In his recent analysis of altcoins, cryptocurrency expert Matthew Perry shares his top picks for the remainder of 2024 and heading into 2025. He emphasizes the importance of a well-rounded portfolio, with coins that have both growth potential and long-term viability. Perry believes in holding assets with staying power rather than chasing quick gains.
Perry’s top choice is XRP, the native token of Ripple. He is bullish on its potential impact on the crypto market and traditional banking systems. With 80,000 XRP in his own holdings, Perry sees the ongoing legal battle with the SEC as a significant factor in XRP’s future trajectory.
Another promising altcoin on Perry’s list is Crypto.com Coin (CRO), a utility token with strong growth prospects. Perry holds a considerable position of 264,000 CROs across various platforms, betting on its potential to reach $1 to $3 per token.
Perry also has a million tokens of JASM Coin in his portfolio, believing in its role in the emerging fields of AI and the metaverse. He anticipates significant gains as the project gains traction.
In addition, Perry includes Litecoin (LTC) in his portfolio, citing its longevity and potential for significant appreciation. With $7,000 worth of LTC, he envisions it reaching new heights in the next bull run. Other noteworthy mentions in Perry’s portfolio are Solana (SOL), Avalanche (AVAX), and Cardano (ADA), all chosen for their utility and potential for long-term growth.
Perry’s portfolio strategy is clear: invest in projects with strong fundamentals, utility, and the potential for sustained growth. While quick gains may be appealing, Perry prefers a more strategic approach, focusing on assets with staying power in the ever-changing crypto landscape.