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Renowned CEO Identifies Strong Potential in Altcoin Besides Bitcoin and Ethereum

May 8, 2024

CEO Dadi Kristjansson from Viska Digital recently discussed the cryptocurrency market's current state with Coinbase International. During the conversation, Kristjansson highlighted a positive trend for Ethereum (ETH), Bitcoin (BTC), and Solana (SOL) when compared to the US dollar.

Kristjansson expressed optimism about Solana's future, believing that its flexibility, speed, and cost efficiency will attract more investment. He also mentioned the low inflation rate of Ethereum and suggested that an eventual approval of an ETH ETF could be undervalued by the market.

Viska Digital's trading desk considers $60,000 a crucial support level for Bitcoin after its recent price surge. They speculate that Bitcoin could reach a new all-time high if it surpasses $67,000. Additionally, ETFs have seen net inflows following dovish statements from the Fed, with Grayscale experiencing increased daily entries after transitioning to an ETF format.

*Please note that this information is not intended as investment advice.

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