Lark Davis, the well-known name of the crypto currency market, shared the altcoins he follows with his followers. One of the leading figures of the market, investor Davis, quoted the cryptocurrencies and their prospects on his radar.
The Polkadot ecosystem recently took over parachain slot auctions from the Canary network Kusama. Now participants can become a part of the mass lending initiative for their chosen projects DOT he’ll have a chance to stake it. Davis was quoted as saying that DOT has allocated 90-94% of its assets to parachain auctions over a two-year period.
Lark Davis believes that parachain auctions will be very profitable. The popular name has invested in four of the parachain auctions: Mooenbeam network, Enjin NFT ecosystem, Parallel Finance and the Acala DeFi protocol.
Bridge Mutual (BMI)
Bridge Mutual is a decentralized insurance platform that covers stablecoins, centralized exchanges and smart contracts. Davis is interested in this platform, as its mission is of great benefit. Smart contract attacks happen all the time, and the need for insurance platforms is obvious. Bridge Mutual outside Polkadot, Solana it is expanding to other networks such as and signing high-level partnerships. An october catalyst for the Altcoin is the imminent release of Bridge Mutual V2.
Other Altcoins on the Watch List
Among other P2E gaming tokens that Lark Davis has invested in are dec Aurory (AURY), Rangers Protocol (RPGs), Merit Circle (MC) and Illuvium (ILV) is taking place. Aurory is a game built on Solana, which has growth potential based on Davis’ large investor support.
Lark Davis on the other hand, Merit Circle here’s how he rates his bracket. In addition to the strong support of Digital Currency Group, MC has super lucrative stake awards october Finally, the market capitalization of Illuvium exceeds $ 1 billion, and the platform provides 400% APY stake rewards.