A popular crypto strategist says three altcoins, including Polygon (MATIC) and Curve (CRV), have the potential to make 10x gains this year while the rest of the crypto market is trading sideways, with one altcoin worth $100,000 earlier than BTC. He says he will reach the turning point.
Jason Pizzino in a new strategy session, blockchain scaling solution to 254.00 YouTube subscribers Polygon (MATIC) He said that despite the continued pullback from the all-time high of $2.92, it is still in a bullish trend.
“If nobody talks about it because the price has dropped, these times are usually [bu altcoin’de] when you want to enter a position…
So I still see it as a bull market: higher lows, that’s pretty clear. 50% [Fibonacci] level is around $2.20.”
The next cryptocurrency on Trader’s list is the stablecoin-focused decentralized exchange Curve Finance‘s governance token CRVis .
“Curve has a total unlocked value of $24 billion, but the market cap against this total locked value is only 0.1 of that amount. That is, its market cap is about $2.4 billion, with a total locked value of $24 billion.
I think there’s going to be a big catch/catch here to bring the value of Curve closer to the total value currently locked in Curve.”
The management token of the decentralized exchange SushiSwap to the analyst listing Sushi continues with. According to Pizzino, Sushi’s relatively small market cap puts it in a position to generate exponential gains.
“Sushi has a market cap of $1 billion, a fully diluted market cap of $2 billion. So it seems quite reasonable to grow 10x and reach 10 billion dollars…
And these cryptos [yükselmeye] once they start, we don’t know where they will stop. Just [artmaya] they keep going.”
Pizzino adds that Sushi is currently withdrawing, with entry points between $6 and $7.50.
The fourth crypto asset chosen by the analyst is a decentralized finance platform that powers an automated yield-farming strategy. Yearn.Finance (YFI). Pizzino says the YFI’s fundamentals look solid, while the specs show signs of strength.
“Locked total looks good too: 1.4 [milyar] $5.7 billion with a market value of $5.7 billion [kilitlenmiş toplam değer]…
We are starting to see higher high forms as well.”
The crypto analyst concludes by adding that he predicts YFI will reach $100,000 before BTC reaches the six-digit milestone.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.