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Cryptocurrencies that can survive a market crash are named
AltcoinSherpa, a well-known Twitter analyst, has named promising cryptocurrencies that he believes will bring the most profit to investors during the next bull cycle. The expert said that he believes in Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Polygon (MATIC), and Cosmos (ATOM) the most. In addition, the expert noted the prospects of other virtual assets, such as dYdX (DYDX), GMX (GMX), Chainlink (LINK), Uniswap (UNI), and Aave (AAVE).
Some coins that I think will hold up for next cycle and 1s I’m eyeing:$BTC$ETH$BNB$MATIC$ATOM
Should survive:$dydx$GMX$LINK$UNI
Other defi: $AAVE
Explanations below pic.twitter.com/HqysIKk8ke
— Altcoin Sherpa (@AltcoinSherpa) November 18, 2022
The Twitter expert believes that it is advisable to buy BNB when the cryptocurrency is at $ 150 (at the time of writing, the asset is trading for $ 257). According to the analyst, the MATIC virtual coin is not threatened by a significant drop in the exchange rate, while ATOM is likely to fall to $ 5.
The crypto blogger also made a prediction for bitcoin. The expert expects that digital gold quotes will fall to the range of $ 10,000 to $ 14,000, and then the growth phase of the rate will begin again. AltcoinSherpa assured that BTC and ETH are the safest coins in the industry and will outperform most of the digital asset market in the long run.
bTC & ETH: These shouldn’t need much explanation. Both are lindy enough where I think that they’re the safest coins you can buy right now. Yes, they can and probably will still go lower than current prices, but these both should outperform most of the market long term.
— Altcoin Sherpa (@AltcoinSherpa) November 18, 2022
The expert emphasized that he does not consider promising projects with small capitalization. The strategist noted that many of these cryptocurrencies will remain low-liquid and will not survive in the competition.
At the time of writing, bitcoin BTC $74,668.25 Bitcoin 0.38% Market capitalization $1.48 trillion VOL. 24 hours $3.49 billion is showing a 4% drop in value — the flagship cryptocurrency is worth $ 16,037. The leading altcoin ETH $2,806.61 Bridged Ether (StarkGate) 6.56% Market capitalization $0.23 billion VOL. 24 hours $1.98 billion has lost almost 8% of its price — at the moment, ethereum is trading at $ 1,124.