Crypto offers an interesting paradox because it is predictable, cyclical and yet on a smaller scale widely unpredictable says Ben in his new top coins for March video. It’s starting to look like March is going to be an extremely bullish month for Bitcoin where we will see establish strong support above $50k. This will most likely be the start of the next wave of humongous altcoin movements.
The fourth pick and smallest allocation of the portfolio is Alpha Finance – $ALPHA, a DeFi project, 6.24% of Token Metrics portfolio is allocated to this coin. Alpha Finance Lab were exploited in a $37.5 million attack but are now back on the upside after having the issue sorted out. $ALPHA currently sits #124 on Coinmarketcap but Ben expects the token to be top 100 by the end of the month (4:17).
The third pick is Nord Finance (NORD) with an allocation of 15.09%. NORD ranks #947 on Coinmarketcap and has a market cap of only $6.3 million. It is the low cap gem of the month (5:03).
The second pick is TERRA – $LUNA with an allocation of 28.67%. $LUNA rise to #33 on Coinmarketcap ranking as gone unnoticed by most and it looks ready for another big move technically with coin price in consolidation after a huge break out (6:19).
The number one pick for the month is Bitcoin with an allocation of 29.3%. Ben says people should start stacking Bitcoin because the end of the month drop was vital for bullish action in March (7:39). Rest of the portfolio is liquid and is filled with stable coins Tether(6.69%), USDC(6.74%) and Paxos Standard Token(7.37%) to make trades at optimal times.
This episode premiered on March 1st, 2021