A popular crypto trader thinks altcoins are about to have another big surge, similar to the one we saw between November 2023 and March 2024.
When’s the next altcoin party?
This trader, known as Sherpa, thinks it could happen around December or January. He expects Bitcoin to hit a new high first, then cool off a bit, setting the stage for altcoins to take center stage.
Don’t expect a repeat of January 2021
While Sherpa predicts a good run for altcoins, he doesn’t think it will be as wild as the January 2021 boom. He expects most altcoins to see gains of 3 to 5 times their current value, but not the massive jumps we saw a few years back.
Sherpa’s Top Picks
Safe Bets:
- Aave (AAVE): A decentralized finance (DeFi) platform.
- XRP: A popular cryptocurrency.
- BNB Chain (BNB): A blue-chip layer-1 token.
- Tron (TRX): Another blue-chip layer-1 token.
Risky But Potentially Rewarding:
- io.net (IO): A Solana-based network.
- BounceBit (BB): A DeFi protocol.
- Blast (BLAST): Another DeFi protocol.
- Popcat (POPCAT): A memecoin.
- dogwifhat (WIF): Another memecoin.
- Pepe (PEPE): Yet another memecoin.
Remember:
This is just one trader’s opinion, and the crypto market is always unpredictable. Do your own research before investing, and remember that any investment carries risks.
