A popular crypto trader has outlined three altcoins that he believes have the potential to soar in price over “older generation” digital assets during the ongoing market cycle.
In a new YouTube video, Jason Pizzino tells his 309,000 subscribers that a good guideline when betting on altcoins is to avoid putting money into projects from previous cycles.
“When you look at old school stuff, it doesn't seem to have the stickiness or pumping power it once did. So if you're looking for something that gives you a bigger return, one simple rule of thumb is to buy a lot of old crap. It's about distancing yourself from things. It's more pumpable.
What are those cryptocurrencies? There are many. You can also throw something like Render. Render is showing pretty good upward movement. There's a lot of talk about TIA. There was a lot of talk about SUI. ”
Top US cryptocurrency exchange Coinbase has just added Render (RNDR) to its listing roadmap, a distributed graphics processing unit (GPU) model aimed at supporting three-dimensional rendering tasks and emerging 3D applications. is.
At the time of writing, RNDR is trading at $4.38. The 49th-ranked cryptocurrency by market capitalization has fallen more than 4% in the past 24 hours.
Celestia (TIA) is a decentralized network that aims to make it easy for anyone to deploy their own blockchain at minimal cost. At the time of writing, TIA is trading at $16.31. The crypto asset, which ranks 34th in terms of market capitalization, has fallen more than 8% in the past day.
Sui Network (SUI) is a layer 1 blockchain and Aptos (APT) competitor. The project runs on the Delegated Proof of Stake (dPOS) consensus mechanism and aims to provide low latency and high throughput.
At the time of writing, SUI is trading at $1.52. The crypto asset, which ranks 48th in terms of market capitalization, has gained nearly 1.5% in the past 24 hours.
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