The markets are dipping, and #Altcoins are providing tremendous buying opportunities.
The money is made during these times, not when everything is pumping through the roof.
That's why I've compiled a Top 9 of #Altcoins , so you don't have to do the work yourself. 👇
First of all, the #Altcoin market capitalization has seen a correction, which ultimately leads to dip buying opportunities.
However, taking a look at the broader scope of things, it doesn't really show a large correction and there's still way more to gain. What's next?
Indeed, it's the $BTC valuations.
They are consolidating, but additionally:
- Bitcoin dominance is peaking.
- Many #Altcoins are heavily undervalued in their BTC valuations.
Still in line with everything we've seen in the previous cycles.
The halvings took place and just prior to these events, we've seen that the $BTC dominance has peaked.
Ultimately, resulting into a case that altcoins started to fire away.
Perhaps not in their $USD valuations, but they do in their Bitcoin valuations.
An example is $LINK, which has been dropping by around 3-4% in USD valuations, but they have been bouncing up in their Bitcoin pairs.
Although it's minimal, but it shows that altcoins are not dropping against Bitcoin, it's just Bitcoin correction.
Let's discuss the top 9👇
1️⃣- $LINK | #Chainlink
Ultimately, this can't leave the actual list.
The valuation of Chainlink is currently at a cycle low and has been dropping by 40% since it's recent peak.
As a result, it's once again providing a massive opportunity to step into it.
2️⃣- $TIA | #Celestia
This one is a relatively new project, probably going to be a massive gainer of this cycle.
It's down 61% since its recent peak, resulting into a giant opportunity as that's when you want to get interested.
3️⃣ - $ARB | #Arbitrum
Has seen a massive unlock in the previous month due to which sell pressure has been seen.
Implies a strong Layer 2 Rollup system, which is going to be one of the strongest gainers this cycle.
Valuation has dropped 60% in the past months.
4️⃣- $DOT | #Polkadot
Speaks for itself.
The valuation is still at a cycle low, through which there's a large opportunity cost of this one.
Polkadot 2.0 released and showing a strong progressive growth within the ecosystem.
5️⃣- $ATOM | #Cosmos
This one shows no mercy. Still correcting down, but still having the potential impact of a bullish divergence on the weekly timeframe.
Giant opportunity for this one and probably one of the most undervalued projects out there.
6️⃣- $DYDX | #DYDX
Another one, more strongly correlated towards DeFi and the Ethereum ecosystem, consolidating here.
It's reaching a cycle-low level in the Bitcoin pair; assuming that we'll be holding relatively soon; I'm heavily interested as Dexes are going to be stronger.
7️⃣- $WOO | #WooNetwork
Another DeFi project, currently releasing a lot of new things.
Expecting to see a strong surge in DeFi in the coming period, through which the BTC valuation is still at a cycle low.
8️⃣- $SEI | #SEI
Newest Layer 1 protocol out here, which is likely going to outperform in the upcoming cycle.
Newer cryptocurrencies are the ones you'd want to have in a cycle, through which this one is massively on the shortlist.
9️⃣- $SKL | #SkaleNetwork
One of the strongest projects out there, in terms of Bitcoin valuation.
Consolidating nicely and making a higher low, through which the next resistance is a mere 240% away from the current price level.
Ultimately, you don't need to have the smallest gems to have a high return.
Time the markets well and you'll do fine.
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