Introduction
Bluntz_Capital, a renowned crypto analyst who gained fame for timing the 2018 Bitcoin bottom accurately, believes that Ethereum alternatives and rival altcoins could yield significant gains in the short term. The expert has identified two top picks – Fantom (FTM) and Frax Share (FXS) – that he believes have bullish potential. In this article, we will delve deeper into Bluntz_Capital’s analysis and explore why he recommends these two altcoins.
Bullish Potential in Fantom (FTM)
According to Bluntz_Capital, Fantom (FTM) has the potential to offer significant gains in the short term. This altcoin is a fast, high-throughput blockchain that uses a directed acyclic graph (DAG) instead of a traditional blockchain structure. DAG is a network that allows multiple transactions to occur simultaneously, making it much faster than the traditional blockchain.
Fantom’s high-throughput technology enables it to process up to 300,000 transactions per second, which is much higher than Ethereum’s current capacity of 15 transactions per second. Bluntz_Capital believes that this makes Fantom an attractive alternative to Ethereum, which is currently facing scalability issues.
In addition to its high-speed technology, Fantom has also secured partnerships with several leading companies in the DeFi space, including Sushiswap, Yearn Finance, and Cream Finance. This has helped to boost the popularity of the platform and increase its adoption rate.
Overall, Bluntz_Capital is bullish on Fantom’s potential for short-term gains due to its fast, high-throughput technology, and strong partnerships in the DeFi space.
Frax Share (FXS) – A Promising Rival to Stablecoins
Another altcoin that Bluntz_Capital recommends for short-term gains is Frax Share (FXS). Frax Share is a decentralized stablecoin that aims to solve the volatility issues associated with traditional cryptocurrencies.
Unlike other stablecoins that are pegged to a single currency, Frax Share uses a novel algorithmic design that is backed by a fractional reserve of US dollars, Ethereum, and other cryptocurrencies. This makes it much more stable and less volatile than traditional cryptocurrencies.
Bluntz_Capital believes that Frax Share has the potential to become a promising rival to traditional stablecoins such as Tether (USDT) and USD Coin (USDC). The algorithmic design and fractional reserve backing make Frax Share more trustworthy and less vulnerable to market fluctuations.
In addition to its stability, Frax Share has also secured partnerships with several leading DeFi platforms, including Curve Finance and Saddle Finance. This has helped to increase its adoption rate and popularity in the DeFi space.
Overall, Bluntz_Capital is bullish on Frax Share’s potential for short-term gains due to its stablecoin design and strong partnerships in the DeFi space.
Conclusion
Bluntz_Capital, a renowned crypto analyst, believes that Ethereum alternatives and rival altcoins could offer significant gains in the short term. His top picks are Fantom (FTM) and Frax Share (FXS).
