Swope, Crypto Analyst Predicts Three Altcoins Breakout This Month


Tyler Swope, crypto influencer and analyst has revealed that he believes three altcoins; one large-cap and two small-cap altcoins would break out in their values this month.

In a new video, Swope makes his December altcoin picks, predicting that Ethereum and two crypto assets, each with less than $90 million market caps, will shoot to the upside in the weeks ahead.

Swope first says that he is very bullish on Ethereum, highlighting the successful launch of its 2.0 beacon chain. Swope emphasizes that this is just Phase 0 of what he expects will be a continued successful rollout of Ethereum 2.0 in 2021.

Swope’s first low-cap pick is Unibright (UBT), which is built by a German-based enterprise blockchain solution firm.

Swope notes that Coke One North America (CONA Services) launched a blockchain supply chain project over the summer with Unibright and the Baseline Protocol, an open-source initiative that Unibright plays a major role in developing.

Swope also points to an upcoming demo event that will take place on December 10th where Unibright will unveil progress on Baseline-related customer projects and showcase their unified technology stack, which the company says is “nearing a general availability release candidate.”

Says the analyst,

“Without enterprise, DeFi has been able to grow to nearly $14.5 billion in total value locked (TVL). What do you think is going to happen when enterprise DeFi is unlocked? That TVL will look like peanuts.”

Swope also mentions Morpheus.Network (MRPH), a supply chain optimization platform. The analyst points to multiple overlapping personal connections between the two companies, speculating that Morpheus will also form a partnership with Coca Cola.

Swope notes that Benjamin Smith, the Director of Business Development for Morpheus is the son of Coca-Cola president Brian Smith, questioning whether the family connection may result in a partnership between the two entities. Carl Wood, who has been an active contributor to the Mexican Finance Executive Institute (IMEF) and, according to Swope, has worked with Coca Cola FEMSA, has also joined the Morpheus team, linking the two firms even further.

The crypto analyst predicts the supply chain company will link up with Coca-Cola FEMSA, which operates throughout Latin America, while Unibright covers North America.

MRPH is trading around $0.389 at time of writing and UBT is trading around $0.594 at time of writing, both according to CoinMarketCap.

This article is sourced from:https://dailyhodl.com