Recently, cryptanalyst Aaron Arnold, co-founder and moderator of the YouTube channel “Altcoin Daily”, named eight crypto assets that have the potential to outperform significantly in the next month.
In a recent video, Arnold told the broadcaster’s 519,000+ subscribers about eight cryptoassets that he believes could see skyrocketing growth over the next month.
The first project Arnold mentioned was Bondly (BONDLY), a Polkadot-powered platform that supports DeFi and NFTs.
Arnold says that American YouTuber Logan Paul worked with Bondly to “create his own line of Pokémon-inspired non-fungible tokens (NFTs).
& After the overwhelming success of my first NFT drop, we’ll also be posting my second round of NFTs through Bondly. Gold, silver and only 3 matt black. This Saturday is going to be legendary pic.twitter.com/e7oNdow9cc
– Logan Paul (@LoganPaul) February 25, 2021
The next project was Cardano (ADA). According to Arnold, Cardano creator Charles Hoskinson recently said in one of his videos that he would love to get Kiss bassist Gene Simmons to do an NFT. Interestingly, Simmons said on Twitter that he bought ADA. On February 21, Simmons said:
A few days ago I bought $ 300,000 worth of Cardano (ADA) for $ 0.90. It’s now about $ 1.10. If you’re interested in investing, this is your call. Just ask Google how to do it.
– Gene Simmons (@genesimmons) February 21, 2021
Arnold went on to say that if Simmons actually decided to use Cardano to launch NFTs, it would be “incredibly bullish” for Cardano:
“I mean, Cardano has a great story back in March. ETH’s gas fees are high. People like Cardano. Celebrities promote it. Cardano is one to see in March. It has not yet broken its market structure. I am bullish. “
The next cryptoasset mentioned by Arnold was Chainlink (LINK), which is operated by Ethereum. One of the things that make Arnold optimistic about Chainlink is the recent OCR (Off-Chain Reporting) upgrade. OCR “reduces gas costs in the chain by up to 90% and” enables Chainlink to bring 10x more data into the chain. “
Off-Chain Reporting is now available live on the mainnet and marks a significant improvement in the scalability of Chainlink’s Oracle network. OCR reduces gas costs in the chain by up to 90% and enables #Chainlink to bring 10x more data into the chain, accelerating the innovation of #DeFi and smart contracts. https://t.co/1Qu9DwgDpC
– Chainlink – Official Channel (@chainlink) February 24, 2021
The other cryptoassets mentioned by the crypto influencer were Tezos (XTZ), Umbrella Network (UMB), Orion Protocol (ORN), SuperFarm (SUPER) and Ethereum (ETH).
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment or other advice.