There are some healthy bounces happening on altcoins just now, and while it’s safe to say crypto markets have been under incredible pressure for the two months we could finally be seeing some light at the end of the tunnel.
We could well be in the midst of a buyers market. As investors we want to be buying at low prices which enable us to profit from value being unlocked over the coming years.
Those low prices could well be somewhere near here.
Here’s a selection of some interesting cryptocurrencies that have had tremendous falls but still retain a lot of growth potential.
Yes for a while Cardano’s market cap had swollen to be one of the largest crypto’s on the market. However that’s reduced a fair bit now. Whilst it’s still in the top few, the price is probably at fair value now considering what’s coming up.
The developers at Cardano are rolling out plenty of updates and roadmap goals over the middle of this year, so it could be a good time to start accumulating on dips.
Followed fanatically by developers this hasn’t been hit as hard as some other crypto. But it has retraced a healthy amount.
There is so much planned to be built on EOS, and it’s faster and more stable than other blockchains. As said it has a fanatical following so expect prices to trend up as further news is released.
You either love it or hate it. It’s a speculative one for sure. But Tron could end up being far bigger than many cynics imagine.
A blockchain to store, control and publish your entertainment content. It’s a huge market.
If Justin Sun can actually unlock this golden door then the sky is really the limit. Maybe only invest a small portion of your portfolio and if you do decide to buy wait for some weakness to give yourself the best chance.
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