After a dip following China’s declaration that all cryptocurrency transactions are prohibited, major coins saw low-level buying on Monday, gaining up to 11%.Ethereum was the greatest gainer among the top ten coins, up about 10%. Solana, XRP, and Bitcoin all gained 4 to 7%. Others were in the green as well.
While altcoins are gearing up well, popular crypto analyst known as Inmortal is predicted huge rallies for three altcoins.
Inmortal, informs his twitter followers that he’s keeping a careful eye on FTX Token (FTT), the utility token of crypto exchange FTX.
FTT is flashing several positive indications, according to Inmortal, which could spark an 85 percent gain from its present value of $54.
According to him,FTT will follow a path to hit $100 soon.
At the time of writing, FTT is trading at $55.06, down by 2.9% in the last 24 hours.
Cosmos (ATOM), a crypto project dubbed the “internet of blockchains,” is another coin on the list of traders. ATOM is set to print a new all-time high, according to Inmortal, as it follows in the footsteps of the explosive cryptocurrency Avalanche (AVAX).
He further says, ATOM has been one of the better performers since the drop,(between others like AVAX or SOL). So far, the bounce has been +46 percent. He expects ATOM to follow in the footsteps of AVAX and release a new ATH soon.
At the time of writing, ATOM is trading at $38.46 down by 0.5% in the last 24 hours.
Chainlink (LINK), a decentralised oracle network, is expected to climb 66 percent after reclaiming a crucial support level at $24, according to the crypto analyst.
“Easy trade. Send LINK to $40 ASAP.”
At the time of writing, LINK is trading at $23.99 down by 3.8% in the last 24 hours.