Analyst Says One Ethereum-Based Altcoin in Midst of Parabolic Surge, Predicts Rallies for Two Additional Crypto Assets - BitcoinEthereumNews.com
crypto EthereumAnalyst Sabi ng Isang Ethereum-Based Altcoin sa Gitna ng Parabolic Surge, Hinulaan ang mga Rally para sa Dalawang Karagdagang Crypto Asset04 / 25 / 2022Balita ng Ethereum ng Bitcoin A popular crypto strategist says hes keeping a close watch on one Ethereum-based altcoin that he says is going through a parabolic rally. Pseudonymous crypto analyst Altcoin Sherpa warns his 174,000 Twitter followers that shorting Kyber Network (KNC) while it is trading close to record highs is not a good idea for now. “KNC: Don‘t really think you want to long or short this thing in the short term. It looks parabolic and price discovery is always unpredictable. With that said, this is also going to be a glorious short eventually. I’d prefer waiting for the breakdown first.” Source: Altcoin Sherpa / Twitter Kyber Network is a decentralized, blockchain-based exchange that focuses on aggregating liquidity and facilitating instant swaps between ERC-20 tokens. At time of writing, KNC ay nagpapalitan ng mga kamay sa halagang $4.83. Another token on the traders list is ApeCoin (APE), an altcoin created for the Bored Ape Yacht Club non-fungible token (NFT) community. Altcoin Sherpa predicts that Unggoy will print new all-time highs. “APE: its probably going to soundly break all-time highs given