These Are the Top 10 Crypto Assets to Hold As Bitcoin Bull Wave Arrives, According to Trader Tyler Swope
Analyst and influencer Tyler Swope is revealing the top ten crypto picks in his portfolio.
Swope, who anticipates a big Bitcoin bull wave to close out the year, says he’s still a Chainlink (LINK) proponent despite its losses in the past two months. He remains a big believer in the decentralized oracle network and says LINK is still his number one pick for HODLing. The altcoin now makes up 40% of his portfolio.
“So why am I going to still hold every single one of my LINK with a grip tighter than Sly Stallone? Well it comes down to two things: Staking with LINK is still on the horizon, and rollups – not the fruit type.”
The crypto trader notes that the much-hyped Arbitrum Rollup’s new testnet will be run by Chainlink nodes. LINK is trading at $10.80 at time of writing, down from its all-time-high of $19.85 in mid-August, according to CoinMarketCap.
Swope’s number two HODL pick is Bitcoin, but he says that evaluation is close to changing. BTC makes up 17% of portfolio.
Ethereum is his number three pick after the asset’s 82% price increase since late May. ETH represents 12% of his portfolio and he says he’s planning on adding to that position.
Energy Web Token (EWT) is at number four in Swope’s portfolio after nearly 94% gains since late May. The analyst reports that the German government partnered with Energy Web to build a prototype identity registry for Germany’s energy market. EWT is 6% of his portfolio.
REN is Swope’s number five, with gains of nearly 300% since late May. It’s also 6% of his portfolio. Number six is Unibright (UBT), which lost value since May and is now just 5% of his portfolio, down from 15% in late May.
Kusama (KSM) is his seventh HODL pick after increasing more than 400% in value since late May. The asset is 3% of his portfolio. Number eight is Rocket Pool (RPL), which, by contrast, only saw about a 12% increase since May. RPL is 2% of his portfolio.
Swope’s ninth pick is XDAI Stake (STAKE), which makes up 1% of his portfolio, and his tenth pick is Sora (XOR), also at 1%.