Top Trader Says Several Crypto Assets Set to Rally As Analyst Nicholas Merten Predicts Altcoin Season Imminent

A trader and crypto strategist known in the industry for his accurate prediction of the 2020 Bitcoin bear market bottom is unveiling a list of seven low-cap crypto assets that he believes have the potential to break out.

In a new tweet, Smart Contracter tells his 70,000 Twitter followers that he’s keeping a close watch on the new decentralized finance (DeFi) project Spice, which he says could possibly surge in value by 200% in the coming days.

“As CryptoMessiah says, he who controls the spice, controls the world. Low [market-cap] DeFi project, nice chart. This is getting sent 3-5x this [altseason] easy.”

Source: Smart Contracter/Twitter

Another coin on Smart Contracter’s radar is Ampleforth (AMPL), which is an ERC-20 token that adjusts its supply based on demand.

The trader expects the coin’s market cap to print a new all-time high by early next year.

“AMPL +80.7%, just gonna keep updating how much it’s up by since [original posting] until its market cap reaches all-time highs. Thank you for understanding, higher we go.”

Source: Smart Contracter/Twitter

Smart Contracter is looking at Perpetual Protocol (PERP) as well, a platform that enables users to trade crypto assets with leverage in a decentralized manner.

The trader highlights the crypto token’s huge volume inflows as an indication that it may erupt.

“Huge volume coming in now, this thing looks [fire].”

Source: Smart Contracter/Twitter

The trader is also watching Cover Protocol (COVER), a project that allows users to get coverage on assets and projects beyond crypto and smart contracts.

Smart Contracter believes that the low-cap crypto asset is poised to print a new all-time high.

“Keep your [eyes] on COVER. It’s looking like the Pickle claims will go through which gives Cover and DeFi insurance use case a huge boost.

My gut tells me this thing moons. Only 12 million mcap (marketcap) atm (at the moment). 5-10x from here is not out of the question.”

Source: Smart Contracter/Twitter

Additionally, the crypto analyst is keeping tabs on DeFi liquidity pool platform SushiSwap (SUSHI). Smart Contracter predicts that the DeFi asset is set to erupt above $3.

“Full send SUSHI. Anything under $3 is FUD.”

Source: Smart Contracter/Twitter

Smart Contracter also tells his followers to keep an eye on Power Pool (CVP), which he says is making a solid index for the ecosystem.

Last on Smart Contracter’s list is Aave (AAVE), which he’s predicting will explode over 120% in a matter of months.

“AAVE still flying. Daily is going to be a strong close above prior all time highs without a doubt. The mark-up has begun. We’ll be above [$]150 in no time at all. Last chance to hop on the train.”

Source: Smart Contracter/Twitter

Meanwhile, fellow crypto analyst and influencer Nicholas Merten is bullish on the altcoin market at large.

In a new video, Merten is looking at the 100-BTC.D chart which maps the market share of altcoins in the crypto space.

The analyst expects altcoins to continue their uptrend as 100-BTC.D looks prepared to ignite another move up.

“Don’t feel like you’re too late to the game guys because quite frankly, after we set this new bottom here, back in mid November, we’ve been holding up substantially well ever since we had this solid week of price action, going in towards the close or the later portion of November.

We’ve been able to hold the vast majority of the gains and now are building into a wedge here. I have a lot of confidence that this is going to end well, that this is going to pick up and break out here in the short term.” 

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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