Hougan's Crypto 'Mount Rushmore': Bitcoin, Ethereum, Solana, Chainlink Lead the Charge
Bitwise Chief Investment Officer Matt Hougan has identified his 'Mount Rushmore' of cryptocurrency assets as Bitcoin, Ethereum, Solana, and Chainlink. According to him, these four coins are driving the current bull market and represent essential exposure for investors looking at the two biggest macro themes in crypto: currency debasement and tokenization.
Hougan emphasized that his 'Mount Rushmore' is not set in stone and that other assets, such as Hyperliquid and Zcash, are making their case to be included. He also expressed bullishness on several downstream DeFi assets but sees the original four as the core, broad-based play.
In a conversation about Chainlink, Hougan acknowledged that its token itself is 'questionable' due to current tokenomics. However, he believes that regulatory pressure easing will force progressive improvement across the board and has already seen this reflected in Chainlink's price.