Jason Pizzino, a well-known cryptocurrency analyst and trader, has suggested that investors move their focus towards newer alternative cryptocurrencies (altcoins) for potentially higher returns. In contrast to the established cryptocurrencies of past market cycles, Pizzino believes these fresh altcoins have a greater likelihood of appreciating in value. Specifically, he endorses three altcoins that he believes are poised for growth.
New Altcoins on the Rise
During his latest YouTube video session, Pizzino advised his audience to shift their investments from older altcoins to those that have emerged more recently. He argued that legacy cryptocurrencies have lost their momentum, and thus, newer alternatives offer a better chance for significant gains. Pizzino highlighted coins such as Render (RNDR), Celestia (TIA), and Sui Network (SUI) as examples of promising investments.
Performance Overview of Selected Altcoins
Pizzino points to Render as a decentralized platform that supports three-dimensional rendering tasks, which recently joined Coinbase‘s listing roadmap. RNDR, Render’s native token, showed a price increase of 2.54% at last count. Celestia, another platform he mentions, enables the creation of custom blockchains and saw its TIA token rise by 3.80%.
Lastly, he discussed Sui Network, a competitor to Apatos that offers low latency and high efficiency through a delegated Proof of Stake consensus mechanism. Sui Network’s asset, SUI, also experienced a modest uptick in value, trading 0.96% higher recently.