The post Miles Deutscher Reveals Altcoins Set for Retail Market Surge appeared on BitcoinEthereumNews.com.

Prominent cryptocurrency analyst Miles Deutscher has pinpointed a list of altcoins he believes are poised to outperform as retail interest surges back into the market. According to Deutscher, retail investors are taking the “path of least resistance,” favoring easily accessible coins listed on major centralized exchanges (CEXs) like Binance, Coinbase, Upbit, and Robinhood. Retail Interest Fuels the Crypto Market Deutscher points to a spike in Google search volumes for cryptocurrencies as evidence of rising retail interest. As new investors flood the market, they tend to gravitate toward well-known platforms and straightforward investment options. Coins like Ripple (XRP), Cardano (ADA), and Algorand (ALGO) are now gaining attention due to their widespread availability on major exchanges. Of note is that these altcoins have been underperforming in recent months. “It’s obvious which altcoins are going to outperform this cycle…There are 16,057 cryptos listed on CoinGecko, but I’ve narrowed it down to just 90. These are the alts with the BEST chance of catching a huge retail bid,” Deutscher stated. Spike in Google Search Volume for Altcoins To identify the altcoins with the best chances of success, Deutscher leveraged data from the APIs of top exchanges. He then created a custom spreadsheet of 90 tokens. Among the standout picks are Aptos (APT), Dogecoin (DOGE), Chainlink (LINK), and Near Protocol (NEAR). Others include Solana (SOL), XRP, Ondo Finance (ONDO), Pepe (PEPE), Sei (SEI), and Stacks (STX). “These coins have maximum global accessibility because they are listed across all major exchanges. If retail wants to bid on altcoins, those with the easiest access will perform the best. Coins like APT, DOGE, and SOL check all the boxes for accessibility, volume, and retail interest,” Deutscher emphasized. Why Accessibility Matters: Risk and Opportunity Deutscher argues that accessibility is critical in driving retail investments. Exchanges like Binance and Coinbase…

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Filed under: News - @ December 12, 2024 1:25 pm