coinedition.com
Crypto analyst and trading guru Mac (MacnBTC) shares his top picks among crypto coins with short-term money-making potential. Firstly, the crypto trader categorized altcoins based on infrastructure, total value locked (TVL) on-chain, and community sentiment.
On the infrastructural side, Mac argues there is close to no competition in the market following the ill fate of Solana ($SOL) and the former CEO of FTX, Sam Bankman-Fried. He claims to have eyes on the Binance Chain ecosystem, given the increased TVL, noting that more teams and projects would key in soon.
Only upcoming infrastructure projects I have eyes on:#BSC – TVL has been increasing, I expect more teams and projects to come out here.$FTM – Andre did a post where he claimed $FTM has x2 mc in money backing. They will buy back tokens eventually#Arbitrum – Upcoming token
— Mac 🐺 (@MacnBTC) November 29, 2022
Furthermore, Mac believes investing in the meme token Dogecoin (DOGE) would be fruitful, given that the Billionaire owner of Twitter, Elon Musk, still has a powerful influence on the coin. The trader added:
Binance resumed their launchpad after months of break. It is a good idea to keep an eye on the old launchpad assets and the new ones.
Previously, Mac had vowed to reveal what they believe to be the ‘altcoin gems of 2023’ with a ten to hundred times potential upside. Before the bull market of 2020, the crypto trader claimed to have signaled Polygon (MATIC), Elrond ($EGLD), and $SOL, which all attained over 90 times their value.
I will do everything i can, to make sure i find the x10-100x #altcoin gems of 2023
— Mac 🐺 (@MacnBTC) November 28, 2022
In 2020 I called:$MATIC 164x$EGLD 90x$SOL 110x$STEPN x13
I have already found the next gem that will x2+ likely in the next week, revealing it before 1 Dec
Interestingly, data from the market tracking website CoinMarketCap, shows that MATIC token investors are on a 27497.33% return on investment from its all-time low of $0.003012 four years ago. The coin currently trades at $0.8092, barely a 2% increase in the last 24 hours.