• Crypto analyst Altcoin Sherpa has shared positive sentiments about Sui (SUI), Pepe, and Chainlink and believes the tokens are poised for a significant price increase.
• Sherpa suggests buying SUI at around $1 as it has a relatively small overall token supply and potential for market manipulation.
• He also notes that Pepe is experiencing high trading volumes within the range of $0.0000015 to $0.0000020, while Chainlink is offering a buying opportunity once it breaks out of its low resistance level.
Altcoins Analysts Map Top 3 Best Bet Altcoins For Significant Gains
Sui (SUI)
Popular crypto analyst Altcoin Sherpa has shared positive sentiments about Sui (SUI) and believes the lesser-known native token is poised for a significant price increase. With a relatively small overall token supply and the potential for market manipulation, Sherpa suggest buying SUI at around $1 could yield profitable returns, although he doesn’t provide a specific timeframe for this surge. However, Sherpa cautions that SUI’s value may drop by more than 20% if Bitcoin’s price experiences a decline, so it’s important to consider Bitcoin’s performance when trading any altcoin. As of the time of writing, SUI is currently trading at $1.13 following the launch of its mainnet earlier this month.
Pepe (PEPE)
Sherpa also notes that Pepe (PEPE), a controversial meme-coin, is currently experiencing high trading volumes within the range of $0.0000015 to $0.0000020 which makes it potentially suitable for swing-long trading strategy; however he emphasizes that Bitcoin’s performance will play an important role in determining Pepe’s trajectory since its value could be affected accordingly in case of another downward movement by Bitcoin . At present, Pepe is trading at $0.00000164.
Chainlink (LINK)
The anonymous analyst also suggests that Chainlink (LINK), a blockchain oracle network and 22nd-largest cryptocurrency by market capitalization offers buying opportunity once it breaks out of its low resistance level – making it potentially suitable for medium- to long-term buy opportunities investment strategy .