Analyst Lark Davis names four digital assets that could boom in July.

Davis speak with its 400,000 YouTube subscribers that the leading cryptocurrency could be ready for a big rally.

“… Bitcoin is showing some signs of strength and may be ready to take a big step.”

But, according to him, that won’t happen anytime soon

“With a market capitalization of $ 650 billion, don’t expect Bitcoin to grow 20x or so overnight. But we could see a pretty good move for Bitcoin in July. “

Next on his list, Davis believes Ethereum could see massive gains in July, fueled by catalysts like the upcoming London upgrade, which is expected to improve its transaction fee system.

“Ethereum had some very big catalysts in July …

We should see a major Ethereum upgrade in about two or three weeks. This London fork will improve the fee structure and make the network smoother. “

Davis said Cardano (ADA) was the third cryptocurrency on the list as it prepares to launch smart contracts this summer.

Cardano is about to enter the smart contract era. This means that Cardano can really start building the ecosystem.

This altcoin will explode if it has smart contracts. Because that means that the platform will have liquidity aggregators, decentralized exchanges, NFT marketplaces, loans and credits as well as automated market makers … “

Lastly, Davis said he remained “very optimistic” about one of the most explosive coins of the year.

Polygon (MATIC) has seen rapid adoption in recent months as more and more merchants are using the network thanks to its high speeds and low transaction fees. The protocol is a scalable blockchain platform designed to create a multi-chain ecosystem of Ethereum-compatible blockchains.

Although Polygon rose from $ 0.017 in early 2021 to its current price of about $ 1.13 – a 6,500% boom – Davis says the asset still has plenty of room to grow.

“I think the polygon rally is far from over and we’ll see how the asset will continue to grow for the rest of the year due to its utility value – experience all Ethereum applications, your favorites, at a thousandth of a price.”

SN_Nour

According to Dailyhodl

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