Ethereum Upgrade Sparks Optimism for Altcoin Gains
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Ethereum's upcoming Dencun upgrade on March 13th is expected to enhance Ethereum's usability, security, and transaction capacity. This could spark increased interest and investment in altcoins.
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A trader named Cyclop identified 22 altcoins across sectors like AI, DeFi, GameFi, etc. that he believes have potential for 100x gains. The list includes tokens like Injective, Render, Arbitrum, and SleeplessAI.
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The article advises entering the crypto market during corrections or negative sentiment, not chasing rallies. This provides more favorable entry points and risk-reward ratios.
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Altcoins that have corrected 25-60% from their recent highs can offer good value, according to trader Michaël van de Poppe's principles.
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Investing early in fundamentals-driven altcoins and sectors not yet in the spotlight, before hype builds, is another key strategy highlighted.