Litecoin(LTC), Apecoin(APE) and Sushiswap(SUSHI) are Ripe for Rallies Says Crypto Influencer
- Altcoin Sherpa tells his 184,700 Twitter followers that the three digital assets are the most likely to show upward price action.
- The Litecoin price, which has largely gone unnoticed, may soon gain widespread user attention.
AltcoinSherpa, a popular crypto strategist, has recommended three altcoins that he believes are poised for a rally in the short term: Litecoin (LTC), Apecoin (APE), and SushiSwap (SUSHI).
Litecoin is a veteran cryptocurrency that has been in the market for over 10 years. It is a fork of Bitcoin that offers faster transaction speeds and lower fees. AltcoinSherpa believes that LTC is undervalued and could rally by up to 200% by July 2023, coinciding with its halving event.
Apecoin is a newer cryptocurrency that was launched in March 2022. It is the native token of the Bored Ape Yacht Club NFT project. AltcoinSherpa believes that Apecoin is poised to rally in the short term due to strong demand from investors.
SushiSwap is a decentralized exchange that allows users to swap cryptocurrencies without the need for a centralized exchange. It is one of the most popular DeFi protocols in the world. AltcoinSherpa believes that SushiSwap is undervalued and could rally in the short term due to increasing demand for DeFi services.
In addition to these three altcoins, AltcoinSherpa also mentioned Bitcoin (BTC) and Binance Coin (BNB) as potential rally candidates. He believes that BTC could regain ground early next month after its recent decline, and that BNB could rally due to increased demand from whales.
AltcoinSherpa’s recommendations are based on his technical analysis and his assessment of the overall cryptocurrency market. He cautions that his predictions are not guarantees of future performance, and that investors should always do their own research before making any investment decisions.
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