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An influential crypto trader and analyst is spotlighting three altcoins that he believes are on the verge of a breakout while Bitcoin coils up near its all-time high.

As Bitcoin retests the $57,000 level for the first time in nearly three weeks, pseudonymous crypto whale Flood, tells his 110,000 Twitter followers that he is keeping his eye on three crypto assets that may follow Bitcoins lead.

Lagging assets that previously had huge runs will get bid up here. SOL (Solana). SNX (Synthetix). AAVE.

Added all with some FTT Token (FTX) profits.

Back in late February, the margin trader also said hes loading up a few crypto bags in preparation for the next leg of the altcoin bull cycle.

Earlier this year Flood made the bold call that Bitcoin would spend most of 2021 above $50,000 and that SNX, the governance token for decentralized finance (DeFi) protocol, Synthetix, would trade above $24 this year.

2021 predictions: Bitcoin trades above $50,000 for the majority of 2021. SNX (Synthetix) trades above $24 this year. DeFi TVL (total value locked) 100B+ by Q4.

SNX was trading above $24 briefly in February and is currently hovering around $21, while Bitcoin has been dancing around the $50,000 range since mid-February and is trading just under $56,000 at time of writing.

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Crypto Whale Says Three Altcoins Ready To Surge After Bitcoins Big Breakout - The Daily Hodl

Altcoin Daily founder and trader Austin Arnold says five crypto projects are going mainstream in March thanks to new business developments.

First up on Arnolds list is Ethereum (ETH). The trader cites the announcement that Amazon Web Services (AWS) has made Ethereum available on the Amazon Managed Blockchain.

Amazon says the move will make it easier for developers to utilize the leading smart contract platform.

With this launch, AWS customers can easily provision Ethereum nodes in minutes and connect to the public Ethereum main network and test networks such as Rinkeby and Ropsten. With Amazon Managed Blockchain, customers get secure networking, encryption at rest and transport, secure access to the network via standard open-source Ethereum APIs, fast and reliable syncs to the Ethereum blockchain, and durable elastic storage for ledger data.

Arnolds next pick is the supply chain management tool VeChain (VET), citing the news that one of the largest aluminum companies in the world, the Norway-based Hydro, has initiated a pilot service built on VeChain to document product claims.

Third on Arnolds list is the cloud-based wallet Curv. He points to news reports citing anonymous sources who say that payments giant PayPal is in the process of purchasing Curv.

This could be big in my opinion as a fundamental green flag for the space, and by the way, the altcoins that PayPal supports. Big green flag for them as well.

Arnolds next pick is the Theta Network (THETA), a decentralized video delivery network. The trader points to news that Sonys European subsidiary plans to run a node on the Theta Network.

And last on Arnolds list is the custody service Hex Trust, which announced this week that it launched the first fully licensed custody services for non-fungible tokens (NFTs).

The company states that the massive popularity of NFTs and their big upsurge in prices calls for a secure way for investors to hold them.

With the NFT market surging and prices of NFTs climbing into the millions of dollars for a single collectible, it has become urgent to provide collectors and institutions with the ability to safely custody and insure their valuable assets. The Hex Safe platform has been upgraded to fully integrate NFTs on multiple blockchain platforms and token standards including Ethereum and their ERC-721 and ERC-1155 token standards.

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Five Crypto Projects Are Going Mainstream This Month, Says Altcoin Dailys Austin Arnold - The Daily Hodl

Cryptocurrency trader and influencer Tyler Swope is naming three small-cap altcoins that he believes can go against the flow while the broader crypto market corrects.

In a new video, Swope tells his 201,000 YouTube subscribers that hes looking at decentralized finance (DeFi) platform Bao Finance (BAO).

He says the altcoin is worthy of investor consideration as it continues to make progress while settling down from its initial hype phase.

The xDai pools are deployed, a few minor bugs, but as we can see from the Baomans mouth: Block rewards were pushed back one more day but the farms are working and stable. User deposits can start now. Yes, the crops are ready to be farmed on xDai. They are moving exactly as planned.

Swope adds that BAO can now be used as collateral for spot trading on cryptocurrency derivatives exchange FTX.

The second altcoin on Swopes list is Deus Finance (DEUS), which is an asset tokenization platform that allows users to trade real-world assets and derivatives such as equities and commodities directly on Ethereum.

