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Top 6 Altcoins Set to EXPLODE in FEBRUARY 2021 | Best Cryptocurrency Investments | Ethereum News - YouTube
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all right welcome back everybody to altcoin daily聽
ethereum is about to have its highest monthly聽聽
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close ever february and beyond is going to be one聽
hell of a month for altcoins this chart speaks for聽聽
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itself so if you're interested in making money聽
in cryptocurrency and you want to stay up to聽聽
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date on a daily basis subscribe to the channel聽
join the altcoin daily team and in this video聽聽
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i want to go over my top six coins in february聽
specifically that i think are about to explode聽聽
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i'm going to back it up with reasoning i'm going聽
to back it up with data so make sure that you聽聽
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watch the entire video today or risk missing聽
out and take 10 seconds drop a comment below聽聽
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i want to hear your favorite coin i want聽
you to comment your favorite coin below聽聽
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we'll all be reading the comments together with聽
that being said let's get into it coin number one聽聽
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forever and always is bitcoin guys do not sleep on聽
bitcoin the floodgates are open money is about to聽聽
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start pouring into bitcoin it will not be below聽
40 000 forever check out some of these metrics聽聽
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new subscribers to the subreddit our bitcoin聽
has spiked like crazy we've never seen this聽聽
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much interest for more precise data so this is how聽
you should think about it until last week the our聽聽
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bitcoin subreddit added between twenty thousand聽
and thirty thousand new members on a weekly basis聽聽
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this is good by itself however that number聽
of subscribers surged to more than a hundred聽聽
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and fifty 000 for the week of january 24th聽
so again i tell you the floodgates are open聽聽
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i know it's hard to imagine bitcoin at higher聽
prices because we've never seen it before聽聽
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but what is the fair value of bitcoin well raul聽
paul's global macro investor report estimates聽聽
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bitcoin's fair value will be at 300 000 by october聽
of this year this isn't just a whim of his this is聽聽
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backed up by metcalfe's law bitcoin's network is聽
growing so much if you know about metcalfe's law聽聽
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you know that 300 000 per bitcoin by october is聽
not out of the question and although bitcoin is in聽聽
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chop solidation at the moment according to聽
on-chain expert willy woo that's not going to last聽聽
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for long with the current flows of capital coming聽
into bitcoin the consolidation floor is expected聽聽
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to be 29 000 on daily closes this is of course聽
short of a black swan event which could you know聽聽
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obviously if you know this is a risky risky market聽
guys so make your own decisions never invest more聽聽
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than you're willing to lose upper bounds local聽
upper bounds for bitcoin at the moment would be聽聽
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56 000 and quickly rising each and every day聽
so do not sleep on bitcoin guys and with that聽聽
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being said let's move on to coin number two do聽
not sleep on ethereum ethereum's price passes聽聽
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another milestone ethereum just logged now 28聽
straight days with the closing price above 1 000.聽聽
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ethereum is consolidating near its highs when this聽
happened with bitcoin bitcoin shot from 19 000聽聽
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to 42 000 yes it's possible eth could see you聽
know a pullback shake some people out but i think聽聽
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ethereum is about to blow i mean its highest聽
monthly close ever this chart speaks for聽聽
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itself coin number three on our list is the聽
native token for the decentralized exchange聽聽
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uniswap robinhood has been giving decentralized聽
exchanges free advertising on a global level聽聽
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people are starting to realize the benefits of a聽
decentralized exchange and with uniswap logging聽聽
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more than 30 billion in january i think it's聽
about to have its best month ever this is the聽聽
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current price chart it's at all-time highs guys i聽
think the trend is your friend how can you not be聽聽
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bullish on decentralized exchanges coin number聽
four sushi swap sushi swap is actually eating聽聽
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into una swaps market share following the urine聽
merger so if you're bullish on uniswap which is聽聽
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hitting all-time highs why won't you be bullish on聽
sushi swap since merging into the urine ecosystem聽聽
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the sometimes controversial decentralized exchange聽
