- YouTube channel Coin Bureau is bullish about ATOM, AAVE, and ALGO in 2023.
- ATOME attained its all-time high a year ago at $44.7 and has lost 80%.
- Aave trades at $55.58 after falling 92% from its $666.86 peak in May 2021.
Altcoin Daily, an influencer account on Twitter, asked Guy Turner, the founder of the famous YouTube channel Coin Bureau, what his top five picks would be in a 2023 bear market aside from Bitcoin (BTC).
Turner picked Cosmos (ATOM), the 24th-ranking crypto with the most considerable market value. The influencer said he loves ATOM because of the interoperability idea and the huge community behind the project.
According to the market tracking website, CoinMarketCap, ATOM trades at $9.07 with a 3% increase in the last seven days. The coin attained its all-time high a year ago at $44.7 and has lost 80%.
Turner’s next pick was Algorand (ALGO), adding that the coin could be a potential major player in the next bull market. ALGO currently trades at $0.1662 after attaining an all-time high of $3.28 four years ago and has lost over 95% of its value since then.
The Coin Bureau founder also picked Aave (AAVE), the decentralized finance protocol that allows people to lend and borrow crypto. Aave ranks among the top 50 coins with a total value of $783,463,116. It trades at $55.58 after falling 92% from its $666.86 peak in May 2021.
When asked about the current 9th largest crypto, Cardano (ADA), Turner expressed mixed feelings about the ADA project. He said:
I like Cardano, but I have a weird thing about Cardano: One day, I’m bullish about the coin, and the next day I start questioning it. I guess that was partly because of its large community.
ADA currently trades at $0.25, the first time in nearly three years, with a market cap of over $8,981,878,625.
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