Crypto Gloom

The Best Altcoins to Buy Now to Reap Maximum Profit from the Crypto Bullish Cycle – Lark Davis

The overall cryptocurrency market cap has been consolidating over the past two months following a solid breakout last month, led by the approval of several spot Bitcoin exchange-traded funds (ETFs) in the United States. Cryptocurrency analysts predict continued strength in the coming months, with the total cryptocurrency market cap expected to reach around $2.2 trillion during the halving period.

Ultimately, the highly anticipated cryptocurrency bull market should materialize in subsequent quarters, with a rise in cryptocurrency cash turnover and market capitalization, most often meme coins signaling the end of a cycle.

Altcoins’ Lark Davis Buy Now, Sell Later

According to Lark Davis, a popular cryptocurrency trader with over 1.1 million followers on the The cryptocurrency analyst pointed out that it would be best for new altcoins that are highly liquid and have not yet experienced previous bull cycles to double down.

In addition to altcoins with impressive fundamentals like Solana (SOL) and Chainlink (LINK), Davis said altcoins with a high social presence are likely to attract more investors as Web3 projects and digital assets continue to see mass adoption. He emphasized that there is.

“The new coin is a ‘big money maker’ with no salty pocket holders from previous cycles ready to dump it the moment it breaks. The new coin provides a clear runway to the sky,” Davis said.

Some of the new altcoins shining in the industry include layer 2 blockchains such as Arbitrum (ARB) and Optimism (OP). Other notable altcoins likely to have high reward-to-risk ratios in this bull cycle include gaming tokens, NFT tokens, and new projects such as Sui (SUI) and Celestia (TIA).