Cryptocurrency expert Matthew recently spoke about the cryptocurrency market, explaining its current state and where opportunities may lie for investors. In a video, Matthew talks about different aspects of the market.
Matthew mentioned that the cryptocurrency market recently reached a total value of over $2 trillion, which is big. He explained that while this is impressive, there is still more room for growth, especially for smaller cryptocurrencies. He believes that these altcoins could become more valuable soon.
To help investors, Matthew talked about ten altcoins that he believes could be good investments. These include:
The analyst believes that XRP is a good buy because it is not valued as much as it should be due to some legal issues it is facing. He then talked about Jasmine Coin because it has been doing well recently, and he believes it can continue to grow. After that, he sees Caspa as an opportunity, although he wishes he had bought it when it was cheaper.
According to the analyst, Grock has a lot of potential due to its association with Elon Musk and its chatbot. Matthew also sees potential in Kronos because he believes its price could rise to $1 to $3. He believes that Beam can become important in the gaming world because of its features.
Next on his list was Dogwifhat: Matthew talked about this unusual cryptocurrency, saying that it was becoming popular and might be worth investing in. He also mentioned Compound as a good investment, thinking its price could rise to $500 to $1,000.
Matthew talked about Anchor as a currency he invested in, thinking it might become more popular soon. Finally, he mentioned API 3 as another promising altcoin, especially since it is available on popular exchanges.
