New Bullish Bitcoin And Ethereum Predictions Surface
More predictions about the price of Bitcoin and other digital assets have been popping up. Here’s another relevant figure that offers their thoughts on the prices for some important coins in the market.
Today, the crypto market looks really bloody, and apart from BTC which is trading in the green, lots of other coins are trading in the red at the moment of writing this article.
A new altcoin is undervalued
According to the latest reports, there’s an important crypto analyst and trader who pointed out a new altcoin that he believes is massively undervalued.
The pseudonymous analyst The Crypto Dog said on Twitter that the DeFi asset CREAM has a remarkably small market cap considering its huge potential.
Built a $CREAM position recently, I think this one is massively undervalued sitting at a $100M market cap and >$300M TVL right now and people are about to start noticing.
— The Crypto Dog📈 (@TheCryptoDog) September 10, 2020
Just in case you didn’t know, CREAM is a peer-to-peer DeFi ecosystem that allows users to “borrow supported crypto assets, stake tokens to earn rewards and exchange cryptocurrencies.”
The coin is also created in such a way to provide liquidity to assets that are not listed on huge exchanges in an effort to push financial inclusion, according to the notes from the online publication the Daily Hodl.
The strategist is also bullish on Bitcoin
He is also bullish on Bitcoin (BTC) and he believes that the bears are done doing damage.
“The hard part is over. After spending the last few days getting into positions, now all we have to do is hold our longs and watch the profits roll in. Comfy.”
At the moment, BTC is priced at $10,783.95.
Regarding Ethereum, he believes that ETH will soon hit $400 again. On CMC< ETH is trading in the red now, and the digital asset is priced at $361.61.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.