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Altcoin Daily host Austin Arnold has given his top three crypto-assets set to explode next month.
According to a recent YouTube video, first spotted by Daily Hodl, Arnold listed Cardano (ADA) as his top altcoin pick for the coming month. The crypto strategist said he was bullish on Cardano’s ability to compete with Ethereum via support for native tokens.
He said,
Similar to how ERC20 tokens can be issued on Ethereum, assets are coming to Cardano. When? Well, that date is approaching closer and closer.
Arnold predicted native token support would be available by mid-February and highlighted the platform’s transition to its new Goguen protocol.
The popular crypto strategist was also bullish on Sushiswap (SUSHI), saying he expected the project to live up to its extensive roadmap for 2021.
He continued:
They’re trending towards more decentralized, which to me is bullish. Also bullish, implementing a cross-chain DEX with the help of Polkadot. That’s huge. That means they’ll be able to work with everybody.
Arnold rounded out his top three altcoins with the smart contract platform NEO.
The Altcoin Daily host referred to the project as the “Chinese Ethereum,” and said its development team was tackling the most ambitious solutions for crypto-assets, including Web 3.0.
Featured Image Credit: Photo via Pixabay.com
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
