A intently adopted crypto strategist says that moreover Bitcoin (BTC) and Ethereum (ETH), there are solely three different tasks he’s bullish on.
The pseudonymous analyst often called 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 could possibly 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 worth 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 decide for the best-performing coin of the bounce this yr 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 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 also be bullish on Phemex’s yet-to-be-launched utility token for the crypto derivatives trade platform. He factors to the sturdy performances of different trade tokens to assist his thesis on the upcoming altcoin.
“There may be truly one token I’m bullish on that isn’t 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 trade tokens.”
Lastly, the analyst says he’s bullish on crypto playing platform Rollbit’s native token RLB.
“Yep, getting quite a lot of flack for my adverse posts however solely factor I’m bullish on long run are Bitcoin and ETH, and the brand new tasks 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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