Popular cryptocurrency trader and analyst Lark Davis believes a series of compelling altcoin narratives will give early investors significant gains in this cycle. Here are the estimates of Cardano, Solana, Elrond and NTF from the analyst.

Lark Davis: We’re about to see the explosion of these new projects coming to Cardano
The analyst expects the buzz around new smart contract platforms to grow, and argues that the advent of smart contracts to Cardano will spark an explosion of new projects that can reward investors with impressive earnings. Lark Davis adds the following to his comments on the subject:

Smart contracts are likely coming to the mainnet for Cardano in August, assuming there is no delay in the roadmap. So we are about to see the explosion of these new projects coming to Cardano.

Analyst says he expects great things from Solana (SOL) too

The analyst says he expects great things from Solana (SOL) as well. Lark Davis adds the following to his comments on the subject:

Although the Solana presence itself has been on the rise lately, this is not what will give you the biggest gain… Smart investors are already looking beyond the primary Solana entity and into the Solana ecosystem.

Post-faded Elrond, one of the altcoin projects on Lark Davis’ radar

The scalable Blockchain network Elrond (EGLD) is also one of the altcoin projects on Lark Davis’ radar. YouTuber explains that he is on the rise on Elrond due to an upcoming airdrop. The team plans to release the decentralized exchange token Maiar (MEX) and fundraising mechanism (Launchpad) on the blockchain. Lark Davis adds the following to his comments on the subject:

There are two big things right now that make me so strong about what Elrond is doing. The first is the Maiar exchange. In other words, this airdrop is made, 100% of the tokens are airdroped to Elrond token holders. Another big thing to get excited about is the upcoming Elrond launch pad.

Lark Davis: Elrond launch pad will bring “a brand new wave of tokens to the Elrond universe”

According to Lark Davis, the Elrond launch pad will bring “a brand new wave of tokens to the Elrond universe.” Unique digital assets, fungible tokens (NFTs), which can represent digital art, land, tickets and more, are another trend the YouTuber expects to continue to be lucrative for investors. Lark Davis adds the following to his comments on the subject:

… The latest trend that I see will bring great returns for investors… NFTs. I don’t even think NFTs are crazy about what’s possible for this technology… This is digital ownership over steroids.

Veteran analyst Lark Davis emphasizes that NFTs offer a great value proposition, especially in the game world where virtual assets are frequently purchased, traded and sold, and in sports where digital cards and other collectible items are very popular.

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