Crypto analyst Nicholas Merten believes that the altcoin sector is likely to lead the market next year.digital asset markets.
In a new video, Merten told his 487,000subscribers to YouTube, which regards the pair Metaverse Index and Wrapped Ether (MVI / WETH) as an indicator of the effectiveness of the crypto sector relative to the second largest cryptocurrency.
We have seen that the metaverse is one of the few key sectors that has been outperforming Ethereum over the last couple of months and even the last second half of the year.
This is what I am looking for as an investor. I want to buy this at a discount ... every time we get good kickbacks, we build a base and start moving up.
The Metaverse Index or The Metaverse Indexplaces a basket of leading tokens in the metaverse sector within a single trading instrument. Buying MVI is a great way to gain access to the assets of the metaverse, according to Merten.
MVI is currently trading above $240.
In addition to the metaverse, Merten is betting on decentralized financing (DeFi) and non-fungible tokens (NFT).
Source
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