Altcoin Daily moderator Austin Arnold has informed followers about a handful of crypto assets that he believes are about to take off.
In a recent YouTube video, popular trader and crypto influencer Austin Arnold highlighted a range of Altcoins and DeFi (Decentral Finance) products, citing Uniswap (UNI) as the number one project to watch out for. Citing a St. Louis Federal Reserve research report with Uniswap, Arnold predicted the price would continue to rise above $ 20.
“The fact that a branch of the Fed Reserve publishes reports on ETH and Uniswap, as well as Decentralized Finance (DeFi) and DEXes – that’s a pretty big deal, right.”
Arnold was also optimistic about the DeFi Curve Finance (CRV) project and the efforts of the development team to ensure integration with Polkadot.
“If you’re optimistic about DeFi, or DEXes in particular, look out for those who build and execute movements like Curve or Uniswap.”
Plasm Network (PLM) was listed on Arnold’s top altcoins list as the third project that recently raised $ 2.4 million from Binance Labs. Arnold called the project a bridge between Ethereum and Polkadot.
The Altcoin Daily host rounded out its top picks with Solana (SOL), Polygon (MATIC), Yearn.finance (YFI), AirSwap (AST) and LoopRing (LRC). Noticing that YFI was a worthwhile project for investors, Arnold noted how the development team reimbursed users $ 11 million from their treasury after a hack.
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