Morgan Creek Digital crypto hedge fund managing partner and Bitcoin (BTC) bull Mark Yusko is naming the layer-1 altcoins he sees coming out on top.
In a new YouTube interview with Altcoin Daily host Austin Arnold, Yusko says the layer-1 blockchain projects that are the strongest out of the pack are Ethereum (ETH)-rivals Avalanche (AVAX) and Polkadot (DOT).
Yusko also applauds Cosmos (ATOM) when it comes to use-case possibilities and accuracy.
“I probably lean toward Avalanche. I like them. Polkadot and Cosmos, I think you can make really good cases of why they could be winners.”
At time of writing, Avalanche is swapping hands at $13.20, Polkadot at $5.44 and Cosmos at $10.49.
Yusko then names Solana (SOL) as a solid project with flaws.
“We made and lost a lot of money in Solana. I still think there’s something there. I struggle with the one thing about Solana, well there are two things. One, it tends to go out, which I don’t like. And two, it’s not 100% accurate. So there are certain use cases that you just can’t use. You know, if I’m rendering a game and it’s got a little glitch, I don’t really care… If I got an NFT [non-fungible token] that doesn’t render perfectly at first, okay, no problem. But if I’m doing accounting, I got to have 100%. Not 99.999%. I need 100%.”
At time of writing, Solana is trading hands at $14.02.
I
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
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 loses 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/Wuttikai Pimpakhun
