Experts predict that the altcoin market value will increase significantly in the next two years. Accordingly, they expect the market cap to potentially exceed $2 trillion. A popular crypto analyst predicts significant growth for altcoins like Fantom, Worldcoin, and Sandbox.
This altcoin has growth potential: Fantom (FTM)
cryptokoin.comAs you follow from , the crypto world is buzzing with expectations as we prepare for a new year. Investors are watching market movements closely and looking for the next breakout stars. Analysts like popular analyst Ali Martinez shed light on altcoins that may be on the verge of significant growth. Among these, Fantom (FTM), Worldcoin (WLD) and The Sandbox (SAND) attract great attention.
Ali Martinez, known for his accurate crypto analysis, highlights the promising trend of altcoin Fantom. Martinez identifies a bullish ‘W’ pattern forming on FTM’s weekly chart, indicating a potential upward move. If FTM manages to close the week above $0.57, it is possible that it could target the impressive $1.60 milestone. However, FTM was trading in the red zone at $0.484 at the time of writing.
Token with a promising appearance: Worldcoin (WLD)
Worldcoin (WLD) is another altcoin that caught Martinez’s attention. This innovative iris biometric cryptocurrency project is showing signs of breaking out of a bullish continuation pattern that has led to optimism in the crypto community. Martinez predicts that Worldcoin, which is trading at $3.49 at the time of writing, will see an 80% rally. In this case, WLD says its price will target $6.30. Despite the recent sharp decline, Worldcoin has managed to stay above Martinez’s key resistance level. This points to potential upward momentum.
A Blockchain game to watch: Sandbox (SAND)
Ali Martinez also highlights The Sandbox (SAND), a blockchain-based gaming ecosystem. He assesses that this altcoin project has significant potential. SAND price is in the red zone at $0.577 at the time of writing. However, SAND maintains its position above $0.55. According to analysts, this presents a potential buying opportunity. Martinez points to a significant price range for SAND, between $0.90 and $1.35. It also states that major wallet addresses hold 447 million SAND. The analyst states that this indicates a potential price increase.
Altcoin market value hovered around $700 billion for a while. However, it has shown an increase recently. It currently hovers around $745 billion. Drawing comparisons to Bitcoin’s halving cycles, experts predict a significant increase in the altcoin’s market value, potentially exceeding $2 trillion in the next two years. The performances of Fantom, Worldcoin, and Sandbox underscore the dynamic nature and potential profitability of the current crypto landscape.
The opinions and predictions in the article belong to the analyst and are definitely not investment advice. We strongly recommend that you do your own research before investing.
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