While discussing whether crypto winter has come, there has been a revival in the market recently. Amid this buzz, Nicholas Merten, a well-known crypto analyst and trader in the crypto market, shares with his 513,000 YouTube subscribers some of the best altcoin projects he has selected for the second quarter of 2022. We, as Kriptokoin.com, have compiled the popular analyst’s posts for our readers.
Blockchain with Potential Unibright (UBT)
Crypto trader Nicholas Merten explains why he is optimistic and has potential for Unibright (UBT), a Blockchain for enterprise solutions. The analyst says that UBT, the underlying institutional token of the altcoin project, serves many purposes for the network, but is on the rise for the crypto asset, mainly due to its staking mechanism. Nicholas Merten shares the following:
UBT is used in various ways in relation to the network. But the main thing is to bet. The important thing to understand here is that this is not an inflationary bet. So I think this will be really exciting. It will determine the demand for the UBT token.
Leading altcoin competitor Radix (XRD) is entering a bull trend
The crypto analyst is also looking for XRD, the crypto asset of public decentralized network Radix. predicts a good future. The altcoin aims to rival DeFi leader Ethereum (ETH). The analyst explains for the platform:
Imagine trying to build a house and constantly worrying that something in the foundation will break and everything will collapse. This is the biggest flaw with Ethereum right now. This could be a major setback, and this is where protocols like Radix potentially serve as an alternative in the market or as a potential comparator in the space.
The analyst says what he likes about Radix is that it is trending bullish. The analyst returns to where he was in mid-February, noting that he has started to outpace Ethereum in the past few weeks. The analyst predicts:
As we revisit the price range where we saw a major breakout in November 2021, especially in November 2021, I think we will really start a higher trend here in terms of price.