Trader Says Two Ethereum Rivals Could Outperform Crypto Market, Predicts Rally for Low-Cap Altcoin – Crypto News – Crypto News
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Trader Says Two Ethereum Rivals Could Outperform Crypto Market, Predicts Rally for Low-Cap Altcoin – Crypto News

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1 year ago

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A popular crypto strategist is naming two Ethereum (ETH) challengers that he thinks will rise faster than the rest of the market once conditions improve.

Pseudonymous analyst The Crypto Dog tells his 776,800 followers on the social media platform X that he’s long-term bullish on Near (NEAR).

According to the trader, NEAR has been one of the faster horses this cycle and he believes it will burst right out of the gate once the crypto market catches a bid.

“Still believe taking a multi-month NEAR position today is a good move. Lock it in and don’t trade it.

NEAR keeps showing relative strength along with coins [latching] AI (artificial intelligence) trend. When the market turns, it will outperform.”

At time of writing, NEAR is worth $6.95.

Next up, the analyst is also keeping a close watch on fellow layer-1 altcoin AIOZ (AIOZ). The Crypto Dog says he’s also willing to hold AIOZ over a multi-month period.

“Been ranging for the last couple of months, should pick up again and outperform when the market swings back. I’m trading lees, taking bigger, longer-time positions.”

At time of writing, AIOZ is trading at $0.778, down nearly 4% in the past day.

The last altcoin on the trader’s radar is the gaming-focused crypto project Xai (XAI). According to the analyst, XAI could skyrocket by nearly 60% from current levels in the coming weeks.

“I’d think XAI can send back to $1 by June, seems like a good price at the moment. (I am a heavy bagholder).” 

Source: The Crypto Dog/X

At time of writing, XAI is worth $0.635.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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