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Home»ALTCOIN NEWS»These top 50 altcoins backed by Bitcoin billionaires could explode 100% in the coming months, according to Trader.
ALTCOIN NEWS

These top 50 altcoins backed by Bitcoin billionaires could explode 100% in the coming months, according to Trader.

By Crypto FlexsFebruary 22, 20243 Mins Read
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These top 50 altcoins backed by Bitcoin billionaires could explode 100% in the coming months, according to Trader.
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A prominent cryptocurrency analyst is taking a bullish stance on a billionaire-backed peer-to-peer storage altcoin project.

A pseudonymous trader known as Altcoin Sherpa says 207,700 followers on social media platform

“FIL: I think this number will double in the next few months.”

Source: Altcoin Sherpa/X

Looking at the trader’s chart, he suggests that Filecoin could turn the 50% level of the trading range into support and rise to $16.20.

The billionaire Winklevoss twins first invested in Filecoin through their venture capital firm in 2017. They went on to co-found Gemini, a cryptocurrency exchange platform.

Filecoin is trading at $7.19 at the time of this writing and is down nearly 5% in the last 24 hours.

Next is the merchant Called Ethereum (ETH) rival Solana (SOL) may retest the $100 level.

“SOL: I think it makes sense to buy it for about $100. This is still a pretty uneven chart. I think just buying and holding is going to be the best strategy overall for most people.”

video
Source: Altcoin Sherpa/X

Solana is trading at $104 at the time of this writing, down more than 3.5% in the last 24 hours.

Finally, the merchant Called Decentralized payments platform Coti (COTI) may rise to $0.13 after retesting the $0.09 region.

“COTI: This is one of the older coins I recently decided to purchase. There has been some very strong movement over the past few weeks. I believe we will be seeing some delays in some of these wicks from before (not sure which ones). But we still believe we will break through these areas in the medium term. We would view the $0.09 area as an entry area of ​​interest.”

video
Source: Altcoin Sherpa/X

COTI is trading at $0.092 at the time of this writing, down nearly 4% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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