Alex Lemberg, a 27-year veteran DeFi CEO on Wall Street, explains why he thinks crypto will see ‘exponential’ growth this year, with Bitcoin and Ethereum potentially doubling this year, and has 5 altcoin projects he sees as potential with more reasonable gas fees. sharing. We have compiled Alex Lemberg’s posts for Kriptokoin.com readers.
“Leading crypto and leading altcoin could double this year”
CEO of Nimbus, a decentralized borrowing, lending and staking firm with 50,000+ participants in 120 countries From the point of view of Alex Lemberg, who served as CEO, talk about a crypto winter characterized by a sudden drop in value followed by a prolonged period of depressed prices is pretty ridiculous. According to Lemberg, winter for the crypto space is as high as Miami’s chances of wintering for the next 12 months. One reason is that the market cap of the crypto industry is still very small
Alex Lemberg expects to see exponential year-over-year growth in the crypto space. Despite the hawk macro backdrop, he thinks the combination of institutional investment and technological adoption in crypto will likely push the two largest cryptocurrencies to double from their current levels this year.
Considering the fact that Bitcoin was between $68,000 and $69,000 last year with such limited market participation, it would be unreasonable not to think that with market participation, it could return to those levels.
5 altcoins with strong utility value according to CEO of Nimbus
Alex Lemberg likes tokens with strong utility value. According to him, layer one protocols will continue to be visible this year. That’s why Alex Lemberg believes in strong Ethereum competitors in the industry such as Solana (SOL), Avalanche (AVAX), Polkadot (DOT), Terra (LUNA) and Cardano (ADA).
After a year of rapid growth, these smart contract platforms’ tokens have been withdrawn amid broad-based market disruption. Solana saw the sharpest monthly drop, falling 41.4% to $99.5 at the end of January. However, Alex Lemberg is positive about these platforms. Because they offer a solution to what they see as the biggest problem that has terribly hindered the growth of the industry – the very high gas fees on the Ethereum Blockchain.
The emerging innovations and utility to be able to transact on Blockchain with a more affordable gas fee environment will only literally put rocket fuel in this rocket.
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