My Altcoin portfolio and prospects for the fast-approaching Bull Run.
If you have been reading my articles, it is no secret that I have gone from bullish to ultra-bullish over the last few months. The setup in crypto is quickly becoming one of the best in its short history. It is my belief we have completed the transition from accumulation phase to the early stages of the bull run, with the final shift being marked by the fake ETF approval news released a few weeks ago.
We now sit on the precipice of what may well prove the be last truly parabolic bull run, and if my calculations are correct, it may be the biggest one yet. The perfect storm of crypto catalysts and macro shifts is building, and still the bear market PTSD is keeping record cash on the sidelines.
The de-coupling of crypto and tradeFi is happening before our eyes, the perfect storm continues to build, and still we have a overwhelming (though decreasing) majority holding out for lower prices.
The boat is leaving, the TradeFi island is burning, and everyone is waiting for better seats. When they realize the boat is gone, they will jump face first into anything that floats, and buy back into crypto at prices many multiples of what they are now.

My Investment Thesis:

My overarching these is that we are already in the early stages of the bull run, often referred to as the “disbelief” phase. Ellio Trades and Miles Deutscher put together a phenomenal chart that illustrates exactly where we are in the cycle, and the correlation of the BTC chart to the market cycles chart is uncanny.
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My approach is built on a few simple well researched assumptions.

1. The next bull run is already in its early stages, and will ramp up in Q1/Q2 2024 as the halving approaches, and fizzle out in Q3/Q4 2025.
2. Major themes in the next bull run will likely include Gaming, Wallets, all-in-one DEX’s, high quality launchpads, and some as yet unknown narrative we have not even considered.
3. Main goal is to buy and hold undervalued, high conviction plays within these narratives. I am not a trader.
4. Break portfolio into 3 main categories. Adjust according to your risk profile. This will change naturally as prices move, likely skewing towards alts more in the bull, and ideally more to wealth protection at the tail end of the bull.

• Speculative Alts (1/3rd)
• Blue Chip Alts (1/3rd)
• Wealth/Profit Protection (1/3rd)

My Current Altcoin Portfolio for 30–50X Returns

(May ’23 update here for a refresher)
For clarity, this is a highlight reel of my current portfolio and includes the majority of my holdings as of November 2023, but does omit some smaller holdings and some of the presale and seed tokens I am holding that are still too early to properly evaluate. I have broken my holdings into three main parts: Blue Chip Alts, Speculative Alts, and Hot Prospects. Keep in mind I also hold BTC and ETH as the 1/3rd wealth protection portion of my portfolio.
Let’s get to it.

BLUE CHIP ALTCOINS:

BlueChip Crypto Gallery

• Chainlink — $LINK [Initial Call: $6.50, Current: $11.22 (+72%), M/C $6.2B]

Chainlink is the premier crypto infrastructure coin. With the implementation of CCIP this year, $LINK has cemented itself as the go-to oracle and cross chain solution. The main issue with $LINK in the past was the token value accrual mechanism, which has been improved substantially with Chainlink 2.0. With the new cross chain CCIP, improved tokenomics, and substantial partnerships, $LINK is primed for huge gains. (Expectation increased, target $130–150)

• Polygon — $MATIC [Initial Call: $0.87, Current: $0.63 (- 27%), M/C $5.8B]

Matic/Polygon is way oversold in the last few months. Look for a bounce, particularly with the coming rebrand to the $POL token and implementation of a full L2 tech stack that will see the $POL token as the gas and governance token for multiple L2s. Given the drop, the risk/reward has improved an my target remains unchanged. Great time to accumulate, and I have added to my bags recently. (Expectation $12–$15)

• Solana — $SOL [Initial Call: $20.39, Current: $43 (+110%), M/C $15B]

Solana has shown serious resilience in overcoming the FTX/Alameda debacle, and is bouncing back while growing daily active users and TVL of late. The Firestorm upgrade is a huge tech improvement, and could scale Solana significantly. The Breakpoint conference this week has brought a whole new set of fresh eyes to Solana, but look for a short term pullback as interest cools down, followed by a continuation of the massive runup I expect this cycle (Expectation unchanged at $650-$800)

• Fantom — $FTM [$0.37, Current $0.24 (-35%), M/C $700M]

