Coin Edition -
- Altcoin Daily host identifies crypto tokens investors could profit from this March.
- The analyst’s list includes LINK, UNI, IMX, and SUPER.
- The host believes Ethereum’s network effect signals more growth for ETH.
The Altcoin Daily YouTube channel host has identified some crypto tokens investors could profit from by adding them to their portfolios this March. In a recently uploaded video, the host explained why Ethereum, Chainlink, Uniswap, Immutable, and SuperVerse are potential top performers soon.
The host described Ethereum as “Digital Oil,” noting that the looming ETH BlackRock ETF approval would catalyze an ETH rally similar to BTC. He highlighted Ethereum’s network effect as a signal for upcoming growth, citing the altcoin’s market cap’s impressive value. According to the host, Ethereum has a colossal market cap of $426.44 billion, surpassing some of the biggest names in the mainstream economy.
Meanwhile, the analyst cited Ethereum’s decreasing supply since “The Merge” as a crucial factor in the altcoin’s increasing value. He noted that Ethereum’s supply is shrinking by 1% per year, meaning that Ethereum removes 1.2 million ETH from circulation every year.
The Altcoin Daily host is bullish on Chainlink and thinks the blockchain’s token, LINK, will rally significantly soon. He backed his Chainlink projection with the blockchain project’s development, which enables interoperability across independent blockchain networks. According to him, Chainlink integration would lead to massive ecosystem growth for blockchain and significant LINK adoption.
Next on the analyst’s list is Uniswap, the leading decentralized exchange (DEX) in the Western world. According to him, Uniswap recorded 1.32 million users in 2024, with a daily average trading volume per user averaging $10,000.
He also included ImmutableX among the expected top performers for the future, citing the skyrocketing number of users on the platform. The project recently announced that 200,000 gamers signed up for the Immutable Passport. That adds to the existing millions of players active within the Immutable ecosystem.
Finally, the host highlighted SuperVerse’s partnership with Polygon, ImmutableX, and Beam as a significant growth factor for the blockchain project. He believes the nature of SuperVerse’s partnerships and how they integrate SUPER into the systems will catalyze the crypto token’s growth shortly.
The post 5 Altcoins to Consider Adding to Your Portfolio This March appeared first on Coin Edition.