The recent events in the market have prompted my attention to some of the altcoins that have performed alongside Bitcoin, such as Ethereum and some other me coins that gave their investors some level of profits within the short term that Bitcoin took a dramatic shift in price from 25k to around 30k which is a significant good amount and that will promote some desire to invest in some other altcoins that followed the trend giving their holder some level of profits in the short term.
This situation pushed me to ask this simple question.
What altcoin is the best for short-term speculation, some of my friends offline have speculated people but then I don't have much faith in meme coins.
For meme coin like PEPE, I have probably answered similar posts many times, for me this meme coin only lasts for a short time and if the price falls very far. This coin only relies on hype from figures who have influence in the world, for example Elon Musk, hype from influencers, the more news spreads about this coin, the more the price goes up, that's what I think. I was not surprised by that because previously I had heard the issue of BTC increasing too. BTC prices of 25k to around 30k, I think last year the phase was also very different in price alone. The point is that prices rose slowly in August and are now above 30k. In essence, the price of BTC rose in phase 4.