Altcoin Strategy to Beat Bitcoin
The post Altcoin Strategy to Beat Bitcoin appeared on BitcoinEthereumNews.com.
Bitcoin has claimed the $2 trillion valuation after claiming $101K in the past day. Top large cap altcoins to look out for: ENS, OP, TIA, and TAO. Top low cap altcoins poised for growth: REZ, RPL, OMNI, and AEVO. Rotating between large-cap and small-cap coins might be the key to outperforming Bitcoin in the current crypto market. Bitcoin (BTC) has surged above $100,000 in the past 24 hours, trading at $101,617.37 at the time of writing. Not just that, the digital asset has reclaimed the $2 trillion valuation and is just around 2% lower than its all-time high of $103,900. Since December last year, the digital asset has climbed 137.5%, according to CoinGecko. For investors looking to outperform Bitcoin, diversifying your portfolio then becomes a must. Balancing large-cap altcoins for stability with low-cap altcoins for their explosive growth potential could be the winning strategy in today’s crypto market. Bitcoin Accumulation Rises Furthermore, the chart below shows Bitcoin accumulation on the rise following the recent market crash where the leading digital asset had dropped to the $94,000 price level. The increasing volumes suggest the BTC bull market is here to stay, at least for now. Rotating Between Large and Small Cap Coins To outperform Bitcoin and maximize altcoin profits, should investors rotate between large and small cap coins? A mix of large-cap altcoins for safety and low-cap altcoins for volatility and explosive gains can generate massive returns on crypto investments. Read also: ETH/BTC Hits Key Trendline as Altcoins Face Flash Crash Some large-cap altcoins with significant potential include Ethereum Name Service (ENS), Optimism (OP), Celestia (TIA), and Bittensor (TAO). Low-cap altcoins with strong chances of a price surge include Renzo (REZ), Omni Network (OMNI), Rocket Pool (RPL), and Aevo (AEVO). A portfolio that combines these digital assets can produce monumental profits.…
Filed under: News - @ December 14, 2024 3:21 pm