Altcoins
Top Crypto Trader CNBC Reveals the Altcoins He’s Accumulating
Ran Neuner, a prominent crypto trader from CNBC, has disclosed some of the altcoins he is accumulating as the crypto market awaits a full-fledged bull season.
Neuner made this revelation in a recent article on X while criticizing some of the crypto market participants’ choices in this accumulation stage.
Altcoins CNBC Crypto Trader buys
Notably, Neuner said he was buying Solana (SOL), the fifth most valuable cryptocurrency. Neuner emphasized that while he is bullish on SOL, he notes that others prefer Hedera (HBAR) ill-advised, as he views HBAR as having less upside potential.
Notably, amid nearly two months of bearish performance, Solana is preserving more than 585% of the gains it has. accumulated since last year. In contrast, HBAR saw a more modest increase of 101% over the same period.
Additionally, Neuner revealed Arweave (AR) as one of his current favorite crypto assets for accumulation. At the same time, he criticizes the choice of those who would prefer XRP to AR tokens, especially when comparing their performance.
According to market statistics, AR has increased by over 501% since 2023. is nothing in comparison with gains of 18% over the same period.
Additionally, trader CNBC criticized the choice of individuals accumulating Cardano (ADA), suggesting that Toncoin (TON) would be preferred.
I buy $ SOL.
You buy $HBAR.
I buy $AR.
You buy $XRP.
I buy $TONS.
You buy $ADA.we are not the same.
– Ran Neuner (@cryptomanran) May 12, 2024
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Toncoin became an explosive player in the crypto market in April, ranking in the top ten with a growth percentage above 300%. YOUR first displaced ADA from its position, then eliminated Dogecoin. Today, TON ranks as the eighth most valuable cryptocurrency.
Observing this trajectory, Neuner identified TON among the assets he is accumulating as opposed to ADA. Essentially, the prominent trader is buying SOL, AR, and TON, seeing them in a better light than HBAR, XRP, and ADA.
The crypto community disagrees
As expected, crypto enthusiasts disagreed with Neuner’s recommendation. Critics were largely HBAR enthusiasts who Underlines the superior features of the Hedera network compared to Solana.
At the same time, some have questioned Neuner’s track record, pointing to past recommendations that resulted in poor investment results. One notable example involved the LUNA token from Terraform Labs. Neuner had previously encouraged investment in LUNA mid-2021.
However, LUNA suffered a catastrophic collapse a year later, wiping out all of its value and leaving investors with significant losses. This story has led some to scrutinize Neuner’s recommendations with skepticism.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinions of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.
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