Crypto Analyst Dumps 24 Altcoins Amid Market Uncertainty – Here’s the List

The post Crypto Analyst Dumps 24 Altcoins Amid Market Uncertainty – Here’s the List appeared first on Coinpedia Fintech News

The cryptocurrency market could be in for a rough ride, according to well-known analyst VirtualBacon. In a recent social media post, he revealed that he has slashed his crypto portfolio by nearly half. His reason? Concerns over the U.S. Federal Reserve’s continued liquidity tightening, which he believes could create short-term turbulence in the market.

But despite scaling back, VirtualBacon isn’t turning bearish. In fact, he still believes certain cryptos will weather the storm – and he’s holding onto them for the long haul. So, which coins made the cut? And what’s his strategy for navigating the uncertainty ahead?

Let’s break it down.

Why VirtualBacon Is Reducing His Holdings

VirtualBacon believes that the Federal Reserve’s current policies could create uncertainty in the crypto market. To manage risk, he has sold 24 of the 36 altcoins in his $100K portfolio. However, he emphasizes that this move is temporary and does not mean he has lost confidence in the market’s future.

What Crypto Is He Keeping?

Despite trimming his holdings, VirtualBacon continues to hold a select group of cryptocurrencies that he believes will withstand the market downturn. His current portfolio breakdown includes:

• Bitcoin (BTC): 30%
• Ethereum (ETH): 25%
• Solana (SOL): 28%
• Stablecoins: Less than 4%

He now holds only 12 altcoins, each making up less than 2.5% of his portfolio.

Avoiding High-Risk Tokens

VirtualBacon prefers a low-risk approach and avoids newly launched or low-market-cap cryptocurrencies. Among the altcoins he still holds, he highlights:

• Gaming tokens: SUPER and BEAM
• AI tokens: NEAR and TAO
• RAW token: AXL
• DeFi token: AMPL
• Utility token: BORG
• Meme coin: PEPE , his most trusted pick in this category

A Market Recovery Depends on Global Liquidity

While he remains cautious for now, VirtualBacon believes the crypto market will rebound once global liquidity improves. Until then, he advises investors to play it safe by avoiding risky, low-cap, or overhyped projects.

For now, his strategy reflects a broader trend of caution among investors, as they wait for better market conditions before making bold moves.

The crypto market never sleeps, but sometimes, even the smartest investors know when to take a step back.

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