New cryptocurrency investors should stick to proven assets and several big meme coins, according to a prominent trader on social media.
What Happened: If you’re building a crypto portfolio from scratch, Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and Hyperliquid (CRYPTO: HYPE) are “must-haves,” said Altcoin Sherpa, a widely-followed trader on Tuesday on X.
Meme coins like TRUMP (CRYPTO: TRUMP), Dogecoin (CRYPTO: DOGE) and Fartcoin (CRYPTO: FARTCOIN) could also be worth considering, the trader further noted.
Sherpa added he doesn’t see many alternatives worth holding in the current market climate.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Bitcoin (CRYPTO: BTC) | $102,325.30 | $2 trillion | +2.5% | -2.7% |
| Solana (CRYPTO: SOL) | $235.08 | $114.4 billion | +2.1% | -3.9% |
| Hyperliquid (CRYPTO: HYPE) | $23.48 | $7.8 billion | +10% | -2.5% |
| OFFICIAL TRUMP (CRYPTO: TRUMP) | $29.31 | $5.9 billion | +7.9% | -25.9% |
| Dogecoin (CRYPTO: DOGE) | $0.3303 | $48.8 billion | +1.9% | -13% |
| Fartcoin (CRYPTO: FARTCOIN) | $0.9085 | $908.5 million | -4.8% | -49.2% |
Trader Notes: Sherpa teased an important upcoming level for Bitcoin in a recent tweet, alluding to the $105,000 level as pivotal for Bitcoin.
Bluntz Capital noted Solana's pullback has created a new structure and predicts Solana is now primed for a new all-time highs.
Femto XBT highlighted HYPE as a standout token due to its strong fundamentals, driven by its role as a decentralized exchange (DEX) token.
Key drivers include airdrops for staking rewards, daily buybacks and its position as a high-performance chain token in this bull run.
His recommended buy levels are at $20, $15 and $11.
Cold Blooded Shiller sees bullish potential for TRUMP, noting a divergence forming just below the $32 resistance.
A reclaim of $32 could mark a more sustained bottom for the meme coin.
Meanwhile, trader Hoeem shared that while he’s accumulating today, he distributed heavily last week.
Ongoing whale accumulation is adding optimism to Dogecoin's outlook.
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