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Popular cryptocurrency trader and analyst Austin Arnold announced the list of altcoins that he thinks are ready to rise in 2021.
Which altcoins are expected to rise in 2021?
In the latest episode of Altcoin Daily, Arnold told 294,000 subscribers that deadmau5’s first unchangeable token (NFT) is the best choice for 2021. Trader announced that previous NFTs were sold in Worldwide Asset eXchange (WAX). He predicts that the legendary DJ’s new token will have similar success.
Past NFT package sales in WAX have sold out in as little as 9 minutes, and very high demand is expected for the music legend’s first NFT sale.
Analyst: “I am hopeful of CKB.”
Arnold pointed to the recent partnership between projects to address smart contract security, stating that he has chosen his second-ranked altcoin between Nervos Network (CKB) and Cardano (ADA).
We’re excited to announce we’ve entered into a partnership with @InputOutputHK, the creators of #Cardano
We’ll jointly research #UTXO ledgers & #smartcontracts to develop an improved framework for other UTXO-based chains
Learn more 👉 https://t.co/b1MpNkwhKD pic.twitter.com/j5HBAb0La2
— Nervos (@NervosNetwork) December 15, 2020
Arnold highlighted the popular decentralized finance project Uniswap (UNI) as the next best altcoin to be successful next year. In addition to the trade volume that exceeded $ 50 billion last week, it pointed to the project’s overall dominance in the decentralized exchanges (DEX) space.
The Altcoin Daily host completed its top picks with Band Protocol (BAND), Yearn.Finance (YFI), and Aave.
