Cryptocurrency trader and YouTuber Tyler Swope names three relatively undiscussed altcoins that he believes will break out in the short term.
In a new video, Swope starts the list with LinkPool (LPL), Chainlink’s (LINK) node service provider, arguing that it is the most established project within the niche segment it occupies.
“LinkPool is undoubtedly the leading ChainLink node service provider. They operate the oldest and most professionally managed Chainlink nodes and created Chainlink Markets – the explorer for nodes and Chainlink price feeds. So you can consider LinkPool, the Robin to Chainlink’s Batman. They go hand in hand. “
The LPL token only recently hit the market in March, but the trader notes that unlike Chainlink, users can already bet on the LinkPool nodes.
According to Swope, Alchemist Coin (MIST) is another project that has the potential to melt faces in the next few months.
The non-fungible token (NFT) project, which is not yet listed on CoinGecko, could allow early adopters to receive limited edition NFTs called crucibles when the governance proposal is officially passed, and it likely will . These first version NFTs could be of great benefit to holders in the future as the protocol grows, notes Swope.
“The proposal is mostly yes and ended today. It has been suggested to limit Version 1 (first version) crucibles to those using the Terminal or Powershell – also known as technical users. As soon as the front-end user interface (user interface) is started, these users receive version 2 crucibles (second version) via this interface. The crucibles are NFTs, so a limited edition version 1 could be a valuable thing. “
The cryptocurrency trader and influencer names the application programming interface (API) for the decentralized infrastructure Pocket Network (POKT) as the third obscure altcoin, the price of which could rise dramatically.
Although the project is not yet affiliated with Ethereum (ETH) or CoinGecko, the use of Pocket Network has increased massively since its release, indicating enormous growth potential.
“… The network has crossed a billion requests and over 2,732 staked nodes since it was launched. It is used and used heavily. “
Don’t Miss A Beat – Subscribe to send crypto email notifications straight to your inbox
Follow us on Twitter, Facebook and Telegram
Surf the Daily Hodl Mix
Check the latest headlines
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trades are made at your own risk and that any losses incurred are your responsibility. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock / Dario Lo Presti / e71lena