Austin from Altcoin Daily has shared 9 coins he has on his radar for the month of March and April, starting from higher caps to lower caps.
First coin is Ethereum, the developers have confirmed Berlin hard fork date. The long anticipated upgrade will include optimisations to gas fee usage when it deploys to Ethereum mainnet next month. Ethereum founder Vitalik Buterin said on a podcast the solution to scale Ethereum by a factor of 100 is imminent and will get the network through until ETH 2.0 (1:51).
The second coin is Cardano which had 591 assets minted on the blockchain in 8 days. Austin says it’s going to be fun seeing the ecosystem grow over the next few months (3:47).
The third coin is Litecoin. Its MimbleWimble code, which has been running on testnet for 3 months, will now be ready by March 15th. Historically Litecoin follows Ethereum price action and has a lot catching up. It pumped 625% in 91 days the last time its trading pair against BTC is this low. (4:58)
There is a lot to be optimistic about Litecoin with the new upcoming upgrade and PayPal payment integration.
The fourth coin is Chainlink. According to a recent report by Citibank, Chainlink may gain prominence over Bitcoin. The report cites the use of LINK as a token in the Chainlink ecosystem could increase as blockchain continues to thrive over time (6:40).
Coinbase is inching closer to a public offering with reportedly reaching pre-IPO valuation of $100 billion in private auction. Austin believes Coinbase IPO will send the cryptocurrency market to its next phase of bull market. He has included three new altcoins listed on the exchange on the list of coins on his radar: Polygon (MATIC), Skale Network and SushiSwap (8:53).
Next coin on the list is Cook Protocol. The cross-chain asset management platform received an investment from DuckDao, and they are now going to have an Initial DEX Offering and Uniswap listing by the end of the month (9:41).
The last coin on the list is Chiliz. The blockchain fintech provider for sports & entertainment entities rallies 60% to a $1 billion market cap as fan token offerings expand. Chiliz 1000% rally over the past month has been supported due to the success of the AC Milan fan token launch and plans to expand to United states (12:40).
This episode premiered on March 11th, 2021.