ADA and other altcoins to sell now; they won’t go parabolic

About Crypto Banter Rans Show, the analyst discussed the current market dynamics, stating that Bitcoin has returned to a range, now trending towards the upper limit due to the increase in momentum. This momentum has spilled over to altcoins, resulting in a very positive day for them. Looking ahead, Ran suggested a potentially parabolic phase in the bull market in about 63 days.

Despite possible criticism, his goal was to provide practical advice on which tokens to keep and which to remove from wallets for optimal performance.

Tokens to buy:

He said that once regulations come into effect, the huge profits we are seeing in cryptocurrencies could disappear. Right now, there is freedom to do a lot, like using perpetual exchanges and quickly launching new coins. But in the next big market wave, it is smart to pick the best tokens now. Focus on the major ones like Bitcoin, Ethereum, Solana and other top movers to make the most of this opportunity.

Tokens to sell:

Litecoin: The analyst strongly advised against holding Litecoinstating, “If you have Litecoin, it’s time to get out. There hasn’t been any technological innovation for a long time and its chart looks similar to XRP.

Elrond: Ran was equally critical of Elrond, noting that it has not delivered on its promises. He said that Elrond has done nothing significant since its inception, only promises, academic papers, and smart contracts.

Cardano: “Despite my respect for Charles and the Cardano community, I haven’t seen a meaningful use case for Cardano in a long time. Do you really believe in its future?” the analyst said.

Sandbox: Ran criticized Sandbox for its poor user experience, pointing to it as another token that investors may want to reconsider.

EOS: There used to be a use case for an EOS-type protocol, but not anymore, the analyst added, advising investors to abandon EOS.

Amount: He also mentioned Quant, discussing its market cap in relation to active addresses. If you have these tokens and the chart doesn’t look like it’s going to go up, it’s time to sell, he said.

Read also: List of Altcoins With Potential for Solana-Like Earnings: A List to Watch

Source