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    Home»Analytics»Crypto Analyst Predicts 200% Increase in Altcoin Even More Significant Rise
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    Crypto Analyst Predicts 200% Increase in Altcoin Even More Significant Rise

    AdministratorBy Administrator08.08.2022No Comments2 Mins Read
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    bt-crow.com

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    Crypto analyst with the nickname The Crypto Dog believes that one little-known altcoin that has shown significant growth still has good potential for additional x

    According to him, the GMX (GMX) decentralized exchange token, which operates in the field of perpetual futures, has huge potential. In July, the token rate grew by more than 200% – from $15 to $45, but there is still room for growth:

    “GMX has not been trading above $45 for a long time and this may act as a kind of vacuum. We can say that during the year accumulation was carried out in the range of $20 – $40. GMX is only at the beginning of the way up”

    Separately, the analyst noted Binance Coin (BNB) and believes that, along with GMX, they are exceptions that will remain resistant to BTC depreciation and will have bullish potential regardless of market conditions:

    “You can focus on exception assets that have more significant bullish potential than the rest of the market. With the accumulation of these assets, it is not so important whether the BTC rate is declining.

    The Crypto Dog noted that BNB has great backing in the form of the solid reputation of the Binance exchange:

    “It may seem strange for some to invest in BNB the bulk of the money, but Binance has a solid track record and they care about their holders. Changpeng Zhao is bullish on BNB. It seems to me that for BNB a new all-time high is only a matter of time.”




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