Popular cryptanalyst Aaron Arnold recently reviewed two crypto projects (LINK and XTZ), claiming they have “huge potential.”
In a video posted on December 7, Arnold, who is the co-host of the popular daily show Altcoin, revealed on a YouTube blog that $ LINK, Oracle’s own Ethereum-backed decentralized network token, is one of the top picks in December.
Arnold says the news that CEO Eric Schmidt has chosen to become a strategic advisor to Chainlink Labs is bullish.
The cryptanalyst expressed his opinion:
“According to the announcement on Tuesday, Chainlink said Schmidt will lead the firm’s scaling strategy by leveraging oracle networks to launch smart contracts. […] The guy with the big connections is truly a great fortune for the Chainlink labs. ”
Host Altcoin Daily was also upbeat about $ XTZ, saying that the Tier 1 blockchain was recently chosen by gaming studio Ubisoft, which has developed Assassin Creed and many other top titles, to launch its new gaming line of Non-Replaceable Tokens (NFT).
The company cited its commitment to building a “true metaverse” and said Tezos could help overcome “the limitations of the early form of blockchain for gaming” given scaling and energy consumption.
Arnold described Ubisoft’s endorsement as a “huge milestone” for crypto and a “big win” for Tezo’s adoption and cost potential:
“Major gaming giant Ubisoft becomes the first major gaming company to launch in-game NFTs. This is a huge milestone for cryptography, for NFTs and games in general … Now, the gaming giant will actually implement NFT as part of one of its main franchises under a new initiative that is powered by Tezos. This is very important for the adoption and a big win for Tezos. “
According to CryptoCompare, currently (as of 20:55 UTC on December 10), $ LINK and $ XTZ are trading at $ 19.36 and $ 4.515, respectively.
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