Cryptocurrency trader and Host and Founder of Crypto Banter, Ran Neuner, shared his 14 altcoin projects that he thinks will rise in a recent tweet. He stated that these are also included in his portfolio. Here are the details…
Ren Neuer announced his portfolio of 14 altcoin projects
Veteran trader Ran Neuer included “cryptocurrencies that he believes will survive the downturn” in a recent tweet. The expert also explained how a capital of approximately $1,500 will be distributed among these altcoins. The altcoins and capital distribution Neuer pointed out are as follows:
- Bitcoin (BTC): $200
- Ethereum (ETH): $200
- Solana (LEFT): $150
- Polygon (MATIC): $150
- Arweave (AR): $150
- Dogecoin (DOGE): $150
- Injective Protocol (INJ): $100
- THORChain (RUNE): $50
- Stargate Finance (STG): $50
- The Graph (GRT): $50
- GMX (GMX): $50
- Helium (HNT): $50
- Vulcan Forged (PYR): $50
- Immutable X (IMX): $50
- Render (RNDR): $50
Here is a $1500 portfolio.$BTC -$200$ETH -$200$SOL -$150$MATIC -$150$AR -$150$DOGE -$150$INJ -$100$RUNE -$50$STG – $50$GRT -$50$GMX – $50$HNT -$50$PYR -$50$IMX -$50$RNDR -$50
It is balanced across sectors.These tokens should survive a bear & fly in a bull market.
— Ran Neuner (@cryptomanran) November 27, 2022
SOL on the analyst’s list has become the controversial coin of recent times
At the top of the analyst’s list are Bitcoin and Ethereum, the largest cryptocurrencies by market cap. But the interesting thing is that Solana took third place by weight. As we have reported as Kriptokoin.com, SOL was one of the coins that took the biggest hit from the FTX crisis. Solana had lost 60 percent of its market capitalization in a week due to exposure to the bankrupt cryptocurrency exchange FTX.
FTX and its sister company, Alameda Research, have control over 50 million SOLs, Solana announced on November 10. FTX and its affiliates received 4 million SOLs from the Solana Foundation on August 31, 2020. They also kept some of the 12 million SOLs as of September 11, 2020, and approximately 34.52 million SOLs as of January 7, 2021, in lockdown. Right now Alameda has millions of dollars locked in SOL.
What was Neuer’s interpretation of FTX?
Neuner also attracted attention with his statements about FTX. “There is a rumor in the industry and I can’t confirm it because I haven’t seen the documentation but it comes from a reliable source, BlockFi had a loan to FTX collateralized by FTT,” he said in mid-November. “FTT is now worth zero and FTX cannot repay the loan,” he added. As we have reported as Kriptokoin.com, BlockFi announced its bankruptcy the other day.
What happened to FTX? FTX was founded and managed by Sam Bankman-Fried, who also manages assets through his trading company Alameda Research. On November 2, a report published Alameda’s leaked balance sheet. A large portion of its assets consisted of FTT tokens. This caused great anxiety and a liquidity crisis.
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