2 Unstoppable Cryptos You Can Buy Now Without Any Hesitation
Altcoins are making a comeback, with many of them posting double-digit gains over the past 30 days and outperforming Bitcoin.
After launching in mid-2023, Sui has skyrocketed in value and has emerged as one of the biggest potential rivals of Ethereum.
Bittensor is a decentralized blockchain platform for AI that provides investors with a way to benefit from the convergence of AI and crypto.
10 stocks we like better than Bittensor ›
Over the past 30 days, sentiment in the crypto market has improved remarkably, largely on new optimism about global trade deals getting done. Nearly every top cryptocurrency has been posting double-digit gains, and investors appear to be regaining their risk appetite for crypto.
Two cryptos on my radar right now are Sui (CRYPTO: SUI) and Bittensor (CRYPTO: TAO), both of which have been soaring in value. Let's take a closer look at what makes them such strong buys right now.
Sui (pronounced "swee") is arguably the buzziest new Ethereum (CRYPTO: ETH) challenger to arrive on the scene. This Layer 1 blockchain network launched in May 2023 and features an all-star team of blockchain developers and Silicon Valley tech veterans. Since Sui launched around the time that the crypto winter of 2022 was coming to an end, it never got the attention that it deserved.
However, things have really taken off for Sui in 2025. It's now up 73% over the past 30 days, and currently boasts a $13 billion market cap, making it the 11th-most-valuable cryptocurrency. While nearly all top cryptocurrencies are up big during the past 30 days, Sui really stands out. By comparison, Bitcoin (CRYPTO: BTC) is "only" up 22% over the past 30 days.
There are two main factors leading to Sui's outperformance. The first is the narrative around Sui's future potential to supplant Ethereum as the premier Layer 1 blockchain network. The Sui blockchain is faster, cheaper, and more efficient to use than Ethereum's blockchain, and institutional investors are starting to sit up and take notice. If Sui can continue to chip away at the market dominance of Ethereum, then its valuation should rise accordingly.
The second big factor is the spot ETF narrative. At the end of April, 21Shares -- the same investment firm that helped Ark Invest launch its spot Bitcoin ETF last year -- filed an application with the SEC to launch a spot Sui ETF. If that application is successful, it could mean mainstream adoption for Sui. The spot ETF will make it easier for investors to get exposure to Sui and could lead to new investor inflows.
The other unstoppable crypto on my list is Bittensor. It has risen 83% over the past 30 days and ranks as the No. 30 cryptocurrency, with a $4 billion market cap.
The investment thesis for Bittensor is easy because it involves artificial intelligence (AI). As Cathie Wood of Ark Invest pointed out in her firm's 2024 "Big Ideas" report, one of the most exciting themes in the investment world is the convergence of artificial intelligence and blockchain technology. This convergence could lead to outsized gains for Bittensor, which is essentially a decentralized blockchain platform for AI projects.
My only caveat here is that it has been frustratingly difficult for crypto investors to get the AI investment thesis right. A number of top AI cryptos that emerged after the launch of ChatGPT have now fallen by the wayside. And the "AI agent" thesis has floundered badly in 2025.
So, you need to be careful about how much you buy into the buzz surrounding Bittensor. You need to be convinced that "decentralized AI" is more powerful than "centralized AI." In other words, you need to be convinced that AI upstarts powered by blockchain technology can take on the tech giants in Silicon Valley.
In order for Sui and Bittensor to become truly unstoppable, altcoin season needs to arrive soon. While "altcoin season" is a state of mind more than anything else, it refers to a point in time when a majority of top altcoins are outperforming Bitcoin. This leads to a situation where crypto investors move out of Bitcoin and shift into riskier cryptos in order to capture this outperformance.
Mathematically, altcoin season occurs when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days. Right now, the CoinMarketCap Altcoin Season index has a reading of 32, which means that we're likely still several months away from the arrival of altcoin season. The good news is that Sui and Bittensor are two of the 32 coins outperforming Bitcoin over the past 90 days, and appear to be leading the way forward.
That being said, it's best to keep your expectations in check. Sui faces a tremendous amount of competition in the Layer 1 blockchain market, and Bittensor could turn out to be another buzzy AI crypto that eventually falls to the wayside.
