Altcoin Daily host Austin Arnold has updated followers on a handful of crypto-assets he thinks are about to take off.
In a recent YouTube video, popular trader and crypto influencer Austin Arnold highlighted a series of altcoins and decentralized finance (DeFi) products, calling Uniswap (UNI) the number one project to keep an eye on. Arnold cited a research report by the St. Louis Federal Reserve featuring Uniswap, and predicted the price would continue to climb past $20.
He said:
“The fact that a branch of the fed reserve is putting out reports on ETH and Uniswap and decentralized finance (DeFi) and DEXes – that’s a pretty big deal right.”
Arnold was also bullish on DeFi project Curve Finance (CRV) and efforts by the development team to provide integration with Polkadot.
He continued:
“If you’re bullish on DeFi, or more specifically DEXes, pay attention to the ones that are building and making moves like Curve, like Uniswap.”
Plasm Network (PLM) was featured third on Arnold’s list of top altcoins as a project which recently raised $2.4 million in funding from Binance Labs. Arnold called the project a bridge between Ethereum and Polkadot.
The Altcoin Daily host rounded out his top selections with Solana (SOL), Polygon (MATIC), Yearn.finance (YFI), AirSwap (AST), and LoopRing (LRC). Arnold noted that YFI represented a project worthwhile to investors, noting how the development team reimbursed users $11 million from their treasury following a hack.
Featured Image Credit: Photo via Pexels.com
