Crypto Analyst Reveals His Current Portfolio Holdings After Altcoin Meltdown
The recent altcoin meltdown has left many crypto investors reeling, but one trader is staying strong and revealing his current crypto holdings. The mysterious trader known as The Flow Horse has shared his portfolio with his 211,400 followers on X, and it includes some interesting picks.
According to The Flow Horse, his portfolio consists of Bitcoin, Solana, Ethereum, dogwifhat, and various other crypto assets in the AI and RWAs sub-sectors. He recently made a strategic move to buy more Solana than Ethereum during the dip, as SOL has been outperforming the top smart contract platform.
The Flow Horse’s portfolio revelations come on the heels of his prediction that altcoins would trade sideways until July. However, with recent strong bounces in the altcoin market, he now believes that alts may resume their uptrend sooner than expected.
The total market cap of altcoins, excluding stablecoins and Ethereum, is currently sitting at $626 billion, up about 10% from its April lows. This positive price action has many investors hopeful for the future of the altcoin market.
As always, it’s important for investors to do their own research before making any high-risk investments in the crypto space. The Daily Hodl reminds readers that all transfers and trades are at their own risk, and losses incurred are the responsibility of the individual. Stay informed and stay safe in the volatile world of cryptocurrency trading.