Renowned cryptocurrency investor Altcoin Sherpa suggests that the markets may be on the hunt for a bottom. He emphasizes the potential for growth in various altcoins, particularly those driven by artificial intelligence, signaling optimism for select projects. Sherpa points to KAITO and ARC ($0.17) among others as having significant future potential, while also sharing his mid-term portfolio preferences.
Target Prices for KAITO and ARC
Sherpa notes that the current price of the AI-powered Web3 information platform KAITO is at $2.09. He predicts a rise of approximately 20% if the price surpasses $2.50. He stresses that Bitcoin $83,274 maintaining stability is crucial for this scenario to unfold, indicating a cautious but optimistic outlook for KAITO.
Additionally, he mentions that ARC token might be at its local low. Currently trading at $0.22, the token is demonstrating a strong …

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