Analyst Says Solana (SOL), Polygon (MATIC) and One Additional Altcoin To Come Out Alive From Crypto Bear Market

Analyst Says Solana (SOL), Polygon (MATIC) and One Additional Altcoin To Come Out Alive From Crypto Bear Market


A closely followed crypto analyst says that only a select group of altcoins will survive the bear market and recover in the coming years.

The pseudonymous analyst known as Altcoin Sherpa tells his 178,000 Twitter followers that he expects about 5% of altcoin projects to survive the current crypto winter.

The analyst names smart contract platform Solana (SOL), blockchain scaling solution Polygon (MATIC) and blockchain-based video game Axie Infinity (AXS) as projects that can stand the test of time.

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“Altcoins as a portfolio diversification is nearly always a bad idea in the bear market. Everything is going to dump the same –good projects, bad projects, etc. I’m guessing 5% of projects make it out alive and recover well for years to come after BTC bottoms.

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