Watch These Top Altcoins as Matt Hougan Says TradFi Will Bring Alt Season
TradiFi is ushering in a new altcoin season as investors look to reinvest money they made from their Bitcoin ($BTC) plays, according to Bitwise CEO Matt Hougan. Last week, XRP, for example, outpaced Bitcoin in institutio...
TradiFi is ushering in a new altcoin season as investors look to reinvest money they made from their Bitcoin ($BTC) plays, according to Bitwise CEO Matt Hougan.
Last week, XRP, for example, outpaced Bitcoin in institutional investment, with $189 million inflows compared to Bitcoin’s $175 million outflows.
This shift indicates a growing interest in BTC alternatives, which makes now a good time to take a look at some top altcoins like Bitcoin Hyper ($HYPER) and Snorter Token ($SNORT). If you want to rotate your profits into tokens with higher upside, these could be ripe for the picking.
Companies, ETFs Looking to Spend Their Bitcoin ProfitsIn The Wolf of All Streets podcast on July 24, Hougan said that companies and ETFs are now training their eyes on Ethereum ($ETH) and Solana ($SOL), after making serious profits from $BTC.
“Since May 15, companies and ETFs have bought 32x the new supply of Ethereum,” said Hougan.
This creates a domino effect as other investors rotate to altcoins—a trend that will continue in the foreseeable future, according to Hougan.
“Is Ethereum driven by discounted cash flow? Is it a store of value? None of that matters if these two forces are buying 32x the supply.”
This is indeed the case as the likes of SharpLink and BitMine Immersion have ramped up their $ETH buys this July. The two already hold over 926K $ETH worth $2.4B.
While public companies hold just above 1% of the $ETH supply at the moment, they’re only just getting started, according to Standard Chartered. The bank estimates that this will eventually grow to 10% as the likes of BitMine and SharpLink continue with their purchases.
3 Top Altcoins to Buy This SeasonAs altcoin buys surge among companies and institutional investors, expect both major coins and up-and-coming presales to gain more traction. Three top contenders include:
1. Bitcoin Hyper ($HYPER) – Building the Next Phase of the Bitcoin EcosystemAs the first cryptocurrency, there’s no unseating Bitcoin from its throne. But there’s also no denying that much has changed since its launch. Bitcoin is slow, expensive, and inflexible compared to more contemporary chains like Solana and Ethereum.
That’s what Bitcoin Hyper ($HYPER) wants to solve. The project is raising funds to develop a Bitcoin Layer 2 that promises Solana-like speeds, low transaction costs, and greater flexibility.
To invest in the project, buy its native $HYPER tokens at the official Bitcoin Hyper presale page. It only costs $0.01245 each, making it a fairly affordable play, especially if you’re just starting to diversify your altcoin portfolio.
There are regular price increases too, so you’ll see your initial investment grow as the presale progresses. The next increase happens in a few hours, so get your tokens while they’re still cheap.
You can also stake your tokens and earn rewards for supporting the project. The current reward rate is at 176% p.a., translating to a bigger growth compared to what banks offer.
To learn more about the project, be sure to read the Bitcoin Hyper whitepaper.
2. Snorter Token ($SNORT) –Makes Finding the Next Big Altcoins EasyIf you’re in the market for the freshest and most promising coins, you know how difficult it can be to spot them before they’ve already peaked. It can mean staying up 24/7, tracking the Reddit and Discord servers, scanning the charts, switching from one platform to another, and figuring out how to buy the token before its price soars.
Snorter Token ($SNORT) wants to change that with Snorter Bot, a Telegram-native trading bot that lets you do everything within the popular messaging app. Once launched, it’ll let you snipe, manage your portfolio, buy tokens, copy trades, and more.
It will also have a rugpull and honeypot detection feature that will protect you from scams and pump-and-dump schemes.
To get the most out of Snorter Bot, you’ll need to hold some $SNORT, which you can buy via the Snorter Token presale. This also gives you extra perks, like low transaction fees, unlimited snipes, governance rights, and community rewards.
Each $SNORT token only costs $0.0977, which you can buy with your credit/debit card or crypto, including $SOL, $ETH, $BNB, $USDT, and $USDC. You can also stake your tokens and get rewards at a rate of 165% p.a.
The Snorter Token whitepaper has all the details.
3. XRP ($XRP) – Top Altcoin That’sGearing Up for Its Next ATHLaunched in 2012, $XRP has stayed firmly above the $2 mark in 2025, thanks to the increasingly crypto-friendly policies of the US government. Investors hope this will finally end the legal battle between Ripple—the company behind $XRP—and the US SEC as soon as August.
The coin has traded above $3 in the latter half of July. If the Ripple-SEC saga wraps up next month, we might eventually see it break its $3.84 ATH set in January 2018.
Like $ETH and $SOL, $XRP has also attracted much attention from companies and institutional investors. Most recently, vertical farming technology firm Nature’s Miracle Holding Inc announced its corporate treasury strategy plan worth $20M that will focus on acquiring $XRP.
Altcoin Season has Just BegunWith pockets lined with profits from their Bitcoin investments, companies and institutional investors are now looking at altcoins to grow their money further. While $ETH, $SOL, and $XRP are the favorites, lesser-known gems are just waiting to be discovered.
Look out Bitcoin Hyper ($HYPER) and Snorter Token ($SNORT), two presale tokens ready to explode. With solid roadmaps and loads of room for growth, they offer a low-cap, light-hearted way to diversify your portfolio.
Disclaimer: Do your own research before you invest. This is not investment advice.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
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