The chief investment officer of Morgan Creek Capital is revealing his top five altcoins picks heading into the new year.
In a new interview on the Altcoin Daily YouTube channel, Mark Yusko names his top token picks, including prominent smart contract platforms Solana (SOL) and Cardano (ADA).
Other digital assets on the executive’s list include XRP, the digital asset associated with Ripple Labs, meme asset Dogecoin (DOGE) and layer-1 blockchain Hedera (HBAR).
“I’ve become pretty partial to Solana, I got to say it. I mean, the guys have done a good job convincing me and you know, thankfully we didn’t sell our last bag and it’s gone from $13 to $240 or whatever so it’s pretty good.”
Yusko goes on to say that if he had “money to lose,” he’d bet on ADA, XRP, and HBAR as some firms in the traditional finance (TradFi) world may eventually adopt the crypto assets to not get left behind.
“If I had money that I was willing to lose – because I think you could literally lose it – I might actually own a little bit of [ADA, HBAR, and XRP] because…
Depending on how this ‘czar’ position and all that stuff plays out, could I see a world in which, as a bridge to the future – meaning the incumbents don’t want to be displaced tomorrow – they say ‘You know what? Fine we’ll use XRP or we’ll use some Hedera thing and we’ll be crypto.’”
Concluding with DOGE, Yusko says not owning the top meme token is a bet against billionaire Elon Musk.
“Don’t bet against Elon, obviously. DOGE probably is not the dumbest thing in the world. I thought it was pretty dumb all the way from $0 to $60 billion so jokes on me, I’m the dumb one, but anyway, that’s probably it.”
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