However, it's impossible not to be impressed with their recent performance, or with their enormous future upside potential. If you are looking to turbo-charge the performance of your portfolio, and don't mind taking on considerable risk, both Sui and Bittensor could be worth a closer look.
Before you buy stock in Bittensor, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bittensor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $620,719!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,511!*
Now, it's worth noting Stock Advisor's total average return is 959% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join .
See the 10 stocks »
*Stock Advisor returns as of May 12, 2025
Dominic Basulto has positions in Bitcoin, Ethereum, and Sui. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Sui. The Motley Fool recommends Bittensor. The Motley Fool has a disclosure policy.
2 Unstoppable Cryptos You Can Buy Now Without Any Hesitation was originally published by The Motley Fool
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
Springfield police warn public of recent Bitcoin schemes
SPRINGFIELD, Mass. (WWLP) – Cryptocurrency schemes are on the rise, and the Springfield Police Department is asking residents not to fall for them. Law enforcement officials say it's simple: hang up the phone and don't send the money. Those who fall for the schemes could have a difficult time getting their money back. Springfield Police say that some have sent thousands to tens of thousands of dollars through these cryptocurrency schemes. Springfield Public Schools opens diploma requests for former students affected by past MCAS rules 'Since the beginning of 2024, here in the city alone there's probably been approximately $624,000 lost due to the scam, mainly involving cryptocurrency and Bitcoin,' said Springfield Police Superintendent Lawrence Akers. In the most recent scheme throughout the city of Springfield, callers have been impersonating local sheriff's department deputies. 'Victims are getting a call by a 'Deputy Ross,' which are real deputies at our department,' said Chief Deputy Frank Ott of the Hampden County Sheriff's Department. 'They're being told that there is an outstanding warrant or jury duty, and to clear up the warrant they would need to deposit money.' The Springfield Police Department said the victims of these schemes range from ages 20 to 90 years old, but the majority of them are elderly. According to law enforcement, people have traveled from New York to Springfield to send money to schemers. Data finds that money is instantly sent to another country, and schemers are often untraceable. Springfield Police said these are 'common sense crimes.' They're urging people not to be embarrassed if they are a victim, and to come forward and report it immediately, as they want to put a stop to crypto crimes. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
25 minutes ago
- Yahoo
Palantir Stock vs. Taiwan Semiconductor Stock: Wall Street Says Buy One and Sell the Other
Billionaire Stanley Druckenmiller of the Duquesne Family Office and Cathie Wood of Ark Invest have both been selling Palantir Technologies stock and buying shares in Taiwan Semi lately. Palantir stock has experienced outsized momentum throughout 2025, potentially making now a smart time to take gains. Conversely, TSMC has experienced notable valuation compression despite robust long-term tailwinds supported by ongoing AI infrastructure spend. 10 stocks we like better than Palantir Technologies › Following the end of each calendar quarter, institutional investors are required by the Securities and Exchange Commission (SEC) to file a Form 13F. A 13F serves as a public ledger, breaking down which stocks the "smart money" on Wall Street bought and sold during the most recent quarter. For the last few years, institutional investors haven't been able to stop buying artificial intelligence (AI) stocks. Chief among popular buys for most of the last two years are "Magnificent Seven" darling Nvidia and data mining specialist Palantir Technologies (NASDAQ: PLTR). However, while combing through some recent filings and trading data, it would appear that some of Wall Street's most closely followed personalities are dumping Palantir stock and redeploying their gains into another AI semiconductor stock -- Taiwan Semiconductor Manufacturing (NYSE: TSM). I'll detail some moves made by billionaire money manager Stanley Druckenmiller of the Duquesne Family Office and Ark Invest founder Cathie Wood as it relates to swapping Palantir for TSMC. Let's dig into why selling Palantir stock and buying shares of TSMC might make sense for growth investors right now. It's no secret that 2025 has been a choppy year in the stock market. The S&P 500 and Nasdaq Composite have each exhibited pronounced volatility, thanks in large part to an overwhelming cloud of uncertainty -- from tariff negotiations, mixed economic data, and guessing what policies the Federal Reserve might institute next. Nevertheless, it seems as if nothing can stand in the way of Palantir stock's parabolic run. Let's start with Cathie Wood's recent trading activity. While Palantir remains the fifth-largest