During an interview with the renowned crypto-centered YouTube channel Altcoin Daily, Anthony Scaramucci, a seasoned financial expert and founder of SkyBridge Capital, shared his top altcoin picks for investment and holding in 2025. Scaramucci, a former White House Communications Director and well-experienced Wall Street figure, discussed various crypto assets, emphasizing his optimism towards Ethereum (ETH) and highlighting a selection of alternative coins that he believes will play a pivotal role in the evolution of decentralized technology.Watch interview
Ethereum: A Long-Term Contender in Crypto
Scaramucci initiated the discussion by pointing out Ethereum as one of his top choices for the foreseeable future. He drew parallels between the changing perceptions of Ethereum in the market to the cyclical trends observed in various sectors over the years. Sharing insights from his extensive experience in traditional finance, Scaramucci stated:
โIn the industry, we’ve seen shifts from biotech stocks to insurance stocks and later to alternative investments like hedge funds […] The trends come and go. Surprisingly, Ethereum seems slightly out of fashion currently, which is unexpected given its wide range of applications, robust nature, and dominance. I firmly believe Ethereum will emerge as a long-term winner.โ
The billionaire investor highlighted Ethereum’s extensive ecosystem, emphasizing its versatility and established credibility. While acknowledging the presence of newer chains promising speed and cost efficiency, Scaramucci stressed that Ethereum remains a crucial platform for numerous decentralized applications (dApps) and protocols.
Solana (SOL)
After voicing his confidence in Ethereum, Scaramucci shifted his focus to Solana (SOL), praising its performance and cost-effectiveness: โI believe in Solana; it’s cost-effective and faster, with a high volume of transactions being processed. The platform showcases a diverse array of offerings […] We have substantial investments in Solana, and I’m transparent about that.โ
Polkadot (DOT)
Expanding on his evaluation of promising altcoins, Scaramucci highlighted Polkadot (DOT) for its potential impact on Web3 and gaming sectors: โI hold Polkadot. I appreciate its capabilities within the gaming industry, and I firmly believe in the emergence of Web3 gaming</a]… we're likely to witness a Renaissance in that domain.โ
Scaramucci drew parallels between the current early stages of Web3 and the past era of VHS tapes and Blockbuster Video. Anticipating a shift towards blockchain-powered gaming experiences, he endorsed Polkadot’s interoperable platform as pivotal in fostering immersive digital ecosystems.
Avalanche (AVAX)
Moving forward, Scaramucci briefly mentioned Avalanche (AVAX) as another network poised for success within the broader cryptocurrency market. While providing fewer specifics, he highlighted Avalanche’s strengths in scalability, rapid transaction finality, and the growing presence of decentralized finance (DeFi) projects. He expressed optimism in Avalanche’s future growth.
Algorand (ALGO)
Discussing Algorand, Scaramucci shared insights from his longstanding investment in the asset, spanning four years. Despite acknowledging management changes within the platform, he remained positive: โAlgorand faced challenges with management transitions, but I see potential in John Wood’s leadership… Heโs a highly skilled individual working towards enhancing the platform, and I believe Algorand is currently undervalued.โ
Sui and Aptos
Completing his selection of altcoin favorites, Scaramucci highlighted Sui (SUI) and Aptos (APT) as projects with promising long-term prospects: โI hold a positive outlook for Sui and Aptos in the long run. I foresee a diverse landscape rather than dominance by a single chain.โ
In conclusion, Scaramucci emphasized his perspective on the crypto asset market, acknowledging Bitcoin’s prominent position while emphasizing the importance of alternative blockchains. He likened Bitcoin to the pope and other emerging coins as vital contributors shaping the industry in the coming years. โBitcoin remains a leader, but the diverse applications and evolving networks of other altcoins will be instrumental in the next five to fifteen years,โ he concluded.
Current price of ETH is $3,319.
