Pi Network price has imploded after the much anticipated mainnet launch on February 20th. It has crashed by over 50% in the last 24 hours, leading to a $6 billion wipeout as its market cap moved to $4 billion. So, let’s explore some of the best crypto coins to buy for 10x gains this year.
Crypto Coins to Buy After the Pi Network Crash
There is a significant risk that the Pi coin price will continue falling as it mirrors that of other tap-to-earn cryptocurrencies like Hamster Kombat and Notcoin. Other popular recent airdrops like Wormhole, Grass, and ZkSync have also plunged. Some of the top crypto coins to buy for huge gains are Litecoin (LTC), Polkadot (DOT), and Algorand (ALGO).
Litecoin (LTC)
Litecoin price has surged in the past few weeks as the possibility of a spot LTC ETF approval jumped. That approval will give it access to more Wall Street analysts. Technicals suggest that the Litecoin price is about to explode higher soon.
LTC has formed an ascending triangle pattern, a popular continuation sign. It has now moved above the upper resistance level of the triangle pattern and the 23.6% Fibonacci Retracement point.
Therefore, Litecoin price will likely continue soaring, with the next important level at $225, the 50% retracement level that is about 78% above the current level. Over time, the value of LTC will surge to a record high of $415. The bullish LTC forecast will be canceled if the coin drops below the support at $80.
Polkadot (DOT)
Polkadot is another good crypto to buy even as it sits near its all-time low. The most important fundamental catalyst is that it is going through the transition to Polkadot 2.0, which will make it a more vibrant Layer-1 network.
Polkadot price has also formed a quadruple bottom pattern at $3.65, a popular bullish reversal point. There are also signs that it is in a prolonged accumulation phase of the Wyckoff Theory.
This means that the DOT price may soon move to the highly bullish markup phase that is characterized by high demand. It will likely surge from $5.3 to the 50% retracement point at $30, up by 500% from the current level.
Algorand (ALGO)
Algorand is one of the top crypto coins to buy for huge gains after the Pi Network crash. Like Polkadot, it is a highly contrarian cryptocurrency since it has gone through a three-year consolidation phase.
Algorand price has formed a double-bottom pattern at $0.081, and whose neckline was at $0.30. It made a bullish breakout and then retested that neckline. A break and retest is one of the top signs of a bullish continuation. Therefore, ALGO price may surge to $1.55, up by 430% from the current level.
Other Crypto to Buy After the Pi Coin Crash
The other notable crypto coins to buy after the Pi coin crash are Solana, Cardano, Terra Luna Classic, and Mantra.
The post Avoid Pi Network and Buy These 3 Crypto Coins for 10x Gains appeared first on CoinGape.
