Crypto Trader Lark Davis Lists Top Six Altcoins To Buy in March 2021
Cryptocurrency trader and influencer Lark Davis are naming six altcoins that he says have the potential to become big engines in March 2021.Pay Silk
In a new video, Davis tells his 224,000 YouTube subscribers that he is keeping a close eye on Cardano (ADA) as the third-largest crypto asset is set to continue its meteoric rise. Pay Silk.
The big news for Cardano is that Mary’s hard fork will go Mainnet on March 1. Now this hard fork will help Cardano take the next steps [to] become a fully functional ecosystem. We will see that the tokens are finally implemented. We will see smart contracts on the main chain. This is the first step for that to happen.
The next coin on Davis’ list is Kusama (KSM), which the cryptocurrency trader refers to as Polkadot’s little brother (DOT). Pay Silk.
The parachute auctions will be coming to the Polkadot ecosystem soon and the first stop is Kusama … We know that they will come very soon and that the parachutes will happen first in Kusama and then in Polkadot after that. Kusama has been making a lot of recovery in recent months. I hope he continues to rally much stronger in anticipation of the first few parachute auctions.
The third currency to watch out for, Davis says, is Litecoin (LTC) as he prepares to roll out the MimbleWimble privacy update.
MimbleWimble is a big business as it will bring privacy to Litecoin. It will be the biggest upgrade to silver cryptocurrency in recent years.
At number four is Polygon Blockchain Scaling Solution (MATIC).
With Ethereum 2.0 basically insight, it will really come down to two-scale layer solutions to take over from here on out and there is no bigger and more important scale layer two solution than Polygon.
At number five is the decentralized derivatives exchange (INJ) injective protocol. Pay Silk.
It’s a completely decentralized layer two exchange, low fees, high speed, everything you want in a decentralized exchange. Allowing you to trade any market in and out of crypto, Injective has absolutely broken it with excellent partnerships left, right, and center, partnering with Avalanche (AVAX), Marlin (POND), Ocean, Unilend (UFT). Appears in recent weeks, the currency markets, as well as the trading of stocks, bringing those derivatives markets.
The last coin on Davis’ radar is the Uniswap decentralized exchange (UNI) (DEX).
Uniswap has been preparing v3 in the development kitchen for a long time … It is more and more likely that we will receive an announcement about the release of Uniswap v3, which will mean two very, very important things for the UNI token. One is that the fees will be shared with token holders, which with the current daily volume of around $ 1 billion per day on Uniswap, could be a pretty lucrative token to hold. Pay Silk.
And the second thing it means for Uniswap and perhaps the most important part of Uniswap v3 is that it will include layer two scalings… Layer two scaling should bring the fees to use Uniswap of the current $ 50, $ 60 per operation, which It’s ridiculous, like a penny per change in gas rates. It will be a game-changer.