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Crypto analysts suggest traders take a closer look at some cryptocurrencies

Date: 03.05.2021

The digital currency market is constantly growing, which forces specialists to think about predictions about future trends. According to one of the well-known crypto strategists in traders, now it is worth paying attention to 11 crypto assets, since it is their storage that will help prepare for a massive breakout.


The post appeared on the social network Twitter, from a user with the nickname Saro. The trader told the readers that he was determined to put the greatest emphasis on the Sуntropу protocol (NOIA), designed to optimize and encrypt the public network for the client base. Also, his attention went to the Reserve Rights Token (RSR) management token and the cryptocurrency of one of the popular Ethereum smart contract platforms (ETH).


Saro is interested in a project in charge of cybersecurity - Constellation (DAG), an emerging platform Balancer (BAL), a dispersed confidential information base Phala Network (PHA), the development of Oracle Tellor (TRB), a remote financial platform Sora (XOR), an automatic marketing tool PоrkSwap PSWAP), Verasite (VRA) and the Sand ecosystem. According to the trader, it is these projects that can lead to success and require ongoing investments.


The existing specialists were also interested in another forecast. The trader believes that altcoins will rise soon. In particular, coins with low capitalization will fall under this wave. This phenomenon is due to the fact that the dominant index, based on tracking the performance of cryptocurrency markets, excluding bitcoins and major altcoins, has completed a long consolidation process.


After people pay attention to BTC, forgetting about other promising currencies, they start pumping in a couple of days. In this regard, being mainly in violas is more convenient.


Studying the current NOIA statistics, the trader concluded that the altcoin is starting a massive movement in the direction of the parabola, allowing it to generate incomes of more than 150% in relation to Bitcoin (NOIA / BTC), if the existing price is used as a base.


If we talk about the Reserve Rights Token token, the specialist published a forecast that the change in growth potential in total shows 220% when compared with Bitcoin (RSR / BTC) at the current value.
Perhaps in the future the forecasts will be adjusted, but at the moment the trader has selected these particular projects.