Cryptocurrency analyst Miles Deutscher has identified a list of altcoins that he believes will outperform as retail interest returns to the market. He notes that retail investors are favoring coins listed on major centralized exchanges like Binance, Coinbase, Upbit, and Robinhood. Deutscher points to an increase in Google search volumes for cryptocurrencies as evidence of rising retail interest. Altcoins such as Ripple, Cardano, and Algorand are gaining attention due to their widespread availability on major exchanges. Deutscher compiled a custom spreadsheet of 90 tokens using data from top exchanges' APIs. He emphasizes that accessibility is crucial, as well as the risk-to-reward ratio of many altcoins. New listings on major exchanges can also be catalysts for price actions. Deutscher advises investors to participate in community discussions and monitor announcements for potential listings. Overall, he offers insights into trading during this phase of the market cycle, but investors should also conduct their own research.
- Content Editor ( beincrypto.com )
- 2024-12-12
Crypto Analyst Miles Deutscher Identifies Altcoins Primed for Retail Surge