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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Experienced Analyst Revised Altcoin Portfolio! Listed the Altcoins to Sell and the Altcoins to Consider Buying!
Cryptocurrency analyst Miles Deutscher, closely followed by investors, shared that he has revised his altcoin portfolio.
At this point, the analyst stated that he sold some altcoins and invested in altcoins that he thought offered better investment opportunities.
In a recent video, Deutscher listed the altcoins he will sell and replace, and said that he added ONDO to his list of altcoins to sell due to concerns about the price pressure that the upcoming token unlock of Ondo may create.
In addition to ONDO, the analyst who stated that he will also dispose of popular Layer-2 projects such as Polygon (MATIC) expressed that he will focus on more innovative and high-yield potential projects such as Chintai (CHEX) and Mode instead of these altcoins.
Deutscher, who stated that Ethereum (ETH) did not show the expected performance in 2024, said that he converted his Solana (SOL) into ETH, which is expected to perform well in the long term.
The analyst, who expressed his continued interest in artificial intelligence (AI) projects, added to the sales list because FET did not meet his expectations and stated that he turned to new AI projects such as Virtuals Protocol instead of FET.
Finally, in the DePIN sector, RENDER stated that it has added to the sales list and focused on projects such as PinLink and AIOZ.