Crypto Analyst Lark Davis Names His 5 Favorite ‘Cheap’ Altcoins on Binance
In a recent video for his very popular YouTube channel, popular New Zealand-based crypto influencer Lark Davis (@TheCryptoLark on Twitter) talked about five of his favorite “cheap” coins on Binance that have “big potential.”
These five altcoins are Polygon ($MATIC), Injective Protocol ($INJ), Marlin ($POND), Kava ($KAVA), and OpenOcean ($OOE). Below, we highlight some of the comments Davis made about each of these.
“In spite of the high market cap, I currently believe this is a coin with some serious potential that the wider market really seems to not understand at this time… Polygon, right now, is the #1 Ethereum Layer 2 scaling solution, which considering Ethereum’s high fees right now, that’s a pretty big deal.“
Injective Protocol ($INJ)
“This is a decentralized exchange and derivatives platform based on Cosmos… this is a beast… It’s using layer 2 technology, meaning that they’re able to offer literally zero gas fee trades… currently still in testnet phase… when the mainnet launches, I expect this coin will see some price appreciation…“
“… a high performance Layer 0 blockchain network with a focus on delivering high quality infrastructure for DeFi… Now what Marlin does is basically allow any blockchain network to improve their performance… think of it like a high octane gas that they can use to make things go better.“
“This is a very underrated, but a very powerful DeFi protocol… Kava allows you to lend, borrow, earn, and exchange via its platform, all done with cheap fees and high speeds thanks to being built on the Cosmos SDK.”
“Still in its token sale phase, with the sale scheduled later this month… Binance is a lead investor in OpenOcean and Binance almost always lists the coins that they are invested in.“
Featured Image Credit: Photo via Pixabay.com
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a high risk of financial loss.
Source: Read Full Article