sushi swap has been consistently eating into聽聽
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uniswap's dominance of this sector on january聽
29th so pretty recently a missouri researcher聽聽
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tweeted out data illustrating that uniswop's聽
share of the automated market maker sector聽聽
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has declined versus sushi with sushi's聽
shares expanding from mid-december until聽聽
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last week so you can see that interest in sushi is聽
also at all-time highs trending up i think there's聽聽
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a lot of reason to be bullish on decentralized聽
exchanges and decentralized finance in general聽聽
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injective protocols makes number five on聽
our list a decentralized derivatives trading聽聽
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any market anytime anywhere so amid the robin聽
hood backlash again this is the catalyst that will聽聽
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make people interested in finding alternatives聽
injective protocol launches the world's first ever聽聽
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decentralized commission free gamestop futures聽
trading and if you're unfamiliar with injective聽聽
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protocol layer 2 decentralized exchange protocol聽
that unlocks the full potential of decentralized聽聽
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derivatives and borderless defy injective protocol聽
enables fully decentralized trading without any聽聽
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restrictions allowing individuals to trade on any聽
derivatives market of their choosing injective聽聽
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protocol was incubated by binance labs and backed聽
by three million in funding from pantera binance聽聽
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hashed and other notable investors so injective聽
sushi uniswap i'm bullish on all three of those聽聽
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at the moment coin number six on our list today聽
is cardano they have some major news actually聽聽
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happening in two months i think this is going to聽
be a great opportunity to buy the rumor sell the聽聽
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news in that i think cardano is going to see a聽
price run up i'm i'm bullish on cardano in the聽聽
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short to mid term so in 61 days cardano will be聽
completely in the hands of stake pool operators聽聽
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on march 31st all of the blocks on the cardano聽
network will be produced by independent stake聽聽
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pool operators iohk the company behind cardano聽
will no longer participate in block production聽聽
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this is good this is what you want to see making聽
cardano the only truly decentralized blockchain聽聽
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network on the market disagree with that sentence聽
in fact that sentence is not correct either way聽聽
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cardano is becoming more and more decentralized聽
and they're doing what you would want them to聽聽
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do if you're a cardonal believer and now that聽
we're in a bull market this is what retail wants聽聽
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so cardano makes number six on our list this is聽
cardano's price history it's making higher highs聽聽
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it's making higher lows prepare for pullbacks聽
we actually have a bonus coin on our list today聽聽
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cosmos actually had seven coins i think cosmos is聽
about to have a good february i'm going to clue聽聽
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you in as to why if you're unfamiliar with cosmos聽
cosmos is a dual layer network that enables token聽聽
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data and asset exchanges between blockchains聽
each chain on the network operates independently聽聽
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so interoperable but still independent cosmos聽
hubs validate unchained transactions and earn聽聽
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adam through staking adam is the native聽
cryptocurrency token for the cosmos network聽聽
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if you want to know why i'm including them on this聽
list why i think they're going to have a bullish聽聽
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february check this out in february the stargate聽
upgrade for cosmos will include the release of聽聽
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the inter-blockchain communication protocol聽
ibc which will turn interoperability from an聽聽
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idea to production ready reality so this is a big聽
thing by the way the block has mapped out a total聽聽
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of 143 projects across 17 different verticals聽
currently developing on the cosmos ecosystem聽聽
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so cosmos is not a dead chain it is definitely one聽
to watch this is cosmos full price history so kind聽聽
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of looks bullish kind of starting to consolidate聽
near the highs so let me know in the comments聽聽
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below which coins you like from our list and聽
let me know in the comments below which coins i聽聽
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missed on our list make sure you subscribe to the聽
channel for daily videos just like this one feel聽聽
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free to check out either of these two videos for聽
more information either way i'll see you tomorrow
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