Top Trader Says He’s Only Bullish on Solana and Two Other Crypto Assets Besides Bitcoin and Ethereum
A carefully adopted crypto strategist says that moreover Bitcoin (BTC) and Ethereum (ETH), there are solely three different initiatives he’s bullish on.
The pseudonymous analyst often known as The Circulation Horse, also referred to as Cantering Clark, tells his 181,700 followers on the social media platform X that ETH-rival Solana (SOL) has large upside potential.
He thinks SOL may very well be repeating the early days of Ethereum earlier than ETH soared to 4 figures.
“However yea, I believe it’s going by the identical early cycle rounds as ETH.”
Final month, The Circulation Horse additionally in contrast Solana’s value motion to ETH’s early days, suggesting that SOL may smash all-time highs maybe someday in late 2024.
“In a personal group (can’t dox Excel chart of picks or individuals), my choose for the best-performing coin of the bounce this 12 months was SOL. The concept [is] {that a} darling of the final cycle would do very properly. I shared this chart of the beginnings of ETH vs. SOL, and I nonetheless suppose SOL in all probability does kind of the identical. The cheering bought fairly loud for this one.”
Solana is buying and selling for $21.28 at time of writing, up 3.6% within the final 24 hours.
The analyst can be bullish on Phemex’s yet-to-be-launched utility token for the crypto derivatives change platform. He factors to the sturdy performances of different change tokens to help his thesis on the upcoming altcoin.
“There’s truly one token I’m bullish on that isn’t even out but however may be mined. Phemex has a token popping out this quarter and my thesis is straightforward: take a look at different change tokens.”
Lastly, the analyst says he’s bullish on crypto playing platform Rollbit’s native token RLB.
“Yep, getting a whole lot of flack for my unfavourable posts however [the] solely issues I’m bullish on long run are Bitcoin and ETH, and the brand new initiatives but to come back to market.
Rollbit token is an exception.”
Rollbit is buying and selling for $0.19 at time of writing, up 7.8% within the final 24 hours.
Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox
Verify Value Motion
Observe us on Twitter, Facebook and Telegram
Surf The Day by day Hodl Combine
Generated Picture: Midjourney
