Leading cryptocurrency analysts announced 4 cryptocurrencies that will shake the throne of the leading cryptocurrency Bitcoin (BTC)! According to analysts, these altcoin projects may be on the rise soon! Here are the details…
Santiment points to bullish signals for Apecoin (APE)!
Cryptocurrency data analysis firm Santiment made critical comments for the Bored Ape Yacht Club community’s Apecoin (APE) in its recent statements. Experts pointed to network activity for APE, stating that it contains the same signals as the native coin of Stargate Finance, which has recently exploded by 50 percent. APE’s network activity is on the rise, according to Santiment, which could signal an upside boom. Santiment’s statements for APE include the following words:
We saw this recently with Stargate Finance. After a period of increased activity on the network, the price of STG soared. Could the same thing happen with Apecoin?
It certainly looks that way. We are seeing increased activity in APE as investors increase their investment. This is a sign that retail investors are getting involved as well, which could be a sign of a price increase.
While on-chain data for Apecoin is bullish, Santiment says this signal does not guarantee that the metaverse-focused altcoin will rise. However, Santiment says that APE could experience big booms if investors suddenly get bullish on crypto.
Of course, there is no guarantee that this will happen. The crypto market is unpredictable and anything can happen. But if the market decides to turn around, Apecoin might be in the best position to take advantage of it. It worked for Stargate and it might work for Apecoin. We’ll just have to wait and see.
Instantly, the popular cryptocurrency APE is trading at $4.19.
Altcoin Sherpa explained: These altcoins may explode!
cryptocoin.com As we have mentioned, Altcoin Sherpa, one of the leading cryptocurrency analysts in the crypto money market, in his new comments on the market, recommends more than 194 thousand Twitter followers to wait for the next rise, while predicting a rise for the popular altcoin Stargate Finance (STG).
According to the analyst, a rise in STG may be experienced soon, but he suggests that it may pull back to the $0.72 level before the rise. Cryptocurrency analyst Sherpa says that while he thinks STG has a good chart, some investors are considering accumulating the altcoin at lower prices. Instantly, altcoin STG is trading at $ 0.79, and Sherpa’s words are as follows:
The charts for Stargate Finance look good and they just raised $3 billion. However, they will soon appear with a new coin. The project should increase the overall value proposition and volume.
Altcoin Sherpa is also closely following the governance coin for the Frax Share (FXS) stablecoin protocol. “Really good decentralized finance (DeFi) project, check it out!” the analyst said for FXS. in his words.
However, Sherpa draws attention to the layer-2 protocol Arbitrum (ARB), which although it believes it is currently trading below its fair value, it may still see lower prices. and below its value in terms of general use.” He makes predictions for the popular altcoin using his words. Momentarily, ARB is trading at $1.19, while the analyst points to the charts.
The popular analyst puts Liquity (LQTY), an ETH-based altcoin at the top of his list, a decentralized borrowing protocol that allows users to get loans using ETH as collateral. According to altcoin Sherpa, it is waiting to see how LQTY will react after Ethereum launches the Shanghai update; This will be an event that will allow stakers to withdraw their ETH stacks for the first time. Here are the analyst’s words:
LQTY: We’ll see what happens in Shanghai, other liquid staking variants could be good too.
Instantly, LQTY is trading at $2.32.
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