Bitcoin (BTC) has never closed 4 consecutive monthly red candles since 2018, February 2022 is borderline for that not to happen. As the altcoin market is also highly correlated with the leading crypto, BTC’s price action should be followed closely to predict the trend. So, which altcoins should be watched in March, one of the strongest months of the 2021 bull? An experienced crypto analyst answers…
altcoin projects to watch in March
YouTube channel “Altcoin Daily” co-founder and co-host Aaron Arnold recently talked about five altcoins he thinks investors should watch during March. shared their views. The seasoned analyst highlighted his predictions for the best performing cryptocurrencies for the next month. Arnold starts with Ethereum (ETH) and states that he believes it is “the king of tier-1s”…
According to Arnold (DeFi), NFTs and decentralized finance (DeFi) are two of the many industries that contribute to the “perfect tokenomics” of Ethereum. Arnold cites the tweet below stating that the total number of DeFi addresses has exceeded 4.4 million, an increase of more than 200% from the previous year.
Arnold, in addition to Ethereum, is a tier-1 competitor It refers to the Cosmos (ATOM), which is To recall, Erik Vorhees had posted several enthusiastic tweets claiming that the startup had accomplished “big things” in business.
Arnold is also NFT with the company installing a vending machine in New York. The marketplace is also positive about Fading (SOL), claiming Neon is gaining momentum. Gaming cryptocurrency Splinterlands (SPS), which has signed a new deal with Warner Music Group, and Avalanche (AVAX), which has earned $25 million in institutional investment inflows, round out Arnold’s top five picks.
Avalanche (AVAX) peaked in institutional demand
As we quoted as Kriptokoin.com, Avalanche (AVAX), the tenth largest cryptocurrency in the market compared to the other, DeFi in 2021, Ethereum bridge ( ETH bridge) and exponential growth from its disinflationary fee-burning mechanism, making it one of the relatively best Tier-1 Blockchains. A recent report from Galaxy Digital reveals that Avalanche has made “major progress” in terms of corporate adoption.
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