Deus is officially launching its decentralized trading platform in the next 48 hours. You will be able to trade hundreds of stocks, forex and selected cryptos on xDai without time restriction.

Swope believes that the current total value locked within the platform of $39 million will grow as the project launches a scalable synthetics platform.

The last altcoin on Swopes radar is DeFi platform Non-Fungible Yearn (NFY). According to the crypto influencer, the platform is expanding the possibilities and opportunities in the non-fungible tokens (NFTs) subsector by taking NFTs and applying it to DeFi.

They are the first DeFi protocol to utilize NFTs to make yield farming more secure and flexible by protecting the wallet and allowing the first transferable stake. What this does is create an ecosystem where instead of wallet addresses that represent the right to stake, an NFT will represent the right to the staked funds and the yield they generate. You will be able to trade your staked tokens and future yield via an NFT.

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Here Are the Top Small-Cap Altcoins That Will Beat the Market, According to Crypto Trader Tyler Swope - The Daily Hodl

Famous crypto market analyst and trader, Cantering Clark on his Youtube Channel BlockRoots, made a Livestream to inform his viewers of the tokens he thinks will outperform Bitcoin.

Clark says to his 13.4K subscribers, that he is bullish on seven altcoins to take over Bitcoin this altcoin season.

The analyst came up with a relatively unpopular token Shroom Finance( SHROOM), which is a DeFi ecosystem for NFT mining and trading.

According to CoinGecko, SHROOM is ranked at #498 and is trading at $0.70 at the time of writing, and has a market cap of $35,662,266.

The stats say it has risen 480% in the past 30 days and 20.8% in the past 24 hours.

Clark is bullish on it as he thinks it has a huge potential to grow.

This is a completely different approach to how I normally have traded my entire trading career. I consider this a punt. I have a substantial amount of money in it. But Im taking an outsized bet. Im not going to monitor it on low time frames- doesnt make sense. I am really betting heavy on it being over a dollar. At least. He says.

Moving further he lists the popular bets in the market as his next 6 Altcoins, namely Ethereum(ETH), Polkadot(DOT), Aave(AAVE), Uniswap( UNI), Avalanche(AVAX), and Solana( SOL).

He analyzes the growth chart and notices that In the last 90 days, Bitcoin has been up 200%, and on the other hand, Uniswap and Aave have been up 900% and 500% respectively, hence if we consider Aave and Bitcoin, Aave has the beta of 2 to Bitcoin.

Hence, he predicts for all these altcoins to outperform Bitcoin in terms of percentage. However, he also mentions it is riskier to invest in these currencies than to invest in BTC as it is already quite established.

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Top 7 Altcoins That are Poised to Outperform Bitcoin - Coinpedia Fintech News

Veteran investor and Shark Tank star Kevin OLeary says he is looking beyond just buying and holding Bitcoin.

In a new interview with Stansberry research, OLeary says that he is exploring various decentralized finance (DeFi) projects that can generate passive income. Among the altcoins he is considering deploying in yield farming is the stablecoin DAI.

Im interested in actually interest yield using DAI you know against the Bitcoin loan. Its all kinds of different strategies.

The TV personality sayshis recent embrace of Bitcoin is based on his belief that the flagship crypto asset will become the reserve currency of the crypto world.

I look at Bitcoin and say to myself, that is going to be the US dollar of cryptos. It has established itself all around the world, its the largest market cap, its just under a trillion dollars, it will always be the leader in my view.

The chairman of exchange-traded funds (ETF) issuer OShares Investments predicts that Bitcoins volatility will lessen as more money is poured into it.

If it became lets say, I dont know, $20 trillion of value, okay, which you would be basically very very stable in my view. Because you would be being held by people and institutions that are holding it as a hedge against inflation or just storage of value.

OLeary, adds that he has come to peace with Bitcoins wild swings and is comfortable with the percentage he has allocated to the flagship crypto asset.

I have come to peace with the volatility. I can deal with it now. A 3% weighting is not aggressive. And yet it will capture upside should it work.

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Shark Tanks Kevin OLeary Exploring Several Altcoin Projects, Says Bitcoin Is the US Dollar of Crypto - The Daily Hodl