Altcoins
Best Altcoin Picks for the 2024-2025 Crypto Bull Run
In a recent altcoin analysis, cryptocurrency analyst Matthew Perry, talked about his top altcoin picks for the remainder of 2024 and into 2025. He dives into the cryptocurrencies he chose and the reasoning behind them.
Perry begins by emphasizing the importance of having a strategic portfolio that includes plays with both growth potential and long-term viability. He believes in holding sustainable assets rather than just looking for quick gains.
His favorite? XRP. Perry is bullish on Ripple’s native token because of its potential impact on the crypto market and traditional banking systems. Holding 80,000 XRP himself, Perry sees the ongoing legal battle with the SEC as a significant factor in the future trajectory of XRP.
Next up is Crypto.com Coin (CRO), a utility token with promising growth prospects. Perry holds a large position of 264,000 CRO on various platforms, betting on its potential to reach $1-$3 per token.
JASM Coin is another notable item in Perry’s portfolio, with one million tokens in his possession. He believes in JASM’s role in the emerging areas of AI and the metaverse, and expects substantial gains as the project gains traction.
Perry also includes Litecoin (LTC) on his list, believing in its longevity and potential for significant appreciation. He holds $7,000 worth of LTC and envisions it reaching new highs during the next bull run. Other noteworthy mentions include Solana (SOL), Avalanche (AVAX), and Cardano (ADA), all chosen for their usefulness and long-term growth potential.
Perry’s portfolio strategy is clear: invest in projects with strong fundamentals, utility and potential for sustained growth. While quick wins are appealing, Perry opts for a more strategic approach, focusing on assets that endure in the ever-changing crypto landscape.