CryptoPolyTech.com
Crypto, Politics, Tech, Gaming & World News.

Cryptocurrency: Analyst Shares Top 10 Coins To Buy The Dip | CPT PPP Coverage

 | cutline • press clip • news of the day |

Cryptopolytech (CPT) Public Press Pass (PPP)
News of the Day COVERAGE

200000048 – World Newser
•| #World |•| #Online |•| #Media |•| #Outlet |

View more Headlines & Breaking News here, as covered by cryptopolytech.com


Cryptocurrency: Analyst Shares Top 10 Coins To Buy The Dip appeared on watcher.guru by Vignesh Karunanidhi.

Renowned cryptocurrency analyst Michaël van de Poppe has taken to X to share his top 10 altcoin picks that he believes offer tremendous buying opportunities. Van de Poppe emphasized in a tweet thread that these market corrections are the times when investors make money, not when everything is booming.

The analyst began by noting that the altcoin market capitalization has seen a correction, which ultimately leads to dip buying opportunities. However, he also pointed out that when looking at the broader scope of things, the correction is not significant, and there is still way more to gain in the market.

Also read: Ripple (XRP) Forecasted to Hit $1.6: Here’s How

Van de Poppe highlighted that Bitcoin (BTC) valuations are consolidating, and more importantly, Bitcoin dominance is peaking. This trend, along with the significant undervaluation of many altcoins in their BTC valuations, is consistent with the patterns seen in previous market cycles.

Top 10 Coins to Watch

Van de Poppe then delved into his top 10 altcoin picks, starting with Chainlink (LINK). He noted that Chainlink’s valuation is currently at a cycle low and has dropped by around 40% since its recent peak, presenting a massive opportunity for cryptocurrency investors to step in.

Also read: Shiba Inu (SHIB) Forecasted To 2x In Price: Here’s Why

Next on the list is Celestia (TIA), a relatively new project that van de Poppe believes could be a massive gainer in this cycle. With a 61% drop since its recent peak, the analyst sees this as an ideal time to show interest in the project.

Other notable mentions include Arbitrum (ARB), which has seen a massive unlock in the previous month, resulting in sell pressure; Polkadot (DOT), which is still at a cycle low valuation; and Cosmos (ATOM), which van de Poppe considers to be one of the most undervalued projects in the market.

Also read: Can BOOK OF MEME (BOME) Hit $0.05 After Bitcoin Halving?

The analyst also highlighted several DeFi-related projects, such as dYdX (DYDX) and WOO Network (WOO), which he expects to see a strong surge in the coming period. Additionally, he mentioned SEI Network (SEI) and Covalent (CQT) as newer projects that could potentially outperform in the upcoming cycle.

While the current market dip may concern some investors, van de Poppe’s analysis suggests that these corrections present valuable opportunities for those looking to invest in promising altcoin projects. 



Related Posts

FEATURED ‘News of the Day’, as reported by public domain newswires.

Find more, like the above, right here on Cryptopolytech.com by following our extensive quiclick links appearing on images or [NEWSer CHEWSer].
View ALL Headlines & Breaking News here.

Source Information (if available)

This article originally appeared on watcher.guru by Vignesh Karunanidhi – sharing via newswires in the public domain, repeatedly. News articles have become eerily similar to manufacturer descriptions.

We will happily entertain any content removal requests, simply reach out to us. In the interim, please perform due diligence and place any content you deem “privileged” behind a subscription and/or paywall.

CPT (CryptoPolyTech) PPP (Public Press Pass) Coverage features stories and headlines you may not otherwise see due to the manipulation of mass media.

We compile ‘news of the day’ content in an unbiased manner and contextually classify it to promote the growth of knowledge by sharing it just like Cryptocurrency: Analyst Shares Top 10 Coins To Buy The Dip

First to share? If share image does not populate, please close the share box & re-open or reload page to load the image, Thanks!

You might also like