Popular analyst who stands out with his crypto money predictions and analysis Lark Davis, announced the altcoins that it thinks may soon break bullish records despite this decline. Davis emphasized that these projects based on the Binance Smart Chain network have reached an important level in terms of both fundamental and technical analysis.
Lark Davis Draws Attention to 3 Altcoins
The first cryptocurrency that the analyst pointed out is the token of PancakeSwap, the largest decentralized exchange in Binance Smart Chain network. CAKE happened. The total number of transactions on the Binance Smart Chain network recently exceeded the number of transactions on the Ethereum network. This shows that the record on the basis of BSC could also affect PancakeSwap. As the volume of the largest decentralized crypto exchange on the network increases, its crypto currency may also be positively affected by the events.
Davis expects a rise until CAKE takes the position of Uniswap. The other crypto currency that the famous analyst expects to rise was FINE. Refinable’s crypto money FINE, which is an NFT-based market, has recently managed to make its name.
Davis emphasized that the NFT industry is still very popular and that FINE could join this upward wave. FINE’s investors include Binance and Mr. Beast is also included.
The analyst’s third altcoin choice is SMTY happened. SMTY, Smooth Finance’s cryptocurrency, has great potential, according to Lark Davis. Stating that the DeFi sector continues to develop, Davis emphasized that SMTY is also an infrastructure-oriented platform.
* It is not an investment advice, the views of the relevant analyst have been conveyed.