Top Trader Unveils Crypto Holdings Following Last Week’s Crash, Says Altcoin Recovery Now on Accelerated Timeline – The Daily Hodl

A widely followed crypto analyst and trader is unveiling a list of crypto assets he is holding after last week’s altcoin meltdown.

The trader pseudonymously known as The Flow Horse tells his 211,400 followers on the social media platform X that his crypto portfolio currently consists of Bitcoin (BTC), Solana (SOL), Ethereum (ETH), dogwifhat (WIF) along with a variety of crypto assets in the artificial intelligence (AI) and the tokenization of real-world assets (RWAs) sub-sectors.

According to the pseudonymous trader, he snapped up more Solana than Ethereum during the most recent dip as SOL has been significantly outperforming the top smart contract platform.

“The trend is your friend.”

The Flow Horse’s portfolio revelations came a little over a day after the widely followed trader had predicted that altcoins would likely witness sideways trading until July. But with altcoins showing strong bounces in the last couple of days, the trader now thinks that alts may resume their uptrend on an accelerated timeline.

“For alts: if we get the standard summer wide range chop, great, but needless to say yesterday’s move fast-forwarded the market to prices I would have figured took longer to reach. Incredible really.”

At time of writing, the total market cap of all altcoins excluding stablecoins and Ethereum is hovering at $626 billion, up about 10% from its April lows of $563.85 billion.

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• Source: https://dailyhodl.com/2024/04/16/top-trader-unveils-crypto-holdings-following-last-weeks-crash-says-altcoin-recovery-now-on-accelerated-timeline/