A popular crypto strategist and trader is unveiling his crypto portfolio as we close out 2021, claiming that he snagged one under-the-radar altcoin.
Pseudonymous analyst The Crypto Dog tells his 719,500 followers that he’s holding Bitcoin (BTC) and other layer-1 altcoins like Near (NEAR) and Fantom (FTM).
“Long BTC (less trades > more profit)
DUSK (investment, not trading)
NEAR (haven’t sold any)…
FTM I scooped a Christmas bag, still holding.”
The crypto strategist adds that he’s also holding the token of decentralized exchange Sushi.
“SUSHI outperforming strong.
Wish I had a big bag but you can’t catch them all.”
Other altcoins on the trader’s radar are blockchain scaling solution Polygon (MATIC) and decentralized finance payment network Terra (LUNA).
The Crypto Dog also says that he is particularly invested more in one altcoin that uses zero-knowledge (ZK) technology to preserve the privacy of smart contracts.
“DUSK new all-time highs. ZK season really is starting… Yes, a big reason why I went in so heavy on DUSK was because of the valuation MINA has while DUSK was so small.
At the core, DUSK tech > MINA. MINA market cap is still 4.7x higher than DUSK.
I know which one I’d rather hold.”
Dusk Network (DUSK) is a privacy-focused blockchain suited for financial applications and enables organizations to issue tokens governed by smart contracts that preserve privacy.
Currently, DUSK is trading at $0.76 with a market cap of $302.84 million.
Meanwhile, Mina Protocol (MINA), a project that also uses ZK technology to offer direct and permissionless access and end-to-end privacy on their blockchain network, is trading at $3.53 with a market cap of $1.18 billion.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Tithi Luadthong/Natalia Siiatovskaia
