Coin Bureau Lists Five Altcoins With Most Potential for Q3 2021

The host of the popular crypto outlet Coin Bureau, known as Guy, lists five altcoins that according to him, have the most potential for the third quarter of 2021.

In a recent video Guy shares with his 1.23 million subscribers, a list of five altcoins: ETH, ADA, SOL, MATIC and LUNA are likely to outperform the rest of the crypto market in Q3, this year.

Ethereum (ETH)

The show host lists multiple reasons that could send Ethereum to higher levels, including the possibility of an Ethereum-based exchange-traded fund (ETF), institutional demand, and the recent EIP-1559 update which could turn ETH into a deflationary asset.

“I think you can easily make the case for a $6,000 to $7,000 ETH by year’s end.”

Cardano (ADA)

The second coin on Guy’s list is Cardano (ADA).

“Even though Cardano’s upside potential is also limited due to its large market cap, it has much more room to grow than Ethereum, and this is for many reasons. For starters, ADA has maintained its bullish momentum against all odds. It has held up strong despite the recent downturn and is still in a very visible uptrend. This is because Cardano’s best days are ahead of it.”

In the Cardano sphere, Guy also mentions Project Catalyst, a series of community-funded projects in the Cardano ecosystem which he says could present opportunities for 100x returns.

“This potential for profit could bring in record amounts of retail investors and users, and I could see that taking ADA up to the $4 to $5 range.”

Solana (SOL)

Guy’s third altcoin is Solana (SOL). Solana is “seriously significant” because of its ability to process as many transactions as legacy payment processors like Visa or Mastercard, says the analyst. He also shares that like Cardano, SOL has held up considerably well during the downturn in crypto markets.

Polygon (MATIC)

The fourth altcoin on the list for Q3 is layer-2 scaling solution Polygon (MATIC). Based on the expectation of a wave of new users coming to MATIC, a 264% rally is easily in the cards for the altcoin, says Guy.

“The mass adoption of Polygon could easily push its price to new all-time highs by the end of 2021. $5 is a realistic estimate in my opinion.”

Terra (LUNA)

The fifth and last altcoin on the analyst’s list is LUNA, the reserve currency on proof-of-stake blockchain Terra. According to Guy, Terra hasn’t been “battle-tested” as of yet, but a 506% price increase by the end of the year is still possible.