The Investment Centre Broker Gives Top Altcoins And Some Insight On Dogecoin
London, England, 2 June 2021, ZEXPRWIRE, The top cryptocurrency on the list of The Investment Centre’s broker Phillip Sanders will be Chainlink.
ChainLink:
LINK is its ticker symbol. This one is trading around $29.00 per coin. It’s up about 13%, so this one is slightly higher than the market, and It is breaking that trend of the flat areas. Its market cap is $12.6 billion right now, volume in the past 24 hours at around 2.6 billion coins, so, still probably plenty of room to grow with Chainlink.
Chainlink is one of the top Altcoins on the list. Analysts also love Ethereum, Polygon, and Cardano, along with ChainLink. ChainLink is one of that good Altcoin as analysts believe that the coin will be a great coin for the future and continue to have more growth. So, this one in the past week down about 31%, hitting lows down about $15. Since that $15 area, the coin went up almost 100% from that low just about two or three days ago.
So, even if you bought down here on that dip, you would be up about 100% from that dip which is fantastic to see in the past month. This coin is almost flat, it’s only down about 7% from the highs up here of 53 at one point, but it’s only down about 7% compared to where it was a month ago and then the one year chart, this point is up 661% as it was down in the lows of about 3.86 or $3.86. It was high of about $53 at one point, and then analysts saw this pullback once again.
As the analyst said, it was trading around in the March levels once again. It was a considerable pullback down under $20, actually about two or three days ago that analysts saw. According to them, that was a tremendous dip-buying opportunity because these coins are oversold, too many people were getting out, and you know it plummeted very quickly.
Over 50% of its value was wiped out pretty much, it’s like Thanos came in, and he did the slight snap of his fingers and after the market cap was gone from these coins. That’s exactly pretty much what happened with a lot of these cryptocurrencies. They lost a lot of value, especially Ethereum that was one of the biggest losers. So, ChainLink is another one to add to your list to see what happens in the future.
Polygon:
Next on our list, this coin is competing with Ethereum to be the number one spot for investors. After that, it’s going to be Polygon, also known as MATIC back in the day. So, this one is up about 19.4% in the past 24 hours, currently trading at $2.00 or $0.04. Analysts had some news around Mark Cuban and Polygon. This one is training at $2.04. As analysts said, it was at lows about $1.51 at one today, and the market cap is around 12.7 billion, with the volume in the past 24 hours that approximately 6.9 billion coins traded.
This one is down about 17% in the past week, so it’s not as bad as some of these other coins, but it hit lows down here about $0.74 or so. From that $0.7441 area, this coins up almost 200% in a matter of two or three days right now. 200% that is insane! You would not see something like this in the stock market. The crypto space is crazy, with a 200% gain in two or three days, so $1000 be worth around $3000 right now, which is insane. In the past month, this coin is booming 433% on the upside. It hit highs of about 283, so we’re not down much since that 283 area or down maybe about 20, 25, 30% or so but having the lows was meager.
Now, this coin was trading at around $0.47 a month ago. Now it is trading at over $2.00 like analysts said 400% plus, now in the one year chart up over 7,804%, massive gains as this kind of trading at around .0244 fractions right thereof pennies which is insane pretty much where Dogecoin was at the beginning of 2021 is where Polygon was last year in 2020. So again, Polygon one of the analysts’ favorite coins with lots of potentials for this to continue to grow.
Dogecoin:
Now that we’ve covered the top Altcoins, now we’re going to be looking at Dogecoins. Dogecoin is pretty much flat once again in the past 24 hours that hit highs of $0.37 and lows about $0.32 at one point, the market cap of 45.5 billion so trading pretty flat compared to where it was yesterday under one week chart down 26% on the one month chart still up 39% ever since that SNL skit. It was at highs of about 73 or 74. Analysts have not seen those prices since, but analysts see this, and it seems like a support area.
Analysts suggest that we might be seeing a little bit of a bounce back and forth between the 30 and 40, potentially even the $0.25 area. Something to be watching to see if it’s going to fall below or fall or even go above and continue to boom. People are still predicting this going to go to a dollar in 2021.
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Source: Bitteks
