A financial TikTok influencer with almost 500,000 followers says bitcoin is going to ‘get slayed’ – and shares how cryptos and stablecoins make up his trading strategy

A financial TikTok influencer with almost 500,000 followers says bitcoin is going to ‘get slayed’ – and shares how cryptos and stablecoins make up his trading strategy

Bitcoin is the biggest cryptocurrency by market value and, for now, continues to dwarf its competitors. But the rise of crypto rivals with far more real-life applications means it will be dethroned sooner rather than later, according to financial TikTok influencer Mason Versluis. 21-year old Versluis also goes by the user name Crypto Mason and has almost 500,000 followers on his TikTok account, which he uses to make short videos to educate his viewers about crypto and the markets. Versluis, who has been trading crypto since he was 15, recently spoke to Insider about his outlook for the market. "The psychological thing of bitcoin always being number one and king can be gone. So, by 'slaying bitcoin', I mean I want something to pass it and then we'll see what happens after that," Versluis said. Bitcoin has a market capitalization of just under $800 billion, out of the roughly $1.9 trillion that the entire crypto market is worth, according to CoinMarketCap. In the last 12 months, it's gained almost 350% in price, but Versluis thinks there's more value to be had elsewhere. "My dad actually told me about XRP when I was 17, and I've been in ever since, off