Top 5 Low-risk, High-reward Altcoins to Watch by Crypto Analyst Miles Deutscher
Renowned crypto analyst Miles Deutscher has spotlighted key altcoins poised for growth following a significant bullish signal from Bitcoin. As Bitcoin surged past $71k, Deutscher shared his top altcoin picks that could benefit from the positive momentum.
Ethereum remains a top choice. ETH's ETF approval makes it more accessible to institutional investors, likely to drive its price higher. Ongoing improvements in scalability, security, and energy efficiency further enhance its appeal.
Deutscher sees strong potential in Binance Coin, the native token of the Binance ecosystem. BNB has demonstrated resilience, achieved new all-time highs & is integral to the Binance Smart Chain (BSC), which is popular for its lower transaction fees and faster processing times compared to Ethereum. As more projects launch on BSC, the demand for BNB is expected to rise, boosting its value.
Floki, a meme coin, has caught Deutscher’s attention due to its breakout potential. Like PEPE, FLOKI could see a possible 20% or more increase.
PancakeSwap’s CAKE token is also on Deutscher’s radar. CAKE is reclaiming major support levels and breaking through significant moving averages. As the leading DEX on BSC, PancakeSwap benefits from the overall growth of the DeFi sector.
Ondo Finance stands out in the real-world asset (RWA) sector. Deutscher highlighted ONDO’s strong performance and bullish price action. Ondo Finance focuses on tokenizing physical assets like real estate and commodities, increasing their liquidity and accessibility.
Deutscher’s analysis considers broader market dynamics, institutional inflows and improving sentiment. He noted BTC’s performance & strategic moves by major financial players like BlackRock & Citadel are driving current bullish sentiment. These institutions are pushing the RWA narrative, which could further boost interest in altcoins associated with RWAs.
