Popular cryptocurrency analyst Jason Pizzino talked about which altcoins are poised to rise in the next few months. First on Pizzino’s list is the Curve Dao Token (CRV), the management token of Curve Finance, the decentralized exchange for stablecoins. Pizzino said that CRV’s Bitcoin chart is bullish.
“Will it rise like The Sandbox? Probably not, because I don’t think vision, excitement, hopes, and dreams can be put into a DeFi project the way they can in an NFT/game/metaverse project… But I do think there are some great gains to be had in something so tightly wrapped in a graph like this. ”
CRV was trading at $4.89, down 5% in the last 24 hours at the time of writing. Second on the analyst list is MATIC, the native token of blockchain scaling solution Polygon. He states that if the overall crypto narrative moves to Ethereum (ETH), Polygon’s situation looks good. MATIC is trading at $2.07, up more than 8% on the day.
The next pick of the popular name was LUNA, the native token of smart contract platform Terra. Pizzino states that he is more optimistic about CRV and MATIC than LUNA. LUNA, 5% in the last 24 hours. It is trading at $61.99, up more than 6 percent.
The investor’s fourth pick was STX, an open-source blockchain network and native asset of Bitcoin developer project Stacks. Pizzino noted that Stacks has already erupted and could see short-term gains:
“You want to see them stay at their all-time high… will they be as big as the Metaverse? I already said I didn’t think so. But I want to look at something that will move this quarter or next quarter. Because I’m not sure about the larger capped metaverse cryptocurrencies, I think they may have made their move. ”
STX is trading at $2.63, down about 10% on the day.
Another of Pizzino’s choices is RUNE, the native presence of THORChain, a blockchain platform that aims to facilitate the secure and inexpensive transfer of assets between different blockchains.
Pizzino notes that RUNE has made higher lows and higher highs against Bitcoin (BTC). The analyst says the asset should also outpace Ethereum as it is “the strongest player right now.”
RUNE was trading at 10.76 at the time of writing, down more than 3% on the day.