Top trader who made it through the 2023 crypto rally names two assets to accumulate amid Altcoin beats

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A trader who ably participated in the crypto rally earlier this year says he is keeping tabs on two large-cap altcoins amid the latest sell-off in the digital asset market.

In a new strategy session, pseudonymous analyst DonAlt tells his 51,200 YouTube subscribers that altcoins in general look weak as many popular coins are now trading near their yearly lows despite Bitcoin still being well above it. of its 2022 floor price.

“Altcoins in general have taken a massive hit, and that’s not fun.

If you look at LINK/USD, it’s back to the lows. It’s like Bitcoin going back to $15,000, and it’s a crowd favorite. You’re looking at ATOM, also a crowd favorite, also back in the lows.

You can browse the list, through almost everything, ADA, they’re all approaching their 2022 or 2023 lows, while Bitcoin isn’t really down from $30,000.

As broader altcoin markets are battered, DonAlt says crypto bulls should focus on accumulating coins that can potentially outperform due to an underlying narrative.

“If you want to buy something, buy something with a story. This is why I traded Litecoin; that’s why I traded XRP because I knew Litecoin the halving story you can use.

XRP the SEC case, you can trade this way. But these are the only ones you can touch.

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