crypto analyst Aaron Arnoldshared his views on four crypto projects that are making big moves regardless of price fluctuations in the market.
On his YouTube channel with 1.1 million subscribers Altcoin Daily Analyst, smart contract platform, who publishes videos titled Avalancheof (AVAX) stated that it has made ‘really progress’ with its ecosystem of 358 projects that has grown rapidly in the last 13 months.
Another altcoin on the analyst’s list is decentralized finance (DeFi) and decentralized applications (DApps) a ‘blockchain platform’ for Phantom (FTM) it happened. According to the analyst, Phantom continues to signal strong growth.
“Phantom (FTM) continues to grow exponentially. Phantom stands out as the fast and scalable next-generation Tier-1 platform. To take a look at some of the stats: It has 1.1 million unique addresses, over 75,000 addresses are active daily, nearly 1 million transactions are processed per day, over 44,000 smart contracts have been mined and have a total ‘locked value’ of $5.3 million. owner.”
The lending and borrowing protocol, which has recently passed its third iteration (V3) aaveHe said he was watching closely. Stating that Aave V3 can be a ‘game changer’ for the DeFi protocol as well as offering new functions, Arnold drew attention to the importance of this feature.
“AAVE, already a ‘blue chip’ (the name given to impossible-to-sink stocks on the US stock market’ and now they’ve launched V3! It’s coming with tons of new features. It’s probably going to be a big game changer, allowing assets to flow seamlessly between Aave V3 markets over different networks. “It stands out as a ‘portal’, so that’s exactly what we’re talking about, from Ethereum to Avalanche to Phantom to Cardano to Solana. It’s a huge game changer.”
The last altcoin on the analyst’s list is Chiliz (CHZ) it happened. According to Arnold, Chiliz could benefit from his new partnership with the NFL team New England Patriots.
“Chiliz stands out as the world’s first ‘coin-operated’ sports exchange. The Chiliz token also powers the Socios fan engagement app, so I think it’s pretty good for projects like Chiliz or Chiliz, and that’s why I’m announcing to you today that I’m following it.”
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.