Widespread crypto trader and analyst Ben Armstrong says he is amassing a large-cap altcoin heavily as it continues to show signs of strength.
In a new video, Armstrong tells its 795,000 YouTube subscribers that it is buying Binance Coin (BNB) worth at least $ 100,000.
“I’ll tell you that I recently bought the **** from a Binance coin. It’s the only major coin outside of XRP that I didn’t have in my hand. I changed that … I think we now have six digits in Binance Coin. “
In addition to Binance Coin, Armstrong announces that it is building positions in four other crypto assets.
“Polkadot (DOT) is another one we’ll add. I bought Solana (SOL) last night. I bought Elrond (EGLD) last night. Harmony (ONE) is next on my buy list.”
The trader is also closely monitoring Ethereum, which he believes is preparing for a massive breakout as it continues to show signs of uptrend.
“Ethereum looks very strong right now, even if Bitcoin falls. This is when you know Ethereum is preparing for big moves. Bitcoin fell and Ethereum didn’t really flinch. It’s still above $ 2,100. It looks like the network effects of Ethereum are making themselves felt. “
At the time of writing, Ethereum is trading at $ 2,393, according to CoinMarketCap, up over 10.71% over the past 24 hours.
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