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The price of Bitcoin has impressively risen, but the real significant gains are expected in altcoins, which remain calm for now. While BTC continues to fluctuate between $64,000 and $59,200, it is difficult for altcoins to start their movements within this wide range. However, Brian suggests that this could start soon. So, which altcoins will ignite their rockets with the BTC rally?
Which Altcoins Will Rise?
Some altcoins have achieved gains of around 30% today, but the anticipated movement has not yet begun. Everyone is focused on which altcoins will start the rally. Brian Kelly, the CEO of hedge fund BKCM, provided answers to this question in his recent appearance.
Brian Kelly’s top altcoins to potentially buy after selling Bitcoin and Ethereum include Solana. Its price rapidly exceeding $20 today shows why the targets of $170 and $200 discussed for weeks are not impossible. Moreover, its ability to consistently outperform is significant.
Its solid technological foundation and practical applications make it more attractive to investors seeking growth beyond the market leaders. Kelly stated the following to CNBC:
“I am actually moving from Bitcoin and Ethereum to Solana.”
Chainlink (LINK) and Polkadot (DOT)
Chainlink will provide proof of reserve for the ARKB Bitcoin ETF, and the ETF issuer’s choice of Chainlink sends a significant message. I have been talking about the possibility of significant movement in the LINK Coin camp for months due to its pioneering role in the RWA space and partnerships like Swift. If the LINK Coin staking pool expands this year and we see more announcements regarding strategic partnerships, reaching an all-time high may not be impossible.
Brian Kelly also believes that in addition to Solana, it makes sense to transition to alternatives like LINK and DOT Coin. While the growth space for BTC and ETH may be limited, these lower market cap but promising altcoins could bring significant returns.
According to The Motley Fool, Polkadot’s focus on interoperability and its critical role in the Web3 infrastructure means its potential will be understood over time. Of course, the price of DOT, LINK, or SOL Coin could drop to zero at any point, even tomorrow. The Terra incident is a lesson that crypto investors should never forget, and the risk in crypto is always high.
