A Crypto Trader Identifies Three Altcoins with Potential for Higher Price Surge
A popular crypto trader believes that certain altcoins have the potential to surge in price more than “older generation” digital assets in the current market cycle. In a recent YouTube video, the trader advises his subscribers to avoid investing in projects from previous cycles and instead focus on altcoins with greater pumpability.
Promising Altcoins to Consider
The trader mentions three specific altcoins that he believes have significant potential for price growth. Render (RNDR) is a decentralized Graphics Processing Unit (GPU) model designed for 3D rendering tasks. Celestia (TIA) is a decentralized network that allows easy and cost-effective deployment of personal blockchains. The Sui Network (SUI) is a layer-1 blockchain competitor that aims to provide low latency and high throughput.
Current Status of the Altcoins
At the time of writing, RNDR is trading at $4.38, TIA at $16.31, and SUI at $1.52. RNDR has experienced a 4% decrease in the past 24 hours, while TIA has seen an 8% decrease. On the other hand, SUI has witnessed a 1.5% increase during the same period.
Hot Take: Altcoin Opportunities for Higher Gains
When searching for altcoins with potential for higher gains, it’s advisable to avoid older projects from previous market cycles. Instead, consider altcoins like Render, Celestia, and Sui Network that offer unique features and demonstrate pumpability. These altcoins may present opportunities for significant price surges in comparison to their older counterparts.