Daniel Yan, founder of Kryptanium Capital: The decline of altcoins is too large, and the market outlook in 2024 is optimistic
According to WuSaid, Daniel Yan, founder of Kryptanium Capital, believes that the decline of BTC and ETH in April is fair and reasonable, but the decline of altcoins is too large. He said that the Solana category, AI category, and Memes category are his top investment choices, and they are expected to outperform Bitcoin in May. Overall, he believes that the very optimistic thesis for 2024 has not been challenged at all, but the crash in April is a good lesson for all market participants. He predicts that the market should behave more calmly from now until May 15, and the US CPI data on that day will determine the direction of the second half of the month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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