Santiment, a big name in crypto data, has picked Shiba Inu, Cardano, and XRP as some of the top altcoins to watch. They’re using fancy technical stuff to find coins that could skyrocket or crash hard.
Bullish Vibes and Big Bets
Last week, the crypto market had a nice bounce back, which could mean things are turning around. Santiment took a look at the data and made a list of coins that have a history of doing well when the market turns bullish.
They think investors should keep an eye on these coins, especially how much they’ve been traded. They say that if you think the market is about to go on a big run, investing in coins that have been beaten down could be the best way to make money.
High-Risk, High-Reward
Santiment picked ten altcoins that could be big winners or big losers. They used something called the MVRV Z-Score to figure out which coins are overvalued or undervalued.
Coins with lower risk, but potentially lower gains:
- Uniswap (UNI)
- Shiba Inu (SHIB)
- Cardano (ADA)
- XRP
- Polygon (MATIC)
- Chainlink (LINK)
Coins with higher risk, but potentially higher gains:
- Bitcoin (BTC)
- Ethereum (ETH)
- Dogecoin (DOGE)
- Toncoin (TON)
Altcoins Ready to Explode?
Another crypto expert, Michael van de Poppe, thinks the altcoin market is ready to explode. He says that even though the total value of altcoins dropped by 4% last week, this was just a correction. He thinks it’s like a build-up phase before a big jump. He’s predicting that the total value of altcoins could go above $800 billion.
