Cryptocurrency analyst Aaron Arnold is naming two altcoins that he says possess enormous potential.
The crypto analyst tells his 1,160,000 YouTube subscribers that the first altcoin with massive potential is Chainlink (LINK), an Ethereum-based crypto project that makes it easy to transfer data to smart contracts from off-chain sources.
Arnold says Chainlink Labs has made a “big profit” after former Google CEO Eric Schmidt joined the Chainlink developer as a strategic advisor.
“[Eric Schmidt] He will join solution provider Oracle Chainlink labs as a strategic advisor.
According to an announcement Tuesday, Chainlink said that Schmidt would guide the company’s scale strategy in using Oracle networks to activate smart contracts …
This is a great accomplishment, a very connected guy, a great accomplishment for Chainlink Labs. “
Chainlink is trading at $ 22.26 as of this writing.
The cryptanalyst believes that the second altcoin with massive potential is Tezos (XTZ), a layer one smart contract blockchain.
Tezos was selected by video game giant Ubisoft as the blockchain platform to launch its new non-fungible tokens (NFTs) in-game.
Ubisoft is the publisher of games like Assassin’s Creed, Tom Clancy’s Rainbow Six Siege, Far Cry, Just Dance, and Prince of Persia. The company says it is planning to build a “true metaverse” and chose Tezos to help overcome “the initial limitations of blockchain for gaming, including scalability and power consumption.”
According to Arnold,
“Mainstream gaming giant Ubisoft becomes the first major gaming company to launch NFT in-game. This is a huge milestone for cryptocurrencies, for NFTs and gaming in general …
Now, the gaming giant will actually roll out NFT within one of its major franchises in a new initiative running at Tezos. This is huge for adoption and a huge win for Tezos. “
Tezos is trading at $ 5.26 at time of writing.
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