Altcoins Are Starting To Revolt After Bitcoin Recovers
Bitcoin has seen a significant bounce from the bottom of $17,600 last week. However, the reversal of the altcoins makes us even more shocked.
Altcoin analyst Sherpa says SOL will outperform most cryptocurrencies in the current cycle. According to Sherpa, the native token of popular smart contract platform Solana may outperform other altcoins depending on Bitcoin’s price movements.
Another cryptocurrency that Altcoin Sherpa is optimistic about is MANA. The analyst says the virtual reality platform is recovering from bottoming out. This altcoin is currently trading for $0.94 from a low of $0.74 in June.
He then shared his forecast for the Metaverse APE token. According to him, the token created for the Bored Ape Yacht Club NFT community could reverse the downtrend at $6. APE currently costs $4.5.
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