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Top Trader Says He’s Only Bullish on Solana and Two Other Crypto Assets Besides Bitcoin and Ethereum

August 29, 2023
in Altcoin
Reading Time: 3 mins read
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A intently 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 Move Horse, often known as Cantering Clark, tells his 181,700 followers on the social media platform X that ETH-rival Solana (SOL) has massive 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 feel it’s going via the identical early cycle rounds as ETH.”

Final month, The Move 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 non-public group (can’t dox Excel chart of picks or folks), my choose for the best-performing coin of the bounce this 12 months was SOL. The concept that a darling of the final cycle would do very nicely. I shared this chart of the beginnings of ETH vs. SOL, and I nonetheless suppose SOL most likely does roughly the identical. The cheering received fairly loud for this one.”

Image
Supply: The Move Horse/X

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 robust performances of different change tokens to assist his thesis on the upcoming altcoin.

“There’s truly one token I’m bullish on that’s not even out but however might be mined. Phemex has a token popping out this quarter and my thesis is straightforward: Have a look at different change tokens.”

Lastly, the analyst says he’s bullish on crypto playing platform Rollbit’s native token RLB.

“Yep, getting loads of flack for my unfavourable posts however solely factor I’m bullish on long run are Bitcoin and ETH, and the brand new initiatives but to return 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.

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Disclaimer: Opinions expressed at The Day by day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any loses you could incur are your accountability. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in online marketing.

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Tags: AssetsBitcoinbullishCryptoEthereumHesSolanaTopTrader
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