Popular cryptocurrency analysts have revealed their best altcoin investments as the bull market approaches! Here are the details…
The bull market is approaching: What are the best altcoin projects?
Polygon (MATIC)
Crypto analyst Austin Arnold of Altcoin Daily recently shared his insights on Ethereum scaling solution Polygon (MATIC) and its potential to make investors millionaires in a YouTube video. Drawing attention to the partnerships, Austin states that the strategic partnership between Google Cloud and Polygon is a critical development. As previously reported, Google Cloud announced its plans to support Polygon and help grow its ecosystem during the 2023 Consensus Conference.
The Google Cloud blockchain node engine, a fully managed node hosting service for web3 development, will support Polygon as part of a multi-year strategic alliance. However, Google’s James Trumans highlighted Google’s continued involvement in the web3 space and their commitment to Polygon. Polygon co-founder Brendan Farmer expressed his excitement over their partnership with Google Cloud, highlighting how zk technology can help overcome blockchain scalability limits.
On the other hand, Austin mentions that institutions such as Franklin Templeton are also included in Polygon. Franklin Templeton expanded the Unchain US Government Monetary Fund to Polygon, and Jenny Johnson, President and CEO, shared her excitement for the cryptocurrency space and Polygon in particular. Johnson emphasized that blockchain technology is essential for wealth management and financial services. He explained that Franklin Templeton chose Polygon as the first EVM-compatible chain to host the Franklin on-chain US Government Money Fund, underlining Polygon’s growing importance in the industry.
Well, after all these developments, can MATIC make its investors millionaires?
Cryptocurrency analyst Austin had critical remarks on MATIC’s potential to create millionaires. He acknowledges that if an investor acquires a million of these tokens, he will become a crypto millionaire today.
Continuing to discuss the possibilities for different amounts of MATIC coins, Polygon argues that it is possible to become a millionaire with 10,000 coins if 100x, 20,000 coins if 50x, or 50,000 coins if 20x. Although his analysis is not financial advice and cannot predict the future, Austin encourages investors to seize opportunities in the cryptocurrency market and stay informed about Polygon’s growth and developments. That’s why Polygon (MATIC) may go up with the bull market.
Shiba Inu (SHIB)
The price of the Shiba Inu (SHIB) has seen significant growth since the beginning of the year. However, due to the unstable price performance in the recent period, investors are questioning whether SHIB can rise again in May after falling in April. On the other hand, as the bull market approaches, experts put SHIB on the list.
Experts point out that the rapid growth in the meme coin community for the month of May will affect price performance. While many investors believe in the long-term potential of SHIB, the SHIB team is working diligently to create a decentralized ecosystem that includes a decentralized exchange, immutable token (NFT) platform, and more.
On the other hand, as we quoted as cryptokoin.com, the latest messages in the “Shibarium Tech” Telegram group reveal that SHIB developer Shytoshi Kusama is working hard for Shibarium-related developments, while the community is extremely excited for Shibarium. However, the words “Important news before May” in the Telegram group attracted the attention of many investors.
The Shiba Inu team’s commitment to creating a robust and fully decentralized ecosystem is the driving force behind the potential success of the project. The project aims to create a strong presence in the cryptocurrency space by offering users a decentralized exchange, NFT platform and additional features.
Experts in the analysis of Shiba Inu (SHIB) price movements consider two important levels, support and resistance. The immediate support level is set at $0.0000095, while the resistance level currently at $0.00001 indicates the price at which sellers can put downward pressure on the price by entering the market and selling their SHIB holdings. Instantly, the SHIB price is 0.000010248922.
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