Here is a list of discounted Altcoins with huge potential

The House of Crypto analyst/host watched his latest video and said that there is the potential for a massive rebound for altcoins, particularly as Bitcoin’s dominance appears to be in decline. Historically, this signaled the start of an altcoin season.

Discusses specific altcoins that are currently on the upswing and explores broader market trends. The bearish MACD crossover into Bitcoin dominance, noted above altcoin seasonsis repeating itself, suggesting a possible imminent surge for altcoins.

Various altcoins, such as Render, Fetch AI, and Pendle, are experiencing gains. This is attributed to market manipulations by big players, which push retail investors through cycles of euphoria and panic.

He explained that some altcoins that showed signs of hope and strength are now being shaken, not because they are weak, but due to market manipulation. For example, Render is a good example of an altcoin that is currently in a buy zone and is experiencing a rebound. Similar behavior is observed in Arweave and Axie Infinity, which also bounced from their buying zones.

Should you stay away from meme coins?

Popular coins such as SingularityNET and various meme coins have also shown similar patterns, indicating their recovery potential when market conditions improve. He advises against focusing exclusively on meme coins, although some, like Turbo, are seeing significant movements. He argues that making money with altcoins is easier during market downturns, compared to when markets are at their peak.

The problem with meme coins is that they rely solely on hype and don’t have venture capitalists (VCs) driving up prices. This hype is fueled by people injecting money into the market, which attracts more investors as the price rises.

The analyst concluded by using CoinMarketCap to show how to find potential investments by examining coins that have fallen over the last 90 days but are showing signs of recovery over the last 7 days. He identified several coins such as Synthetix, Filecoin, Fetch.ai and Immutable X as examples.

Read also: Ethereum Price Gains Momentum Above $3,500 Amid Growing Whale Interest: What’s Next for ETH?

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