Jason Picino told his YouTube subscribers that the Polygon scaling decision is still in a bullish trend, despite its continued retreat from the historic 2.92 dollars peak.
“If no one talks about it because the price is falling, this is usually the time you want to look to get into a position.”So I still see this as a bull market: higher bottoms, it’s pretty simple. 50% [Fibonacci] level around 2.20 dollars.”
Another coin on the trader’s list is CRV, the decentralized exchange token Curve Finance, focused on stable coins.
“Curve has a total locked value of $24 billion, so you have a [market capitalization ratio] to a total locked value of 0.1. So, the market capitalization is about $2.4 billion, total locked value: $24 billion. I think there will be a big [rise] here to bring Curve closer to the current value of Curve.”
Next is Sushi (SUSHI), the token for managing the decentralized SushiSwap exchange. According to Picino, Sushi’s relatively low market valuation puts it in a position to generate exponential profits.
“SUSHI has a market capitalization of 1 billion dollars, fully diluted to 2 billion dollars. So for an increase of 10 times, $10 billion seems reasonable … And when these things start, we don’t know where they stop. They just keep going.”
Picino added that SUSHI is currently withdrawing and that its entry points are between $6 and $7.50.
The 4th crypto asset is Yearn.Finance (YFI), a decentralized financial platform that powers an automated mining strategy. Picino says the fundamentals of the YFI look solid, while technical indicators are showing signs of strength.
“The total locked value also looks good: $5.7 billion with a market capitalization of $ 1.4 billion.” We are starting to see higher bottoms as well.”
The crypto analyst adds that the YFI could reach $100,000 before BTC reaches the six-digit value.
You can buy and trade there 4 coins here.
