Company adoption will trigger $ 1 billion hike in two altcoins, crypto trader Tyler Swope predicts

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Crypto trader Tyler Swope predicts a billion dollar deluge of capital will flow into two digital assets, allowing them to lead the way in the next altcoin boom.

The host of Chico Crypto tells his 255,000 YouTube subscribers that Compound Finance (COMP) is likely to move much higher on the list of crypto assets by market cap.

Swope refers to an announcement from Circle where the blockchain giant reveals that it will use Compound Finance in its plans to give businesses access to decentralized finance lending (DeFi) markets, as well as other services. .

“This DeFi protocol is going to be the first to work with Circle’s DeFi API… So why is this one of my choices other than this blog? Well, on the one hand, it has slipped way up the charts, all the way to rank 58, while a bunch of token bullshit is ranked higher with no use.

And you even have some of its C, CETH, CDAI, CUSDC tokens, ranked higher than Compound’s governance token. This proves the massive use of the Compound protocol having these higher tokens, and I think the governance token should be ranked higher than those … At least in the top 30 crypto.

At the time of writing, COMP is trading at $ 375.34 and is currently the 49th largest crypto asset according to CoinGecko.

The second altcoin on Swope’s list is Unibright (UBT), which develops enterprise blockchain solutions and creates integration platforms and ecosystems for tokenized assets.

Unibright is also playing a major role in the development of the Baseline Protocol and Baseledger, an open source initiative to deliver a suite of new blockchain-based services to businesses.

Swope takes note of a recent discussion between developers, who say announcements about the adoption of the platform by businesses are underway.

At the time of writing, UBT is trading at $ 1.17, trading almost completely sideways over the past 30 days according to CoinGecko.

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