Altcoins

Here are the 10 best Altcoins held by Crypto Wealth Mentor

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Levi Rietveld, a widely followed cryptocurrency mentor on Platform X, has revealed the top ten cryptocurrencies that make up his cryptocurrency investment portfolio.

In a recent post on X, Rietveld revealed the top crypto assets he holds in anticipation of the rapidly approaching bull market. These assets range from some of the most valuable crypto assets on the market to less valuable tokens. Specifically, they include XRP, RNDR, Hedera (HBAR), Bitcoin and Stellar (XLM).

Notably, Rietveld did not provide a specific factor that influenced his selection of these assets. However, it can be inferred that the current and historical performance of these assets, along with their distinctive contribution to the blockchain ecosystem, played a role in its selection.

Bitcoin and XRP

Interestingly, among the ten most valuable crypto assets on the market, only Bitcoin and XRP made it to Rietveld’s top holdings. Particularly overlooked options include BNB, Solana (SOL), Toncoin (TON), Dogecoin (DOGE)and Cardano (ADA).

Performance-wise, Bitcoin is up nearly 50% year to date despite the two-month bear market. As the leading cryptocurrency now recognized as equivalent to digital gold, BTC is expected to have a place in Rietveld’s investment portfolio.

Unlike Bitcoin, XRP is down 17.59% since the start of 2024. XRP struggles with cumulative negative growth on the 30-day, 60-day, and three-month time frames. Other assets such as SOL and TON, which are not among Rietveld’s main holdings, hold more commendable price performance records.

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In essence, Rietveld’s inclusion of XRP, despite the lack of recent earningssuggests a preview of future bullish trends for the asset.

ICP, HBAR, RNDR, XLM, KAS

Internet Computers (ICP), RNDR, HBARXLM and KAS are the next set of billion-dollar crypto projects on the list of crypto wealth mentors.

ICP stands out with a valuation exceeding $5.5 billion, placing it in 20th place in the market capitalization ranking. The asset has been an early favorite in the current bull market, maintaining an impressive 131% increase in its annual gains.

Likewise, RNDR has been a top performing resource in the last seven months. This asset drove a surge in the last quarter of 2023 and the first quarter of 2024, mainly because interest in AI-focused crypto projects like Render increased. At its current value of $11.31, RNDR holds gains of over 517% in its one-year trajectory.

Likewise, Kaspa (KAS) it maintained a comparable growth of 484% over last year with its price at $0.1176. Additionally, HBAR boasts a 113% gain over the past year despite the market-wide decline. In this group, XLM pales in comparison to the more modest 18% growth from 2023.

Other featured cryptocurrencies

Other tokens, such as Flare (FLR), FIRE, and MYRIA, that made the list are lower-ranking crypto projects with valuations of $1 billion or less. These assets, with the exception of MYRIA, showed disappointing performance compared to last year.

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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