Cryptocurrency Analyst with 600 Thousand Followers Shares 6 Altcoins to Watch

Renowned cryptocurrency analyst Miles Deutscher has published a list of altcoins to watch following the rise in the cryptocurrency market in his latest YouTube analysis. Here are the altcoins worth following, according to the analyst’s own opinions: PumpFun (PUMP): Analysts believe there’s high demand for PumpFun, citing numerous investors who struggled to access the ICO or were unable to take positions due to outages on centralized exchanges. They argue that if the market capitalization falls around $4 billion, it could be a turning point, potentially exceeding $10 billion. Bonk (BONK): The analyst, predicting that Bonk could experience a similar price appreciation if PumpFun succeeds, notes that Bonk’s current trading volume is higher than Pump’s, yet its lower valuation is noteworthy. The analyst believes that Pump’s rise could also push Bonk higher, noting that he already owns BONK. Related News: Another Country Announces Plan to Create Bitcoin and Cryptocurrency Fund Fartcoin (FART): Stating that it has the potential to breakout but that he does not prefer direct breakout trades, the analyst explains that he prefers to look for entry points in lower time frames after seeing a breakout in the higher time frame. BNB (BNB): The analyst, who thinks that Binance’s launch of a rival mechanism to PumpFun could benefit BNB, claims that BNB is in an uptrend. Hyperliquid (HYPE): The analyst states that the only buying point for this altcoin is the $40 level, and that the probability of returning to this level is low. Doge (DOGE): Stating that DOGE has also started to break out and is a popular coin among individual investors, the analyst said that horizontal resistance levels are more important than vertical trend lines. However, it should be noted that Miles Deutscher has promoted low market cap memecoins in numerous sponsored posts, some of which have experienced large price drops. *This is not investment advice. Continue Reading: Cryptocurrency Analyst with 600 Thousand Followers Shares 6 Altcoins to Watch

Source: BitcoinSistemi