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The expert singled out two cryptocurrencies whose value will exceed the growth of the entire market

1:42 pm, May 14, 2024

A popular crypto strategist has named two Ethereum (ETH) competitors that will grow faster than the rest of the market once conditions improve. The analyst, who goes by the pseudonym The Crypto Dog, told his 776,800 followers on the social platform X.

According to the analyst, he is a long-term bull on Near (NEAR). NEAR has been one of the fastest-growing tokens this cycle, and The Crypto Dog believes that NEAR will break out as soon as there is demand in the crypto market.

«I still think taking a multi-month position in NEAR today is a good move. Hold it and don’t trade it. NEAR continues to show relative strength along with coins that are [ั„ั–ะบััƒัŽั‚ัŒ] trending on the artificial intelligence. When the market turns around, it will outperform,» the expert emphasized.

The analyst is also keeping a close eye on the first-tier altcoin AIOZ (AIOZ). Crypto Dog says he is also ready to hold AIOZ for several months. «The price has been fluctuating for the past few months, but should rise again and outperform when the market turns back. I’m trading with a stretch, taking larger, longer positions.»

Note that this week’s economic calendar may cause even more volatility in virtual assets, as key inflation data will be published, as well as a number of speeches by representatives of the US Federal Reserve, which may indicate the direction of monetary policy in the future.

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BTC

$94,228.12

-2.50%

ETH

$3,225.82

-2.26%

BNB

$644.45

-2.27%

XRP

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-2.26%

SOL

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