Crypto trader and influencer Lark Davis has informed his followers about five altcoins that could make exponential profits during the current bull cycle.
In a recent YouTube video, Davis said he was chasing five small cap altcoins that had the potential to generate massive returns.
Davis highlighted SeaScape Network, a decentralized finance project (DeFi) that aims to unite games with cryptocurrency. He called the game industry “incredibly big” and found that the community naturally fits the blockchain world.
This is a gaming ecosystem platform for DeFi and non-fungible tokens (NFTs). So basically what we see here is that they are currently leveraging the hottest trends in cryptocurrency.
Davis also presented the recently launched Bridge Mutual Token (BMI), a decentralized insurance project that builds on the Polkadot network. The cryptanalyst said the project targets an underserved sector of the DeFi market by looking after insurance.
Davis was optimistic about the outlook for Sifchain Finance (ROWAN), an omni-chain DeFi exchange that supports cross-chain transactions. He noted that registration was closed for token sales but would open the retail market in the near future. He predicted that investors would likely benefit from the token hitting the crypto exchanges.
Davis also highlighted the Polkadot-built Paralink and the automated money manager DAOventures as two projects to watch out for.
He said of the latter:
You’re basically trying to make DeFi super easy for the average person to target the same market as something like yearn.finance (YFI) but it will provide a really easy way to do it.
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