Fantom was the unfortunate victim of the Multichain Bridge hack earlier this year, which lead to a massive reduction in the TVL and the collapse of several of the better dApps on the protocol. The tech continues to develop at the hands of one of the best programmers/developers in the space in Andre Cronje. Now that the hack is behind them (and funds recovery is on the horizon), and FTM have integrated Layer Zero and Axelar for much more secure bridge integrations, $FTM is poised for a solid recovery. I reduced my position at the time of the hack, but will look to re-accumulate on pullbacks. (Expectation$7– $8)

• Immutable X — $IMX ($0.76, Current $0.67 (-12%), M/C $820M)

Still one of the best infrastructure plays for gaming and GameFi. They have added a multitude of big partnerships, and their zkEVM is fast approaching its launch date. Despite some large token unlocks, the price has held up well. The team have also committed to relocking team and treasury tokens for a lengthy period, and sell pressure is now significantly reduced. This one has huge potential this bull run and is one of my higher conviction plays. (Expectation $15–$17) Deep dive here.

• $DOT ($4.60) and $ATOM( $7.66)

I have reduced my ATOM position by 50% in favour of other coins like SOL and MATIC. Despite the traction in the Cosmos ecosystem, the token continues to show very poor value accrual.
DOT is approaching the Crowdloan unlocks from the tail end of the previous bull run, which may lead to some sell pressure. I still cannot understand how DOT has one of the highest developer counts out there and yet only minimal dApps actually being used. That said, DOT 2.0 has some very interesting changes, and the Substrate programming language still seems to be a favourite of developers (if not so much users). The biggest hurdle remains a need for better UIs and more dApps and adoption. I am currently monitoring DOT and may reduce my exposure in favour of some newer Atlcoins pending the impact of Polkadot 2.0.

SPECULATIVE ALTCOINS:

• Radix [$XRD — Initial: $0.07, Current $0.04 (-42%), $420M M/C] and Near [$NEAR — Initial: $1.67, Current $1.47 (-12%) $1.4B M/C]: Both $NEAR and $XRD have seriously impressive tech stacks, but are very early stage and lack the adoption needed for huge price runs. That said, Radix took a big run-up earlier in the year on excitement over release of their Babylon upgrade. With Babylon, their tech stack is ready to roll and is missing only marketing and some user traction. $NEAR is having its conference next week following the Breakpoint Solana conference, and there is likely to be some hype and rotation of capital in the coming weeks. I am continuing to hold both and have added slightly to my NEAR bags in recent weeks (Expectation 25–30X)
• PancakeSwap ($CAKE $1.83, Current; $1.60 ( -12%), $360M M/C): CAKE is still one of the most undervalued DEX’s out there, but has suffered from the Binance FUD that seems to be almost a background noise at this point. With the new tokenomics, a burn mechanism, and a revenue share, $CAKE has huge bull run potential. (Expectation 40–45X)
• TrustSwap ($SWAP Initial: $0.23, Current: $0.11 (-52%) $23M M/C): Trustswap underwent a bit of a debacle with the departure of their well known CEO Jeff Kirdeikis. Unfortunately, it appears he was acting in poor faith and caused the company some marketing and transition backlash in the community. That said, he was let go and a new high profile CEO was hired as a replacement. The token itself suffered as a result of the ex-CEO’s sale of his personal tokens and a lack of direction. Most of the value I expect will be from sales which continue to do fairly well. (Expectation yield/sales: 20–25x, Token 20X (reduced from 40–45X), Total 40–45X). Deep dive here.
• XBorg (Token TBD, Genesis Prometheus NFT Initial Floor: 0.9 ETH, Current Floor 1 ETH): THE best GameFi infrastructure project out there, with a very low market cap and some unbelievable partnerships. Their innovative Initial Team Offering are expected late Q4 or early Q1 and will be a monster catalyst as they have partnerships with loads of Tier 1 and 2 Esports teams. Their Gamerbase.gg app is expected to be released in the coming months, and will be a big draw for Esports teams and players alike. Additionally, their SEED sale sold out in a matter of minutes and they have raised north of $3M to date. (Expectation 100–110X, plus yield from Sales/ITO’s). Deep dive here.
• Zerion Genesis NFT’s (Initial Floor 0.16 ETH, Current Floor 0.25ETH, +56%): These are a phenomenal value, and completely overlooked by the market. Zerion Genesis collection rare and legendary cards will give you free platform access for life. Zerion is the premier all-in-one wallet out there, with built-in cross chain swaps, bridge aggregator, NFT and portfolio tracker, and a new dynamic DNA NFT system. These NFTs underwent a transition to a dynamic xNFT a few months ago and most were never transferred. The current supply is down to approx. 2,000 NFTs from around 7,500. They are super scarce, and their value will continue to grow as they add Wallet Abstraction features. I also beleive an airdrop is in the works and will be high value for holders of the NFT and users of the platform (speculation) (Expectation 25X + utility). Deep dive here.
• Rocket Exchange ($RVF) — Cross Chain Atomic Swaps with DEX and CEX, anonymously and without KYC. This token has exploded from $0.07 at the time of my previous mention to $0.65 today. It is still significantly undervalued, but if you are considering a position I would recommend waiting for a pullback.
• Swissborg ($BORG, Initial $0.11, Current $0.20 (+81%), M/C $197M) Swissborg is a CEX aggregator with a full and growing suite of features. They have been building hard this bear market and have added some impressive innovations to the platform. This has become one of my larger bags, and the recent pullback is potentially a great accumulation level. They recently added a DEX component to their aggregator engine, are adding deals to their Alpha VC investment opportunities platform, and are rumoured to be adding a sort of ETF-like copy trading component. Deep dive here.
• Akash Network ($AKT, Initial $0.50, Current 1.02 (+100%), M/C $220M). Akash is probably the top AI infrastructure play. Their platform enables crowdsourced and decentralized computing power, and has seen some parabolic adoption with the AI craze. $AKT is a Cosmos based chain with native IBC interoperability, and dubs themselves the Supercloud network. ATH was in excess of $8, and this could easily surpass that with the AI-amplified demand for computing power and cloud storage.

