CandleFocus Well-known Cryptocurrency Analyst Says “Forget Memecoins”, Names 8 Altcoins
2024-12-16
Author: Content Editor
Cryptocurrency analyst Ali Martinez has commented on the possibility of an altcoin season by noting that not all altcoins move together. While some altcoins like AAVE show strength, others like MANA are still in consolidation mode. Martinez emphasized that Bitcoin currently dominates the market due to strong rhetoric and fundamentals, but Ethereum historically outperforms Bitcoin in December. He cautioned against chasing memecoins and encouraged investors to focus on altcoins with real utility and strong fundamentals. Martinez highlighted several altcoins as potential winners in the next market cycle. He advised investors to position themselves where the smart money is flowing, indicating that the next altcoin season may be closer than expected.
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