A widely followed analyst and trader is revealing his top four altcoin picks for the next six months.
The analyst pseudonymously known as The Flow Horse tells his 217,900 followers on the social media platform X that Ethereum (ETH) is one of the main plays to look at from now until late this year.
His other picks include memecoin Pepe (PEPE), MAGA (TRUMP), memecoin inspired by presidential candidate Donald Trump and Ondo Finance (ONDO), a project focused on tokenizing real-world assets (RWAs).
“ETH, Pepe, Trump, Ondo. Don’t want a fifth, just throw it in the king (Bitcoin). Six months max timeframe.”
The analyst says that in the long term, simply holding Bitcoin (BTC) is likely the best risk-adjusted play rather than attempting to pick altcoins.
“BTC: I can hold a spot stack comfortably forever, maybe ETH too. Hanging on to alts is always historically a losing strategy.”
Ethereum is trading for $3,787 at time of writing, down slightly in the last 24 hours. Meanwhile, ONDO is trading for $1.38 at time of writing, up nearly 2% in the last 24 hours.
MAGA is trading for $14.59 at time of writing, down more than 8% in the last 24 hours. TRUMP, launched late last year on Ethereum, is up more than 213% in the last 30 days. The memecoin’s strong performance has also boosted the value of Donald Trump’s own crypto holdings.
Pepe is trading for $0.00001499 at time of writing, up more than 72% in the last 30 days.
Last month, blockchain tracking firm Lookonchain noticed that one crypto whale withdrew 592 billion PEPE from Binance, the world’s top crypto exchange, which was worth nearly $8 million at the time of the transaction.
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Generated Image: Midjourney