Top 3 Altcoins to Watch in March 2024🤯💥📈
Analyst Virtual Bacon has unveiled his top three cryptocurrency picks for March, anticipating significant movements in the coming months.
1. Polygon (MATIC)
Virtual Bacon believes Polygon is undervalued despite its popularity. He highlights Polygon's technology facilitating seamless communication between subnetworks, enabling cross-chain DeFi applications. Comparing Polygon's tokenomics favorably to competitors, he predicts a substantial price increase, potentially reaching previous all-time highs.
2. Aevo + Ribbon Finance (RBN)
Aevo + Ribbon Finance (RBN) is another altcoin on Virtual Bacon's radar. Despite recent price gains, he considers it undervalued. He explains Ribbon's rebranding to Aevo, emphasizing its role as a decentralized exchange for trading futures. Aevo's surpassing of dydx in trading volume and upcoming events, including an airdrop and token event, contribute to its potential for price growth.
3. Arweave
Virtual Bacon's third pick for March is Arweave, noting its strong breakout following a recent announcement. Despite resistance in the $16-$19 range since its launch in May 2021, he suggests a potential buying opportunity if the price dips back to $19-$20. However, he acknowledges the strong uptrend and already purchased Arweave between $26 and $27 during a recent dip.
