The host of the popular Coin Bureau channel lists five altcoins that he believes have the most growth potential in the context of Q3 2021.
Addressing his 1.23 million subscribers, the influencer known as Guy starts his list with Ethereum (ETH).
He lists many catalysts that he believes can take Ethereum to the next level. These include the possibility of an Ethereum-based exchange-traded fund(ETF), increased institutional demand, or even the recent EIP-1559 update, which could turn ETH into a deflationary asset.
“I think by the end of the year ETH could easily reach a price between $6,000 and $7,000.”
The number two coin on Guy’s list is Cardano (ADA).
“While Cardano’s growth potential is also limited due to its large market capitalization, it has much more room to grow than Ethereum, and this is for a number of reasons. First, ADA has maintained its bullish momentum against all odds. It has held strong despite the recent slowdown and is still in a very visible uptrend. This is because Cardano’s best days are ahead of it.”
Guy also mentions Project Catalyst, a series of crowdfunded projects in the Cardano ecosystem that he believes could create opportunities for up to 100x returns.
“This profit potential could bring record numbers of retail investors and users. I see the possibility that the ADA price could rise to $4-5 per unit.”
Third place on Guy’s list goes to Solana (SOL). The influencer says Solana is “very important” by virtue of its ability to process as many transactions as older payment processors like Visa and Mastercard. Guy also says that, like Cardano, SOL has done very well during the overall slowdown in the cryptocurrency markets.
Guy’s fourth type for Q3 this year is a tier-2 scaling solution – <a href=”https://bithub.pl/poradniki/przewodnik-krok-po-kroku-po-zdecentralizowanych-finansach-bez-oplat-za-gas-w-ethereum-z-polygon/” target=”_blank” rel=”noopener”>Polygon (MATIC). Based on the expectation of an influx of a new wave of new users for MATIC, the analyst says the potential for even a 264% upward rally is by no means an unrealistic vision:
“Mass adoption of Polygon could, by the end of 2021, easily push its price to new all-time highs. In my opinion, a realistic target is $5.”
The last altcoin on Guy’s list is LUNA, the currency on the Terra blockchain. The analyst says that while Terra has yet to be “battle-tested,” a price increase of 506% (by the end of the year) is still possible.
“Call me crazy, but I see LUNA easily reaching $100 by the end of the year if its adoption and innovation continues.”
You can view Guy’s full analysis here:
source of title graphic: link
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