A widely respected analyst and trader reveals his top four altcoins for the next six months.
The analyst, who goes by the pseudonym The Flow Horse, told his 217,900 followers on social media platform X that Ethereum (ETH) is one of the key plays to watch between now and the end of the year.
His other choices include memecoin Pepe (PEPE), MAGA (TRUMP), a memecoin inspired by presidential candidate Donald Trump, and Ondo Finance (ONDO), a project focused on tokenizing real assets (RWA).
“ETH, Pepe, Trump, Ondo. Don’t want a fifth, just throw it into King (Bitcoin). The maximum period is 6 months.”
The analyst says that simply holding Bitcoin (BTC) is likely the best risk-adjusted play over the long term rather than picking altcoins.
“BTC: I can comfortably hold the spot stack forever. Perhaps the same goes for ETH. Sticking to alternatives is historically always a losing strategy.”
Ethereum is trading at $3,787 at the time of writing and has fallen slightly over the past 24 hours. Meanwhile, ONDO is trading at $1.38 at the time of this writing, up nearly 2% in the last 24 hours.
At the time of this writing, MAGA is trading at $14.59, down more than 8% in the last 24 hours. TRUMP, which launched on Ethereum late last year, is up more than 213% in the past 30 days. Memecoin’s strong performance also increased the value of Donald Trump’s cryptocurrency holdings.
As of this writing, Pepe is trading at $0.00001499, up more than 72% in the last 30 days.
Last month, blockchain tracking firm Lookonchain discovered that a cryptocurrency whale had withdrawn $592 billion in PEPE, worth nearly $8 million at the time of trading, from Binance, the world’s leading cryptocurrency exchange.
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