Altcoins Ranging from Polkadot (DOT) to Aleph Zero (AZERO) and CorgiAI (CORGIAI) Feel the Heat

This week is the start of the holiday marathon, so no significant economic events are expected. Except that on December 28, economists expect the ever-imporatnt U.S. initial claims for unemployment benefits to be released. The previous value was 205,000, the forecast is 211,000.

Bitcoin (BTC) is still trading with a waning momentum into the holidays. It is now at $43,600, up more than 5% since the end of the previous week. Technical analysis shows a high likelihood to see a risk in a transitory decline to approximately $42,860 between December 25-28 due to profit taking. But in general, cryptoexperts believe that BTC has not yet exhausted its potential, and en-route to renewing its annual maximum.

Experts keep drawing attention to the increased interest in altcoins. Popular analyst Michael van de Poppe announced that the end of this year and the beginning of 2024 is the best time to buy altcoins. Among the ones fundamentally the most interesting and/or possessing the strongest momentums are CorgiAI (CORGIAI) and Polkadot (DOT). In addition, other cryptocurrencies like Astar (ASTR), Chainlink (LINK), Kusama (KSM), 0x (ZRX), Moonriver (MOVR), Aleph Zero (AZERO) and OriginTrail (TRAC) — are all “feeling the heat while feeling the beat”.