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Given bitcoin's surge in 2024 following the successful victory of Donald Trump this November, attention has now focused on which altcoins might leap to the top next.

In particular, meme coins have emerged as a good bet for investors looking to rake in profits in the short-term, said Mark W. Yusko, the CEO of Morgan Creek Capital Management in a recent interview with Altcoin Daily.

"If I had money I was willing to lose, I would go for Cardano, Hedera, and XRP," Yusko stated.

Bullish sentiment was towards Solana, citing the team's convincing efforts and their decision to retain their holdings.

Cardano and Hedera were also mentioned as potential contenders, despite some technical reservations. The fate of XRP was tied to regulatory developments, particularly the appointment of a cryptocurrency czar.

The enduring power of meme coins also . "Don't bet against Elon," Yusko added, acknowledging the unexpected success of Dogecoin. For those seeking high-risk, high-reward opportunities, meme coins could be a viable option.

Yusko employed the "house always wins" analogy from Las Vegas to the cryptocurrency market, emphasizing the importance of a balanced portfolio. The recommended strategy involves allocating 10-15% of one's portfolio to a "liquidity bucket" for stable, high-quality assets, and another 10-15% to a "get rich bucket" for more speculative investments like meme coins.The key to success in the "get rich bucket" was described as a combination of contrarian thinking, consistency, and the ability to cut losses quickly. This approach aligns with the strategies of successful long-term investors and index funds.

While Yusko acknowledged the potential for significant gains in the altcoin market, he also stressed the importance of responsible investing. The discussion highlighted the ongoing "memefication of finance" and the need for investors to approach these opportunities with caution and a well-thought-out strategy.