Here are the best crypto assets to own as the new month arrives, according to crypto trader Lark Davis

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Popular crypto trader Lark Davis names five altcoins that he says can generate huge gains amid sustained fundamental developments.

Davis tells his 448,000 YouTube subscribers that he’s watching EGLD, the native asset of the Elrond high-speed blockchain project. The analyst cites the news of the Maiar d’Elrond decentralized exchange (DEX) launch next month.

“Elrond is basically Ethereum 2.0. But now it has all the great tech, and it’s a coin that continues to gain attention and grow the community, and they’re about to launch their technology into the wild. and actually having a DeFi (decentralized finance) ecosystem and a token ecosystem and launch pads and it all begins. “

According to Davis, the Maiar DEX marks the start of a good DeFi ecosystem for Elrond.

Next on Davis’ list is DOT, the native token of the interoperable Polkadot blockchain. The trader points out that the Polkadot parachain auction is scheduled to start on November 11.

“We’re going to see a lot of money pouring into this parachain auction.”

Parachain auctions allow participants to place bids on a project they wish to support in order to secure one of Polkadot’s limited number of parachain slots.

Davis is also keeping a close eye on MOVR, the utility token of the Moon River Network smart contract protocol. The analyst says there is an “incredibly large community” behind the project.

He also notes that the automated market maker SushiSwap is in the process of being integrated into Moonriver.

“We’re starting to see a lot of DeFi protocols and stuff like that coming aboard Moonriver. It is therefore essentially Ethereum, but on Kusama…. except it’s not even at a market cap of $ 1 billion yet. Think how crazy that is.

Next on Davis’ list is WILD, the native token of Wilder World, a decentralized metaverse project built on Ethereum (ETH).

said the trader,

“This thing, I’m telling you – it’s going to have a billion dollar market cap… potentially a multibillion dollar market cap coin when you actually look at the charts and the metaverse and what’s built here. It looks nice.

The last coin on the trader’s radar is LUNA, the native token of the Terra smart contract platform. The analyst predicts that LUNA will reach more than $ 100, citing reports that more than 160 projects will be launched on Terra in the near future.

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