Get ready to dive into the volatile world of altcoins! With a history of bullish performance in February, crypto investors are starting to explore altcoins to maximize profits. As altcoins are more volatile, the potential for profit is even greater for traders.
Despite the risk, altcoins can bring in significant returns over a short period. Here are the top 10 altcoins you should consider buying this month:
With the talks of Ethereum ETF coming in May 2024, Ethereum Classic has the potential to showcase much sharper moves. It is currently showing lower price rejection from the 50-day EMA, indicating a likelihood of an uptrend continuation.
As the second biggest meme coin per market cap, Shiba Inu is well-known for sharp and quick moves of high returns on either side of the Y-axis. Anticipations of a bullish February will likely fuel a positive move in Shiba Inu.
Chainlink is also showing a bull run possibility with a breakout this month. With the LINK price action maintaining a channel pattern and rising volume, the potential for a breakout is high.
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