Home Editor's Pick 3 High Gaining Altcoins to Sell Now, Before it Too Late

3 High Gaining Altcoins to Sell Now, Before it Too Late

by

3 High Gaining Altcoins to Sell Now, Before it Too Late

The crypto market demonstrates steady improvement as multiple alternative tokens show major price increases. TON, SUI, and Pi have emerged as top performers in the market by recording impressive growth during the previous 24-hour period. The value of Bitcoin (BTC) remains near $87,000 at present. These altcoin to sell have driven the price movement of today’s market performance.

The current state of the cryptocurrency market demands careful investment decisions since these digital assets seem to have achieved their maximum value for the time being. Making a profit through selling becomes advisable just before major market adjustments take place. Keep track of market dynamics because this current increase might prove short-term in nature. Crypto enthusiasts who want to benefit from recent increases are currently prioritizing the identification of altcoins to avoid.

Altcoins to Sell: PI Nertwork (PI)

The Pi price achieved a 5% growth during the last 24 hours. The market rise positions Pi Network among the strongest altcoins to sell right now because additional downward movements are expected. The short-term price increase fails to negate the prevailing downward movement of the market. 

The price for Pi Network reached its highest point at almost $3 one month ago yet has since settled at $0.80. The Pi has suffered over 20% deficit during the previous week. Millions of cryptocurrency investors cannot access Pi coin because the coins are not available on key exchanges including Binance, Coinbase and Upbit.

Toncoin (TON)

Toncoin (TON) experienced a 7% price increase during the recent 24-hour period and currently ranks among the leading performers. 

The cryptocurrency keeps delivering better performance than the overall market mainly because The Open Network blockchain successfully obtained over $400 million in funding. At the time of writing, the TON price was trading at $3.85, making a strong surge in the past day.

The price surge of Toncoin came shortly after Pavel Durov left France leading to greater project acceleration. 

Expert opinions indicate Toncoin will experience a price correction while speculators must assess if it will join the group of lucrative altcoins that should be sold before it reaches its peak value.

3 High Gaining Altcoins to Sell Now, Before it Too Late
Source: TradingView

Sui (SUI)

Sui (SUI) has just broken out from a downward-sloping resistance trend line which suggests a major shift in directional trends. The current market price of SUI stands at $2.70 with a 5% rise in value. 

The price has recently broken above a declining short-term resistance line but the unbroken long-term trend keeps demonstrating that the major trend is still in play. 

SUI maintains strong momentum from its upward trajectory however its price may experience an upcoming correction. The market position of SUI is demonstrated by its $1.24 billion total value locked amount. Before investing, individuals should evaluate the market conditions.

3 High Gaining Altcoins to Sell Now, Before it Too Late
Source- DefiLiama

Final Thoughts

As the market stabilizes, it’s important to consider which altcoins to sell. Selling these high-gaining altcoins now could help maximize profits before a possible downturn.

The post 3 High Gaining Altcoins to Sell Now, Before it Too Late appeared first on CoinGape.

You may also like