Mark Yusko, head of the investment department at Morgan Creek Capital, reveals the five altcoins he is betting on before 2025. In a new interview with the Altcoin Daily YouTube channel, Yusko mentions Solana and Cardano, two established names.
What should you buy according to Mark Yusko?
“I’ve become quite a follower of Solana, I just have to say that. The guys there managed to convince me, and luckily we didn’t sell our stock. It has now gone from $13 to $240 per token, so that’s pretty good,” said Yusko.
If Yusko had money he was “allowed” to lose, he would bet on Cardano, XRP and HBAR. According to him, there are firms in the traditional financial world that will eventually adopt these assets so as not to fall further behind.
Why? Because he sees positive things within the new American administration. He envisions a world in which traditional parties give in and say, “Okay, fine, we’ll use XRP or we’ll use some of that Hedera and we’ll do something with crypto.”
Yusko is also positive about Dogecoin
Finally, Yusko decides to talk about Dogecoin. According to him, not owning Dogecoin is, as it were, a gamble “against” Elon Musk.
“Don’t try to go against Elon Musk. Of course, DOGE is the dumbest thing in the world. And I also thought it was stupid from the market value of $0 to $60 billion, so in that respect I was the stupid one,” said Mark Yusko.
For the time being, he seems to be betting on the biggest bull run in crypto history. In terms of returns, it will be difficult to achieve this, because we have to go back a little further in time.
Since then, the market has grown enormously and very large amounts of money are needed to match those bull runs. In terms of returns, of course, because in terms of absolute dollars you can now almost speak of the largest bull market ever.
Bitcoin, for example, rose $26,400 in November, recording its best month in history.
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Source: https://newsbit.nl/mark-yusko-zet-in-op-deze-5-altcoins-voor-2025/