A closely-followed trader and analyst known in the industry as Smart Contracter says five altcoins are poised to breakout and reignite their bullish momentum.
In a new tweet, the trader tells his 148,600 followers that he’s looking at altcoins in the decentralized finance (DeFi) space including automated market maker SushiSwap (SUSHI), lending and borrowing protocol Aave, derivatives trading platform Synthetix (SNX), and decentralized exchange Curve Finance (CRV).
According to Smart Contracter, the four crypto assets will likely outperform Bitcoin (BTC) and Ethereum (ETH) in the coming days.
“DeFi alts perking up the most here. In my opinion, SUSHI, Aave, Synthetix (SNX), Curve (CRV), etc… Not going got lie, looking a tad more bullish than BTC and ETH. Maybe these pop while the latter range for another day or two?”
Source: Smart Contracter/Twitter
Looking at CRV, the trader says he’s “irresponsibly long” on the DeFi coin as he believes it is poised to skyrocket to $10, representing gains of