Aaron Arnold, one of the well-known traders of the crypto world, listed the altcoins that he believes will rise for November on his Youtube channel called Altcoin Daily.
In his latest assessment of altcoins, Arnold reminded that while companies such as Twitter are working on projects that require Ethereum layer-2 scaling solutions, Polygon (MATIC) is on the rise.
Saying that Polygon is on the verge of breaking new records, Aaron claimed that it is possible to see a new ATH.
Stating that more than 1 billion transactions were made on Polygon’s proof-of-stake chain in a short time, the trader added that this was an incredible achievement.
He drew attention to Avalanche
“Several different DeFi protocols are coming to the Avalanche Blockchain thanks to Avalanche’s incentives. Avalanche’s numbers are increasing in terms of both addresses and transactions, and the network’s daily active addresses have exceeded 70,000, resulting in a weekly increase of over 100 percent,” said Aaron, adding Avalanche to his favorite altcoin list.
On the other hand, the famous trader who believes that Filecoin (FIL) and Chainlink (LINK) also promise decentralized databases and peer-to-peer storage protocols.
I included these two on my list simply because they collaborate with many of the industry leaders. There will be multiple chains in the future and there will be interoperability.
said.
The last name on Arnold’s list is THORchain (RUNE), an open source decentralized asset liquidity protocol. The famous name, who drew attention to these 5 altcoins, recommended that he listen to the suggestions in his list for November.