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Top 5 Altcoins That Could Ignite the Next Bull Market

Published 01/12/2023, 19:25
Updated 01/12/2023, 19:45
Top 5 Altcoins That Could Ignite the Next Bull Market

Coin Edition -

  • Ben Armstrong shared in his latest YouTube video that he is keeping an eye on CFX, THETA, XRD, PYTH, and RNDR.
  • According to the influencer, RNDR is a promising project that could play a big role in the growing Web3 and metaverse spaces.
  • Armstrong also speculated that Solana could overtake Ethereum in the next bull run, which could cause PYTH to surge.

Crypto influencer Ben Armstrong revealed 5 altcoins that he believes could explode in the next bull run. In his latest YouTube video, the influencer named Render (RNDR), Theta Network (THETA), Pyth Network (PYTH), Conflux (CFX), and Radix (XRD) as the cryptocurrencies to watch in the next bull run.

Looking at RNDR, Armstrong highlighted the project’s explosive performance over the past 2 years. He predicted that Render’s decentralized storage offering would be valuable as the Web3 and metaverse spaces become more prominent. This, in turn, may lead to the altcoin’s price skyrocketing in the next bull run.

Meanwhile, THETA has established itself as a top project in the cryptocurrency space ever since the 2021 bull run, said the influencer. Given the growing number of streamers in the market, he believes that THETA, being a decentralized streaming project, could see its value surge in the coming months.

Armstrong labeled PYTH as the Solana version of Chainlink (LINK). At the root of his positive outlook for the project is the fact that LINK has not had a competitor up until now.

Furthermore, the influencer speculated that there is a possibility that Solana (SOL) could overtake Ethereum (ETH) in the next bull run. Subsequently, he believes that PYTH could also overtake LINK in the next bull run.

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Conflux is a great project to get into, according to Armstrong, given its strong Chinese backing. He believed the project is a Chinese version of Polygon in functionality, saying that Conflux can be seen as the Chinese Layer-2 network.

The Influencer then went on to share his belief that China and Hong Kong could become major players in the cryptocurrency space. Should this happen, he believes that CFX’s price may soar.Last but not least, Armstrong shared that he stumbled upon Radix over the past couple of days and was impressed with what he uncovered. What stood out for him was the fact that the project is one of the very few in the market that is actually doing what they said they would.

The post Top 5 Altcoins That Could Ignite the Next Bull Market appeared first on Coin Edition.

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