Despite the current market volatility, a prominent cryptocurrency analyst has identified five altcoins that are showing remarkable resilience. The analyst, known as Altcoin Sherpa, highlighted Injective (INJ), Wormhole (W), JasmyCoin (JASMY), Stacks (STX), and Toncoin (TON) as the top performers in the current market.

Wormhole and JasmyCoin Stand Out

According to the analyst, Wormhole (W) is one of the strongest coins in the market, with a potential pullback and consolidation phase on the horizon. Despite a recent price drop, W remains a promising choice for active traders. JasmyCoin (JASMY), on the other hand, has an "extremely strong" outlook, with a potential rise to $0.067 before a significant correction.

Market Performance

Wormhole (W) experienced a sharp decline following the analyst's statement, falling over 15% to $0.5545. Its market cap dropped below $1 billion, while the 24-hour trading volume increased by 23% to $158 million. JasmyCoin (JASMY) continues to trade at $0.03876, with a 0.3% drop in the last 24 hours, showcasing its resilience in the face of market decline.

Conclusion

The analyst's spotlight on these five altcoins highlights their potential to weather the current market storm. Despite the volatility, Injective, Wormhole, JasmyCoin, Stacks, and Toncoin are showing promising signs, making them worth watching for active traders and investors alike."