Markets
Trader Claims Two Ethereum Rivals Could Outperform Crypto Market, Predicts Bullishness for Low-Cap Altcoin
A popular crypto strategist is naming two Ethereum (ETH) challengers that he believes will grow faster than the rest of the market once conditions improve.
Pseudonymous analyst The Crypto Dog tells his 776,800 followers on social media platform X that he is long-term bullish on Near (CLOSE).
According to the trader, NEAR has been one of the fastest horses of this cycle and he believe it will explode as soon as the crypto market receives a bid.
“I still believe that taking a multi-month NEAR position today is a good move. Lock it up and don’t change it.
NEAR continues to show relative strength along with currencies [latching] AI (artificial intelligence) trend. When the market changes, he will outperform.”
At the time of writing, NEAR is worth $6.95.
Next, the analyst is also closely monitoring layer 1 altcoin AIOZ (AIOZ). The crypto dog it says he is also willing to hold AIOZ for a period of several months.
“It has been varying in recent months, should recover again and outperform when the market returns. I’m trading less, taking larger, long-term positions.”
At the time of writing, AIOZ is trading at $0.778, down almost 4% from the previous day.
The latest altcoin on the trader’s radar is the cryptographic project Xai (XAI). According to the analyst, XAI could soar almost 60% from current levels in the coming weeks.
“I think XAI can send back $1 by June, seems like a good price at the moment. (I’m a heavy loader).
Source: The Crypto Dog/X
At the time of writing, XAI was worth $0.635.
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