dailyhodl.com
Popular crypto analyst Jason Pizzino is detailing which altcoins he believes are primed to surge over the next few months.
First on Pizzino’s list is Curve Dao Token (CRV), the governance token for Curve Finance, a decentralized exchange for stablecoins. Pizzino tells his 244,000 YouTube subscribers that CRV’s Bitcoin chart looks bullish.
“Will it pump like The Sandbox? Probably not, because I don’t think the vision and the excitement and the hopes and dreams can be put into a DeFi project like they can with an NFT/gaming/metaverse project…
But I think there are some big gains to be had in something that is wound up so tightly on a chart like this.”
CRV is trading at $4.73 at time of writing, down more than 4% in the past 24 hours.
Second on the analyst’s list is MATIC, the native token for the blockchain scaling solution Polygon.
Pizzino says MATIC is just starting to “find its legs” after going sideways against Bitcoin. He notes that if the overall crypto narrative shifts to Ethereum (ETH), then Polygon looks good. MATIC is trading at $2.11 at time of writing, up more than 13% on the day.
His next pick is LUNA, the native token for the smart contract platform Terra. Pizzino, however, notes that he’s more bullish on CRV and MATIC than he is on LUNA.
LUNA is trading at $63.94 at time of writing, up more than 12% in the past 24 hours.
The trader’s fourth pick is STX, the native asset for Stacks, an open-source blockchain network and Bitcoin developer project. Pizzino notes that Stacks is already breaking out and could see short-term gains.
“You want to see it stay in the all-time highs… Are they going to be as big as metaverse? I’ve already said that I don’t think so. But I want to look at something that’s going to move this quarter or next quarter.
Because I’m not sure of those larger-cap metaverse cryptocurrencies, because I think they may have had their move.”
STX is trading at $2.70 at time of writing, down nearly 10% on the day.
Another of Pizzino’s picks is RUNE, the native asset for THORChain, a blockchain platform that aims to facilitate the secure and cheap transfer of assets between different blockchains.
Pizzino notes that RUNE has been making higher lows and higher highs against Bitcoin (BTC). The analyst says the asset also has to outpace Ethereum because it’s “the strongest player at the moment.”
RUNE is trading at $10.68 at time of writing, down more than 7% on the day.