Crypto Breakdown

Top 3 Coins With The Most Growth Potential | Crypto Daily October 19, 2021


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Today On Crypto Daily we look at the top 3 coins with future growth potential:

  • MATIC
  • POLIS
  • LINK

Hosts:

Joe Dewitt [email protected]

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Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Hey everybody happy Tuesday morning. My name is Joe Dewitt and this is crypto daily. Let's jump straight into it. Taking a look over at Bitcoin Bitcoin continues to look strong.


It is breaking out of that really small little consolidation. It had, um, heading up to that 65,000 levels zone. Um, I'd expect us to get there in a matter of a few days. Um, if not, we'll bounce down to that 58 with a target, getting back up to that 65 over to a theorem, we were up 2% on the day chart is looking great.


Although we did come down for a little short term, double top, we touch that. 39 70 and we were coming back down to consolidate in that zone. Um, if we dropped down any lower, we'll touch that 50 day moving average at about 3,500. And then back up to that 4,000 zone. Now, taking a look over at doge coin, doge coin, as we've been discussing has been riding that 50 day.


Moving average yesterday, we hopped above that moving average, touching that 200. Today we have formed a little Doji, which of you are unfamiliar. A doji is just a candlestick. That price has closed and opened at the same time. Um, it is yet to be confirmed for this daily, uh, stick to close, but if it closes at a doji, that would be a bearish sign and we will be hopping below that 50 day.


Moving average, if it can, if price can get above that, uh, 25, 20 6 cents. We'll be looking at an upwards trend heading up to that 200 day, moving average at 30 cents. And today we're going to do a little section where I'm going to talk about the top three coins with the most growth potential, and the first token with the highest growth potential we're going to talk about would be star Atlas, ticker POLIS star Atlas is a decentralized play to earn game that is being built on the Solana network.


It is one. Away from launch on they're still in the process of building the game. Although the community is very, very large. The market cap right now for policy is sitting at about $160 million. So for a game that's not even fully developed yet. Um, it has a lot of room for. And considering the future of play to earn games, it can be a very, very promising project.


The second token that I believe has the most room for growth would be polygon. Ticker MATIC polygon is a layer two solution that provides a scaling for Ethereum. It reduces the cost of different transactions on the next. It's an awesome, awesome layer to, uh, it's going to be very beneficial for Ethereum is they're yet to roll out their theorem 2.0 and switch to proof of stake.


So in the meantime, MATIC has amazing room for growth. Its current market cap sitting at about 10. And the last token I believe has the highest room for growth would be a chain link. Ticker link chain link is a decentralized Oracle network, which means they provide data for blockchains. So block a lot of blockchains are unable to receive data from the outside world in different.


So chain link partners with all of these blockchains to bring them data. Um, chain-link is a very, very important feed that people like to often overlook. I think within the development of chain-link is going to grow. It is very undervalued now sitting at about $26 on the market cap at 11, 11 million. Um, there is plenty of room for growth here.


Even if it went to 30 million, 40 million, that's still putting us around 70, $80, um, which is not at all an unrealistic growth. Thank you guys so much for tuning in. Feel free to shoot me an email. If you have any suggestions on tokens to cover and make sure to follow me on Twitter, that'll all be in the description below.


Thank you guys. Quickly. I just want to say that this is not financial advice. I encourage everyone out there to please do your own research before investing in cryptocurrencies, as they are very volatile assets.



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