Altcoin Daily’s analyst says now is the right time to invest in altcoins as the Bitcoin ETF has arrived. MATIC leads the list as DEX volume has increased by over 200% in the last 30 days. Other projects mentioned include Fantom, Ethereum, Chainlink, Uniswap and Solana.
Polygon (MATIC) is at the top of analyst’s list
Altcoin Daily, a leading crypto YouTube channel, has shared a list of its top picks for crypto investing, with the aim of positioning itself appropriately for a predicted storm to enter the crypto market. Altcoin Daily urges crypto enthusiasts to buy Bitcoin, Ethereum and select altcoins. He also claimed that pending spot Bitcoin ETF applications have been confirmed to receive approval. As a result, the analyst suggests that now is the right time to stock altcoins. Because he states that the impact of the Bitcoin ETF will affect the overall market.
Along with the potential impact of the ETF, Altcoin Daily also highlights the significant development efforts of the projects in question. Topping the list of highlighted altcoins is Polygon (MATIC). According to the host, the highlight of the MATIC token is the increased trading volumes of decentralized exchanges (DEX) on Polygon. The analyst notes that Polygon reached its highest DEX volume in over eight months. It also notes that it has experienced an increase of over 200% in the last 30 days.
Fantom comes in second place, followed by Ethereum!
Secondly, the analyst highlights the promising trend of the Fantom token (FTM). It should be noted that the token has a market value of $ 1 billion. Altcoin Daily rejects the idea that the project is slipping into the shadows, highlighting that the project team has introduced a technological stack called Fantom Sonic, an EVM-compatible Blockchain.
The third project on Altcoin Daily’s list is Ethereum, the second largest crypto project. The analyst talks about Ethereum’s ongoing updates with the launch of Nocturne on the mainnet. He particularly points out that Nocturne will bring private accounts to the Ethereum network. Altcoin Daily underlines that the development has transformative potential for the Ethereum ecosystem.
Other projects: LINK, UNI and SOL
In parallel, the analyst notes that the eight-billion-dollar crypto project Chainlink (LINK) has a brighter future amid Blockchain emerging from the proof-of-concept (PoC) phase. Other crypto projects whose potential has been highlighted include Uniswap (UNI). Additionally, the popular altcoin of recent days, Solana (SOL), finds a place on the list. As you follow from Kriptokoin.com, Solana stands at the forefront among the shining projects.