A widely followed crypto analyst and trader reveals a list of crypto assets he owns following last week’s altcoin meltdown.
The trader pseudonymously known as The Flow Horse tells his 211,400 followers on the social media platform and the tokenization of real asset subsectors (RWAs).
According to the pseudonymous trader, he picked up more Solana than Ethereum during the most recent dip, as SOL significantly outperformed the top smart contract platform.
“The trend is your friend.”
The revelations about Flow Horse’s portfolio came just over a day after the widely followed trader predicted that altcoins are likely to witness sideways trading until July. But with altcoins showing strong gains in recent days, traders now believe alts could resume their uptrend on an accelerated timeline.
“For alts, if we get the standard summer cutlet with a wide range, great, but needless to say, yesterday’s move accelerated the market to prices I thought would take longer to reach. Unbelievable actually.”
At the time of writing, the total market cap of all altcoins, excluding stablecoins and Ethereum, is hovering at $626 billion, up about 10% from April’s low of $563.85 billion.
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