Analyst Shares List of 5 Altcoins To Look Out For In March
- Some of the altcoins on this list include ADA, OP, and MATIC.
- ANKR and STX are both currently down by more than 7%.
In one of its latest YouTube videos, a crypto news and analytics platform CryptoBusy shared some of the best altcoins to keep an eye on in March 2023. Some of the altcoins included on the list is Optimism (OP), Ankr (ANKR), Stacks (STX), Polygon (MATIC), and Cardano (ADA).
According to CoinMarketCap, OP is currently trading hands at $2.78 after a 5.43% drop in price over the last day. The altcoin is, however, still in the green by more than 10% over the last week.
CryptoBusy believes traders should keep an eye on OP throughout March as the price of the crypto could see a decent increase. This is mostly due to the fact that Coinbase launched an ETH Layer-2 network based on Optimism.
The second altcoin to look out for is ANKR.The crypto is worth about $0.0405 after a 7.17% drop in price over the last 24 hours. CryptoBusy sees potential in this crypto because of its recent partnership with Microsoft to offer enterprise node services.
Third on the list is STX. The crypto experienced an unfortunate price drop of more than 7% over the last day and now trades at $0.859. The crypto is, however, still up by more than 19% over the last seven days.
Traders should also look out for changes in MATIC’s price. CryptoBusy believes the project’s many new partnerships and the zkEVM launch will count in favor of the crypto this coming month. MATIC is trading at $1.22 after a 2.45% drop in price.
Last on CryptoBusy’s list is ADA. Although February was a tough month for ADA, many still believe that March could be even worse for the Ethereum-killer. CryptoBusy believes that when it comes to ADA, it is better to think long-term. ADA is currently worth about $0.3614 after a 0.05% increase in price.
Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.