A carefully adopted crypto strategist says that apart from Bitcoin (BTC) and Ethereum (ETH), there are solely three different initiatives he’s bullish on.
The pseudonymous analyst generally known as The Movement Horse, also called 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 might be repeating the early days of Ethereum earlier than ETH soared to 4 figures.
“However yea, I believe it’s going by way of the identical early cycle rounds as ETH.”
Final month, The Movement Horse additionally in contrast Solana’s worth motion to ETH’s early days, suggesting that SOL might smash all-time highs maybe someday in late 2024.
“In a personal group (can’t dox Excel chart of picks or folks), my decide for the best-performing coin of the bounce this 12 months was SOL. The thought [is] {that a} darling of the final cycle would do very effectively. I shared this chart of the beginnings of ETH vs. SOL, and I nonetheless suppose SOL most likely does roughly 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 also be bullish on Phemex’s yet-to-be-launched utility token for the crypto derivatives alternate platform. He factors to the sturdy performances of different alternate tokens to help 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 easy: take a look at different alternate tokens.”
Lastly, the analyst says he’s bullish on crypto playing platform Rollbit’s native token RLB.
“Yep, getting a variety of flack for my detrimental posts however [the] solely issues 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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