In a recent video, crypto analyst Austin Arnold, Co-Founder and host of the “Altcoin Daily” YouTube channel, talked about seven gaming altcoins that he expects to perform extremely well in 2021.
Arnold started with Decentraland ($MANA). According to Arnold, his #2 and #3 picks, Atari ($ATRI) and Decentral Games ($DG) are joining forces to build a casino in the “Vegas City” district of Ethereum-powered Decentraland’s metaverse.
Arnold highlighted the utility of Ethereum in the world of gaming altcoins. He claimed $ETH was still significantly undervalued relative to many other crypto projects.
He said: “My general thoughts on Ethereum is there’s no way, whatever point in the bull market this occurs, is there’s no way Ethereum doesn’t outperform Bitcoin at some point during this bull market. Tons of people are being introduced to cryptocurrency whether it’s through gaming, whether it’s through non-fungible tokens (NFTs), and all of those people have to go through Ethereum.”
The top crypto trader went on to highlight Chain Games ($CHAIN), a project that seeks to become the Chainlink of blockchain gaming. Arnold rounded out his top picks with Enjin Coin ($ENJ), RedFox Labs ($RFOX), and Game Credits ($GAME).