Famous cryptocurrency trader and analyst Lark Davis reveals the names of the best altcoin projects to buy this month. According to Lark Davis, these cryptocurrencies will rise strong.
Lark Davis: Ethereum could double its price in the coming weeks
Lark Davis has 195,000 YouTube subscribers in a new image that Ethereum (ETH) will pay off in the coming weeks thanks to powerful fundamental catalysts He said he could double it. Lark Davis adds the following to his explanations on the subject:
We are currently going to price discovery for Ethereum. This is a very exciting period and things can move very, very quickly… Ethereum has a lot of bullish catalysts, including the launch of CME futures, which is clearly coming. The Galaxy Digital Ethereum fund is launching and offers institutions a great way to directly invest in Ethereum. Grayscale has started buying Ethereum again, and in fact it is so well-known that Grayscale investors are buying more Ethereum than Bitcoin.
Lark Davis: Recognized altcoin Elrond (EGLD) will rise big
Cryptocurrency, high-efficiency Blockchain project, which comes in second place on the analyst’s list It is Elrond (EGLD). Lark Davis said it could be a big month after the protocol launches the Maiar wallet. Lark Davis adds:
Maiar is a superior user-friendly wallet application from Elrond that allows you to buy and sell crypto. It will also allow you to interact with various DeFi (decentralized finance) works… Both crypto wallet and payment app. Now within four days of launch, the total number of processes on Elrond has doubled. There are hundreds of thousands of downloads already.
Lark Davis is also on the rise on Blockchain network Cosmos (ATOM)!
Lark Davis is also on the rise on the interoperable Blockchain network Cosmos (ATOM). The veteran analyst says the cryptocurrency has been flying under the radar as it has quietly built its own ecosystem. Lark Davis adds:
Multiple of the largest cryptocurrencies on the market were actually built using the Cosmos Tendermint SDK, making Cosmos the center of an ever-growing crypto space. And the big news for Cosmos right now is the launch of the Stargate upgrade… Blockchains need to talk to each other. The Stargate upgrade means all Tendermint-based chains can take a big step forward in terms of interoperability.
Lark Davis: The sky’s the limit for Cardano (ADA)!
The fourth altcoin to be bought this month, according to Lark Davis, is Cardano (ADA) as it plans to launch a token economy on Ethereum rival Blockchains. Lark Davis adds to his comments on the bet:
As we see these tokens start to launch, the sky’s the limit… February and March are big months for Cardano. Because when smart contracts kick in and we think about how painful Ethereum GAS prices are right now… Big months for Cardano are definitely an opportunity for competitors to step in and leave their mark.
Lark Davis: $100 is almost a pretty conservative estimate on Polkadot
The last cryptocurrency on Lark Davis’ list, which he refers to as “an absolute beast of a Blockchain” Polkadot (DOT). Lark Davis adds to his comments on the bet:
This thing will go much higher. In fact, $100 seems like a pretty conservative claim, considering everything that’s going on for the Polkadot ecosystem. Because he managed to climb to 20 dollars very quickly. As previously reported as
Kriptokoin.com , for other altcoin claims by Lark Davis “Master Trader: Beware! You can review our article titled “These Five Altcoins Will Do 100x” .