Crypto dealer and investor Lark Davis is eyeing huge positive factors for one large-cap altcoin.
Davis tells his 386,000 Twitter followers that layer-2 Ethereum scaling resolution Polygon (MATIC) is ready to accelerate its upward ascent.
“$5 MATIC is coming, will carve off some extra earnings there!”
MATIC is up over 7,000% since June of 2020, however evidently Davis thinks positive factors of over 200% are nonetheless in the playing cards for the widespread coin.
This week, Davis additionally revealed his up to date funding portfolio. Davis holds the majority of his portfolio in Bitcoin, Ethereum, and USDC.
30% of the dealer’s portfolio is in a spread of altcoin initiatives.
Of the altcoins that Davis holds, his high 5 investments are sensible contract platform Polkadot (DOT), MATIC, scalable blockchain platform Elrond (EGLD), cross-chain liquidity resolution RAMP and decentralized derivatives platform Injective (INJ).
In a separate tweet, Lark reveals he additionally owns Cardano (ADA), however it’s not in his high 5 altcoin holdings.
Davis additionally holds 10% of his portfolio in the conventional inventory market and three% in gold and silver.
Disclaimer: Opinions expressed at The Daily Hodl are usually not funding recommendation. Investors ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any loses you might incur are your accountability. The Daily Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Daily Hodl an funding advisor. Please observe that The Daily Hodl participates in affiliate marketing online.
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