Crypto analyst and investor Lark Davis says altcoins are in a position to print 100x gains as big-time players and retail investors dive into digital assets other than Bitcoin.
In a new video, Davis offers his rationale as to why he believes altcoins will skyrocket next year.
“We are starting to see [it’s] not just the retail investors who are buying crypto outside of Bitcoin. We are also seeing high-net-worth individuals coming in and, yes, we are seeing institutional involvement in the altcoin markets.
But do not discount those retail investors either. They are going to pump altcoins super hard, super, super hard, all of which says to me that altcoins, not Bitcoin, is how to get rich in 2021.”
The influencer highlights a number of crypto assets that institutional players are investing in.
“The simplest and clearest evidence of this fact is the $1.2 billion worth of Ethereum (ETH) that institutions have invested in via the