The cryptocurrency market has gained upward momentum since March 16, when Fed Chairman Jerome Powell announced a 25 basis point rate hike. Accompanied by Bitcoin bulls exceeding $41,000, most major altcoins are quickly trying to make up for multi-month losses. Investors have turned to looking for altcoins with potential for the rest of the year. In this article, let’s list the current price predictions shared by Paradotor with 745 thousand followers for HOT and 9 altcoins.
Current price predictions for SXP, HOT, LOOKS, REED, AUTO and 4 altcoins
The following list contains current price predictions for the cryptocurrencies that have made up Paradotor’s long-standing altcoin basket. According to the experienced analyst, Bitcoin (BTC.D) must first take the stage for a healthy bull. The altcoin market, which has fallen with the rise of the leading cryptocurrency, may rise again while BTC remains stable. When it’s time for the altcoin market, Paradotor highlights the following HOT and 9 altcoin projects.
- Swipe (XRP) is a platform that seeks to bridge the worlds of fiat and cryptocurrency with its API designed to create global payment cards powered by SXP.
- Holo (HOT), P2P platform for decentralized applications.
- LooksRare (LOOKS), the native token of LookRare, the community-driven NFT marketplace for investors and content creators.
- Reef (REEF), Layer one Blockchain for DeFi, NFT and games.
- Auto (AUTO) is the native cryptocurrency of the Binance Smart Chain based Autofarm protocol.
- Casper (CSPR), PoS Blockchain designed to increase global adoption of DApps.
- Radio Caca (RACA), Universal Metaverse’s native token.
- Newscrypto (NWC), the native token of the NewsCrypto ecosystem, offering a range of indicators and educational resources.
- Combines Flamingo (FLM), cross-chain, DAO, liquidity and a range of DeFi applications in a single ecosystem. It is a DeFi platform based on Neo Blockchain and Poly Network interoperability protocol.
- BakeryToken (BAKE), the native cryptocurrency of the BakerySwap ecosystem.
Current price estimates:
Increased competition has reduced the share of the pie
However, Paradotor adds that increased competition in the altcoin market may affect the above price predictions:
Meanwhile, analyst says 100x gains in 2021 bull will be difficult to repeat:
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