In addition to Bitcoin (BTC) and Ethereum (ETH), a prominent crypto strategist known as The Flow Horse, or Cantering Clark, has expressed bullishness towards three other projects. The strategist has a follower count of 181,700 on X, a popular social media platform.
One of the projects The Flow Horse is bullish on is Solana (SOL), seen as a competitor to Ethereum. The strategist believes that SOL has significant upside potential and could be going through a similar early cycle as ETH did before it soared to four-figure prices. The Flow Horse has compared the price action of Solana to the early days of ETH and predicts that SOL could potentially reach all-time highs by late 2024.
At the time of writing, Solana is trading for $21.28, indicating a 3.6% increase in the last 24 hours.
Another project that The Flow Horse is bullish on is the yet-to-be-launched utility token of Phemex, a crypto derivatives exchange platform. The strategist points to the strong performances of other exchange tokens as supporting evidence for his bullish thesis on the upcoming altcoin. Phemex is expected to release its token this quarter, and The Flow Horse is optimistic about its potential based on the success of similar tokens in the market.
Related Post
The third project mentioned by The Flow Horse is Rollbit’s native token, RLB. The strategist states that, apart from Bitcoin and Ethereum, he is only bullish on new projects yet to come to market, with Rollbit token being an exception. Rollbit is a crypto gambling platform, and The Flow Horse sees potential in its native token.
At the time of writing, Rollbit token is trading for $0.19, reflecting a 7.8% increase in the last 24 hours.
It is important to note that The Daily Hodl does not provide investment advice, and investors should conduct their own research before making high-risk investments in cryptocurrencies. The Daily Hodl also does not recommend buying or selling any cryptocurrencies or digital assets, and participation in affiliate marketing should be acknowledged.
In conclusion, besides Bitcoin and Ethereum, The Flow Horse is bullish on three other projects: Solana, Phemex’s utility token, and Rollbit’s native token. The strategist sees potential in these projects based on their price action and the success of similar tokens in the market. However, it is essential for investors to exercise caution and conduct thorough research before making any investment decisions.
