CNBC’s Ran Neuner has recently laid out his latest crypto picks, which, as he wrote in his post, is “buy“.
CNBC’s Ran Neuner has recently laid out his latest crypto picks, which, as he wrote in his post, is “buy“.
Neuner’s choices explained
Neuner most likely chose Solana for its great potential in the DeFi sector and its huge meme scene, which adds cultural influence to its technical progress. Solana is known for its fast and cost-effective operations, making it a good choice for building scalable applications, especially when the network does not go down.
Arweave: Arweave stands out as a decentralized storage network that aims to provide perpetual data storage. Arweave, which bills itself as a “crowd-owned hard drive that never forgets,” supports the permaweb, a permanent web that makes it easy to build decentralized applications. This technology not only ensures that data remains accessible regardless of the state of the original host, but also supports data integrity over time, a critical feature in today’s digital age.
TON: Neuner’s interest in TON is likely driven by its integration with Telegram, one of the largest messaging platforms in the world. TON is deeply integrated into the Telegram fabric through several features such as a native wallet, trading bots, and other integrated services, making it a surprisingly solid pick with one of the largest ecosystems behind it.
“Anti-picks”
While Neuner leans toward SOL, AR, and TON, he sees contrasting preferences among Crypto Twitter users, such as HBAR, ADA, and XRP. We can point to the lackluster performance of XRP, which can be viewed negatively due to its -12% growth rate in what should be a bull market. Despite ADA’s strong fundamentals and positive performance in 2024, it remains less favored in your portfolio. He hasn’t revealed why, and his criticism of the ADA obviously quickly attracted ADA advocates in the comments.
