A popular crypto analyst, lending and borrowing platform famous for his predictions Aave’s (AAVE) says the local cryptocurrency could rise to $300 by the second quarter of 2023.
Altcoin Sherpa tells its 182,700 Twitter followers that buying AAVE while trading sideways can be an incredible opportunity given the huge upside potential.
“AAVE: It will be a great opportunity to buy at these prices in the future.
-Most of the emissions are already gone and relatively no more selling pressure
-Still a big TVL [toplam değer kilitli] available.
-Still the best blue chip DeFi [merkezi olmayan finans] one of your coins
-Experienced in enduring harsh conditions.
Wait for consolidation.”
At the time of writing, the decentralized finance (DeFi) altcoin is changing hands at $91.53, up nearly 5 percent in the last 24 hours.
Compound (COMP)
Koinfinans.com As we reported, Analyst is also a decentralized lending platform. Compound (COMP) claims that the management token also offers potentially positive returns to active traders. The cryptocurrency is up over 2% in the last 24 hours and is currently trading at $50.70.
“Although most DeFi tokens have been dead since 2021, there are still many good opportunities for active traders. One such example is COMP, which has had several bear market rallies.
However, if you are a passive investor [bence] It is best to stick with BTC and ETH.”
Finally, the trader citing uncertainties in the crypto industry at the moment, the analyst, non-fungible token (NFT) based gaming platform. of Axie Infinity (AXS) He says he is also cautious about purchasing his token. The token is worth $14.44 at the time of writing, which price action represents an increase of over 6 percent on the day.
“AXS: I haven’t looked at this chart for a while. I think gaming will be very powerful in the future, but [play-to-kazan] I’m not sure how his narrative will progress. I’m not sure if this is an accumulation or just another pause before another drop, the trend is still bearish so I wouldn’t rush it.”
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.