{"id":246593,"date":"2024-02-13T18:40:14","date_gmt":"2024-02-13T13:10:14","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=246593"},"modified":"2024-02-13T18:40:14","modified_gmt":"2024-02-13T13:10:14","slug":"trader-says-this-gaming-altcoin-one-of-his-big-bets-for-crypto-bull-run-predicts-much-higher-prices-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/trader-says-this-gaming-altcoin-one-of-his-big-bets-for-crypto-bull-run-predicts-much-higher-prices-crypto-news\/","title":{"rendered":"Trader Says This Gaming Altcoin One of His \u2018Big Bets\u2019 for Crypto Bull Run, Predicts Much Higher Prices – Crypto News"},"content":{"rendered":"

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A widely followed cryptocurrency analyst says he\u2019s long-term bullish on one gaming altcoin that\u2019s flying under the radar.<\/p>\n

Pseudonymous trader Altcoin Sherpa tells his 207,100 followers on the social media platform X that he thinks open-source gaming blockchain Beam (BEAM<\/a>) will likely outperform other altcoins in the crypto subsector.<\/p>\n

According to Altcoin Sherpa, he sees<\/a> BEAM going \u201cway higher\u201d during this bull market cycle.<\/p>\n

\u201cBEAM: one of my big bets for gaming this cycle, bullish on this one. Wouldn\u2019t advise you to buy around this region, would probably wait a bit more. That said, high time frame, I think this is going much higher.\u201d\u00a0<\/em><\/p>\n

Source: Altcoin Sherpa\/X<\/a><\/figcaption><\/figure>\n

At time of writing, BEAM is trading at all-time highs at $0.102, up over 14% in the last 24 hours.<\/p>\n

According to the pseudonymous analyst, BEAM is one of the altcoins alongside the blockchain oracle Chainlink (LINK<\/a>) and the cross-chain decentralized finance (DeFi) project SuperVerse (SUPER<\/a>) that witnessed a long accumulation period before breaking out.<\/p>\n

Altcoin Sherpa notes<\/a> that these coins tend to follow a similar pattern: a big move up, followed by a period of consolidation before the next rally.<\/p>\n

\u201cThese types of coins oftentimes make good\/decent swing trades for those who are patient. This is because:<\/i><\/p>\n

-These coins are all fundamentally decent\/aren\u2019t going to go to zero.<\/i><\/p>\n

-Have decent liquidity and are higher market caps<\/i><\/p>\n

-Have already shown good strong sustainable moves in the past.\u201d<\/i><\/p>\n

The analyst shares a chart that shows LINK breaking out of two accumulation periods.<\/p>\n

\"Image\"
Source: Altcoin Sherpa\/X<\/figcaption><\/figure>\n

Chainlink is trading at $20.24 at time of writing.<\/p>\n

Meanwhile, SuperVerse also broke out of a multi-month consolidation period, based on the trader\u2019s chart.<\/p>\n

\"Image\"
Source: Altcoin Sherpa\/X<\/figcaption><\/figure>\n

At time of writing, SUPER is worth $0.956, up over 11% in the last 24 hours.<\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Generated Image: DALLE3<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

A widely followed cryptocurrency analyst says he\u2019s long-term bullish on one gaming altcoin that\u2019s flying under the radar. Pseudonymous trader Altcoin Sherpa tells his 207,100 followers on the social media platform X that he thinks open-source gaming blockchain Beam (BEAM) will likely outperform other altcoins in the crypto subsector. According to Altcoin Sherpa, he sees […]<\/p>\n","protected":false},"author":2,"featured_media":246594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-246593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=246593"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246593\/revisions"}],"predecessor-version":[{"id":246596,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246593\/revisions\/246596"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/246594"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=246593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=246593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=246593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}