Crypto Expert’s Picks: 5 Cryptos To Buy, HODL, Or Sell Now
Steven Ehrlich, Forbes' Director of Digital Asset Research, has shared his insights on five major cryptocurrencies in the current market landscape. Bitcoin has surged by 120% in 2023 and is expected to benefit further from an anticipated spot ETF and halving event. Ethereum's growth has been modest at 65%, with concern around regulatory uncertainty in the US and underwhelming growth in key metrics. Solana has distinguished itself with a 313% gain and impressive transaction processing capabilities. Binance coin (BNB), despite an initial peak value, is facing uncertainties due to changes in leadership and potential loss of traders, prompting a recommendation to sell. Lastly, NFT marketplace Blur shows potential, though investors are cautioned about the risk of market flooding from token airdrops. Ehrlich underscores that these crypto-assets' performance will depend on future developments.
