These 4 Altcoins Could Explode if Binance Settles With the SEC
- An analyst from Discover Crypto predicted that MANA, COTI, ALGO and ATOM could surge soon.
- Before these altcoins can break out, the analyst said Binance will need to settle with the SEC.
- The SEC named 10 altcoins in its argument that Binance acted as a broker in the sale of unregistered securities.
An analyst from Discover Crypto predicted that Algorand (ALGO), Cosmos (ATOM), Decentraland (MANA) and Coti (COTI) could explode if Binance settles with the U.S. Securities and Exchange Commission (SEC). These altcoins were included in a list of ten cryptocurrencies that the SEC named as securities when accusing Binance of trading unregistered securities.
Looking at ALGO, the analyst revealed that there is room for the altcoin to make a move towards the upside. He did, however, warn that it may be best for investors to wait for a pull back before buying into the cryptocurrency. From a fundamental perspective, the analyst mentioned that the project has formed multiple partnerships with companies in India.
ATOM’s strong airdrop ecosystem attracted the analyst’s attention. He believes that ATOM will attract a lot of new investors as the bull market starts and n…
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