Lark Davis mentions Polygon as one of four cryptos that will be made massive in July
Lark Davis mentions Polygon as one of four cryptos that will be made massive in July
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- Lark Davis explains that the possible approval of a Bitcoin ETF could send the price of the assets to the moon .
- he mentioned that the use of the polygon network is one of a hundredth of the price of the basic Ethereum transaction.
The cryptoma market experiences a boring phase. But with a new month there is a new opportunity. According to a crypto influencer and YouTuber Lark Davis, four cryptos can still bring massive profits because they have some catalysts. In a Video , the analysts revealed four cryptos that are probably exploding, and outlined the various reasons for it.
ether
Ethereum, the second largest cryptocurrency after market capitalization, has a large catalyst in July. Ethereum London upgrade was recently started on the testnet. Davis mentioned that the highly expected EIP 1559, which is part of the London upgrade, could drive the price to a new height.
If no bigger problem occurs, there will be an upgrade to Ethereum in about two or three weeks.
The upcoming EIP 1559 will make the fee more reliable and improve the Layer 2 integration for Ethereum. The digital asset will also go through a massive transformation into deflationary cryptocurrency. In the video, he explained that the fundamental factors, both technologies and innovations that led to the price of reaching an all -time high, are still present and will again drive the asset to new highs.
Bitcoin
According to Davis, Bitcoin could prepare for a big step. This is strongly influenced by the latest applications for Bitcoin Exchange-Traded Fund (ETF) that are waiting for approval by the SEC. Cathie Woodes Ark Invest recently joined the Bitcoin ETF race.
Read more : ARK Invest cooperates with 21shares to apply for Bitcoin ETF
He also mentioned that the quality of this application comes from the largest and multiple successful companies that can have a positive impact on Bitcoin.
Even if it lasts until the end of July or August or even December, one of these companies gets admission.
If the Bitcoin ETF is approved, the price will explode and money flows into Bitcoin before it finally flows to other assets.
cardano
Cardano has an incredible community behind his project. 50,000 new staking addresses were recently added in just three weeks. This explains that many Cardano holders are on board to invest their assets. Cardano is located in the age of Smart Contracts. This means that there will be new additions to its basic application "Staking of ADA for ADA".