The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

These 7 Altcoins Are ‘About To Pop,’ According to Altcoin Daily

by Daily Hodl Staff
August 27, 2021
in Altcoins

Altcoin Daily host Aaron Arnold is listing seven cryptocurrencies that he expects to rally.

The cryptocurrency influencer tells his 947,000 YouTube subscribers that Ethereum (ETH) is one of the digital assets that is “about to pop.”

Aaron argues that Ethereum’s ecosystem is thriving and that the asset is undergoing a supply shock as a result of the fee-burning mechanism that was introduced with the network upgrade earlier this month.

“Speaking of cryptocurrencies about to pop, we need to talk about Ethereum. This is Ethereum’s cycle to lose, my friends. There is so much good going on in the Ethereum ecosystem. How can you not be bullish?”

[03:42] “Ethereum looks ready to pop and is definitely going through a supply shock right now. Ethereum is trading on top of stable support, while selling pressure behind it is drastically diminishing.”

Next up on the crypto influencer’s list is Ethereum competitor Cardano (ADA). According to Arnold, Cardano’s interoperability is growing as it gears up to launch smart contracts, which could be a bullish signal.

“This is big news for Cardano as they’re approaching their smart contracts September 12th upgrade. Something else has popped up, which is pretty, pretty cool. Cardano is getting an Ethereum-compatible side chain…

The side chain will use wrapped ADA as the assets to pay for transaction fees… This is better for Ethereum, this is better for Cardano. The point is everything is becoming interoperable, and it’s good that all of these networks are working with each other and talking to each other. Hugely bullish on Ethereum. Hugely bullish on Cardano.”

Arnold highlights Solana (SOL) and blockchain oracle Chainlink (LINK) as additional altcoins with growing interoperability.

“Solana developers can now use Chainlink’s DeFi [decentralized finance] price feed. Chainlink oracle is now live on Solana’s network. Builders now have access to reliable price data. So like I said, bullish on Solana and also Chainlink.”

Fifth on the crypto YouTuber’s list is the native token of smart contract platform Avalanche (AVAX), which Arnold says is currently expanding its ecosystem.

“Just like I’m bullish on Cardano, just like I’m bullish on Solana, also bullish on Avalanche…

Why is Avalanche soaring? Well, it’s pretty simple. Avalanche is onboarding blue chip DeFi protocols…

Avalanche has recently attracted blue chip DeFi projects like Aave [AAVE], Curve [CRV] and Sushiswap [SUSHI]… Besides that, several other nascent DeFi projects in the Avalanche ecosystem are likely contributing to the growth.”

Next up on Arnold’s list is gaming and non-fungible token (NFT) blockchain platform Enjin (ENJ), which recently notched a partnership with a social network.

“I would consider Enjin a blue chip gaming cryptocurrency project protocol. The news is that social network Blockster … collaborates with Enjin and is rewarding 400,000 early users with NFTs.”

The final altcoin on Arnold’s list is XRP, the native digital asset on Ripple’s XRP Ledger. Arnold says that his bullishness for XRP is based on a reading of the parabolic stop and reverse (SAR) indicator.

“XRP is on the verge of a 30% price move. XRP looks ready to spike in volatility. Could see its price move by more than 30%…

…the Parabolic [SAR] points have turned bullish, indicating that a breakout is underway.”

l
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Kit8.net

Submit a Press Release

Industry Announcements

  • Sports Prediction App Pooky Launches Full Version of Its Play-and-Earn Game
    March 23, 2023
  • StormGain Launches StormGain DEX for User-Friendly Decentralized Crypto Trading
    March 23, 2023
  • KyberSwap Announces First-Ever ARB Token Liquidity Pools, Liquidity Mining and Trading Campaigns on Arbitrum
    March 22, 2023
  • Metacade Presale Hits Final Stage Before Listings, Raising Over $500,000 in Under 24 Hours
    March 22, 2023
  • Yesports Launches the Largest Esports Marketplace for Gaming Expansion Into Web3 Alongside 40+ Partners
    March 21, 2023
  • Metatime Raises $11M in Private Funding To Enhance Web 3.0 Ecosystem
    March 21, 2023
  • Coinfest Asia Is Back in 2023 Carrying the Theme of Web 2.5
    March 20, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$28,047.51
$28,047.51
0.82%
Ethereum
$1,775.75
$1,775.75
0.37%
Cardano
$0.363339
$0.363339
3.22%
XRP
$0.430277
$0.430277
4.6%
Dogecoin
$0.07534
$0.07534
3.4%

Spotlight

  • BitMEX Outlines Three Scenarios for Crypto This Year, Says Market Recovery a Likely Outcome
    March 22, 2023
  • Bitcoin Breakout in Sight As BTC Flashes 2019-Style Accumulation, According to Top Analyst – But There’s a Catch
    March 22, 2023
  • Coinbase Adds Highly Anticipated Ethereum (ETH) Scaling Solution Token to Listing Roadmap
    March 22, 2023
  • Analyst Benjamin Cowen Issues Ethereum Warning, Says ETH Likely Not Ready for Bull Run Until Massive Correction
    March 22, 2023
NBX Warsaw Summit Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl