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Home»Altcoins»Top Altcoins to Buy This Year
Altcoins

Top Altcoins to Buy This Year

2025-01-10No Comments4 Mins Read
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This article is available in Spanish.

In an interview with popular cryptocurrency-focused YouTube channel Altcoin Daily, veteran financier and SkyBridge Capital founder Anthony Scaramucci revealed which altcoins to buy and hold in 2025. Scaramucci, a former White House communications director and longtime Wall Street professional, as long as his insights on various crypto assets – starting with his bullish stance on Ethereum (ETH) and expanding to a range of altcoins that he believes will play a central role in shaping the future of decentralized technology.

Ethereum: the long-term crypto winner

Scaramucci started by identifying Ethereum as one of his top picks for the coming years. According to him, the market perception of Ethereum has undergone cyclical changes, which he likened to trends that “go in and out of fashion.” Reflecting on his decades of experience in traditional finance, Scaramucci explained:

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“When I came into the industry, biotech stocks were popular, then it moved to insurance stocks, and then it was the world of alternative investing in hedge funds. […] We go through waves and cycles of what is in and out of fashion. And so strangely, Ethereum is a bit out of fashion, which surprises me because it has such great applications and is muscular. […] and it has dominance. So I really believe Ethereum is a winner, and I think it is a long-term winner.”

The billionaire investor underlined Ethereum’s robust ecosystem, highlighting its broad utility and established track record. His view is that while newer chains can offer speed and lower costs, Ethereum still holds a crucial position as the smart contract platform of choice for countless decentralized applications (dApps) and protocols.

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Solana (SOL)

After reaffirming his confidence in Ethereum, Scaramucci turned his attention to Solana (SOL), praising its performance and cost-effectiveness: “I think Solana is cheaper and faster, and now that network handles a lot of volume. It’s got a good cross-section of different things going on […] We are a lot of Solana for a long time. I will go on full disclosure and tell you.”

Polkadot (DOT)

Continuing his research into promising altcoins, Scaramucci mentioned Polkadot (DOT) for its potential in Web3 and gaming: “I own Polkadot. I love what Polkadot can do in the gaming industry, and I’m still a big believer in Web3 gaming happening […] There will be some kind of renaissance there.”

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He drew an analogy between today’s early-stage Web3 environment and the era of VHS tapes and Blockbuster Video. While it may be difficult to visualize the full potential of blockchain-based gaming experiences at this time, Scaramucci believes Polkadot’s interoperability-focused platform could play an important role in powering immersive digital ecosystems that are just over the horizon lie.

Avalanche (AVAX)

Scaramucci didn’t stop there and briefly touched on Avalanche (AVAX) as another network he believes will perform well in the broader crypto market. While he provided fewer specifics, his support points to Avalanche’s known strengths: scalability, quick finality, and a growing number of decentralized finance (DeFi) projects. “I think Avalanche will do well,” he said.

Algorand (ALGO)

Scaramucci turned to Algorand and shared insights from his personal holdings in the property, which he has managed for four years. Despite the management shifts on the platform, he remains optimistic: “I think [Algorand] lost a step when they made some management changes, but there’s a guy there by the name of John Wood […] I think he’s a very, very, very smart guy, and he’s putting some stuff together there, and I think it’s underrated.

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Sui and Aptos

Rounding out his altcoin picks, Scaramucci also mentioned Sui (SUI) and Aptos (APT) as projects with solid long-term prospects: “Sui and Aptos – I believe in that in the long term too. I don’t think there will be one chain.”

Ultimately, Scaramucci illustrated his broader stance on the crypto asset landscape, underscoring Bitcoin as the undisputed market leader, but at the same time emphasizing that alternative blockchains will also play a crucial role: “Bitcoin is the Pope, but there is a college of cardinals… that will be very helpful in terms of what their applications are and what their networks will ultimately become over the next five to fifteen years.”

At the time of writing, ETH was trading at $3,319.

Ethereum price
Ethereum price, 1 week chart | Source: ETHUSDT on TradingView.com

Featured image from YouTube, chart from TradingView.com

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