The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Here Are Top Three Altcoins To Accumulate for the Next Bull Cycle, According to InvestAnswers

by Daily Hodl Staff
October 16, 2022
in Altcoins, Bitcoin

A widely followed crypto analyst has revealed his top three most promising altcoins to accumulate before the next bull cycle.

In a new video discussion with fellow analysts Benjamin Cowen and Rob from Digital Asset News, the pseudonymous host of InvestAnswers says there are three crypto assets besides Bitcoin (BTC) and Ethereum (ETH) worth looking at during the current bear market.

He identifies Ethereum rivals Solana (SOL) and Fantom (FTM), plus scaling solution Polygon (MATIC) as the mains coins on his radar.

“The only two things that I’ve purchased since this whole year, other than sell stuff, was Bitcoin and Solana, that’s it. I’ve been swapping out of my ETH position because my goal has always been to make them equate, [for] Solana and Ethereum to be be same size…I wouldn’t even consider Ethereum to be an altcoin because it’s just so big.

On a relative market cap valuation perspective I think it’s very overpriced for what it actually does today – that could change of course with adoption – But based on the stuff I look at, tokenomics and daily active users, I like MATIC. That would be my number 3.

If I had to pick [a third], it would be Fantom (FTM) because Fantom has the same number of daily active users as Cardano (ADA), but it’s trading at a twenty sixth of the market cap, and it has some pretty good speed and technology and stuff. Although it has suffered a lot of hits by Andre [Cronje] leaving. So those would be mine.”

At time of writing, SOL is trading at $29.46, while FTM is changing hands for $0.20 and MATIC is priced at $0.80.

I

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


 
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 loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Vlad_Nikon

Submit a Press Release

Industry Announcements

  • Polkadot and Composable Announced As Diamond Sponsor at the Cosmoverse’23 Conference in Istanbul
    October 3, 2023
  • BestChange.com Revolutionizes Cryptocurrency Exchanges With User-Centric Features and Trusted Network
    October 2, 2023
  • Radix Babylon Upgrade Marks New Era for Web 3.0 User and Developer Experience
    September 28, 2023
  • Tyrion Set To Decentralize the $377 Billion Digital Advertising Industry
    September 25, 2023
  • Hydranet Launches Layer Three Dex – A Game Changer for Trustless Cross-Chain Trading
    September 25, 2023
  • Ottochain Homage to EVMOS and Ethereum Layer Two
    September 21, 2023
  • Algorand Foundation Announces Build-a-Bull Hackathon in Collaboration With AWS
    September 20, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$27,476.36
$27,476.36
2.08%
Ethereum
$1,658.05
$1,658.05
1.87%
Cardano
$0.261904
$0.261904
0.98%
XRP
$0.51243
$0.51243
1.31%
Dogecoin
$0.061669
$0.061669
1.53%

Spotlight

  • Venture Capitalist Says Bitcoin, Ethereum and Three More Projects Are Core Networks for Crypto Space
    September 26, 2023
  • Trader Predicts Year-End Rally for Ethereum, Updates Outlook on Bitcoin and One Low-Cap Altcoin
    September 26, 2023
  • BitGo CEO Says Political Pressure, Not the Law, Preventing Spot Bitcoin ETF Approval
    September 26, 2023
  • Curve Price Spikes As Whales Suddenly Accumulate CRV: On-Chain Data
    September 26, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash • Financeflux •
Industry Announcements

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl