- Five altcoins that, in the opinion of a well-followed crypto analyst, are performing well despite the volatile market conditions are listed below.
On the social media platform X, pseudonymous cryptocurrency trader Altcoin Sherpa informs his 217,200 followers that, despite a generally range-bound market, layer-1 blockchain Toncoin (TON), layer-2 scaling solution Stacks (STX), data democratization project JasmyCoin (JASMY), cross-chain protocol Wormhole (W), and layer-1 protocol Injective (INJ) all appear bullish.
The analyst lists Wormhole as one of his top choices. He does caution that W could yet retreat and become inert.
As one of the strongest coins available at the moment, W is one you should keep an eye on if you trade frequently. If you see a significant pullback, it will likely continue to trade in this range and not be prepared for the significant move that we are all hoping for. For this reason, I want to purchase this on the breakout.
As of this writing, W’s price is $0.644, a little drop from the previous day.
Regarding JASMY, Altcoin Sherpa notes that it appears to be “very strong” and that it will probably reach its resistance level before correcting.
JASMY is quite powerful. I have no idea what this thing does, but it remained stationary today and it appears that there may not be a major decline till it reaches $0.067.
As of this writing, JASMY is trading for $0.0397, up 5.25% over the previous day.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
