Institutional investors are returning to the crypto market, solidifying predictions of a major bull run in the second half of 2023. As in previous bull cycles, investors are keen on discovering the cryptos analysts are picking for the next bull cycle. In this article, we will discover the crypto analysts are picking between PancakeSwap (CAKE), Tradecurve (TCRV), and LidoDAO (LDO).
What is the Upside Potential of PancakeSwap (CAKE) in 2023?
Although cryptocurrencies started June in bear territory, the first half of the year has been predominantly bullish, with the global crypto market cap rising by more than 55%. That has not been the case with PancakeSwap (CAKE), as the decentralized exchange (DEX) has slowly lost its appeal among cryptocurrency traders.
Since the start of 2023, the price of PancakeSwap (CAKE) has plunged by 53%, and the future doesn’t look bright. With traders leaving the DEX, crypto analysts suggest that the price of PancakeSwap could plunge even further in the second half. While PancakeSwap (CAKE) trades at a discount, analysts are avoiding the token because its buyers’ bearish metric sentiment metrics have plunged by 39.16%.
What is the Upside Potential of LidoDAO (LDO) in 2023?
Lido DAO has fared comparatively better than PancakeSwap in 2023. Year-to-date, the price of Lido Dao (LDO) has increased by 74.5%. Lido Dao greatly benefited from the release of staked Ethereum earlier this year, but what are analysts saying about its upside potential?
Going into the second half of the year, analysts have predicted a fair buy opportunity for Lido DAO (LDO). Analysts are not widely bullish about Lido because more of its users are expected to withdraw their ETH from the platform In the second half. Currently trading at $1.89 per token, Lido DAO (LDO) is expected to peak at $2.6 in November 2023. Going by this, analysts expect between a 40-50% price increase for Lido DAO.
Looking for a sign to invest in #Tradecurve? 👀
Well, here it is! 💎
Be one of the first to enter the exciting world of #Tradecurve and unlock the potential for financial growth. Don't miss out! 🚀
Website: https://t.co/uXZ4W6GEHc#TCRV #InvestNow #FinancialGrowth #GetOnBoard pic.twitter.com/1EohGtJG7f
— Tradecurve (@Tradecurveapp) June 29, 2023
What is the Upside Potential of TCRV (TCRV) in 2023?
The bullish outlook gets even stronger with Tradecurve (TCRV). Over the last month, the price of Tradecurve has increased by 80% as the token rallied to set a new high at $0.018. Despite what is already a strong bullish performance, market analysts expect the price of TCRV to rally by more than 50x and peak as high as $1.5 per token by November 2023.
Analysts are stacking up on TCRV tokens largely because of the utility of its parent exchange platform. Tradecurve is a hybrid exchange that strikes the perfect balance between decentralized and centralized exchanges, and analysts have projected that this exchange would be the new home for crypto traders in 2023. Hence, the super bullish predictions for Tradecurve.
Which Crypto Are Analysts Picking in 2023?
With the price prediction of PancakeSwap putting CAKE in grave peril, it is obvious why analysts are skipping the crypto. While Lido DAO has performed strongly in 2023, analysts have gone for Tradecurve instead, stacking up the token ahead of the predicted 100x price rally. You have a unique opportunity to join them as Tradecurve is offering a 50% purchase bonus for every TCRV token until July 3.
