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A Cryptocurrency Analyst with 600 Thousand Followers Shared 6 Altcoins He Is Monitoring!
Renowned crypto analyst Miles Deutscher, in his latest YouTube analysis, published a list of altcoins he will be following after the rise in the crypto market.
Here are the altcoins worth following according to the analyst's own views:
PumpFun (PUMP): The analyst notes that there are many investors experiencing access issues to the ICO or unable to take positions due to disruptions on centralized exchanges, and believes that there is a high demand for PUMP. He argues that it could be a significant point if the market cap drops to around 4 billion dollars and has the potential to exceed 10 billion dollars.
Bonk (BONK): An analyst predicting that if PumpFun is successful, Bonk could experience similar pricing, notes that it is striking that Bonk currently has a higher trading volume than Pump despite having a lower valuation. The analyst, who believes that the rise in Pump could also pull Bonk up, stated that he currently owns BONK.
Fartcoin (FART): The analyst, who states that it has the potential to break out but prefers not to engage in direct breakout operations, explains that he prefers to look for entry points in lower timeframes after seeing a breakout in a higher timeframe.
BNB (BNB): An analyst who believes that Binance's launch of a mechanism competing with PumpFun could benefit BNB claims that BNB is in a rise trend.
Hyperliquid (HYPE): An analyst stating that the only buying point for this altcoin is the 40 dollar level expresses that the likelihood of returning to this level is low.
Doge (DOGE): An analyst noted that DOGE has started to break down and is a popular coin among individual investors, stating that horizontal resistance levels are more important than vertical trend lines.
However, it should not be forgotten that Miles Deutscher has introduced low market cap memecoins in numerous sponsored posts, and some of these have experienced significant price drops.