ADA Price – Altcoin Daily’s Top 6 Altcoins on Coinbase before going public

  • Altcoin Daily’s Austin Arnold listed the six most explosive altcoins on the Coinbase exchange, including Uniswap, UMA, Decentraland, and Chainlink.
  • Coinbase recently announced that its stock will debut on the Nasdaq on April 14th, which experts say could draw a lot of attention to the industry.

Coinbase has confirmed that it will be listed on the Nasdaq exchange in two weeks. The exchange, the largest in the US, will open on April 14 under the Fintech Zoom symbol COIN. Coinbase is said to go public via a direct listing in which no new capital will be raised. In the last week of trading on the private Nasdaq market, the value was estimated at $ 90 billion.

The IPO is of huge importance to the entire cryptocurrency industry, believes Wall Street titan Tom Lee. The founder of Fundstrat Global Advisors told CNBC, “I think when people go through S1 [the SEC filing companies use to go public]You will find that Coinbase is probably one of the five most profitable exchanges in the world. You could make more money than Nasdaq. “

The 6 most explosive altcoins on Coinbase

In light of the announcement, Altcoin Daily examined the six most explosive cryptocurrencies trading on Coinbase. The first is Chainlink (LINK), a blockchain oracle network that has become one of the most valuable cryptocurrencies. The project recently announced that it will publish its Chainlink price feeds as a module for the Substrate blockchain framework. In essence, this means that projects built on Polkadot or Kusama parachutes can incorporate Chainlink oracles in a simplified way.

“I can see integrations with the Chainlink ecosystems get a lot bigger later this year,” said Austin Arnold, founder of Altcoins Daily, of his 619,000 subscribers.

Arnold also praised Cardano as one of the cryptocurrencies with the greatest potential. Cardano is working to enable developers to use a variety of programming languages ​​to build on their network. Its direct rival, Ethereum, only allows developers to build using its Solidity programming language.

You can write smart contracts on #cardano in 6 MONTHS in the following languages:

-C ++
-C #

Languages ​​marked with an asterisk are also available on #ethereum.

I don’t know how much clearer that can be. $ ADA

– Ap ₳ DA Ape🌍 (@TheADAApe) April 1, 2021

In third place on its list is the cryptocurrency UMA (Universal Market Access). UMA allows users to create custom synthetic assets that can be used to track the price of anything. “It automates and decentralizes something that the traditional market already has. Only now there will be no gatekeeping. Think of this as very similar to Synthetix, ”explained Arnold.

Altcoin Daily is also keeping an eye on Decentraland, a character that is powering a decentralized digital real estate market. According to Janine Yorio, the project leader, Decentraland’s current investors are similar to landowners in 18th-century Manhattan.

Top DeFi coins

No list of explosive cryptocurrencies is complete without including the DeFi ecosystem. According to Altcoin Daily, Yearn Finance (YFI) is one of the DeFi tokens with the most explosive potential.

To answer the question of whether people actually use / find value in the log, the answer is yes. In fact, the value locked in Yearn by vault type is at an all-time high, even higher than at the end of 2020. However, the value of the YFI token has not yet returned to an all-time high.

In addition, Yearn Finance has continued to work with other players in the ecosystem to further increase the returns for their users.

12 / To further increase the yield, you can use the Yearn ecosystem partner @picklefinance to automatically harvest the rewards and combine them with additional cucumber on top. The Pickle Farm earns 39.32% APY. 🍣 🥒🦙

– (@iearnfinance) March 30, 2021

The second DeFi token on Altcoin Daily’s list is Uniswap. As reported by CNF, Uniswap recently announced UNI-V3 to consolidate its position at the top. The most notable upgrade is 4,000 times capital efficiency. In addition, there will be flexible fees and advanced oracles.

ADA Price – Altcoin Daily’s Top 6 Altcoins on Coinbase before going public