Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

5 Altcoins to Consider Adding to Your Portfolio This March

Published 03/05/2024, 04:31 PM
Updated 03/05/2024, 04:45 PM
5 Altcoins to Consider Adding to Your Portfolio This March

  • Altcoin Daily host identifies crypto tokens investors could profit from this March.
  • The analyst’s list includes LINK, UNI, IMX, and SUPER.
  • The host believes Ethereum’s network effect signals more growth for ETH.

The Altcoin Daily YouTube channel host has identified some crypto tokens investors could profit from by adding them to their portfolios this March. In a recently uploaded video, the host explained why Ethereum, Chainlink, Uniswap, Immutable, and SuperVerse are potential top performers soon.

The host described Ethereum as “Digital Oil,” noting that the looming ETH BlackRock ETF approval would catalyze an ETH rally similar to BTC. He highlighted Ethereum’s network effect as a signal for upcoming growth, citing the altcoin’s market cap’s impressive value. According to the host, Ethereum has a colossal market cap of $426.44 billion, surpassing some of the biggest names in the mainstream economy.

Meanwhile, the analyst cited Ethereum’s decreasing supply since “The Merge” as a crucial factor in the altcoin’s increasing value. He noted that Ethereum’s supply is shrinking by 1% per year, meaning that Ethereum removes 1.2 million ETH…

The post 5 Altcoins to Consider Adding to Your Portfolio This March appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.