Crypto Analyst Names Four Altcoins He Is Very Bullish On

Recently, popular pseudo-anonymous crypto analyst and trader “Kaleo” talked about four altcoins he is excited about.

In a tweet published March 7, Kaleo predicted FTX Token (FTT), the native asset for derivatives exchange FTX, would take off in the coming months. Kaleo said the coin was poised to make a run to $100 according to their latest chart. 

In a subsequent tweet, Kaleo claimed FTT was their biggest “spot bag” outside of Bitcoin. 

The trader also highlighted BitMAX Token (BTMX), the native coin for crypto exchange BitMax. Kaleo claimed BTMX was “primed” to continue a bullish run alongside the majority of exchange tokens. 

Another altcoin on Kaleo’s radar is FLOW, which is “the native currency for the Flow network, the exclusive token for staking, governance, payment of transaction fees, and the principal reserve asset on the network.”

Finally, we have Enjin Coin (ENJ). The Enjin Platform “allows you to create and manage blockchain games without the complexity of building and maintaining your own blockchain infrastructure.” According to Binance Research, ENJ is “an Ethereum-based cryptocurrency that is used to directly back the value of next-generation blockchain assets.” Kaleo said that ENJ seems to be getting ready for a breakout.

Featured Image Credit: Photo via Pixabay.com

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

Source: Read Full Article