Altcoin
They can achieve these goals!
Arthur Hayes-Linked Crypto Fund Expects a Chain shirt rival could explode up to 230% from current levels. One of altcoin Ethereum’s main competitors has the potential to surge as much as 170%, according to an analyst who has watched Bitcoin collapse in 2022. Renowned crypto analyst Ali Martinez is optimistic about a Layer-2 token.
FLR Price Prediction: The potential for this altcoin is high!
This is according to Maelstrom Fund, an early-stage cryptocurrency investment fund managed by Arthur Hayes’ family office Glow (FLR), a relatively new competitor to blockchain and Chainlink (LINK), is currently “probably undervalued.” “Chainlink’s advantage of being a pioneer has given him a huge advantage with numerous projects already integrated with his services. However, as Flare gains traction, he has the potential to quickly capture Chainlink,” the fund said.
“To further illustrate Flare’s potential,” Maelstrom Fund says FLR’s fully diluted valuation is currently about 23% of Chainlink’s, but the startup has less than 10% of the project integrations that Chainlink already has, with based in Ethereum (ETH). The fund highlights how it differs from other oracle providers, including the one based on Solana Pyth Network. In this regard it is said that unlike them Flare “can also build its own local ecosystem”. According to Maelstrom Fund, if Flare reaches 50% of Chainlink’s valuation, the FLR token could increase by approximately 2.2 times. The fund also predicts that if Flare reaches 75% of Chainlink’s valuation, FLR would increase 3.3x.
DOT Price Predictions: 170% Increase on the Table!
Crypto Chief, a widely followed cryptocurrency analyst who accurately predicts Bitcoin (BTC) to fall below $30,000 in 2022, says that if major altcoin rival Ethereum Polkadot (DOT) manages to stay above the key support level of 6 dollars, it could jump up to 172% from current levels. In this context, the analyst makes the following statement:
POINT: After being rejected at the resistance, it has now moved back to the major support. If this support holds, we should see a move towards the same resistance ($10 to $11). If this level is exceeded, it could reach $15-17.
ARB Price Prediction: Alcoin Signaled a Buy!
Renowned crypto analyst Ali Martinez is optimistic about the Ethereum Layer-2 solution Referee (ARB). The analyst says ARB’s TomDeMark (TD) sequential indicator has provided a buy signal on the token’s weekly chart. The analyst expects a rebound for ARB between one and four candlesticks.
The opinions and forecasts contained in the article are those of the analysts and do not constitute investment advice. AS Cryptokoin.comWe strongly advise you to do your research before investing.
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