Crypto trader and host of Altcoin Daily Austin Arnold gave his 1,040,000 subscribers to these six majors in a recent crypto update. altcoinHe said that he is ready for big rallies next year. The YouTube star believes that in 2022, these altcoins will experience big booms.
Polygon (MATIC)
Ethereum layer-2 (L2) scaling solution to list Polygon (MATIC) Arnold said MATIC is gaining momentum after forming a partnership with $20 billion gambling company DraftKings.
Arnold quotes a statement from Paul Liberman, head of global product and technology at DraftKings, describing how the company is positioning itself to grow with Polygon:
“While the DraftKings market is still in the nascent stage, we are very optimistic about the opportunities blockchain, NFTs, cryptocurrency and other technologies will present as we prepare for digital collectibles and Web 3.0 with Polygon.”
Polkadot (DOT)
Decentralized interoperability platform following MATIC Polkadot (DOT) Reviewing Arnold, pointing to a recent tweet from Polkadot founder Gavin Wood; explains that just under 19 million DOT tokens are currently stored in the DOT treasury to fund community projects.
Lights up if no DOT is used. According to Gavin Wood, currently the Polkadot treasury burns 239,988 tokens every month.
“Whether burned or used, the DOT token is becoming increasingly scarce. We recently saw a rally in DOT price. This may be linked to some exciting developments such as the upcoming parachain launch and slot auctions – these parachain auctions will also pull DOT out of the market.
And with the first 11 parachain auctions coming to Polkadot next month, along with as many as 100 open slots to fill, Polkadot’s presence in the crypto sector could grow and solidify the emerging status of the multi-chain system.”
VeChain (VET)
The third cryptocurrency Arnold looks at is the supply chain management protocol. VeChain (VET). The trader also highlights VeChain’s recent partnership with major logistics company DHL for the issuance of institutional NFT (non-fungible tokens).
“This collaboration with DHL China is one of the first things that will allow customers to experiment with customizing the DHL mascot and then printing it as NFTs on the VeChainThor blockchain solution.”
Cardano (ADA)
Ranked smart contract platform on Arnold’s list Cardano (ADA) exists. Arnold observes that Cardano is gaining more traction after partnering with television satellite provider DISH and announcing that the network has received $100 million to invest in Cardano-focused projects in Africa.
“Simply put, there are a lot of people in the more developing parts of the world who lack financial stability, and that can be replaced with blockchain technology and Cardano.”
Chainlink (LINK)
Another cryptocurrency on Arnold’s list is the decentralized oracle network. Chainlink (LINK). Despite the token’s lackluster performance over the past few months, the Analyst believes LINK has a major uptrend in the market to realize as partnerships continue to grow each month with 84 integrations in September alone.
“I understand, but I think Chainlink still has a lot of room to grow. Consider this: Chainlink already has a ton of private, major partnerships with big companies (Google and Oracle to name two) – over 75 different blockchains already use Chainlink technology, plus USD [ABD doları] It is used by many data feeds, including currency pairs. This is a solid foundation.
My guess is this: Over the next few years, Ethereum [ETH], Cardano, Solana [SOL], Polkadot, Elrond [EGLD] etc. DApp [merkezi olmayan uygulama] As their platforms continue to fight for market share… Chainlink integrates with them all… This is something to consider.”
Ethereum (ETH)
Finally, the crypto trader, the leading smart contract platform Ethereum He thinks he’s preparing for a massive 2022. The analyst points out that Ethereum developers are planning to migrate ETH to Ethereum 2.0, which will convert the blockchain to a Proof-of-stake protocol in May-June 2022.
“The code is expected to be ready around February 2022. The merger with the Mainnet with ETH 2.0 will take place in June 2022 at the earliest. Next year is the ETH year.will be scratched. of DeFi [merkezi olmayan finans] where it is, where the NFTs are…”
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.