Cardano

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The controversial blogger and former host of the Bitboy Crypto YouTube channel has named seven cryptocurrencies in which, according to him, investments will never be a mistake. Ben Armstrong listed BTC, ETH, SOL, XRP, SUI, PYTH, and ONDO. The reasons supporting his unwavering confidence in these crypto assets are as follows. 
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The first cryptocurrency, according to the blogger, cannot be a loser with a market capitalization exceeding $1.39 trillion. Bitcoin accounts for more than half of the total cryptocurrency market capitalization. Additionally, more institutional investors are putting money into Bitcoin or indirectly buying it through cryptocurrency exchange-traded funds (ETFs). 
As for Ethereum, Armstrong called it the ‘digital silver’ and the closest competitor to Bitcoin as ‘digital gold’. The crypto enthusiast speculated that ETH will maintain its attractiveness, as investors hope for the introduction of spot ETFs for Ether in the United States. 
Armstrong’s confidence in SOL is based on its growing recognition thanks to the launch of several successful meme coins on the Solana blockchain. 
Armstrong’s argument for XRP stems from the hope that the legal dispute between the coin’s issuer, Ripple, and the U.S. Securities and Exchange Commission (SEC) is nearing conclusion. Additionally, the potential initial public offering (IPO) of Ripple will also positively impact XRP’s price, according to the blogger. 
Armstrong also included SUI in his list, calling its blockchain efficient. Furthermore, the crypto enthusiast highlighted the projects Pyth Network (PYTH) and Ondo Finance (ONDO), which are focused on tokenizing real-world assets. 
Recently, Bitboy referred to the Cardano blockchain as a dying project. The blogger speculated that the lack of capital from institutional investors could be the reason for Cardano’s low efficiency.

Ben Armstrong named the seven best cryptocurrencies for investments

Blocksays

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