Top crypto trader and market analyst Cantering Clark have told followers his favorite altcoins to outperform bitcoin in the coming weeks.
Speaking in a recent YouTube update, Clark said he was bullish on the decentralized finance (DeFi) platform Shroom.Finance. The platform provides an ecosystem for non-fungible token (NFT) creation and trading.
The popular trader explained to the live stream that he was taking a “completely different approach” to SHROOM compared to other investments, including devoting a disproportionate amount of funds to the project. He said he considered the move a “punt” and noted he was looking long-term on the charts.
Clark told followers: “I have a substantial amount of money in [SHROOM]. But I’m taking an outsized bet. I’m not going to monitor it on the low time frames – [that] doesn’t make sense. I am really betting heavily on it being over a dollar. At least.”
In addition to SHROOM, Clark predicted ethereum, polkadot, aave, uniswap, avalanche and solana would all outperform bitcoin. However, he also warned followers of the higher risk of investing in altcoins compared to BTC.