Morgan Creek Digital crypto hedge fund managing partner and Bitcoin (BTC) bull Mark Yusko is naming the layer-1 altcoins he sees coming out on top.
In a new YouTube interview with Altcoin Daily host Austin Arnold, Yusko says the layer-1 blockchain projects that are the strongest out of the pack are Ethereum (ETH)-rivals Avalanche (AVAX) and Polkadot (DOT).
Yusko also applauds Cosmos (ATOM) when it comes to use-case possibilities and accuracy.
“I probably lean toward Avalanche. I like them. Polkadot and Cosmos, I think you can make really good cases of why they could be winners.”
At time of writing, Avalanche is swapping hands at $13.20, Polkadot at $5.44 and Cosmos at $10.49.
Yusko then names Solana (SOL) as a solid project with flaws.
“We made and lost a lot of money in Solana. I still think there’s something there. I struggle with the one thing about Solana, well there are two things. One, it tends to go out, which I don’t like. And two, it’s not 100% accurate. So there are certain use cases that you just can’t use. You know, if I’m rendering a game and it’s got a little glitch, I don’t really care… If I got an NFT [non-fungible token] that doesn’t render perfectly at first, okay, no problem. But if I’m doing accounting, I got to have 100%. Not 99.999%. I need 100%.”
At time of writing, Solana is trading hands at $14.02.
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Source: https://dailyhodl.com/2022/12/01/two-ethereum-competitors-are-set-to-outperform-crypto-markets-according-to-bitcoin-bull-mark-yusko/