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The renowned crypto trader and analyst Dan Gambardello named the handful of cryptos he is very bullish on in a tweet published earlier today. His tweet followed the market-wide selloff that took place in the past 24 hours — resulting in the majority of the crypto market trading in the red today.
I was absolutely amazed by the unity displayed within the crypto space today. In all my years of being here, I have never seen this happen so powerfully.
— Dan Gambardello (@cryptorecruitr) June 6, 2023
I am so bullish.$ADA $SOL $MATIC $FIL $ATOM $SAND $MANA $ALGO $AXS $COTI $BTC $ETH
CoinMarketCap indicated at press time that the global crypto market cap stood at around $1.09 trillion at press time, which was a 3.73% decrease in the last day. Some of the cryptos that were mentioned in Gambardello’s post were Cardano (ADA), Solana (SOL), Bitcoin (BTC), and Ethereum (ETH).
The rest of the cryptos that the trader is bullish on are Polygon (MATIC), Filecoin (FIL), Cosmos (ATOM), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO), Axie Infinity (AXS), and COTI.
Gambardello also expressed his amazement towards the unity displayed in the crypto market over the past 24 hours, as all of the cryptos named in his tweet experienced significant losses during this period. The two market leaders, BTC and ETH, were trading at $25,775.14 and $1,816.10 after their prices fell 3.87% and 2.90% respectively.
Meanwhile, the Ethereum-killers SOL and ADA saw their prices drop 7.05% and 6.15%. Metaverse tokens followed the same trend resulting in AXS, MANA, and SAND all experiencing 24-hour losses. In addition, the collective market cap of metaverse tokens dropped more than 8% to $12,594,668,432.
At press time AXS was down 6.89% and MANA’s price was trading in the red at -11.08%. SAND’s price stood at $0.5234 after it plummeted more than 13%. Lastly, MATIC, FIL, ALGO, and COTI were down 6.09%, 7.70%, 8.66%, and 8.37% respectively.
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