These 6 Altcoins Will Be Explosive In 2022 According To Altcoin Daily – Here’s Why!

Aaron Arnold, a popular crypto analyst, thinks Ethereum (ETH), Solana (SOL) and three other altcoins will be “explosive” this year.

Arnold, one of the co-hosts of Altcoin Daily, said that the growing interest in 1.2 million YouTube subscribers, non-fungible tokens (NFTs) and decentralized finance (DeFi) is fueling the bullish drive on several crypto assets.

“[Ben] I’m talking about high quality L1s and quality L2s. I’m talking about projects that have real activity in the protocol.

This is going to be an explosive year for cryptocurrency projects. Why am I saying this?

This is because the amount of activity we see in the NFT domain, in the DeFi domain, continues to be parabolic.”

The leading smart contract platform that analyst believes will be parabolic Ethereum (ETH), trading at $3125 at the time of writing, up nearly 2 percent in the last 24 hours, while rival smart contract platform Left (LEFT) On the other hand, it is currently trading at $136.90, up about 3 percent.

Arnold also offers a layer-2 scaling solution, trading at $2.07, up nearly 2% in the last 24 hours. in Polygon (MATIC) also in an upward trend.

Next on Arnold’s list is a scaling solution for NFTs that aims to enable almost instant, zero gas fee transactions. Immutable X (IMX) exists. At the time of writing, IMX is trading at $3.47, down over 2 percent in the last 24 hours.

Arnold also has another layer-2 scaling solution. From Metis Token (METIS) quite hopeful. METIS, the 150th-ranked crypto asset by market capitalization at the time of writing, is trading at $288.43, a remarkable increase of over 13 percent.

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.

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