7 Altcoins Next Week According to Austin Arnold
The popular trader released his next video, where he talked about which crypto should be invested for profit in the near future
According to Arnold, seven cryptos look optimistic and have high potential in the next week. Here they are:
The developers of the project in May updated the protocol of the crypto. The converter between Ethereum and Cardano tokens will soon be operational.
This is very important for a token, but even better demonstrates the prospect of investments in ADA. After all, its blockchain will expand. There are already projects vying to become part of the Cardano ecosystem.
In this solution, Polygon which provides the service of scaling the original Ethereum with fast transactions and low commissions, for a week there were 75,000 more users. This led to a 67.5 percent increase in price for the week, although other projects lost up to 50%.
Cryptocurrency looks optimistic. Its growth over the past month has exceeded all expectations. Despite the recent loss of value, ETH is still leading. Excellent price support is the growth of the popularity of blockchain.
Polkadot (DOT) and Kusama (KSM)
The rapid launch of parachains makes investing in these tokens very profitable. Once the main Polkadot network is launched, the DOT price will get a powerful bullish boost.
The news that Tether will launch its token on the Avalanche blockchain makes you pay attention to this project.
The developers plan to launch MISO. This is a new program in which other projects will be able to place tokens on the cryptocurrency blockchain.
The current price of cryptocurrency can be found on the Huobi exchange. It is the world's largest crypto exchange with profitable trading offers and low commissions.
This review is not an advertisement or a recommendation to action, but merely an informational one. The publisher and the author are not responsible for your decisions.