A prominent crypto analyst and trader is calling out a new altcoin that he believes is massively undervalued.
The pseudonymous analyst The Crypto Dog tells his 224,000 Twitter followers that the DeFi asset CREAM has a remarkably small market cap given its potential.
“Built a CREAM position recently, I think this one is massively undervalued sitting at a $100 million market cap and >$300 million total value locked right now and people are about to start noticing.”
CREAM is a peer-to-peer DeFi ecosystem that allows users to borrow supported crypto assets, stake tokens to earn rewards and exchange cryptocurrencies. It’s also designed to help provide liquidity to assets that are not usually listed in major exchanges in an effort to boost financial inclusion.
The crypto strategist is also bullish on Bitcoin (BTC) and thinks bears are done doing damage.
“The hard part is over. After spending the last few days getting into positions,