A popular crypto analyst is highlighting five altcoins that he believes are performing well despite the volatile market conditions.

Altcoin Sherpa, a pseudonymous trader with a following of 217,200 on the social media platform X, has identified several cryptocurrencies that he considers to be bullish in the current range-bound market. These include layer-1 protocol Injective (INJ), cross-chain protocol Wormhole (W), data democratization project JasmyCoin (JASMY), Bitcoin (BTC) layer-2 scaling solution Stacks (STX), and layer-1 blockchain Toncoin (TON).

Altcoin Sherpa advises his followers to keep a close watch on these coins for potential trading opportunities, noting that many other assets in the market are not performing well at the moment.

Among his top picks is Wormhole, which he describes as one of the strongest coins currently. However, he cautions that there is still a possibility of a pullback and advises traders to wait for a breakout before making a move.

Wormhole is currently trading at $0.644, showing a slight decrease in the last 24 hours.

Turning his attention to JASMY, Altcoin Sherpa expresses optimism about the token’s strength and predicts that it could rise to $0.067 before experiencing a significant pullback.

JASMY is currently trading at $0.0397, reflecting a 5.25% increase in the last 24 hours.

Altcoin Sherpa’s insights and recommendations provide valuable information for traders looking to navigate the volatile cryptocurrency market. It is important for investors to conduct their own research and exercise caution when making high-risk investments in digital assets.

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