These Two Altcoins Have Huge Potential According to Cryptocurrency Analyst
Cryptocurrency analyst Aaron Arnold has unveiled two altcoins that he thinks have huge potential.
The crypto analyst says the first altcoin with huge potential is Chainlink (LINK), an Ethereum-based crypto project that facilitates data transfer from off-chain sources to smart contracts. Arnold said Chainlink Labs made a “big win” after former Google CEO Eric Schmidt joined Chainlink as a strategic advisor.
“Eric Schmidt will join Oracle solutions provider Chainlink labs as a strategic consultant. Chainlink said in Tuesday’s announcement that Schmidt will guide the company’s scaling strategy as it uses Oracle networks to trigger smart contracts. This is a huge win, a very connected guy, a huge win for Chainlink Labs.”
The cryptocurrency analyst believes that the second altcoin with great potential is Tezos (XTZ).
Tezos has been chosen by video game giant Ubisoft as its blockchain platform to launch new in-game NFTs.
Ubisoft is the publisher of games such as Assassin’s Creed, Tom Clancy’s Rainbow Six Siege, Far Cry, Just Dance and Prince of Persia. The company said it plans to create a “true metaverse” and has chosen Tezos to help overcome “the early form limitations of blockchain for gaming, including scalability and energy consumption.”
Arnold commented on this issue:
“Main game giant Ubisoft was the first major game company to release in-game NFTs. This is a huge milestone for cryptocurrencies, NFTs and the gaming industry in general. Now the gaming giant will implement NFTs at one of its main franchises in a new venture working on Tezos. This is a huge win for Tezos adoption.”
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