December Crash

Key Takeaways

Solana has seen a monumental price rally since the FTX crash, and analysts believe there is still room for a price rally in 2025.

SUI’s growth and ecosystem play a huge role in the price rally, and it could see much growth in the bull cycle.

Memecoin remains a huge part of the crypto space as Dogecoin is tipped for its milestone target of $1.

The cryptocurrency industry is buzzing with euphoria about where the market could be headed in 2025 and beyond after witnessing Bitcoin (BTC) rally from $65,000 to a high of $108,000 before suffering a crash in December 2024 to a region of $93,000 as investors look for the best crypto to buy in this December 2024 crash.

Finding the best crypto asset to buy and hold (hodl), as the case may be, has been one of the best strategies employed by investors and whales, as they would be looking for the best crypto asset with huge potential to explode in the short or long term heading into 2025.

Despite many altcoins’ price declines in the past few weeks, leveraging this opportunity to learn about the project’s utility, technology, community, and technical strength will help traders and investors make good decisions.

Why Is Crypto Market Crashing And Will It Recover?

Source – State of The Market From Coin360

One key reason for the crypto market crash was its reaction to the Federal Reserve’s hawkish decision, which pointed to two interest rate cuts in 2025, down from four. That decision led to a financial market reaction, as there was a sharp increase in the US dollar index (DXY) and bond yields, as many were moved to sell risky assets like crypto.

Another reason is the over-leverage of assets in the cryptocurrency market, which led to the market wanting to cool off as the price of Bitcoin dropped by 10% and altcoins dropped by over 30%, creating many opportunities for those who missed out on their favorite altcoin.

Best Crypto To Buy And Hold Now

As we head into one of the most anticipated bull cycles in the coming year, let us examine some of the best crypto to invest in following this December crash.

Solana (SOL)

Source – SOL Price Chart From TradingView

Solana, a layer-1 blockchain technology, has demonstrated quite a remarkable price action and adoption in the past few months as the ecosystem, since its bearish cycle, has seen tremendous growth as dApps and memecoin community leverage on its low fees and high throughput.

Since rallying from its low of $25, the price of Solana (SOL) has gone from strength to strength. Cryptocurrency analysts are positive that the Solana project replicates the price action of Ethereum in the 2017 bull season, rallying to a high of over $1,000 from a low of $45.

An analyst speculates that the price of Solana in 2025 could reach $500 or even $1,000 as the bull market intensifies. Currently, the price of SOL could be heading to $170-$160, which will be a good area to accumulate this crypto asset.

SUI Protocol (SUI)

Source – SUI Price Chart From TradingView

SUI protocol has grown beyond the imagination of investors and crypto analysts. This crypto asset thrived during the bear market and continues to create new highs in the current bull cycle. The price of SUI has rallied from a low of $0.03 to a high of $4.95 despite the market looking uncertain.

With much volume resuming the next year, 2025, accumulating SUI within $4-$3.7 would lead to more profit return as crypto analysts have high speculations for SUI as a crypto asset with the potential to become a 4X token as the price could rally to a high of $26-$20.

Dogecoin (DOGE)

Source – DOGE Price Chart From TradingView

Dogecoin, referred to as the king of memecoin, has been in the crypto space for some time now and has been anticipated to rally to a high of $1, which would be a huge milestone for this memecoin token considering its price history in the past bull cycle as many were fan favorite.

Despite facing challenging market conditions, the DOGE army has held onto DOGE, not allowing the price to drop below $0.3. If the DOGE price holds above $0.3, we could see the price rally to a high of $1.

FAQ

Best Cryptocurrency To Invest On

Some of the high promising crypto assets in 2025 include XRP, WIF, ADA, UXLINK, COOKIE, and many more.

Which Cryptocurrency Will Explode Soon?

While we do not influence the cryptocurrency market, some high volume crypto assets that have better ROI have been listed in this article to help your portfolio.

Does Crypto Go Up Around Christmas?

Due to low volume around Christmas, the cryptocurrency market would experience range price movement or down movement as many persons would sell-off their crypto asset to cool off during the festive period.