A cryptocurrency analyst, Ben Armstrong, recently revealed five possible altcoins for the next bull run in a video on YouTube. Render (RNDR), Theta Network (THETA), Pyth Network (PYTH), Conflux (CFX), and Radix (XRD) are on his radar.
Armstrong’s Bullish Picks: RNDR, THETA, PYTH, CFX, XRD
Over the course of a two-year period, RNDR managed to attract the interest of Armstrong. He anticipates a favorable user adoption scenario and envisions a rise in worth, especially in the Web3 and Metaverse sectors, thanks to Render’s decentralized storage capacity.
Moreover, Theta, a project that operates on a decentralized streaming model, has successfully positioned itself in the aftermath of the significant growth of the cryptocurrency industry in 2021. Armstrong foresees an increase in its worth as more streamers enter the market.
Armstrong sees PYTH as Solana’s answer to Chainlink (LINK). He notes LINK’s lack of competition until now and speculates that PYTH could surpass LINK in the next bull run, especially if Solana outpaces Ethereum.
Furthermore, Conflux earns Armstrong’s endorsement due to robust Chinese support, likening it to the Chinese equivalent of Polygon. He envisions China and Hong Kong emerging as major crypto players, potentially propelling CFX’s price.
Additionally, impressed by recent discoveries, Armstrong singles out Radix as a standout project. Notably, Radix is among the few in the market delivering on its promises, a factor that caught Armstrong’s attention over the past couple of days.
As the crypto market gears up for the next bull run, Armstrong’s insights on these altcoins give enthusiasts valuable perspectives on potential movers and shakers.
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Furthermore, the author’s views are for reference only and shall not constitute investment advice. Before purchasing, please ensure you fully understand and assess the products and associated risks.
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