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Top Crypto Trader Names Two Well-Performing Altcoins ‘Of Two Worst Weeks’

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Fri, 03/06/2020 - 13:14
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Vladislav Sopov
It is through profitable deals in hard times that a splendid trader becomes known. Scott Melker names his two favorite assets in the ongoing bearish market depression
Top Crypto Trader Names Two Well-Performing Altcoins ‘Of Two Worst Weeks’
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Seasoned crypto trader and advisor Scott Melker admitted that the last two weeks have been among the worst the global markets have ever seen.  Nevertheless, he managed to find profitable crypto investment opportunities within the bleeding market.

Gems of the hard times

Mr. Melker claimed that even within the market recession, a trader’s portfolio may see brilliant gains if equipped with the right assets. For the past two painful weeks in the global markets, he highlighted Hedera Hashgraph (HBAR) and Coti (COTI).

Hedera Hashagraph (HBAR), the native crypto token of the Hedera public network, has gained 58.3% in the past seven days. Coti (COTI), the asset from the COTI payment solution powered by a multi-DAG (directed acyclic graph) data structure, rallied 78.9% within a similar period.

Week of Indian pumps

Furthermore, Hedera Hashgraph (HBAR) and Coti (COTI) are not the only assets that could have made their owners richer. Following news about the Indian crypto ban removal, native assets of the top exchange and the most influential blockchain start-up in the country – WazirX (WRX) and Matic Network (MATIC) respectively – skyrocketed within hours.

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WazirX's (WRX) bullish run is particularly exciting as it has continued pumping for three consecutive days, gaining an enormous 143.5%, sitting only 9% from its all-time high. The Matic Network (MATIC) ended its bullish run yesterday with combined gains of 61.7%.

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About the author

Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.

Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)