holding across Ark Invest's exchange-traded funds (ETFs), the firm has been trimming its exposure to Palantir over the last month. Of note, some of these trades were required by specific regulations per the Internal Revenue Code. Essentially, the gains in Ark's Palantir position were so high that the stock had become an abnormally large position, and the rise in share price triggered a sale. What is unique, however, is that Ark continued reducing its exposure to Palantir -- even after the company delivered a monster earnings report earlier this month. Druckenmiller's activity in Palantir stock differs slightly from Wood's. Per Duquesne Family Office's Q1 13F, the firm no longer has any exposure to Palantir -- having sold its remaining 41,710 shares during the quarter. I went back and took a look at Duquesne's exposure to Palantir since the company went public back in 2020. It would appear that this is not the first time since Druckenmiller and his team owned the red-hot AI stock, only to dump it later on. Need I remind you, Wood has done this before, too. At a price-to-sales (P/S) ratio of nearly 100, Palantir has become a historically pricey stock among a cohort of software businesses that generally fetch premium valuations as it is. The trading patterns from Wood and Druckenmiller lead me to think that each investor may be exercising a similar strategy: taking profits off the table during periods of pronounced momentum and being cognizant of an overstretched valuation. During the first quarter, the Duquesne Family Office purchased 491,265 shares of Taiwan Semi stock -- increasing its stake by 457%. In addition, Wood appears to be quietly carving out more exposure to semiconductor stocks across Ark's portfolio, too. Over the last few months, Ark has gone back to buying shares of Nvidia and Advanced Micro Devices, and more recently, just scooped up TSMC stock. From a macro standpoint, buying chip stocks looks like a savvy bet right now. Hyperscalers such as Amazon, Alphabet, and Microsoft, in combination with Meta Platforms and Apple, have collectively committed hundreds of billions of dollars for AI-related capital expenditures (capex) over the next several years. In addition, Oracle, OpenAI, and SoftBank are leading the charge for Project Stargate -- a $500 billion AI infrastructure initiative. Secular tailwinds fueling AI infrastructure, particularly a rising need for GPUs and integrated network equipment, bode well for Taiwan Semi's long-term prospects. Even so, shares of Taiwan Semi have faced enormous pressure as of late -- likely due to ongoing tensions between the U.S. and China as it relates to trade. At a forward price-to-earnings (P/E) multiple of just 21.3, TSMC appears to have exhibited some pronounced valuation compression during the first quarter. In all fairness, I personally remain bullish on both Palantir and Taiwan Semi -- as each have compelling long-run tailwinds underscored by the AI movement. But right now, I think Palantir's valuation is quite lofty and it's increasingly becoming difficult to justify. On the other hand, I think TSMC stock is reasonably valued and looks like a great buy right now. My thinking is Druckenmiller and Wood redeployed their gains from high-flying growth stocks such as Palantir and bought the dip in Taiwan Semi stock. With that in mind, I think investors might want to consider doing the same and reduce some exposure to Palantir and reinvest their gains elsewhere -- and Taiwan Semi looks like a great position for that. Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Adam Spatacco has positions in Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Palantir Technologies. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, Cloudflare, CrowdStrike, Datadog, Meta Platforms, Microsoft, MongoDB, Nvidia, Oracle, Palantir Technologies, ServiceNow, Snowflake, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Palantir Stock vs. Taiwan Semiconductor Stock: Wall Street Says Buy One and Sell the Other was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28 minutes ago
- Yahoo
Silver Star Properties REIT Announces: It Is Confirmed By A Majority of Its Shareholders--Allen Hartman Is No Longer a Member of The Board of Directors
HOUSTON, June 2, 2025 /PRNewswire/ -- Silver Star Properties REIT, Inc. ("Silver Star" or the "Company"), a self-managed real estate investment trust currently repositioning into the self-storage asset class, announced results of the vote tally for its January 2024 consent solicitation which confirmed the removal of Al Hartman ("Hartman") from the Company's Board of Directors. 51.33% of all shares outstanding elected Gerald W. Haddock James Still Jack Tompkins Following the Maryland Appellate Court's decisive victory for Silver Star in April 2025, which reversed the trial court's preliminary injunction and allowed the Company to proceed with tallying shareholder votes, the independent inspector has completed the vote count. The results confirm that a majority of shareholders voted in favor of the consent solicitation. Mr. Chester Grudzinski, Interim Deputy General Counsel, stated "the results show that Silver Star's directors, excluding Hartman, were elected by an overwhelming majority (81%) of a quorum." As previously announced, Silver Star will hold its annual meeting on July 7, 2025, where shareholders will have the opportunity to support and vote for the second time the Company's pivot strategy. ADDITIONAL INFORMATION AND WHERE TO FIND IT The Company has filed with the SEC a definitive proxy statement on Schedule 14A on May 29, 2025, containing relevant documents with respect to its solicitation of proxies for the Company's 2025 Annual Meeting. