Short-term crypto trading is risky, but it is one of the most favorable ways to make money. If you know how to apply the right strategy, the most important thing is to choose the right crypto assets, you can make a considerable profit, which is exactly what we are going to discuss today.

Which currencies can make investors profit in the short term? How to choose? Recommended short-term profitable currency in the currency circle

How to choose a cryptocurrency for short-term trading?

Short-term transactions involve buying cryptocurrencies and holding them for a short period of time, ranging from minutes to days. This approach is both promising, risky and time-consuming as you need to constantly monitor the market. But that's not all; you should also pay attention to the following points when choosing the right crypto assets:

• Volatility: One of the main indicators of potentially successful short-term trading is the high volatility of the currency; the higher the volatility, the greater the price volatility, which creates more opportunities for making money. In one trading day, assets may rise 100%, then fall 200%, and vice versa. Because it forms the basis for generating buying and selling signals, this factor is particularly important for strategies like scalping and intraday trading.
• Support and resistance levels: These are specific price points on the trading chart that show the activity of buyers and sellers. Support is the price level of increased demand, preventing further declines in assets. On the other hand, resistance is the point where supply starts to exceed demand, preventing asset prices from rising. These points help determine where the price may pause, reverse, or continue to move, allowing them to set a stop loss order at the appropriate time to secure profits.
• Liquidity level: Liquidity refers to the difficulty of buying and selling assets without substantial impact on prices. If you can buy and sell coins in any quantity at any time with minimal impact on the market price, the asset is considered liquid. This shows that there are enough buyers and sellers in the market willing to trade at current prices.

List of the best short-term trading cryptocurrencies

We have prepared a list of the most promising participants, which are perfect for short-term trading. The main advantage of this list is diversity; you’ll find both the tried and tested veterans and emerging projects that have unexpectedly surged over the past few weeks. Buy these crypto assets for successful short-term transactions:

• Bonk
• Avalanche
• Polygon
• FLOKI
• PEPE
• Worldcoin
• Chainlink
• Jupiter
• SUSHI

Let's take a look at them in more detail.

BONK

Bonk (BONK) is a meme coin based on the Solana blockchain that quickly gained attention with its active community and integration with a variety of DeFi, gaming and NFT platforms. Bonk is positioned as a social token in the Solana ecosystem with strong user engagement and exposure.

As a short-term investment, Bonk is favored by traders for its volatility and the potential for rapid price volatility driven by news and marketing activities. However, like most meme coins, it poses huge risks and requires careful market monitoring and quick response to changing market sentiment.

Avalanche

Avalanche (AVAX) is a high-speed platform for decentralized applications and blockchain networks known for processing thousands of transactions per second and at low fees. Unlike slower blockchains, Avalanche adopts a unique consensus mechanism, "Avalanche Consensus", which achieves high throughput and excellent scalability.

For short-term investors, Avalanche offers extremely attractive investment opportunities. The positive development of its ecosystem and the influx of new projects have driven the growth of demand for AVAX, which has directly affected its market dynamics. As network activity increases and demand for AVAX increases, the price of the token may fluctuate rapidly. This creates favorable conditions for short-term trading and profitability in a volatile market environment.

Polygon

Polygon (POL) was created to improve the scalability of Ethereum. Polygon successfully achieved this by providing a secure infrastructure for dApps and DeFi. The platform's native token POL is widely used in transactions, staking and management.

POL is expected to grow by 17% by the end of this month, indicating near-term growth opportunities. The market has generally risen recently, and technical indicators such as bay form also indicate the upward momentum. In addition, the Fear and Greed Index is currently 71, indicating good market sentiment. Therefore, buying a POL now will be a profitable decision.

FLOKI

FLOKI is a meme coin that has surpassed its original positioning to become a practical focus project and has received increasing community support. Originally launched to pay tribute to Elon Musk’s dogs, FLOKI has since gradually expanded to a wider ecosystem, including decentralized financial products, NFT integrations, and educational platforms like Floki University. The project has increased its visibility among retail investors through active promotion of global marketing activities and sponsorships.

