Popular crypto dealer Kevin Svenson thinks one alternate altcoin will surge up greater than 50 spots within the market cap rankings over the course of the following bull run.
In a brand new tweet, Svenson tells his 99,200 followers that KuCoin Token (KCS) will comply with within the footsteps of Binance Coin (BNB) and Cronos (CRO), evolving from the 76th-largest crypto asset by market cap right into a top-25 token.
“KuCoin Token was one of the strongest assets during the entire downtrend since November 2021. It went up against BTC and held its value… so just imagine what KCS will do in a bull.”
KuCoin is an exchange-specific token constructed on the Ethereum (ETH) blockchain. KCS, KuCoin’s native token, is used to incentivize participation on the community by decreasing buying and selling charges and rewarding holders.
KuCoin is buying and selling at $21.72 at time of writing and is up almost 19% up to now seven days.
Moving ahead, Svenson thinks it will likely be the top-performing altcoin amongst all crypto property presently within the top-100 market cap rankings.
Earlier this month, the analyst known as a price leap for the layer-2 protocol Loopring (LRC).
LRC’s price enhance coincided with Loopring asserting the beta model of GameStop’s new non-fungible token (NFT) platform constructed on its blockchain was stay for early sign-ups and fund deposits.
Disclaimer: Opinions expressed at The Daily Hodl should not funding recommendation. Investors ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses you might incur are your duty. The Daily Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Daily Hodl an funding advisor. Please be aware that The Daily Hodl participates in affiliate marketing online.
Featured Image: Shutterstock/Alberto Andrei Rosu/Natalia Siiatovskaia