Crypto trader and stock investor Lark Davis says he is currently watching five low-cost altcoins on Binance, and he believes two of them will achieve unicorn status.
Although it is priced at just $ 0.33, Polygon, the first sub-coin on its list, has a high market cap of $ 1.8 billion.
“Despite its high market cap, I currently believe this is a cryptocurrency with serious potential.”
Davis cites several upcoming integrations as reasons why Polygon thinks that Polygon has a larger ecosystem than many other blockchains with a larger market share, and that Polygon’s value will increase.
The next coin on its list is Injective Protocol (INJ), which Davis has labeled as “monster”. Currently in the testing net phase, Injective offers zero gas fee trading thanks to Layer Two technology.
Injective also offers derivative trading services, including futures contracts. It expects Injective to reach unicorn status ($ 1 billion in market value) when its mainnet is launched.
Davis is also on the rise in Marlin (POND). The high-performance layer zero blockchain network is taking steps towards providing high-quality infrastructure for decentralized finance (DeFi).
Number four on the list is Kava, which is not underestimated but a powerful DeFi protocol, according to Davis.
Kava allows investors to lend, borrow, earn and trade for low priced fees on its platform. It also brings a new product line to the market.
Davis, who has been on the rise in Kava for a long time, believes it will be a billion dollar market capitalization crypto asset.
Last on the list is Open Ocean (OOE). It is still in the token sale phase, but it is on Davis’ top five because Binance is a leading investor.
“Binance almost always lists the coins they invested in.”
Open Ocean is an aggregator that works in central exchange services to find the best prices and lowest possible spread on the market.