Here Are The Coins You Should Be Watching This March | CryptoGazette
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The crypto market seems to be doing better today, following the sudden price drop from the other day. At the moment, the most important coins are trading in the green and things are looking brother ahead of the weekend. Check out the latest reports about the most exciting coins that you should be watching this March.
As the online publication, the Daily Hodl first noted, there is one popular crypto analyst who is naming his top five altcoins, including three Ethereum-competitors, to keep an eye on in March 2022.
Bulls for ETH and competitors
In his latest YouTube video, Altcoin Daily co-host Aaron Arnold explained that he is bullish on Ethereum (ETH) and its layer-1 ETH competitors.
“I’m bullish on alternative layer-1s, but let’s not forget the king of layer-1s – Ethereum.”
He continued and said the following:
“How could you not be bullish with so many different verticals that are contributing to the great tokenomics that is Ethereum? Sometimes it’s NFTs [non-fungible tokens], sometimes it’s DeFi [decentralized finance].”
The YouTube analyst is making a reference to a tweet from crypto reporter Jacquelyn Melinek to support his bullish stance.
“Total DeFi addresses are at 4.4 million, up 203% from year-ago date.”
As the online publication mentioned above notes, Arnold is bullish on Cosmos (ATOM).
“The Cosmos ecosystem is gaining steam, and is unique among L1 alternatives to ETH. It’s architected as a constellation of L1’s that are natively interoperable. This means horizontal scaling where each DApp [decentralized application] creates its own capacity. And it means assets can move between chains,” he said.
The analyst continued and explained that he has been a big fan of Cosmos for a while now and he likes the fact that the project is decentralized and decentralizing.
He is also saying that we should be keeping a close eye on Solana and AVAX.
Stay tuned for more interesting news and make sure to keep your eyes on the crypto market.
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