Prominent CNBC Cryptocurrency Trader Reveals Altcoins in His Investment Portfolio
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CNBC Crypto Trader host Ran Neuner has revealed a selection of alternative cryptocurrencies he is gathering in anticipation of an upcoming bull market in the crypto arena.
Neuner shared his insights in a recent revelation on X, where he also expressed his views on the investment choices of other crypto investors during the current stage of market accumulation.
Selected Altcoins by the CNBC Crypto Trader
Of note, Neuner is favoring Solana (SOL), which is currently ranked as the fifth-largest cryptocurrency by market cap. Although supportive of SOL, he queries the judgment of those favoring
Hedera (HBAR)
,
citing lower anticipated returns for HBAR.
Despite nearly two consecutive months of bearish activity, Solana has managed to keep over 585% in gains since last year, according to Neuner. Compared to this, HBAR’s rise has been at a more conservative rate of 101%.
Moreover, Neuner has highlighted his current accumulation of Arweave (AR) while questioning those who prioritize
XRP
over AR, particularly when comparing their market performance.
Market data indicates an impressive surge for AR, showing an increase of over 501% since 2023, standing in stark contrast to XRP’s 18% gains in the same duration.
Neuner also pointed out that he is buying into Toncoin (TON) rather than Cardano (ADA), suggesting a better potential for TON.
Comparing records, I’ve selected $SOL, $AR, and $TON as my investments – a contrast to those choosing $HBAR, $XRP, and $ADA.
Our strategies differ.
— Ran Neuner (@cryptomanran) May 12, 2024
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In April, Toncoin demonstrated an exponential increase, climbing into the top ten with over 300% growth. TON’s ascension begins with it surpassing ADA and eventually overtaking Dogecoin, securing its place as the eighth most significant cryptocurrency.
Based on its progression, Neuner counts TON among his investment choices over ADA, confident in the promise of SOL, AR, and TON versus HBAR, XRP, and ADA.
Divergent Views in the Crypto Sphere
Unsurprisingly, Neuner’s outlook has stirred debate among crypto advocates, with a vocal segment of HBAR supporters
defending
the Hedera network’s advantages over Solana.
Others have cast a skeptical eye on Neuner’s track record, citing past advice such as the promotion of Terraform Labs’s LUNA coin in mid-2021, which suffered a devastating plummet, leading to considerable investor losses. These past events have led to increased scrutiny of Neuner’s current recommendations.
Disclaimer: This information is presented for educational purposes and should not be taken as investment advice. Opinions expressed herein are personal to the author and are not necessarily in alignment with The Crypto Basic’s stance. We advise rigorous due diligence prior to any investment action. The Crypto Basic holds no liability for financial losses incurred.
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