Senior analyst explains that Bitcoin, Ethereum and three other crypto assets are extremely low in value.

A well-followed crypto strategist and trader believes that Bitcoin, Ethereum, and three other cryptocurrencies have more potential for surplus as they all traded well below their fair value this year. In a new tweet, the analyst known as Flood told his 118,900 followers that Bitcoin (BTC) has the potential to increase almost 200% from its current value of $ 58,000. The crypto analyst estimates Bitcoin's fair value to be $ 172,000 this year. As for Ethereum (ETH), Flood says the major smart contract platform could see it rise over 60% this year with a fair valuation of $ 3,333. Flood is also interested in FTX Token (FTT), which is the natural asset of the FTX crypto exchange. He believes FTT will jump 344% from its current price of $ 50 to a market cap of $ 220. The Solana smart contract platform (SOL) is also on the trader's radar. With a fair value of $ 77, SOL has the potential to grow over 185% from its current price of $ 27, according to Flood. The last on the list of merchants is Nerve Finance (NRV), an automated market maker running on Binance Smart. Chain. The flood is bullish on NRV as it traded at $ 22.22 this year, a possible increase of almost 500% from the current $ 3.73 price. Flood also updates the crypto assets that are part of its portfolio. He says he added more FTT and NRV in the midst of the recent bullish price action while narrowing his positions in Solana. He adds that he abandoned his assets in Ethereum, Aave, and Raydium (RAY) after less than stellar performance. The trader also points out that the decentralized exchange PancakeSwap (CAKE) is part of its portfolio after buying it at an average price of $ 17.2. Don't Miss a Beat – Subscribe to get encrypted email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram Surf Daily Hodl Mix Check the latest news Disclaimer: The views expressed on The Daily Hodl are not investment advice. Investors should conduct due diligence. Read more

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