Altcoin Daily host and crypto trader Austin Arnold is tracking three altcoins that he believes have the potential to explode next month as the projects gear up for major announcements.
At the top of Arnold’s list smart contract platform Cardano (ADA). The crypto strategist tells his following of 388,000 people on YouTube that he’s bullish on the Ethereum competitor’s plans to provide support for native tokens.
“Similar to how ERC20 tokens can be issued on Ethereum, assets are coming to Cardano. When? Well, that date is approaching closer and closer and while much of the Cardano community is thinking that we’re probably ramping up for a late January event slash support of native assets, from my research, it seems like the current plan is for [it] to be released in the middle of February.”
In addition, Austin highlights that Cardano will soon transition from Shelley to Goguen, which will allow the platform to issue native assets that are