It turns out that Kevin O’Leary of Shark Tank is a crypto bull whose portfolio of operating companies is made up of these altcoins 20 percent. Famous billionaire who stated that he has 32 positions in cryptocurrencies Avalanche (AVAX), Solana (LEFT) and Polygon (MATIC) expressed his bullish view about
Kevin O’Leary of Shark Tank has SOL, AVAX and MATIC
Canadian entrepreneur and investor Kevin O’Leary told Cointelegraph in an interview with Bitcoin Miami; He said that he increased the share of crypto money assets in his total portfolio from 7 percent to 20 percent. O’Leary revealed that he has a total of 32 positions in cryptocurrencies, including other Ethereum competitors, most notably Solana, Avalanche and MATIC.
Also speaking about the second-largest cryptocurrency, O’Leary commented that “Ethereum is too slow for me as a financial services professional” and stated that he is optimistic about the potential of ETH rivals Avalanche and Solana in light of recent updates and the potential of the projects.
20% of the portfolio of operating companies is in crypto
Known as Mr. Wonderful thanks to his successful investment life, he stated that with the developments in the regulatory environment, institutions are now very interested in crypto investments and he does not want to miss this train.
Alongside SOL, and AVAX, O’Leary’s relationship with FTX makes it Hedera (HBAR), Polygon (MATIC) and Helium (HNT) introduced him.
Mr. Wonderful believes it’s impossible to predict “who will win”, so he continues to be exposed to various cryptocurrencies and platforms like FTX. The investor, who holds various assets, believes that the adoption of cryptocurrencies in the US could skyrocket if higher regulatory clarity is achieved.
O’Leary also states that in 2022, he will closely monitor higher institutional capital flows in crypto, the progress of regulatory clarity in the US, and growth in Ethereum’s rivals Solana and Avalanche.
FXStreet analysts also evaluated Solana, Avalanche and MATIC price trends and stated that they believe their upside movement is limited for Ethereum killers. He noted that as the altcoin prepares for a comeback, Solana’s price is capped between the $102 and $122 resistance level.
You can check the price movements here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.