7 October 2022
These 5 Altcoins Are Set To Surge In 2022
Prominent Crypto analyst Jason Pizzino listed five altcoins that he believes are ready to explode in the coming months.
The first coin in Pizzino’s list is Curve Dao Token (CRV), which is a native token of Curve Finance, a decentralized exchange for stablecoins. The pseudonymous Crypto analyst tells his 244,000 YouTube subscribers that the chart of CRV’s Bitcoin looks bullish.
Pizzino said, “Will it pump like The Sandbox? Probably not, because I don’t think the vision and the excitement and the hopes and dreams can be put into a DeFi project like they can with an NFT/gaming/metaverse project…
But I think there are some big gains to be had in something that is wound up so tightly on a chart like this.”
Currently, CRV is trading at $4.73, plummeting more than 4% in the past 24 hours.
MATIC, the native token for the Blockchain scaling solution Polygon, is the second coin on his list. MATIC has initiated its journey after going sideways against BTC. According to him, if the entire Crypto narrative shifts to ETH, then MATIC looks good. At the time of writing, MATIC is trading at $2.11 with more than 13% in a day.
Pizzino’s next pick is LUNA which is a native token for the smart contract platform Terra. Although the analyst has listed LUNA, he’s more bullish on MATIC and CRV. As of now, LUNA is trading $63.94, up more than 12% in a day.
The fourth coin in Pizzino’s list is STX, the native asset for Stacks. It is an open-source Blockchain network and Bitcoin developer project. According to him, Stacks have begun to break out and could give short-term gains. The asset is currently trading at $2.70.
“You want to see it stay in the all-time highs… Are they going to be as big as metaverse? I’ve already said that I don’t think so. But I want to look at something that’s going to move this quarter or next quarter. Because I’m not sure of those larger-cap metaverse cryptocurrencies, because I think they may have had their move.”
Last on Pizzino’s list is RUNE, the native asset for THORChain. Its Blockchain aims to enable the secure and cheap transfer of assets between different Blockchains.
Pizzino highlighted that the RUNE chart is showing higher lows and higher highs against Bitcoin. He said that RUNE has to surpass Ethereum, which is the strongest player at the moment. At the time of writing, RUNE is trading at $10.68, with a 7% loss in a day.
Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.