Four Crypto Assets Are Primed To Erupt in July, According to Trader Aaron Arnold
Closely-followed crypto analyst Aaron Arnold has named four digital assets that he says are more ready than any to catch fire this month.
In a new video, the host of Altcoin Daily starts off his list with:
- Cardano (ADA) has undeniable growth potential and leading the crypto space in total value locked up via staking. With over $31 billion worth of ADA now being staked in the protocol.
- Ethereum (ETH) has a supply on exchanges that is currently at its lowest since November 2018 and coming upgrades to Ethereum could spark a new $40 billion industry for staking that the leading smart contract platform is poised to lead.
- Chainlink (LINK) the decentralized oracle network has trader cites with a long list of integrations as one bullish catalyst that could send it blasting off into the stratosphere in the near future.
- Bitcoin (BTC) world’s leading digital asset is going to explode this month, his reference is from a tweet from on-chain analyst Willy Woo about how the Federal Reserve may be relying on Bitcoin’s branding to promote their own ideas for the new digital economy.
The crypto trader notes that long-term holders of Bitcoin who are willing to tough it out through some turbulence tend to come out of it on top. According to him, Bitcoin holds the title of the “ultimate mover” of the crypto markets.
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