High volatility hours continue for BTC and the chart is choppy ahead of data arriving on Friday. BTC is back to $61,000. Altcoins continue the day in red again. Today we will discuss the opinions of different cryptocurrency analysts for ZRO, EIGEN, SUI and BTC. Although these predictions do not have to come true, they are important in that they offer investors a different perspective.
ZRO and EIGEN Coin
Both are new altcoins and previous cryptocurrency If you remember the bulls, you will see that such tokens bring huge profits. For example, in 2021 SOL Coin It experienced massive gains, and few investors realized its potential as bull markets began. Of course, it is not possible for all new altcoins to chart like SOL Coin during the rise period. So, what does the analyst with the pseudonym Daan Crypto Trades think about ZRO and EIGEN?
Although he says that their current situation is not great, he reminds us not to be judgmental about their potential.
“EIGEN Market Value = $667 million
ZRO Market Value = $485 million
Can they gain a place among the top 100 cryptocurrencies? No, even if they were together, they could barely make it happen.
Yes, both have much higher fully diluted values that will matter eventually. However, FDV is not very meaningful without unlocking large investors by the 2nd and 3rd quarter of 2025.
Seeing the money these projects raise and the brand awareness they have, I feel like both of these will benefit greatly if the market sees long-term upward momentum. Eventually investors/teams will need liquidity for exit. It is true that these coins are not such a bad alternative right now considering their low float/high FDV aspect.
Two coins that I will definitely keep on my watch list for the coming months. I think they will do well on market-wide bounces. “I’m mostly interested in trading these coins, I’m not sure about holding them long term.”
Bitcoin and SUI Coin Chart
Mister Crypto still owns the shares. Bitcoin 
$61,635 (BTC) but that will change soon. cryptocurrencies Even though there are assets with much higher volatility, risk appetite has been undermined as investors have suffered losses in every attempt to rise for 2 quarters. This left crypto weaker than stocks.
The analyst sharing the BTC/SPX chart below expects a break in favor of BTC again.
CryptoBullet is pleased that the chart it previously shared reached its goal. Since publishing the previous chart SUI Coin increased by 93 percent. A major rally again to $5.7 followed by an intermediate correction with the analyst’s current target.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