Honourable Mentions …

• BSCPad — ($BSCPAD) IDO launchpad on BSC. No one does hype better than Bluezilla, the marketers behind BSCpad. This one has been quiet during the bear, but is fairly cheap and has found a solid accumulation range. When IDO’s come back, this will throw off huge dividends via their sales which are low allocation, but huge returns.
• Osmosis — ($OSMO) The main DEX on Cosmos ecosystem. Amazing UI and tech allowing cross chain transactions. OSMO benefits far more from adoption of the Cosmos SDK than does ATOM itself. I view this as a better means of playing the Cosmos ecosystem and am holding strong on this position
• Duck Dao ($DDIM) Presale and IDO platform with some incredible 1400X sales last bull run. Like BSCPAD (and most launchpads) this one has been quiet, but the team are building in the background and are putting together a Real World Asset platform for which they are looking to acquire licensing and partnerships. Great price and time to accumulate this one.
• NASDEX — ($NSDX) Real word asset tokenization with a huge team, and big partnerships. Very early stage, but poised to be a potential big winner.
• Mummy Finance ($MMY) Fantom based perpetual DEX that just expanded to Optimism. Generates fairly good yield via revenue share, needs to attract more TVL & users. This project was also an unfortunate victim of the Multichain Bridge Hack, but has shown some tenacity and has been recovering over the past few weeks. One to keep an eye on, and probably a solid play if you believe in an FTM recovery.
• Apecoin ($APE $1.82, $480M M/C) APE has been hit fairly hard by the bear market, but has recently been showing signs of a reversal. Apecoin is a solid play on both a revival of the NFT narrative as well as a gaming play on the Otherside metaverse by BAYC.
• FraxShare ($FXS $612, $450M/C) A solid bet on the Stablecoin play, as well as the Liquid Staking Derivatives play. $FRAX has held up well in the bear, and is the front runner for a decentralized stablecoin that leverages the LSD narrative.
• Lybra Finance ($LBR $1.00, $17M M/C) is the most undervalued LSD narrative play, with an innovative take on the decentralized stablecoin that pays interest on all coins in circulation. On a market cap to TVL basis, $LBR is heavily undervalued. The new Lybra 2.0 also significantly improves their tokenomics.