An influential crypto dealer and analyst is spotlighting three altcoins that he believes are on the verge of a breakout whereas Bitcoin coils up close to its all-time excessive.
As Bitcoin retests the $57,000 stage for the primary time in almost three weeks, pseudonymous crypto whale Flood, tells his 110,000 Twitter followers that he’s preserving his eye on three crypto belongings that will comply with Bitcoin’s lead.
“Lagging belongings that beforehand had large runs will get bid up right here. SOL (Solana). SNX (Synthetix). AAVE.
Added all with some FTT Token (FTX) earnings.”
Again in late February, the margin dealer additionally mentioned he’s loading up a couple of crypto baggage in preparation for the following leg of the altcoin bull cycle.
Shopping for extra FTT
Bitcoin first precedence although
— Flood (@ThinkingUSD) February 22, 2021
Earlier this 12 months Flood made the daring name that Bitcoin would spend most of 2021 above $50,000 and that SNX, the governance token for decentralized finance (DeFi) protocol, Synthetix, would commerce above $24 this 12 months.
“2021 predictions: Bitcoin trades above $50,000 for almost all of 2021. SNX (Synthetix) trades above $24 this 12 months. DeFi TVL (whole worth locked) 100B+ by This autumn.”
SNX was buying and selling above $24 briefly in February and is at the moment hovering round $21, whereas Bitcoin has been dancing across the $50,000 vary since mid-February and is buying and selling slightly below $56,000 at time of writing.
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