Crypto analyst reveals 5 altcoins he is following this week!

1- (FTM)

Deutscher highlights Fantom ($FTM ) as an altcoin to watch and thinks it has even greater upside potential. The popular altcoin gained 20 percent last week, outperforming both Bitcoin and Ethereum. This rise comes due to upcoming developments, including the highly anticipated Sonic.

FTM currently has a market cap of $1.59 billion. Its 24-hour trading volume is $265 million.

2- Mantra ($OM )

Mantra (OM) continues to remain on Deutscher's radar, gaining 27 percent after its strong performance last week. Known for its DeFi features, Mantra has shown steady growth and continues to show promise, especially in light of macroeconomic factors such as the upcoming interest rate cut.

OM has a market cap of $886 million as of the writing of the news. The 24-hour trading volume is $10.24 million.

3- Sundog (SUNDOG)

Sundog increased by 30 percent last week and continues its positive momentum. According to Deutscher, Sundog outperformed other altcoins in its portfolio. According to the analyst, the real excitement could come if Sundog surpasses its all-time high (ATH).

SUNDOG currently has a market value of $322 million. Its 24-hour trading volume is $100 million.

4- LayerZero (ZRO)

Zero (ZRO) stands out as the best choice in Deutscher's interoperability systems. He mentions two important factors for ZRO's potential: token distribution and the fact that no tokens will be unlocked until July 2025. These factors are quite important in price stability.

ZRO currently has a market value of $447 million. The 24-hour trading volume is $121.05 million.

5- Foxy (FOXY)

Although Foxy is rising more slowly than other cryptocurrencies, Deutscher believes the pair will hold firm during declines. FOXY, whose next resistance is 54 percent away from current prices, may rise as the Linea airdrop approaches.

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