According to Deaton, Bitcoin (BTC) topped the list of his preferred assets. This list also has XRP, Ethereum (ETH), Quant (QNT), Render Network (RNDR), Solana (SOL), Kaspa (KAS), Avalanche (AVAX), Hedera (HBAR) and Casper (CSPR) as preferred coins to hold.
The choice of some of these digital currencies is explainable as owning Bitcoin is synonymous with betting big on the de facto leader in the industry, with the possibility of getting a this year. Should this happen, experts predict Bitcoin will skyrocket in response to the massive capital inflows it will see.
XRP’s choice stems from its as the only regulatory-defined token in the United States with great utility as a payment token. Other tokens like Ethereum, Solan, Kaspa and Render were named as they all exhibited some unique use cases that can bolster their performance.
While Stellar is a formidable payment protocol with functional partnerships, Cardano has remained consistent in rolling out innovative protocols, the latest of which is the . Though most commenters had differing opinions, the debate on X shows the industry has enough promising projects to consider when exploring investment options.
This article was originally published on U.Today
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