tl;dr
Mark Yusko, the chief investment officer of Morgan Creek Capital, has revealed his top five altcoin picks for the new year. In an interview on the Altcoin Daily YouTube channel, he named Solana (SOL), Cardano (ADA), XRP, Dogecoin (DOGE), and Hedera (HBAR) as his top token picks. Yusko expressed part...
Mark Yusko, the chief investment officer of Morgan Creek Capital, has revealed his top five altcoin picks for the new year. In an interview on the Altcoin Daily YouTube channel, he named Solana (SOL), Cardano (ADA), XRP, Dogecoin (DOGE), and Hedera (HBAR) as his top token picks. Yusko expressed partiality to Solana and mentioned potential adoption of ADA, XRP, and HBAR by traditional finance firms.
He also emphasized not betting against Elon Musk and acknowledged the potential of Dogecoin. 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. 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.”