In a recent captivating live session, renowned crypto trader and host of BitBoy’s YouTube channel, Ben Armstrong, shed light on the altcoins destined to soar in the impending bull run. Here’s a deep dive into his predictions:
- XRP’s Rising Star
First on Armstrong’s radar is XRP, expected to dominate the crypto market. Validating this, he spotlighted his August 19 retweet of journalist Eleanor Terett, critiquing the SEC’s controversial view on Ripple (XRP). Captioned “XRP to the moon,” this sentiment aligns with fellow crypto YouTuber, A Chain Of Blocks, who sees XRP’s current pricing patterns echoing those before past bullish phases. And if Egrag Crypto’s analysis rings true, the token may skyrocket to an impressive $27.
- Stellar (XLM) Gains Momentum
Armstrong highlighted Stellar’s growth, reinforced by the Stellar Development Foundation’s (SDF) recent announcement. On August 15, SDF, responsible for the Stellar network that streamlines international transactions, confirmed its role as a minor stakeholder in the acclaimed payment giant, MoneyGram International.
- Solana (SOL) and the X (formerly Twitter) Equation
Armstrong anticipates record-breaking highs in a thrilling potential pairing if Solana integrates with X. Echoing this, Elon Musk’s April hints about DOGE payments for Twitter Blue led to a 10% token price hike within a day. Although August debunked integration rumors, a Forbes article stated that embracing crypto seems like “the next logical move for X.”
- Chainlink (LINK) on the Horizon
LINK is another contender Armstrong expects to flourish. Michael van de Poppe’s tweet on August 17 pinpointed LINK’s steady path, with prominent resistance just over the $8 mark.
- Hedera (HBAR) Gaining Traction
HBAR has been making waves, wrapping up Armstrong’s list, recently clocking over 18 billion transactions, and achieving a $35 million TVL. The Altcoin Buzz YouTube channel also spotlighted Hedera Hashgraph’s potential to surpass even Solana.
Armstrong’s insights provide both seasoned crypto enthusiasts and newcomers with a roadmap of what to expect in the dynamic world of altcoins potentially. As the digital currency landscape evolves, staying informed and tuned to expert perspectives like Armstrong’s becomes increasingly essential.