The cryptocurrency market has been booming over the past few days, with Bitcoin hitting a new all-time high, hitting the $60,000 mark.

As we know from history, the money market likes to move in cycles, so it is possible that we will see some altcoins start catching up.

Here are five cryptocurrencies worth considering this week:

Ethereum:

Ethereum has performed well over the past seven days, and there is no reason to believe that the coin will not continue to do so in the future.

Ethereum is up around 12% over the past week, and has successfully regained the $1800 pivot level.

The cryptocurrency reached a high of around $1,943 yesterday, but it has painted several consecutive red candles over the 4 hour period since then, following what most of the market is doing yesterday.

Read:Activating the BNB Burning Mechanism in the Binance Blockchain…Details Here

Which sounds like a healthy bounce, and perhaps Ethereum is poised to take a stab at the coveted $2000 level.

At the time of writing this article, Ethereum is trading at $1800, if it continues above this level, it could provide additional strength during this week.

Cardano (ADA):

Cardano has easily risen to become one of the most traded cryptocurrencies over the past month.

In February alone, the ADA cryptocurrency jumped from around $0.3 to $1.48, taking it to the third place by total market capitalization.

After reaching a historic high, the currency entered a correction and calm down, at the time of writing, it is trading around $1.04.

The ADA digital currency is one of the currencies with wide interest among retail investors, and is somewhat similar to the digital currency “Dogecoin” in terms of interest and media momentum.

We’ve seen a lot of celebrities talking about ADA, most notably rock star Gene Simmons, who said he invested $300,000 in ADA.

Anyway, now that the cryptocurrency has calmed down and as we have seen many times before, when it does move it will be in the leading positions.

Read:After the end of the “Istanbul” update of Ethereum, what effect will this have on the price of the currency?

Digital currency “SUSHI”:

The cryptocurrency SUSHI, the original coin of the decentralized trading platform “SushiSwap”, is one of the largest decentralized trading platforms.

Just a few days ago, Coinbase announced that it has included the cryptocurrency Sushi on its Coinbase Pro trading platform.

In other words, the coin continues to receive massive recognition from the major major players in the crypto space.

Data from DeFi Pulse shows that there is currently more value locked in SushiSwap than in Uniswap, which is also another important milestone to consider.

The price of the digital currency “Sushi” has increased by about 27% in the past week.

At the time of writing this article, it is trading around $21.

With previous fundamentals in mind, plus the huge support from FTX CEO Sam Bankman Fred, it looks like the coin is poised to test and possibly even break all-time highs drawn recently.

ENJ currency:

The ENJ cryptocurrency is up a whopping 88% in the past seven days and 300% in the past 30 days.

While some may think that the currency after its recent insane rally will receive a serious correction, yes it is possible.

Read:A British Bank Bans Cryptocurrency Deposits And Explains Why!

It may also continue to rise because there are some things to consider.

ENJ is at the forefront of the NFT craze.

An update will be launched.”JumpNetOn April 6, it is one of the solutions that Enjin is looking to launch to deal with the current problems facing the NFT market.

Whereas, “JumpNet” is a high-speed bridge network that allows free and instant transactions on the Enjin blockchain and allows transfers from ENJ and ERC-1155 tokens.

There is also an “Efinity” update in the pipeline in 2021, which is a NFT-supportive blockchain.

With the hype around NFT growing day by day, ENJ is poised to capitalize on it.

Looking at the chart above, the cryptocurrency is currently trading at around $2.65 and a total market capitalization of around $2.44 billion.

The ENJ coin is definitely a coin to look into further in the coming days.

ERN digital currency:

Ethernity is a relatively recent project that was hosted as an IDO on Polkastarter at the end of February.

Since then, the team has been busy working on the project.

Recently, the “OpenSea” platform, one of the most famous markets for non-fungible tokens (NFT), has experienced technical problems, this happened as a result of the boom in the movement of non-fungible tokens.

The Ethernity project aims to carve out a niche in the NFT market by providing robust and fast alternatives.

At the moment, the total market capitalization of ERN is around $100 million, so it is a relatively small project, with the big projects mentioned above, but this project may take a bigger niche in the market especially with the growth of the non-fungible digital token market .

At the time of writing this article, ERN is trading at around $23.5.

As mentioned earlier, the NFT space continues to thrive, and related projects and platforms may be affected and riding the wave.

All of the above is not investment advice or an invitation to invest in the mentioned digital currencies.

Read also:

Basics you should know before investing in cryptocurrency

DeFi coin achieves 1000% since the beginning of the new year 2021