A high-profile crypto strategist and trader is revealing 11 crypto assets that he plans to hold this month as he believes that altcoins are poised to ignite a massive breakout.
In a new tweet, pseudonymous trader Capo says that he plans to keep a bag of Syntropy (NOIA), a protocol that optimizes and encrypts the public internet for its users, Reserve Rights governance token Reserve Rights Token (RSR), and leading smart contract platform Ethereum (ETH).
[adinserter block="1"]In addition, Capo says he plans to hold cybersecurity project Constellation (DAG), decentralized exchange Balancer (BAL), privacy-preserving decentralized database Phala Network (PHA), oracle project Tellor (TRB), autonomous economy platform Sora (XOR), automated market maker PorkSwap (PSWAP), video and gaming protocol Verasity (VRA), and blockchain-based ecosystem Sand.
Capo says he expects altcoins to rally, particularly low-cap coins, as he believes the Others Dominance index, a chart that tracks the performance of the crypto markets excluding Bitcoin and other major altcoins has broken out of a massive five-year consolidation.
“Now is when people move from alts to BTC and alts pump a few days later. Very comfy being mostly in alts to be honest.”
Looking at NOIA, Capo believes that the altcoin is at the early stages of a massive parabolic move that would allow it to print gains of over 160% against Bitcoin (NOIA/BTC) from its current price of 0.00001229.
“NOIA/BTC. Someone said parabola?”
As for Reserve Rights Token, Capo predicts that it has an upside potential of over 220% against Bitcoin (RSR/BTC) from its current value of 0.00000155.
“RSR/BTC. This wants to pump hard.”
The trader is also watching the movement of Ethereum. He says the ascent of the second-largest cryptocurrency will not stop at $10,000.
“Always step by step, but I don’t think the ETH top for this cycle will be $10,000. It will be higher.”
At time of writing, Ethereum is en route to printing a new all-time high as it soars above $3,000, according to CoinMarketCap.
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