Altcoins
ADA and other altcoins will be sold immediately; they will not go parabolic
About Crypto Banter Rans Show, the analyst discussed the current market dynamics, saying that Bitcoin has moved back into a range, now trending towards the upper boundary due to increasing momentum. This momentum has spilled over to altcoins, resulting in a very positive day for them. Looking ahead, Ran speculated on a potentially parabolic phase of the bull market in about 63 days.
Despite potential criticism, he wanted to provide practical advice on which tokens to hold and which to remove from wallets for optimal performance.
Tokes to buy:
He said that once regulation comes into effect, the huge profits we see in cryptocurrencies could disappear. Right now, there is freedom to do a lot of things, like using perpetual swaps and launching new coins quickly. But when the next big market surge comes, it will be wise to pick the best coins now. Focus on the major ones like Bitcoin, Ethereum, Solana, and other top players to make the most of this opportunity.
Tokens for sale:
Litecoin: The analyst strongly advised against holding Litecoinstating: “If you hold Litecoin, it’s time to get out. There hasn’t been any technological innovation in a long time, and its chart looks like XRP.
Elrond: Ran also criticized Elrond, pointing out that the company has not delivered on its promises. According to him, Elrond has done nothing significant since its inception: just promises, academic papers, and smart contracts.
Cardan: “Despite my respect for Charles and the Cardan community, I haven’t seen a meaningful use case for Cardano in a long time. Do you really believe in its future?,” the analyst said.
Sandbox: Ran criticized Sandbox for its poor user experience, pointing to it as another token that investors might want to reconsider holding.
EOS: There was a point where there was a use case for an EOS-like protocol, but that is no longer the case, the analyst added, advising investors to ditch EOS.
Quantity: He also mentioned Quant, discussing its market cap versus active addresses. If you’re holding these tokens and the chart doesn’t seem to indicate they’re going to go up, it’s time to sell, he said.
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