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Six Crypto Assets Soar After Reported Recommendation From Influential Market Analyst

by Daily Hodl Staff
November 13, 2020
in Altcoins, Trading

The crypto analytics firm Santiment says six crypto assets are in the green thanks to a recommendation from former hedge fund manager Teeka Tiwari.

Tiwari, who is now a crypto analyst at the Palm Beach Research Group, periodically updates his top picks in the crypto markets. This time around, he says there are only a handful of coins that meet his “strict buying rules.”

[adinserter block="1"]

The six coins that made his short-list, says Santiment, are Dash (DASH), Uniswap (UNI), Zcash (ZCASH), Blockstack (STX), Cosmos (ATOM) and Loki Network (LOKI).

“As we often see on PalmBeachConfidential recommendations, DASH pumped big today after Teeka Tiwari suggested it alongside UNI, ZCASH, STX, ATOM, and LOKI.

Note the mention of PalmBeach as DASH rose, followed by Teeka as it temporarily fell.”

Source: Santiment

Following the call from Tiwari, LOKI surged from $0.32 to $0.71 – a 121% spike, according to CoinGecko.

STX jumped 47%, DASH rallied 15%, ZCASH rose 8%, UNI rose 5% and ATOM rose 6%. It remains to be seen whether these gains will be sustainable or a short-term rise and fall.

[adinserter block="1"]

Back in May of this year, Tiwari said he believes the crypto startup Crypterium (CRPT), led by former Visa executive Steven Parker, will rise 700% over a two-year period.

CRPT has dropped from a monthly high of $0.58 on May 10th to $0.22 at time of publishing.

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Art Furnace

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