Bitcoin (BTC) bull Mark Yusko, managing partner of Morgan Creek Digital’s cryptocurrency hedge fund, names the layer 1 altcoins he sees.
In a new YouTube interview with Altcoin Daily host Austin Arnold, Yusko said: To tell The most powerful Layer 1 blockchain projects in the pack are Ethereum (ETH) rivals Avalanche (AVAX) and Polkadot (DOT).
Yusko also praises Cosmos (ATOM) for its use case possibilities and accuracy.
“I’m probably leaning toward Avalanche. I like them. Polkadot and Cosmos, I think they make a really good example of why they can be winners.”
At the time of writing, Avalanche is trading at $13.20, Polkadot at $5.44 and Cosmos at $10.49.
Yusko next cites Solana (SOL) as a solid project with flaws.
We have made and lost a lot of money on Solana. It tends to go out and I don’t like it.The second thing is that it’s not 100% accurate.So there are certain use cases where it can’t be used.You’re rendering a game and even if there are some glitches , don’t really care… if you have NFT [non-fungible token] It doesn’t render completely the first time, but that’s okay. But if you’re doing accounting, you have to be 100%. Not 99.999%. 100% required.
As of this writing, Solana is trading at $14.02.
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