Crypto analyst and YouTuber Lark Davis has provided an update on his top five altcoin picks that are ready to explode.
According to the popular crypto influencer, ethereum is at the top of his altcoin list and says the current price dip a “buy” for the smart contract platform.
He said,
In anticipation of the good news, Ethereum has been going crazy. The Ethereum/BTC pair absolutely parabolic over the last few days.
Davis also highlighted chainlink as a potential value investment at its current price. He said the decentralized oracle network was beginning to regain bullish sentiment.
He continued,
I think that we can see Chainlink hitting $18 from here on this particular breakout… I do wonder if I’m kind of setting my goal for Chainlink here too modestly since it has really just crossed a mega bullish cross here on the weekly MACD.
In addition to ethereum and chainlink, Davis told investors to keep an eye on uniswap (UNI), bonded finance (BOND) and the decentralized exchange Coin DeFi.
He said of the latter,
I would expect that being a new decentralized exchange, this is definitely one that could have some real momentum behind it, especially the decentralized exchanges that have done well are the ones that provide incentives to provide liquidity, which Coin DeFi will also be doing.
Davis explained Coin DeFi investors would be able to earn fees on their token holdings.
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