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Elite Analyst Shares Weekly Watchlist with $AVAX, $NEAR, $RUNE, $SEI and Other Tokens
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Market Musing-g

Elite Analyst Shares Weekly Watchlist with $AVAX, $NEAR, $RUNE, $SEI and Other Tokens

CaptainAltcoin
By CaptainAltcoin
Created 1 year ago, last updated 1 year ago
6 mins read
Elite Analyst Shares Weekly Watchlist with $AVAX, $NEAR, $RUNE, $SEI and Other Tokens
Miles Deutscher, one of the most popular crypto analysts on X with over 500,000 followers, shared his insightful weekly watchlist and market commentary. As Bitcoin enters price discovery, Deutscher believes many altcoins will continue their upward momentum. Let’s dive into the tokens and narratives he’s closely monitoring.

Crypto Gaming Tokens: $PIXEL, $MAVIA, $FP

According to Deutscher, the crypto gaming sector is gaining traction, with $PIXEL leading the rotation. He favors leaning towards sector leaders from a trading perspective. Additionally, Deutscher mentions $MAVIA, which has broken out of its accumulation range, and $FP (Forgotten Playland), a gaming project incubated by the Merit Circle/$BEAM team with a relatively low $45 million market cap compared to its $850 million fully diluted valuation.

Gaming Blockchain Tokens: $RON, $CHR, $AVAX

Deutscher is also interested in gaming-focused blockchain platforms, stating, “If the gaming rotation picks up some steam, I expect many people to flock towards infrastructure the plays.” He highlights $RON, $CHR, and $AVAX as potential beneficiaries, with Avalanche ($AVAX) pushing its subnets for gaming applications.

AI Narrative Tokens: $RSS3, $NEAR

Deutscher emphasizes the growing AI narrative, mentioning $RSS3 as a project utilizing AI for indexing, with its mainnet launch approaching and a relatively low $328 million market cap. He also notes $NEAR’s continued momentum, with the project’s founder speaking at the NVIDIA conference on March 18th.

$RUNE and $LENDS

Deutscher highlights $RUNE, the native token of Thorchain, as a Bitcoin-beta play due to its ability to lend with native Bitcoin collateral. He also mentions $LENDS, Thorchain’s flagship decentralized lending application, as a riskier but potentially rewarding opportunity.

Bitcoin Halving and BTC-Beta Plays: $STX

While upcoming events like the Bitcoin halving seem to have taken a backseat to hotter trends, Deutscher expects a rotation into Bitcoin-beta plays, with $STX (Stacks) being a prime candidate.

Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF?
The key? Getting in early, especially during the ICO phase. Check out NuggetRush today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. Seize the opportunity with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.
Show more +

$ARB Unlock

Deutscher discusses the upcoming $2.4 billion $ARB unlock on March 16th, one of the largest unlocks of 2024. He suggests monitoring $ARB for potential volatility and underperformance if the team doesn’t release positive news to offset negative flows.

$SEI Rotation

Deutscher senses potential underexposure to $SEI, the native token of Sei Network, despite its recent massive rotation. He anticipates a rotation from $SOL to other alternative Layer 1 solutions like $SEI, which is also one of the few MONAD (parallelization) proxies before its release.

Cautionary Note

Deutscher concludes by urging caution amidst frothy signs in the market, such as people flaunting wealth and relentless shilling. He advises laddering out and locking in profits for those with substantial gains.

Deutscher’s comprehensive watchlist covers a wide range of tokens and narratives, providing valuable insights for traders and investors navigating the the week ahead while Bitcoin’s smashing ATHs.

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