These five altcoins have the biggest upside potential, says crypto analyst Aaron Arnold

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Crypto trader and Altcoin Daily co-host Aaron Arnold shares five crypto assets he thinks are ready to make big moves.

The trader tells his 1.12 million YouTube subscribers that his top choice is CRO, a token native to the Crypto.com digital asset market. As the stock market launches a major global sports marketing initiative, Arnold believes CRO is poised for long-term strength.

“With a historic landmark deal, the LA Lakers home arena, formerly known as Staples Center, was renamed Crypto.com Arena in a $ 700 million deal.

The deal also sees the LA Lakers and LA Kings become official partners in the cryptocurrency exchange.

The naming rights deal is one of the biggest in sports history, and they’ve had the rights to it for 20 years. The reach that Crypto.com is gaining in America and around the world is undeniable. It’s crazy to see Crypto.com running a billion dollar sports marketing campaign.

Other notable partners include the Paris Saint-Germain football team, the UFC, Formula 1 racing, the Philadelphia 76ers NBA basketball team, the Montreal Canadiens NHL hockey team and Italian football league Serie A.

Arnold concludes his thoughts on Crypto.com by saying, “This is huge.”

CRO is currently trading at $ 0.50, down 5% on the day.

Next, Altcoin Daily takes a look at Injective Protocol (INJ), a decentralized exchange protocol (DEX) that includes advanced features like cross-chain margin trading, derivatives, and futures trading.

“Injective Protocol has announced the launch of its mainnet. To accompany [this], Injective is also launching a $ 120 million program to incentivize the sourcing and trading of liquidity. They get people to use their platform. The program will allocate funds to market makers and traders using the protocol based on their activity. “

Arnold also notes that this incentive program is the largest in the Cosmos ecosystem.

“I am optimistic about the injection protocol. “

At the time of writing, INJ is priced at $ 10.62, down 13.77% as part of a larger market correction.

The analyst goes on to discuss the Ethereum-based virtual world, The Sandbox (SAND), which he believes the upcoming launch is “a very big deal”.

Huge Update: Sandbox Metaverse Alpha will launch on November 29 after four years of development. Animoca Brands’ virtual ownership and games company, The Sandbox, is opening part of its metaverse to gamers for the first time via a game to win several weeks [P2E] Alpha event.

The Sandbox virtual game world allows users to monetize their time spent in the Metaverse through a game model to earn. Players can purchase land and create non-fungible tokens (NFT) in-game and earn Sandbox tokens (SAND) by completing various quests. They can also invest their tokens in a variety of other things.

Again, they’re launching the Alpha, then soon the Beta, then soon the full-fledged launch. This is four years of development. It really is a big problem.

The price of SAND has jumped over 22% to $ 4.30 at the time of writing.

Continuing, Austin Arnold discusses the latest news regarding the decentralized Binance Smart Chain (BSC) digital asset exchange. He believes the Ethereum alternative “cannot be ignored”.

“Binance Smart Chain, still in the conversation in an important way. Binance Smart Chain hits all-time high in daily trading. The challenge [decentralized finance] The platform has actually recorded around 1.75 billion lifetime transactions since its launch in August 2020.

Binance Smart Chain as a competitor or interoperator of Ethereum cannot be ignored. “

Currently, the native Binance Coin Exchange (BNB) token is trading at $ 535.37, down 7.75% in the past 24 hours.

Finally, the YouTube host discusses the smart contract network and the Chainlink decentralized price feed service (LINK). He believes the project is still capable of “exponential growth” despite its recent price drop.

“A lot of people will say that Chainlink is dead.

In my opinion, I don’t think Chainlink is going to go away anytime soon, especially when you take a look at the ecosystem. Chainlink achieved record ecosystem dynamics in the third quarter of 2021. When it comes to dynamic ecosystem growth, Chainlink is at the top. If you look at wallets by amount, whether you’re a minnow, starfish, or whale, [the] Chainlink’s accumulation and distribution continues to increase.

Chainlink Oracles has a total secured value (TVS) of $ 76 billion. Total Secure Value hits record high, as Forbes reported, “If Ethereum leads the blockchain race, Chainlink is in pole position among Oracle’s many measures.”

Even the price over a sufficiently long period tends to increase, but many internal measures are on the rise. For these reasons, the synonym for Chainlink is Exponential Growth, and I think it’s undervalued at this point. “

At the time of writing, LINK costs $ 26.74, down 8.26% over the past 24 hours.

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