As a short-term investment, FLOKI often benefits from hype-driven market cycles, celebrity recommendations and social media momentum. Its high volatility can create opportunities for quick profits during a bull market, but it also comes with higher risks. FLOKI's short-term potential depends mainly on market sentiment and promotion activities, so it is a currency worth paying attention to during a period of high interest in meme and trend-based assets.

PEPE

Pepe Coin (PEPE) is a meme token based on the popular internet meme “Pepe the Frog” that quickly attracted the attention of the community. The token has no traditional use scenarios, but despite this, PEPE has become one of the most popular meme tokens and is sought after by speculative traders.

Pepe Coin may be a good short-term investment for several reasons. First, analysts predict that the token will grow by up to 30% by the end of this month. Secondly, such growth is expected due to the high scores of the Fear and Greed Index, which indicates high investor confidence. Another factor is the market value of PEPE, which has entered the top 30 cryptocurrencies. All of this indicates that the asset’s popularity is increasing, so its price is likely to rise soon.

Hedera

Hedera (HBAR) is a public blockchain launched in 2019 as a decentralized service platform for enterprises and companies. The volatility, liquidity and sensitivity to news make HBAR a good choice for short-term trading.

As of December 2024, Hedera has a market capitalization of $8.4 billion and is listed on multiple exchanges, making it a highly liquid asset where traders can enter and exit positions without suffering from a significant price drop. In addition, HBAR's volatility makes it relatively easy to identify support and resistance levels, helping traders manage risks effectively.

Chainlink

Chainlink (LINK) is a decentralized oracle project that connects real-world data and blockchain technology. As one of the top 20 cryptocurrencies in market cap, LINK trades widely on major exchanges, with strong liquidity, allowing traders to execute orders efficiently with minimal slippage.

Chainlink is often at the center of news and events in the cryptocurrency space, which can lead to its price surge, providing profitable opportunities for traders. The project is increasingly expanding its use cases and partnerships (such as Sony's Soneium, ANZ, Citibank, etc.), which also drives demand for its tokens.

Emerging popular currency

The price of crypto assets is strongly influenced by world events and market trends, including statements from well-known people, policy changes, and even memes on X and Reddit. In major events, new currencies and items may appear:

• Jupiter (JUP): Because it plays a key role in the rapidly growing Solana-based decentralized finance (DeFi) ecosystem, it is positioned in short-term investment. As Solana continues to grow and more DeFi platforms adopt Jupiter protocol for efficient liquidity aggregation, demand for JUP may surge, resulting in a potential price surge in the near term. Additionally, with Solana’s popularity and online transaction volumes, Jupiter’s practicality in promoting smoother token exchanges may drive its rapid short-term growth.
• SushiSwap (SUSHI):: It provides an attractive opportunity for short-term investment due to its active participation in the booming DeFi sector. As a decentralized exchange (DEX), SushiSwap allows users to participate in earnings farming, liquidity provision and token exchange. With a strong community and regular protocol updates, SUSHI's price may fluctuate significantly, providing potential short-term trading opportunities. Additionally, with the continued momentum of the DeFi sector, SushiSwap's expanding capabilities and integration across multiple blockchains may drive large price fluctuations in the near term, making SUSHI a reliable option for short-term investors looking to take advantage of the DeFi trend.

Because the crypto market is extremely unpredictable, an asset may be suitable for short-term trading on one day and completely unsuitable on the next day. Therefore, it is crucial to always conduct your own research and be alert to the events around you.

Pay attention to high flows when choosing a currency for short-term trading

Here is the article about which currencies can make investors profit in the short term? How to choose? This is the article recommended for short-term profitable currencies in the currency circle. For more information about the summary of short-term profitable currencies, please search for previous articles on this site or continue to browse the related articles below. I hope everyone will support this site in the future!

The above is the detailed content of Which currencies can make investors profit in the short term? How to choose? Recommended short-term profitable currency in the currency circle. For more information, please follow other related articles on the PHP Chinese website!