5 Biggest Cryptocurrency Predictions in 2021

4. Denko Mancheski, CEO Reef Finance

Prediction: Polkadot in Position to Take Over Altcoin Space  

Denko Mancheski is the CEO of Reef Finance, a cross-chain liquidity and yield farming aggregator that has invested aggressively in Polkadot, a network and cryptocurrency that acts as a bridge between different blockchain systems. It is a secure financial system, much like that used by Square, Inc. (NYSE: SQ), the California-based digital payments firm. 

However, Square, Inc. (NYSE: SQ) does not let new users take advantage of the security system, whereas Polkadot provides developers access to security to beef up the defenses around their new currencies, making them less susceptible to attacks from the outside. Mancheski is a great admirer of this system. 

Just as Square, Inc. (NYSE: SQ) markets itself as an alternative to traditional finance, Mancheski believes Polkadot is the best alternative to crypto giant Bitcoin. In an interview with business news publication Forbes in February, he said that Polkadot was in a prime position to take over the altcoin space because of slow developments within Ethereum.