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Henry Kanapi
1 week ago

Trader Says Two Ethereum Rivals Could Outperform Crypto Market, Predicts Rally for Low-Cap Altcoin

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A popular crypto strategist is naming two Ethereum (ETH) challengers that he thinks will rise faster than the rest of the market once conditions improve.

Pseudonymous analyst The Crypto Dog tells his 776,800 followers on the social media platform X that he’s long-term bullish on Near (NEAR).

According to the trader, NEAR has been one of the faster horses this cycle and he believes it will burst right out of the gate once the crypto market catches a bid.

“Still believe taking a multi-month NEAR position today is a good move. Lock it in and don’t trade it.

NEAR keeps showing relative strength along with coins [latching] AI (artificial intelligence) trend. When the market turns, it will outperform.”

At time of writing, NEAR is worth $6.95.

Next up, the analyst is also keeping a close watch on fellow layer-1 altcoin AIOZ (AIOZ). The Crypto Dog says he’s also willing to hold AIOZ over a multi-month period.

“Been ranging for the last couple of months, should pick up again and outperform when the market swings back. I’m trading lees, taking bigger, longer-time positions.”

At time of writing, AIOZ is trading at $0.778, down nearly 4% in the past day.

The last altcoin on the trader’s radar is the gaming-focused crypto project Xai (XAI). According to the analyst, XAI could skyrocket by nearly 60% from current levels in the coming weeks.

“I’d think XAI can send back to $1 by June, seems like a good price at the moment. (I am a heavy bagholder).”

At time of writing, XAI is worth $0.635.

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