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The popular pseudonymous crypto strategist Smart Contracter is analyzing the altcoin market in the wake of Ethereum’s ascent to a new all-time high.

The trader, who built his following after accurately predicting Bitcoin’s bear market bottom in 2018, believes Aave, a decentralized lending platform, is one of the most promising coins on the market.

“Aave is my financial freedom bag, bullish on all three USD, ETH and BTC pairs.”

Source: SmartContracter

Aave just rocketed to its all-time high of $433.14 on Wednesday. The governance token is trading at $410.19 at time of writing, according to CoinGecko.

The analyst also says that Chainlink, a decentralized oracle network, is likely going to follow Ethereum’s breakout soon. The eighth-ranked crypto asset by market cap is up 20% in the past week and trading at $25.25 at time of writing, according to CoinGecko.

Additionally, Smart Contracter is “giga bullish” on Ren, a protocol that enables the transfer of crypto assets between blockchains.

He argues the decentralized finance (DeFi) asset is likely to make significant gains against Ethereum, which just reached its all-time high on Wednesday.

The 67th-ranked crypto asset by market cap is up more than 36% in the past week and is trading around $0.71 at time of writing, according to CoinGecko.

Source: dailyhodl.com

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