The popular YouTube-based crypto outlet Altcoin Daily is naming Bitcoin, Ethereum (ETH) and Cardano (ADA) as the top three crypto assets for 2021.

In a new video, Altcoin Daily host Aaron Arnold explains to viewers why he’s bullish on top cryptocurrency Bitcoin, top smart contract platform Ethereum and Ethereum’s close competitor Cardano as the crypto market works to recover from its late-May crash.

The trader notes that though many projects, including the three mentioned in the video, have significantly increased in value over the past year, there are many opportunities for investors to increase their wealth with the right crypto picks.

“There is so much opportunity in cryptocurrency right now. If you missed out on the early years of the internet, you better cherish the early years of Bitcoin, decentralized finance (DeFi) and crypto right now. And just like the early years of the internet, this opportunity will not last forever.”

On Bitcoin, Arnold is bullish on the flagship cryptocurrency even as it struggles to regain the $40,000 price level and the Bitcoin fear and greed index remains in the “fear” zone.

“When there is fear in the market, this is an opportunity for greater opportunity and there is fear in the air.”

Arnold adds that the current sentiment in the crypto markets is nothing like it was during the crash of 2017, at which point everyone expected a short cooldown period before another leg up that never came.

Additionally, the Bitcoin taproot upgrade is coming up, which will help keep Bitcoin in the news. The upgrade will enhance Bitcoin’s privacy, speed up transaction rates and reduce the quantity of data stored and transferred on the blockchain, says Arnold.

Ethereum also has an upgrade coming up in 2022, notes Arnold, which will keep the asset in the news. ETH’s new version will not only capture a lot of the ETH supply, as people stake their Ethereum on ETH 2.0, but will also increase the efficiency of the blockchain as the platform moves from a proof-of-work to proof-of-stake consensus method.

Additionally, much of ETH’s supply is locked up in popular DeFi platforms, causing a further supply crunch for the asset, adds Arnold.

Arnold is also keeping an eye on Cardano heading into the rest of the year, as the platform gears up to introduce fully functional smart contracts in the coming months. The team successfully launched the Alonzo testnet recently, spelling a bullish case for the Charles Hoskinson-led Ethereum competitor.

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Altcoin Daily host and crypto analyst Aaron Arnold is breaking down his top five low-cap crypto picks for the month of June.

In a new video, Arnold tells his 829,000 YouTube subscribers that he’s keeping a close watch on the freshly launched Mina Protocol (MINA), which advertises itself as a “lightweight” blockchain platform.

Mina’s value proposition is that it is compact and unlike other blockchains, it has a fixed size and will not continue to grow, notes Arnold.

“Their blockchain will stay 22 kilobytes forever… More than that, every user acts as a full node so decentralization and permissionlessness is important to them.”

Mina also has deep-pocketed investors such as Three Arrows Capital. The project debuted last week at, and still maintains, a more than $500 million market cap.

Arnold’s second low-cap pick is a new launchpad project, TronPad. TronPad is supported by Binance Smart Chain, notes Arnold, doing the same thing as Binance Smart Chain Pad (BSCPAD) but on the Tron blockchain network.

The analyst adds that TronPad is working with Tron CEO Justin Sun who Arnold labels as a “master marketer.” Arnold bets that TronPad could have a similar run that BSCPAD had, which at one point had a market cap of more than $286 million. According to CoinGecko, TronPad holds a $26 million market cap at time of writing.

Coin number three is Olympus DAO (OHM), which according to the project’s Twitter bio, is a “floating algorithmic currency that promotes stability and predictability without a peg.” The project aims to solve the issue of inflation facing various regions around the world.

At time of writing OHM is trading at around $211 with a market cap of $68.93 million.

Next up is Fear, a non-fungible token (NFT) and gaming project that is developing horror-related NFTs. The project is built on the Ethereum blockchain.

Arnold notes that Fear already has successful products which have gained adoption.

“You can see tons of YouTubers with millions and millions of views and millions and millions of followers playing their original game called Whack It… So they already have this successful game that tons of people play and tons of people stream and now they’re basically integrating NFTs and gaming with Fear.”

Finally, Arnold spotlights Ethereum-based online gambling project Virtue Poker (VPP), which has a licensing agreement with Malta’s gambling regulator. The analyst points out that the project has legendary poker professionals involved such as Phil Ivey and former Celtics player Paul Pierce.

VPP is trading at around $0.37 at time of writing, down over 70% from its all-time high of $1.24.

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Featured Image: Shutterstock/Pavel Chagochkin

Crypto analyst Benjamin Cowen is sharing his insights into Cardano’s (ADA) price action and where he thinks the Ethereum competitor is headed this market cycle.

In an interview with Altcoin Daily hosts Aaron and Austin Arnold, Cowen discusses the future of the seventh-largest cryptocurrency.

Cowen notes that while one generally expects an altcoin to increase in its USD value during a bull market, it is crucial to note whether the asset is outperforming Bitcoin.

“If an altcoin can’t outperform Bitcoin, then there’s no point in holding it. Can ADA outperform it… ADA outperforms Bitcoin in a bull market.”

Even though ADA may be in a bit of a consolidation phase at present and it is already up over 3,000% in the last 12 months, Cowen reasons that the smart contract platform may increase by over 500% from its price of $1.64 within the current market cycle.

“Going back to ADA, I see this as still a long-term play. Now, buying ADA at $1.37 is much riskier than buying it at $0.02… but in the grand scheme of the cycle, I do think ADA has a ways to go. I don’t think 1.37 is the market cycle top by any means. Market cycle tops don’t look like this.

I think in the grand scheme of the market cycle, I think it’s going to go much higher than where it currently is. If I had to throw a ballpark number out there, I would say somewhere between like $5 to $10 is my guess… If I’m wrong because it goes higher than $10, that’s something I don’t mind being wrong about.”

Although Cowen expects ADA to keep rising against USD, especially after the current Ethereum rally loses some steam, the trader warns that there may be some very steep and harsh pullbacks throughout its ascent.

“I can also tell you too that if we go there, it’s going to be one crazy journey and we’re not going to go straight to those levels. We’re probably going to have some major pullbacks along the way and the way we look at that is noting Ethereum had some pretty major pullbacks last cycle as well… I think it can go those levels, but it’s certainly not going to be an easy ride.”

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Featured Image: Shutterstock/Archv