Consider undervalued major altcoins like Sui (SUI), which is poised for a major run, and Avalanche (AVAX), which is seen as a strong buy under $30 due to its real-world adoption. For exposure to the AI narrative, BitTensor (TAO) is presented as the leading choice with a potential price target of $1,000 this cycle. In the gaming sector, XBORG (XBG) is a high-conviction play expected to break its $0.40 all-time high, driven by an aggressive token buyback plan. A high-risk DeFi opportunity is Black Hole (BLACK), the largest DEX on Avalanche, which is considered undervalued and poised for a recovery. For meme coin exposure, consider Brett (BRETT) as a strategic bet on the growth of Coinbase's Base ecosystem.

Overall Portfolio Strategy

• The speaker is very bullish heading into Q4 2025, which he believes will be one of the most parabolic times of the crypto market cycle.
• The core strategy is to hold a concentrated portfolio of high-conviction coins rather than spreading investments across 50+ assets.
• The portfolio is structured with a large allocation to "majors" for safety and downside protection, while taking calculated risks on smaller cap coins in promising sectors.
• The speaker's current allocation is:
  • Majors: 64%
  • Gaming: 11%
  • AI: 9%
  • Meme Coins: 5%
  • DeFi: 1%
  • Stablecoins: 12% (for new opportunities)

Takeaways

• Investors should consider concentrating their capital in projects they have high conviction in, rather than over-diversifying.
• A significant holding in established cryptocurrencies like Bitcoin can provide a stable foundation for a portfolio, allowing for riskier bets in other areas.
• Maintaining a cash or stablecoin position (the speaker targets 20%) is crucial for capitalizing on new opportunities without having to sell existing positions.

Bitcoin (BTC)

• The speaker allocates 35% of his portfolio to Bitcoin, his largest single holding.
• He believes it is an essential holding for anyone with a significant amount of capital in crypto.
• The current bull market has been largely driven by Bitcoin, with significant institutional interest flowing into it.

Takeaways

• Bitcoin is viewed as the safest and most fundamental asset in the crypto space.
• It serves as a portfolio anchor, providing stability and capturing broad market movements driven by institutional adoption.
• Even for investors focused on altcoins, a core position in Bitcoin is recommended for downside protection.

Ethereum (ETH)

• The speaker holds 8% of his portfolio in Ethereum.
• He considers it a long-term, "blue-chip" asset that is "not going anywhere" and will be present in every market cycle.
• His holdings are also for practical use, as he is an NFT founder and trader who operates on the Ethereum network.

Takeaways

• Ethereum is a core, long-term holding for those bullish on the broader crypto ecosystem, including NFTs and DeFi.
• It is considered one of the few crypto assets, alongside Bitcoin, with proven longevity and staying power.

Solana (SOL)

• The speaker allocates 3% of his portfolio to Solana.
• He believes the Solana ecosystem will "heat up again" this cycle.
• He notes positive developments, such as new stablecoins like Athena launching on the network, as potential catalysts.

Takeaways

• Solana is considered a major Layer 1 blockchain with the potential for significant renewed interest and capital inflow.
• Investors should watch for ecosystem growth and new projects launching on Solana as indicators of its next run.

Sui (SUI)

• The speaker allocates 3% of his portfolio to Sui.
• He is extremely bullish, stating it might be one of the "most underpriced major altcoins in the entire market."
• He believes it is "about to have a major run" and highlights its strong backing from top-tier venture capitalists.
• He mentions its previous all-time high was $5.

Takeaways

• Sui is presented as a high-conviction, potentially undervalued Layer 1 blockchain.
• Its strong VC backing and potential to break its previous all-time high make it an interesting asset for investors looking for growth in the "majors" category.

Avalanche (AVAX)

• The speaker allocates 3% of his portfolio to Avalanche.
• He is very bullish, calling its price of under $30 "criminal" given its level of real-world adoption.
• He lists an extensive list of major partnerships, including BlackRock, JP Morgan Chase, FIFA, and numerous sports teams, as evidence of its fundamental strength.

Takeaways

• Avalanche is a strong play for investors who value real-world adoption and institutional partnerships.
• The speaker's sentiment suggests that AVAX may be undervalued relative to its significant progress in enterprise and mainstream integration.

Hyperliquid (HYPE) & Aster (ASTER)

• The speaker holds a combined 10% of his portfolio in these two assets (5% in HYPE, 5% in ASTER).
• Hyperliquid (HYPE) is described as the "killer app of this cycle" and a direct on-chain competitor to the Binance exchange.
• Aster (ASTER) is described as "Binance on chain," leveraging the massive Binance ecosystem. The speaker notes that his position is now a "free ride" after the token did a 10x and he took profits.
• He highlights that Aster has more airdrops coming and that the Binance ecosystem now has many layers of value (Spot, Perps, Aster Perps, etc.).

Takeaways

• HYPE and ASTER are seen as two sides of the same coin, aiming to dominate the on-chain perpetuals trading market.
• ASTER is a direct play on the growth of the Binance ecosystem, with future airdrops providing an additional potential catalyst.
• HYPE is positioned as the primary independent competitor, making a pair trade (holding both) a strategic way to capture the growth of this sector.

AI Sector

• The speaker allocates 9% of his portfolio to the AI sector, seeking exposure to this high-growth narrative.
• He prefers to have a large position in an established leader (BitTensor) and take smaller, 1% bets on more speculative, low-cap projects.

