{"id":112839,"date":"2021-02-15T02:32:41","date_gmt":"2021-02-15T02:32:41","guid":{"rendered":"https:\/\/precoinnews.com\/?p=112839"},"modified":"2021-02-15T02:32:41","modified_gmt":"2021-02-15T02:32:41","slug":"altcoin-daily-host-austin-arnold-has-updated-followers-on-a-handful-of-crypto-assets-he-thinks-are-about-to-take-off","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/altcoin-daily-host-austin-arnold-has-updated-followers-on-a-handful-of-crypto-assets-he-thinks-are-about-to-take-off\/","title":{"rendered":"Altcoin Daily host Austin Arnold has updated followers on a handful of crypto-assets he thinks are about to take off."},"content":{"rendered":"
Altcoin Daily host Austin Arnold has updated followers on a handful of crypto-assets he thinks are about to take off.\u00a0<\/p>\n
In a recent YouTube video, popular trader and crypto influencer Austin Arnold highlighted a series of altcoins and decentralized finance (DeFi) products, calling Uniswap (UNI) the number one project to keep an eye on. Arnold cited a research report by the St. Louis Federal Reserve featuring Uniswap, and predicted the price would continue to climb past $20.\u00a0<\/p>\n
He said:\u00a0<\/p>\n
\u201cThe fact that a branch of the fed reserve is putting out reports on ETH and Uniswap and decentralized finance (DeFi) and DEXes \u2013 that\u2019s a pretty big deal right.\u201d<\/p>\n
Arnold was also bullish on DeFi project Curve Finance (CRV) and efforts by the development team to provide integration with Polkadot.\u00a0<\/p>\n
He continued:\u00a0<\/p>\n
\u201cIf you\u2019re bullish on DeFi, or more specifically DEXes, pay attention to the ones that are building and making moves like Curve, like Uniswap.\u201d<\/p>\n
Plasm Network (PLM) was featured third on Arnold\u2019s list of top altcoins as a project which recently raised $2.4 million in funding from Binance Labs. Arnold called the project a bridge between Ethereum and Polkadot.\u00a0<\/p>\n
The Altcoin Daily host rounded out his top selections with Solana (SOL), Polygon (MATIC), Yearn.finance (YFI), AirSwap (AST), and LoopRing (LRC). Arnold noted that YFI represented a project worthwhile to investors, noting how the development team reimbursed users $11 million from their treasury following a hack.\u00a0<\/p>\n
https:\/\/youtube.com\/watch?v=SGTRqcpezQQ%3Ffeature%3Doembed<\/p>\n
Featured Image Credit: Photo via Pexels.com<\/em><\/p>\n