David Hoffman: Bankless Co-Founder Rotates Into NEAR, ZEC
David Hoffman cleared ETH in May then bought NEAR at $1.4, ZEC at $560, HYPE at $45 and LIT at $1.35; LIT now +293% as he calls 2026 ZEC the new ETH.
SourceAnalysis
David Hoffman exited ETH in May and rotated into NEAR, ZEC, HYPE, LIT and VVV, with his largest position LIT already returning 293% from a $1.35 cost basis while NEAR sits +223% from $1.4.
Price action on the 4h chart shows ETH trading inside the Bollinger Bands with upper resistance at $2801.23; neutral RSI at 51.35 combined with the MACD death cross suggests a pullback toward the EMA50 support at $2636.07 before any sustained move higher, keeping the focus on whether HYPE and ZEC can maintain their relative outperformance into year-end.
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