ALTCOINS IS EXPLODING IN FEBRUARY 2021 LIVE ONLINE
This is the highest monthly close ever February and
beyond is going to be one hell of a month for altcoins. This chart speaks for
So if you’re
interested in making money in cryptocurrency and you want to stay up to the date on a daily basis, and here today news is on my top six coins in February specifically that I think are about to
explode I’m going to back it up with reasoning I’m going to back it up with
coin number one Forever and always is Bitcoin, guys,
do not sleep on Bitcoin, the floodgates are open, money is about to start
pouring into bitcoin, it will not be below 40,000 forever, check out
some of these metrics, our Bitcoin has spiked like crazy we’ve never
seen this much interest for more precise data so this is how you should think about
it until last week our Bitcoin
I know it’s hard to imagine Bitcoin at higher prices because
we’ve never seen it before. But what is the fair value of Bitcoin well? Roll Paul’s global macro investor report
estimates bitcoins fair value will be at $300,000 by October of this year,
this isn’t just a whim of his.
This is backed up by Metcalfe’s law bitcoins network is growing so much if you know about
Metcalfe’s law, you know, that 300,000 per Bitcoin by October is not out of the
question and although Bitcoin is in chop solid action at the moment.
According to unchained expert, Willy woo that’s not going to
last for long with the current flows of capital coming into bitcoin, The consolidation floor is expected to be 29,000 on daily closes. This is of course
short of a black swan event which could, you know, obviously, if you know this
is a risky risky market guys so make your own decisions never invest more than
you’re willing to lose upper bounds local upper bounds for Bitcoin at the moment
would be 56,000 and quickly rising, each and every day. So, do not sleep on
Bitcoin guys and with that being said let’s move on to point number two, do not
sleep on ethereum.
ethereum is price passes, another milestone at ethereum just
logged now 28 straight days with the closing price above, 1000, a theorem is
consolidating near its highs.
When this happened with Bitcoin Bitcoin shot from 19,000 to
42,000. Yes, it’s possible; he could see you know a pullback shake some people
out. But I think, cerium is about to blow I mean, its highest monthly close,
ever. This chart speaks for itself. coin number three on our list is the native
token for the decentralized exchange uniswap, Robin Hood has been giving decentralized exchanges free advertising on a global level,
people are starting to realize the benefits of a decentralized exchange and
with uniswap logging more than 30
billion in January.
I think it’s about to have its best month, ever. This is the
current price chart, it’s at all time highs guys I think the trend is your
friend. How can you not be bullish on decentralized exchanges coin number four
sushi swap sushi swap is actually eating into uniswap market share, following
the urine merger. So, if you’re bullish on uniswap which is hitting all time highs.
Why wouldn’t you be bullish on sushi swap since merging into
the urine ecosystem. The sometimes controversial decentralized exchange of sushi
swap has been consistently eating into uniswap dominance of this sector, on
January 29 so pretty recently a message researcher tweeted out data
illustrating that uniswap share of the automated market maker sector has
declined versus sushi with sushi shares expanding from mid-December until last
So you can see that interest in sushi is also at all time
highs trending up.
I think there’s a lot of reason to be bullish on
decentralized exchanges and decentralized finance in general. injective
protocols make number five on our list decentralized derivatives trading any market. Any time, anywhere.
So, amid the Robin
Hood backlash. Again, this is the catalyst that will make people interested in
finding alternatives injective protocol launches the world’s first-ever
decentralized commission-free Game Stop futures trading and if you’re
unfamiliar with injective protocol layer two decentralized exchange protocol
that unlocks the full potential of decentralized derivatives and borderless
defy injective protocol enables fully decentralized trading without any
restrictions, allowing individuals to trade on any derivatives market of their
the injective protocol was incubated by Binance Labs and backed
by 3 million in funding from Pantera by Nance hashed and other notable
investors. So, injective sushi uniswap I’m bullish on all three of those, at
the moment, coin number six on our list
today is cardano.
They have some major news actually happening in two months,
I think this is going to be a great opportunity to buy the rumor sell the news
in that I think Cardano is going to see a price run-up I’m bullish on Cardano in
the short to mid-term. So in 61 days, Cardano will be completely in the hands of
stake pool operators. On March, 31, all of the blocks on the cardano network
will be produced by independent stake pool operators IO HK the company behind
cardano will no longer participate in block production. This is good, this is
what you want to see making cardano the only truly decentralized blockchain
network on the market I disagree with that sentence.
In fact, that sentence is not correct. Either way, Cardano is
becoming more and more decentralized and they’re doing what you would want them
to do if you’re a Cardano believer. And now that we’re in a bull market. This
is what retail wants. So, Cardano makes number six on our list. This is Cardano is price history it’s making higher highs it’s making higher lows prepare for
pullbacks. We actually have a bonus coin on our list today Cosmos actually had
I think cosmos is about to have a good February, I’m going
to clue you in as to why if you’re unfamiliar with Cosmos cosmos is a dual-layer network that enables token data and asset exchanges between blockchains
each chain on the network operates independently. So interoperable but still
independent Cosmos hubs validate on-chain transactions and earn atom through
staking Adam is the native cryptocurrency token for the cosmos network.
If you want to know why I’m including them on this list why
I think they’re going to have a bullish February, check this out. In February,
the Stargate upgrade for Cosmos will include the release of the inter
blockchain communication protocol IBC, which will turn interoperability from an idea into a production-ready reality.
So this is a big thing. By the way, the block has mapped out
a total of 143 projects across 17 different verticals, currently developing on
the cosmos ecosystem. So cosmos is not a dead chain, it is definitely one to
watch. This is Cosmo’s full price history.
So, it kind of looks bullish kind of starting to consolidate near the highs.