These Are 2 Assets You Should Be Accumulating In 2023
An important trader who made some pretty big predictions that came true managed to reveal to followers the most important assets that they should be accumulating these days. Check out the latest reports about this below....
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
An important trader who made some pretty big predictions that came true managed to reveal to followers the most important assets that they should be accumulating these days. Check out the latest reports about this below.
2 assets we should accumulate in 2023An important trader who rose to the wave of crypto success in 2023 says he’s keeping an eye on two large-cap altcoins amid the latest sell-off in the digital asset market.
In a new strategy session, pseudonymous analyst DonAlt said recently that altcoins in general, look weak as many popular coins are now trading close to their yearly lows despite the fact that Bitcoin is still way up from its 2022 price floor.
“The altcoins in general have been taking a massive beating, and it’s been not fun.”
He continued and said the following:
“If you look at LINK/USD, that’s back at the lows. That’s back as if Bitcoin went back to $15,000, and that’s one of the crowd favorites. You look at ATOM, also one of the crowd favorites, also back at the lows.”
DonAlt also noted the following fact:
“You can go through the list, through almost everything, ADA – they’re all approaching their 2022 or 2023 lows, while Bitcoin is not really down that much from $30,000.”
DonAlt made sure to highlight the fact that crypto bulls should focus on accumulating coins that can potentially outperform due to an underlying narrative.
“If you want to buy something, buy something with a narrative. That’s why I’ve been trading Litecoin; that’s why I’ve been trading XRP because I knew Litecoin – the halving narrative – you can make use of that.”
He also brought up the case of XRP “the SEC case; you can trade that way. But those are the only ones that you can touch.”
Stay tuned for more news from the crypto space, and make sure to check out the markets as well.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Bitcoin Price Prediction: Can BTC Reclaim $80K as US Midterm Election 2026 Fears Fade?
The US midterm election results initially triggered another wave of selling, but BTC quickly recovered as political uncertainty ea...
Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority
Bitcoin Magazine Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority Stock perpetual fu...
Claude AI Predicts “Operation Meridian” for Ripple: Can XRP Really Hit $40?
Anthropic’s Claude AI predicts that, if a completely hypothetical “Operation Meridian” rolls out for Ripple, XRP USD could hit inc...
Bitcoin Bounces Back From 6-Week Low Despite $1B ETF Exodus
Bitcoin bounced back above $78,000 just now after hitting a six-week low, even as U.S. spot Bitcoin ETF sheds $1.16 billion across...
Copilot AI Predicts an Explosive Q4 Move for NEAR Protocol
Something potentially significant could happen for NEAR Protocol by early 2027. Microsoft Copilot AI predicts a highly speculative...
ChatGPT AI Predicts: Will Crypto Recover? How Low Could We Go?
Bitcoin (BTC) is near $77,000 and Ethereum (ETH) nears $2,260, about $1,342 below where ETH USD price was a year ago. Bitcoin’s pe...