- Onchain Capital founder, Ran Neuner, reveals his investment in three altcoins.
- The coins in focus are Solana (SOL), Arweave (AR), and Toncoin (TON).
- Neuner criticizes Hedera (HBAR), XRP, and Cardano (ADA) while highlighting these three projects.
Ran Neuner, the founder of Onchain Capital, reveals his investments in Solana, Arweave, and Toncoin, while criticizing other popular altcoins.
Neuner’s Crypto Investments Revealed
Ran Neuner, the founder of Onchain Capital, recently disclosed his investments in three altcoins on his social media account. The coins in focus are Solana (SOL), Arweave (AR), and Toncoin (TON). Neuner’s revelation has sparked interest among crypto enthusiasts and investors, given his reputation in the crypto space.
Why Solana, Arweave, and Toncoin?
Neuner’s choice of investments is intriguing. Solana, with its low transaction fees and high transaction speed, has emerged as a strong competitor to Ethereum. This year, it has gained prominence with meme coins. According to CoinGecko data, SOL has provided more than six times return within a year.
Arweave, a data storage protocol, has similarly gained six times its value in a year.
Toncoin, developed by Telegram, has appreciated by 290% in the same period. Investment firm Pantera Capital had previously announced that TON was its largest investment.
Criticism of Other Altcoins
While highlighting these three projects, Neuner made negative comments about Hedera (HBAR), XRP, and Cardano (ADA). His criticism of these popular altcoins has stirred discussions among crypto communities. However, the reasons behind his negative outlook on these coins remain unclear.
Conclusion
Neuner’s disclosure of his investments in Solana, Arweave, and Toncoin, and his criticism of Hedera, XRP, and Cardano, provide valuable insights into his investment strategy. It also underscores the dynamic and diverse nature of the crypto market, where different coins offer varying potentials for returns. As always, investors should conduct thorough research and consider multiple factors before making investment decisions in the volatile crypto market.
