Popular crypto analyst Jason Pizzino has revealed which altcoins he believes will skyrocket in the coming months.
Curve Dao Token (CRV), the governance token for Curve Finance, a decentralized exchange for stablecoins, is first on Pizzino’s list. Pizzino informs his 244,000 YouTube followers that CRV’s Bitcoin chart is bullish.
“Will it pump as hard as The Sandbox?” Probably not, because I don’t believe that the vision, excitement, hopes, and dreams that can be put into an NFT/gaming/metaverse project can be put into a DeFi project…
But I believe there are some significant gains to be had in something that is so tightly wound up on a chart like this.”
At the time of writing, CRV was trading at $4.73, down more than 4% in the previous 24 hours.
MATIC, the native token for the blockchain scaling solution Polygon, is ranked second by analysts.
According to Pizzino, MATIC is only now “finding its legs” after trading sideways against Bitcoin. He observes that if the overall crypto narrative shifts to Ethereum (ETH), Polygon will benefit. At the time of writing, MATIC was trading at $2.11, up more than 13% on the day.
His next pick is LUNA, the native token of Terra’s smart contract platform. Pizzino, on the other hand, notes that he is more bullish on CRV and MATIC than LUNA.
LUNA is currently trading at $63.94 per share, up more than 12% in the last 24 hours.
STX, the native asset for Stacks, an open-source blockchain network and Bitcoin developer project, is the trader’s fourth choice. Stacks, according to Pizzino, is already breaking out and could see short-term gains.
“You want it to stay at all-time highs… Will they be as large as the metaverse? I’ve already stated that I don’t believe so. But I’d like to look at something that will make a difference this quarter or next.
Because I’m not sure about those larger-cap metaverse cryptocurrencies, and I believe they’ve made their move.”
At the time of writing, STX was trading at $2.70, down nearly 10% on the day.
RUNE, the native asset for THORChain, a blockchain platform that aims to facilitate the secure and cheap transfer of assets between different blockchains, is another of Pizzino’s picks.
Pizzino observes that RUNE has been making higher lows and higher highs when compared to Bitcoin (BTC). According to the analyst, the asset must also outperform Ethereum because it is “the strongest player at the moment.”
At the time of writing, RUNE was trading at $10.68, down more than 7% on the day.