Top Analyst Says He’s All In on Ethereum and These Nascent Crypto Assets

A widely-followed crypto trader and analyst says he’s going all-in on Ethereum plus three other altcoins within an emerging crypto subsector.

In a new tweet, the trader who goes by Smart Contracter tells his 142,400 followers that he doesn’t even own Bitcoin currently, as he only focuses on Ethereum and decentralized finance (DeFi) assets.

The Daily HodlTop Analyst Says He’s All In on Ethereum and These Nascent Crypto AssetsDaily Hodl Staff May 19, 2021A widely-followed crypto trader and analyst says he’s going all-in on Ethereum plus three other altcoins within an emerging crypto subsector.In a new tweet, the trader who goes by Smart Contracter tells his 142,400 followers that he doesn’t even own Bitcoin currently, as he only focuses on Ethereum and decentralized finance (DeFi) assets.ADVERTISEMENT Leading the charge in the DeFi space is money market protocol Aave, according to Smart Contracter. The trader adds that with Aave printing a new all-time high (ATH), more DeFi coins will take that as a signal to blast off as well.“This AAVE ATH is significant for two reasons. Firstly, its paving the way for the rest of the DeFi sector, and secondly, an ATH break after three months of consolidation is going to be a significant markup.We could be talking upwards of $2,000.”

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