Recently, crypto analyst Aaron Arnold, Co-Founder and host of the “Altcoin Daily” YouTube channel, named eight cryptoassets that have the potential to greatly outperform next month.
In a recent video, Arnold told the channel’s 519K+ subscribers about eight cryptoassets that he believes could experience exploding growth next month.
The first project Arnold mentioned was Bondly (BONDLY), a Polkadot-powered platform that supports DeFi and NFTs.
Arnold says that American YouTuber Logan Paul has been working with Bondly to “create his own line of Pokémon-inspired non-fungible tokens (NFTs)
The next project was Cardano (ADA). According to Arnold, Cardano creator Charles Hoskinson recently said in one of his videos that he would love to get Kiss bassist Gene Simmons to do an NFT. Interestingly, Simmons has been saying on Twitter that he has bought ADA. On February 21, Simmons said:
Arnold went on to say that if Simmons indeed decides to use Cardano to launch NFTs, that would be “incredibly bullish” for Cardano:
“I mean, Cardano’s got a great narrative going into March. ETH gas fees are high. People like Cardano. Celebrities are promoting it. Cardano is one to watch in March. It has yet to break its market structure. I’m bullish.“
The next cryptoasset mentioned by Arnold was Chainlink (LINK), which is powered by Ethereum. One of the things making Arnold bullish on Chainlink is the recent Off-Chain Reporting (OCR) upgrade. OCR “reduces on-chain gas costs by up to 90% and “enables Chainlink to bring 10x more data on-chain.”
The other cryptoassets mentioned by the crypto influencer were Tezos (XTZ), Umbrella Network (UMB), Orion Protocol (ORN), SuperFarm (SUPER), and Ethereum (ETH).
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Source: Read Full Article