CNBC’s top cryptocurrency trader reveals the altcoins he’s accumulating

Ran Neuner, a top cryptocurrency trader on CNBC, revealed some of the altcoins he is accumulating as the cryptocurrency market awaits a true bull season.

Neuner made the disclosure in a recent post on X criticizing some of the choices of cryptocurrency market participants in this phase of accumulation.

Altcoins CNBC Crypto Trader is buying

Neuner specifically highlighted that he is buying Solana (SOL), the fifth most valuable cryptocurrency. Neuner stressed that while he is optimistic about SOL, he finds others prefer it Ivy (HBAR) misleading, as it believes HBAR has less upside potential.

In particular, during the almost two months of bearish performance, Solana retained over 585% of the gains it achieved. accrued since last year. On the other hand, HBAR saw a more modest increase of 101% over the same time frame.

Additionally, Neuner revealed that Arweave (AR) is one of his favorite crypto assets for accumulation. He simultaneously criticized the choice of who he would prefer XRP to AR tokens, especially when comparing their performance.

According to market statistics, AR has increased by more than 501% since 2023. XRP pales in comparison with gains of 18% in the same period.

Additionally, the CNBC trader criticized the choice of individuals accumulating Cardano (ADA), suggesting that Toncoin (TON) would be preferable.

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In April, Toncoin emerged as an explosive performer in the cryptocurrency market, entering the top ten with a percentage growth of more than 300%. TON replaced ADA from his position and then deleted Dogecoin. Now, TON is the eighth most valuable cryptocurrency.

Looking at this trajectory, Neuner identified TON among the resources he is accumulating as opposed to ADA. Essentially, the leading trader is buying SOL, AR, and TON, viewing them in a better light than HBAR, XRP, and ADA.

The crypto community disagrees

Presumably, cryptocurrency enthusiasts disagreed with Neuner’s recommendation. Critics were largely enthusiastic about the HBAR which highlighted the superior characteristics of the Hedera network compared to Solana.

At the same time, some have questioned Neuner’s track record, pointing to past recommendations that have led to poor investment results. One notable example involved Terraform Labs’ LUNA token. Neuner had already done it encouraged investment in LUNA in mid-2021.

However, LUNA suffered a catastrophic collapse a year later, wiping out all of its value and leaving investors with significant losses. This story has led some to do so scrutinize Neuner’s recommendations with skepticism.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.

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