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED BY THE COMPANY AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT ANY SOLICITATION. Investors and security holders may obtain copies of these documents and other documents filed with the SEC by the Company free of charge through the website maintained by the SEC at Copies of the documents filed by the Company are also available free of charge by accessing the Company website at Participants in the Solicitation Silver Star and its directors and executive officers may be deemed to be participants in the solicitation of proxies with respect to the 2025 Annual Meeting. Information regarding Silver Star's directors and executive officers is contained in the definitive proxy statement. As of May 29, 2025, the Silver Star Executive Committee, current directors, other than Allen Hartman, and executive officers beneficially owned approximately 1,172,436 shares, or 1.74%, of Silver Star common stock. Allen Hartman beneficially owned approximately 5,006,412 shares, or 7.43%, of Silver Star common stock. Additional information regarding the interests of such participants is included in the definitive proxy statement and is available free of charge at the SEC's website at Forward-Looking Statements: This press release contains a number of forward-looking statements. Because such statements include a number of risks, uncertainties, and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements, and investors should not place undue reliance on any such statements. Forward-looking statements can often be identified by words such as "continues," "can," expect," "intend," "will," "anticipate," "estimate," "may," "plan," "believe" and similar expressions, and variations or negatives of these words. These forward-looking statements include, but are not limited to, statements regarding the Company's search for a new auditor and its hope that a new auditor can be engaged in the near future and that its annual report on Form 10-K can be completed and publicly filed; the continuation of the examination of the current operations of Southern Star; the Company's intent to consider various alternatives, including the possible sale of Southern Star, the sale of specific assets within individual DSTs and dissolution of the respective trusts, and/or the outsourcing of various aspects of Southern Star's operations; the Company's plan to update investors with respect to the status of Southern Star as appropriate; the Company's expectations and beliefs regarding the Hartman litigation; the timing and ultimate resolution of the various litigation, fight for corporate control and other matters involving Hartman; the continued execution of the Company's strategy of pivoting into the self-storage space; the Company's continual evaluation of its legacy assets in order to maximize shareholder value; the Company's policy to not dispose of any asset for less than its maximum determinable value and to maximize earnings and value; the implications to the Company of the assignment of an OTC trading symbol for its common stock; whether the Company may be subject to certain FINRA rules; any actions the Company may need to take to comply with any FINRA rules; the Company's continual evaluation of various options to provide greater shareholder liquidity, including its intention to seek listing of its common stock on a securities exchange or admission to over-the-counter trading, a public offering, a listing of the common stock on an exchange or admission to OTC trading without a public offering, and merger and/or acquisition opportunities; the Company's belief that further legal action could ensue to unwind the issuance of common shares under the Rights Plan if Hartman prevails in his efforts to set aside or invalidate the Rights Plan or to cause the dilutive issuance of additional common shares to Hartman, as well as any further action Hartman may take to prevent other Company shareholders from receiving benefits under the Rights Plan. None of the foregoing are guarantees or assurances of future outcomes or results and all are subject to numerous risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this material. Forward-looking statements in this press release speak only as of the date on which such statements were made, and the Company undertakes no obligation to update any such statements that may become untrue because of subsequent events. Such forward-looking statements are subject to the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. View original content to download multimedia: SOURCE Silver Star Properties REIT Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
