A well-known crypto analyst predicts that three categories of digital assets are positioned to experience significant rallies in the current market cycle.
In a recent video, the InvestAnswers host stated that Bitcoin (BTC), meme coins, and certain promising altcoins are likely to see substantial gains. He emphasized that these groups have the best potential for explosive growth in the coming months.
However, the analyst also cautioned that many other cryptocurrencies may fail to recover and could fade into obscurity.
He noted that if a digital asset is still more than 60% off its all-time high midway through the bull market, it is unlikely to reach those levels again.
He advised investors to cut losses on underperforming assets, as the majority of them are unlikely to rebound.
The expert further emphasized that while there could be a rare outlier, the overwhelming majority of coins that are significantly down will likely never recover.
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Coinbase is once again setting its sights on tokenized securities, aiming to integrate traditional financial assets with blockchain technology in the U.S. market.
Ricardo Salinas, a key figure in Mexico’s business landscape and the head of Grupo Salinas, has significantly adjusted his investment approach in recent years.
Robert Kiyosaki, the bestselling author behind Rich Dad Poor Dad, continues to champion Bitcoin as a solution to the United States’ financial struggles.