A widely followed cryptocurrency analyst says he’s long-term bullish on one gaming altcoin that’s flying under the radar.
Pseudonymous trader Altcoin Sherpa tells his 207,100 followers on the social media platform X that he thinks open-source gaming blockchain Beam (BEAM) will likely outperform other altcoins in the crypto subsector.
According to Altcoin Sherpa, he sees BEAM going “way higher” during this bull market cycle.
“BEAM: one of my big bets for gaming this cycle, bullish on this one. Wouldn’t advise you to buy around this region, would probably wait a bit more. That said, high time frame, I think this is going much higher.”
Source: Altcoin Sherpa/X
At time of writing, BEAM is trading at all-time highs at $0.102, up over 14% in the last 24 hours.
According to the pseudonymous analyst, BEAM is one of the altcoins alongside the blockchain oracle Chainlink (LINK) and the cross-chain decentralized finance (DeFi) project SuperVerse (SUPER) that witnessed a long accum
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