Crypto traders are predicting that one altcoin will be the best performer next year, eclipsing the potential gains of heavyweights such as Bitcoin (BTC), Ethereum (ETH), and XRP.
Alternative investment analyst Timothy Peterson ran a poll on Twitter, asking his followers which coin would be the best-performing crypto asset in 2021.
The survey, which elicited the responses of 2,677 crypto traders, reveals that Chainlink (LINK) is the clear winner after garnering 44.5% of the votes.
In second place is Bitcoin, followed by Ethereum and XRP, with 32.2%, 15.2%, and 8.1% of the votes, respectively.
— Timothy Peterson (@nsquaredcrypto) November 12, 2020
According to Peterson’s alternative investment firm, Cane Island, Chainlink is a “demand-driven network asset,” which means the number of users has a significant impact on the cryptocurrency’s value.
Crypto intelligence platform Santiment says that