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A well-known analyst and investor, whose reputation has risen as a result of his successful altcoin estimates, has disclosed a list of six crypto assets he claims are about to skyrocket in value.
In a new tweet, the trader known in the industry as Kaleo declares that he is long on utility token Binance Coin (BNB), believing that a breakout might propel the third-largest crypto asset to $800, marking nearly 200 percent returns from its current price of $272.
“BNB anddddd it’s breaking out. Now if we could just get a move similar to the last one.”
Another coin on Kaleo’s radar is PancakeSwap (CAKE), which is striving for an all-time record (ATH) of $21.41.
“I like cake, so I bought CAKE… CAKE almost back to the old ATH.”
BitTorrent (BTT), a peer-to-peer file sharing token, is next on the list, with the broker predicting that it will surge more than 230 percent from its current price of $0.003 in the short term.
“BTT finally looks ready to rip… Break through ATH accumulation and send it to a penny.”
Coming in at number four is forgotten smart contract platform EOS.
“EOS somehow doesn’t look like complete sh*t. I grabbed a bag.”
According to Kaleo’s map, EOS could be preparing for a significant uptrend after carving a local bottom.
The fifth coin on the trader’s list is peer-to-peer data storage payments coin Siacoin (SC), which he acquired in expectation of major losses against Bitcoin (SC/BTC).
“Just opened a long. Funny enough, the price is actually almost exactly what it was 4 years ago in March of 2017 before it erupted. This should be one of those buy a small bag and forget about it until it takes off plays, similar to what DOGE (Dogecoin) was last year.”
Dent (DENT/USD) is the final token, a foreign swap for mobile data based on the Ethereum blockchain. The investor believes it is only a matter of time before the cryptocurrency asset explodes.
“I also picked up a bag of DENT I plan on holding. Still a 10x away from ATH, and same theory as SC/BTT, etc. It’s low sat sh*tcoin season.”