Cryptocurrency analyst and YouTuber Benjamin Blunts revealed five altcoins that he believes will perform better than Bitcoin. As we know Bitcoin now has a very high price.
This high price makes newbies who are just entering the crypto world sometimes hesitant. Is it necessary to buy Bitcoin as a mandatory asset when new to crypto and trying to find alternative assets whose prices are not as high as Bitcoin.
According to Benjamin Blints if Bitcoin continues up to $ 100,000 then there is a chance other assets will follow. He mentioned that on the first list is Ethereum or ETH.
Yes, ETH has followed Bitcoin for a long time. These assets also include existing players who have entered the market and are busy carrying out the renewal process.
“If Bitcoin doubles from here ($ 100,000). That means ETH will triple from here because it will outperform Bitcoin, "he said in a YouTube broadcast.
The assets created by Vitalik Buterin are in second place by market capitalization and have increased by about 560 percent in the past year while Bitcoin is in second place with 430 percent.
The next altcoin is the Chainlink (LINK) asset that stands on the oracle blockchain network which is predicted to experience a better increase than Bitcoin. Link's current top price is $ 44.40.
Another altcoin on Blunts' list is the decentralized SushiSwap (SUSHI) exchange. Blunts project that a decentralized exchange will be priced at around 70%, and this will result in a bigger profit when SUSHI is paired with a stablecoin.
The highest price for Sushi was recorded at $ 23.38
“Sushi is probably up about 70% or more against Bitcoin. So in USD value, maybe it could be even more, "he said.
The fourth asset is the DeFi lending project, namely Compound (COMP) according to Blunts will record a profit greater than the percentage of Bitcoin. Cryptocurrency analysts expect COMP to rally more than 160% against its flagship crypto asset.
Litecoin is the fifth altcoin that Blunts predicts will outperform Bitcoin and other leading cryptocurrencies by market cap. According to Blunts, “Litecoin will outperform many large companies in the short term.
These are the five crypto assets that Blunts says can outperform Bitcoin in terms of improvement. You can consider buying this asset because it is relatively cheaper than Bitcoin.
You can also buy crypto assets with the dollar cost averaging method or store crypto assets every month on the various crypto exchanges available.
