A lot of major things have been happening in the crypto market over the past week. We are having a lot of altcoins do 2x to 5x in a short period.
There are hidden gems in Uniswap which look very bullish, these are found that are only listed on Uniswap as their primary exchange and are generally undervalued. Once Uniswap version 3 launches, people will be rushing into these projects because the gas fees will be reduced so people can finally buy-in.
This is when the masses will start getting into the smaller altcoins and that kind of volume, all at once, can make some altcoins go crazy. You can find these types of coins by going to the Uniswap exchange and seeing the projects that are listed on the marker.
PayPal still has not announced crypto merchant payments. It is either that they are going to announce a delay at some point into next week or they are just going to launch PayPal crypto merchant payments out of the blues like a surprise event.
A lot of those altcoins listed on PayPal right now out of the four; Litecoin, Ethereum, Bitcoin Cash, and Bitcoin, will be getting a lot more volume. We will be getting a lot of announcements on merchants accepting crypto for the first time as well. You can imagine how many major announcements will come out of this and this will draw a lot of attention to the crypto space. A lot of people will be hearing that PayPal is even offering cryptocurrency for the first time as well.
Currently, you can buy, sell and trade the four cryptos listed on PayPal, the only thing now is that a lot of their users are not even aware of this. With all these merchants making these announcements, there is a possibility that a lot of low will start using PayPal for crypto and PayPal will probably be adding more cryptos later on.
There is a massive upgrade coming to the Ethereum network among many other updates for Ethereum 2 that will take place over the next year or so. All these updates are quite bullish for Ethereum, just like Cardano. Leading up to these major updates, the announcements usually bring a lot of demand to the crypto and the price may ride towards launches. A lot of people will probably buy the test net as soon as possible and sell over the mainnet, the same way it happened with Cardano during the Mary Hard Fork upgrade.
This Ethereum upgrade, which js the Berlin Upgrade, will make Ethereum a deflationary cryptocurrency.
