Analyst Ben Armstrong predicts 2X rally for ETH, MATIC and 3 other altcoins in December
Widely-followed crypto trader Ben Armstrong shares with his subscribers 4 altcoins under his radar that are deemed to make explosive rallies in December.
Polygon (MATIC) and Ethereum (ETH)
First on the trader list are Polygon (MATIC) and Ethereum (ETH).
According to Armstrong, 2021 has been the year of Ethereum. It has changed the internet and data forever and brought blockchain to the masses through smart contracts and most notably, NFTs.
However, he highlights that Ethereum may be the leader, but its network effects have brought layer 2 solutions to the forefront as well. And this brings our attention to Polygon as it has delivered on its promises being the star on the Ethereum tree.
“The network of Ethereum combined with the speed of Polygon has made for a killer combination we’ve been telling you about for months. All of that hype, buzz and development will be culminating in an explosive December that you’ll for sure remember.”
For those reasons, Armstrong predicts ETH to reach $10,000 this month and Polygon could see a 2X pump as well, breaking its all-time high of $2.68.
Kadena (KDA)
Kadena (KDA) is part of the big three smart contract platforms that are looking to carve their place in blockchain history.
“This little project from JPMorgan has rocked our socks off this year. It’s going to keep blazing trails to new heights like reindeer on Christmas Eve. The gains from this project in particular have been sweeter than a peppermint latte.”
According to the trader, KDA has pumped over 7,000% over 1 year, from $0.16 to $16. However, he believes the ceiling price for Kadena has not been seen yet. If it mimics other projects like Solana, Kadena is still looking at a 10X or more.
Sandbox (SAND)
Sandbox (SAND) is a game similar to Minecraft or Roblox but with triple-A graphics and a development team of industry veterans. Players make their own games and experiences in Sandbox as well as tailored gameplay from the top tier IP like The Walking Dead.
As the analyst says, the price of Sandbox’s native SAND token has risen dramatically over the last 60 days and sitting at $7 at the time of the recording.
Avalanche (AVAX)
Last on the list is Avalanche (AVAX), another smart contract platform that’s been chasing Solana the past few weeks and “has been melting faces with one parabolic run-up after another.”
According to Armstrong, tts utility, speed and ease of use sets AVAX apart from other tokens, and the amount of DeFi on the platform is excellent.
“Avalanche has only just started unwrapping presents this year and is sure to be moving on to the bigger ones next.”
Armstrong also says he is predicting AVAX to surpass $200 or more in December.
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