Metaverse-focused token Decentraland (MANA) and two other altcoins are gearing up for a surge, according to a popular crypto trader.
Pseudonymous analyst Cantering Clark, with 160,400 Twitter followers, said MANA could be following in the footsteps of Filecoin (FIL), a peer-to-peer decentralized storage network that exploded above 62% last week. says.
“There are still some alternatives that hold significant levels that I haven’t written down yet, and MANA is one of them.”
At the time of writing, Ethereum (ETH)-based altcoin MANA is trading at $0.717, down nearly 2% on the day.
Next, crypto strategists say they are amassing Hooked Protocol (HOOK), a gamified social learning platform aimed at accelerating web3 adoption. According to Cantering Clark, HOOK could rise towards recent highs of around $4.
“I’ve added more to the HOOK here.
At the very least, it seems reasonable to return to the high price.
– new coins
-No blowouts yet usually lead to re-accumulation of new pairs.
As of this writing, HOOK is worth $2.86, beating Clark’s short-term support.
Another altcoin on the trader’s list is DYDX, the governance token of decentralized exchange dYdX. Cantering Clark said DYDX still looks bullish as he continues to trade above the multi-month resistance around $2.74.
“DYDX is still holding onto the upper end of the 9-month range and the chop can be aggressive and painful, but I think there is still some gas in this.”
At the time of writing, DYDX is trading at $2.99, down over 4% for the day.
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