Top Trader Reveals Crypto Portfolio After Last Week’s Market Plummet, Anticipates Altcoin Rebound to Speed Up
A popular crypto analyst and trader known as The Flow Horse has shared his current crypto holdings following the recent altcoin crash. The trader, who has amassed a large following of 211,400 on X, reveals that his portfolio includes Bitcoin (BTC), Solana (SOL), Ethereum (ETH), dogwifhat (WIF), as well as various crypto assets in the artificial intelligence (AI) and tokenization of real-world assets (RWAs) sectors.
During the recent dip, The Flow Horse purchased more Solana than Ethereum, as SOL has been performing exceptionally well compared to the leading smart contract platform. The trader believes in following the trend, hence the decision to allocate more funds to SOL.
Interestingly, The Flow Horse’s portfolio update comes shortly after he predicted that altcoins would experience sideways trading until July. However, with altcoins bouncing back strongly in the past few days, the trader now anticipates that the uptrend for altcoins may resume sooner than expected.
As of now, the total market capitalization of altcoins, excluding stablecoins and Ethereum, stands at around $626 billion, a 10% increase from its April lows of $563.85 billion.
Please note that the opinions expressed by The Daily Hodl are not investment advice, and investors should conduct thorough research before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets. All transfers and trades are undertaken at your own risk, and any losses incurred are your responsibility. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, nor is it an investment advisor.