Crypto analyst Nicholas Merten is revealing the most important altcoins that we should be looking at this year in Q2. Check out the latest predictions below.
The analyst addresses the reasons for which he has an optimistic outlook for Unibright (UBT), a blockchain for enterprise solutions.
Most important coins to watch in the near futureMerten says that Unibright’s core enterprise token UBT is serving a lot of purposes for the network, but its staking mechanism is particularly bullish for the price of the crypto asset.
“UBT is used in a variety of ways with regards to the network. The main one though is staking. The important thing to understand here is that this is not inflationary staking, so I think this is really going to be exciting. It’s going to set demand for UBT token.”
The crypto analyst is seeing a successful future for XRD, the crypto asset of the public decentralized network Radix. The platform aims to rival the DeFi leader, Ethereum (ETH).
“Imagine trying to build a home and always feeling like you’re constantly worried that something in the foundation is going to break and it’s all going to collapse. That is the biggest flaw with Ethereum right now…”
The analyst continued and said:
“It could be a major setback and that’s where again protocols like Radix potentially serve as a replacement, as an alternative in the market, or as a potential comparative player in the space.”
He also said that what he likes about Radix is it started to trend higher. He noticed that it started to outpace Ethereum over the past couple of weeks getting back to where we were in mid-February.
“I think that we’re really going to start to trend higher here in regards to price, especially when we’re revisiting the price range where we saw a major breakout back in November of 2021.”
The post Top Altcoins For Q2 2022 Are Revealed first appeared on CryptoGazette - Cryptocurrency News.