BitTensor (TAO)

• Holds 5% of his portfolio in TAO.
• He calls it the "king of the AI space" and a safer way to gain AI exposure.
• He states he "wouldn't be surprised" if TAO multiplies to $1,000 during this cycle.

Takeaways

• TAO is the recommended "blue-chip" play for investors wanting exposure to the crypto AI narrative with relatively lower risk.
• A potential price target of $1,000 suggests significant upside potential from its current price of around $300.

Aether (ATH)

• Holds 1% of his portfolio in ATH.
• He highlights its strong fundamentals, including over $100 million in revenue and a treasury being built via a NASDAQ-listed entity (POAI).

Takeaways

• ATH is an AI project with tangible, real-world business metrics (revenue, public market connections) that differentiate it from more speculative plays.

Low-Cap AI Bets

• The speaker holds 1% allocations in Talbot (TALBOT), Neural AI (NEURALAI), and GPU (GPU).
• These are all described as low-market-cap projects (under $50 million) with proven tech.
  • Talbot is a subnet under BitTensor.
  • Neural AI has in-game technology.
  • GPU has a straightforward GPU-sharing business model.

Takeaways

• For investors with a higher risk tolerance, these low-cap AI coins offer the potential for high multiples (5-10x).
• Allocating a small percentage (e.g., 1%) to each can provide significant upside exposure without risking a large portion of the portfolio.

DeFi Sector: Black Hole (BLACK)

• The speaker's only dedicated DeFi holding is 1% of his portfolio in Black Hole (BLACK).
• He believes the token is "beaten down too hard" and poised for a "massive recovery."
• Key Metrics: It is the largest decentralized exchange (DEX) on Avalanche, has a $30 million market cap, does billions in volume, and is down 80% from its high of $1.50.
• He is actively earning yield from his position.

Takeaways

• BLACK is a high-risk, high-reward contrarian play based on the thesis that its market valuation is disconnected from its strong on-chain metrics.
• This is an investment for those comfortable with volatility and who believe the Avalanche ecosystem will see a resurgence.

Meme Coin Sector

• The speaker allocates 5% of his portfolio to meme coins, believing the narrative is returning.

Pengu (PENGU)

• This is his largest meme coin holding at 3% of his portfolio.
• He calls it "crypto's mascot" for this bull run and one of the "best spot and chill trades."
• He expects it to perform very well when NFTs heat up and could also get a boost from a potential airdrop by Abstract.

Takeaways

• PENGU is positioned as the leading "culture" meme coin of this cycle, with strong ties to the broader crypto zeitgeist. It's a bet on cultural relevance driving price.

Other Meme Coins

• Brett (BRETT): Holds 1%. It's the top meme coin on the Base ecosystem. He expects it to rally when the official Base airdrop occurs, comparing it to a bet on Aster within the BNB ecosystem.
• Mog (MOG): Holds 1%. A bet on the coin's "phenomenal" and relatable culture.

Takeaways

• BRETT is a strategic play on the growth and eventual airdrop of Coinbase's Layer 2 network, Base.
• Investing in meme coins is a bet on narrative and culture. The strategy here is to pick the leader on a promising chain (BRETT) and a coin with a strong, independent culture (MOG, PENGU).

Gaming Sector

• The speaker allocates 11% of his portfolio to gaming, despite calling it the "most disappointing niche in crypto." His conviction is in the long-term picture.
• A key theme he looks for is projects doing token buybacks.

Ronin (RON) & XBORG (XBG)

• These are his two largest gaming holdings, both at 2% of his portfolio.
• Ronin (RON): He believes in it "tenfold" as the #1 gaming protocol that built the hit game Axie Infinity. A major bullish factor is that the project is doing token buybacks.
• XBORG (XBG): He is very bullish due to its relentless team, backing from SwissBORG, and a teased plan to use over 150% of revenue for token buybacks. He expects it to break its all-time high of $0.40.

Takeaways

• RON is the established, "blue-chip" leader in the gaming space.
• XBG is a higher-risk, higher-reward play with a strong focus on returning value to token holders through aggressive buybacks.
• Projects that implement token buybacks are a strong bullish signal, as it shows commitment to supporting the token's price.

Mid-Tier Gaming Bets

• The speaker holds 1% allocations in Superverse (SUPER), Beam (BEAM), Wilder World (WILD), and Prime (PRIME).
• BEAM is noted for having a $100 million treasury that could be used for future buybacks.
• PRIME is a more cautious hold; the speaker is waiting for the team to deliver on their Parallel Colony AI game, which was the original investment thesis.

Takeaways

• These tokens represent different ways to get exposure to the gaming ecosystem.
• For PRIME, it's a lesson in monitoring a project's development progress. If a team fails to deliver on its roadmap, it's a major red flag.

Low-Cap Gaming Moonshots

• The speaker holds small positions in Wagme Games (WAGME), Moon Tropica (CA), and Limbo (LIMBO).
• These are high-risk bets on low-cap gaming tokens.
• He specifically notes that WAGME is also about to start deploying token buybacks.

Takeaways

• These are speculative plays for investors with a very high risk tolerance.
• The mention of WAGME starting buybacks makes it a particularly interesting project to watch among the low-cap gaming coins.