$Crypto analyst names 5 altcoins to buy for a quick profits. A Dutch cryptocurrency analyst said he expects a bullish rally in the cryptocurrency market and named five altcoins that he believes can bring investors “a few X's of profit.”
1. Optimism (OP). Here is why :
30% of the coin's market capitalization is locked in the ecosystem, so investors in OP have a high potential for significant gains. Now OP is trading at $2.45, and the analyst predicts that in the next six months the rate will grow by almost 300-800%.
2. Arbitrum
The expert called investments in Arbitrum (ARB) promising. The project recently announced the issuance of 225 million ARB coins worth about $250 million for the benefit of the Gaming Catalyst Program (GCP), which attracted investors. ARB is now at $1.13, and Popp expects the coin to grow by 250-300%.
3.WO NETWORK
WO Network (WO) has an encouraging outlook. Popp explained: as the Etherium ecosystem expands, decentralized exchanges like the WO Network could gain popularity due to increasing trading volumes. The growth of the WO rate will be between 300% and 800%, the expert believes.
4. Wormhole
The analyst also mentioned Wormhole (W), predicting that the rate of this cryptoasset will grow by 200-400%, and called the launch of solutions that increase the compatibility of blockchains important.
5. DOGECOIN
Popp did not ignore the DOGE memcoin either. Despite the fact that the exchange rate has fallen 81% from its peak, Dogecoin could grow by 400-500%. This will be due to the frenzied demand for meme cryptocurrencies, which the trader is waiting for.