A crypto strategist, known as The Crypto Dog, is highlighting two Ethereum (ETH) competitors that he believes will outperform the rest of the market once conditions improve.
The anonymous analyst, who has a following of 776,800 on the social media platform X, expresses long-term optimism for Near (NEAR). According to The Crypto Dog, NEAR has been one of the top performers in this market cycle and he expects it to make significant gains once the crypto market gains momentum. He encourages investors to take a multi-month position in NEAR, emphasizing the coin’s consistent relative strength and its alignment with the AI trend. At the time of writing, NEAR is valued at $6.95.
The analyst is also closely monitoring AIOZ (AIOZ), another layer-1 altcoin. The Crypto Dog suggests holding AIOZ over a multi-month period, as he believes it will pick up momentum and outperform the market when it swings back. AIOZ is currently trading at $0.778, experiencing a 4% decline in the past day.
Lastly, The Crypto Dog has his eye on the gaming-focused crypto project Xai (XAI). He predicts that XAI could see a 60% surge from its current levels in the coming weeks, potentially reaching $1 by June. Despite being a “heavy bagholder,” the analyst sees the current price as favorable. XAI is currently valued at $0.635.
Please note that the opinions expressed by The Crypto Dog are not investment advice, and investors should conduct their own research before making high-risk investments in Bitcoin, cryptocurrency, or digital assets. Trading and transfers are done at one’s own risk, and any losses incurred are the responsibility of the individual. The Daily Hodl, where this article originates, does not endorse the buying or selling of cryptocurrencies or digital assets and is not an investment advisor.