My friend has a unique perspective on cryptocurrency investments,
He personally allocates up to 90% of his funds in cryptocurrencies to SOL.
His reasoning is: despite the price fluctuations of SOL, it has shown remarkable resilience.
SOL has an active community, excellent user experience, outstanding technology, and the ability to issue NFTs at low on-chain costs and fast transaction speeds.
Its explosive Meme is also a significant breakthrough for SOL in terms of on-chain usage, and the ecosystem is accelerating its development, much like ETH in the previous cycle. Therefore, he believes SOL is in a low-risk zone and is a good place to invest substantial funds.
Besides SOL, he is also very optimistic about SUI and DOGE.
He chooses SUI mainly because it is innovative in terms of technology and has shown superiority in market performance compared to other major cryptocurrencies (like SOL and ETH). Particularly, SUI's price performance has been more outstanding compared to the overall performance of other cryptocurrencies, giving him confidence that SUI could be a “rookie.”
He chooses DOGE because he values its strong cultural identity and international recognition, which include broad community support. Among these, Musk’s support for DOGE is a significant factor. Musk has the ability to promote the development of DOGE through his social media influence and actions. Additionally, based on DOGE's trading charts and historical performance, it experiences significant price fluctuations every four years. This periodic performance has also become an important basis for his investment decisions. In his view, DOGE is like the SOL of Memes, possessing huge investment potential.
Recently, the potential Ether chain coin Musk's Big Dog 𝙋𝙪𝙥𝙥𝙞𝙚𝙨 has been gaining attention, and interested friends may continue to follow it.
