Markets
Trader Says Two Ethereum Rivals Could Outperform Crypto Market, Predicts Rally for Small-Cap Altcoins
A popular crypto strategist is naming two Ethereum (ET) challengers that he believes will rise 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 (NEAR).
According to the trader, NEAR was one of the fastest horses in this cycle and he you think it will burst out of the gate once the cryptocurrency market takes a bid.
“I continue to believe that taking a multi-month NEAR position today is a good move. Block him and don’t trade him.
NEAR continues to show relative strength alongside coins [latching] Trends in AI (artificial intelligence). When the market changes, it will outperform.”
At the time of writing, NEAR is worth $6.95.
Next, the analyst is also keeping an eye on fellow layer-1 altcoin AIOZ (AIOZ). The crypto dog He says he is also willing to hold AIOZ for a period of multiple months.
“I have been range-bound for the last couple of months, it should recover and outperform when the market comes back. I’m trading dregs, taking larger, long-term positions.
As of this writing, AIOZ is trading at $0.778, down nearly 4% over the past day.
The latest altcoin on traders’ radar is gaming-focused crypto project Xai (XAI). According to the analyst, XAI could skyrocket nearly 60% from current levels in the coming weeks.
“I think XAI can send back to $1 by June, it seems like a good price at the moment. (I am a heavy bag carrier).”
Source: The crypto dog/X
At the time of writing, XAI is worth $0.635.
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