On-chain analysis platform Santiment has revealed 5 altcoins offering the best buying opportunity following the recent downturns.
Santiment turned to the altcoin market in a March 20th social media post. While suggesting that the recent downturns could be just a correction, it was noted that 5 altcoins are providing good buying opportunities.
Santiment included Bounce (AUCTION), Lido Finance (LDO), OMG Network (OMG), Storj (STORJ), and Synthetix Network (SNX) in these altcoins.
It was stated that these projects have accumulated more liquidity compared to others and are positioned closer to the “pain” threshold, indicating a higher likelihood of recovery compared to the rest of the market:
In a zero-sum game like the crypto market, projects that provide minimal returns compared to the rest of the sector are more likely to have a more efficient recovery for those willing to buy the “bottom” in the projects where traders suffer the most pain. Some of the best candidates in this opportunity zone right now are BOUNCE, LDO, OMG, STORJ, and SNX.
