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5 Altcoins That Haven’t Gone Parabolic (Yet)
While the legacy dino coins are pumping, some potential gems haven’t launched. Here are five that I’m buying and shilling.
Watching XRP and ADA skyrocket over the past two weeks has been a lesson in humility. I sold my bags of XRP and ADA earlier in the year and moved the funds to newer alternatives. Some, such as SUI, ZEUS, and BRETT, have performed well, while others, such as SUIMAN, LIKE, and FET, have underperformed the market.
XRP, ADA, and other legacy coins have outperformed many of my picks, but it’s too late for me to aggressively chase them. I tip my hat to anyone reading this who had the fortitude to hold these coins when nobody in crypto was talking about them.
If you’ve been following anyone on YouTube today, I’ll bet my left arm you’ve heard massive amounts of bragging. Regardless of the channel, I get the impression the influencer may truly believe their shit doesn’t stink.
But the reality is that someone could have mentioned any coin in the past month, and there’s an extremely high probability it has pumped like crazy. Ironically, the big influencers mention a coin and generate a self-fulfilling prophecy, pumping the price. I wish I had a monkey throw darts at a printout of CoinGecko and compare it with my portfolio.
I’m nearly certain that all of them are shilling their bags, and that’s okay. I do the same thing in my articles, so I can’t judge. However, the crypto YouTubers (deservedly) have much larger audiences than I do. After all, other than you, how many people read anymore?
I bring this up because it’s important to understand that nobody in this space knows significantly more than anyone else. I follow many crypto analysts, and none expected the pumps in HBAR, ALGO, ZIL, or XLM. I’m equally bad, as I recently badmouthed many of these legacy projects in an article titled "Start Panicking If You Own These Cryptos."
I got it wrong in that article, but I won’t beat myself up too badly. I wrote My 10 Favorite Crypto Investments For This Bull Run, which has increased 68% since writing, compared with BTC's 46%. I still like all these coins, so it may be worth checking out if you haven’t read it.
