Investment firm Pantera Capital thinks that altcoins may outperform Bitcoin (BTC) in the later stages of the bull market.
Pantera Capital portfolio manager Cosmo JiangShortly before altcoins He attracted attention with the statements he made about him. bull passing by from cycles Jiang, who set out on the road, said that altcoins will increase in days in the process. Better performance compared to BitcoinHe predicted that he might.
While stating that the cryptocurrency market is not limited to Bitcoin and investors are aware of this, for now from $100 million just has a high market value 400 tokens He argued that it was and that this could increase:
The investment universe in crypto is quite wide. While some investors’ journey ends at Bitcoin, it is important to realize that cryptocurrencies are much more than that. There are 400 tokens with a market cap of more than $100 million, and as the next cycle begins, we believe that other coins other than Bitcoin can actually outperform by many orders of magnitude in different phases of the bull market. That’s what we’ve seen over the last few cycles.
Stating that, as a company, they always invest in tangible altcoin projects, Cosmo Jiang said: realistic product modelsStrong one management team And logical A business model He said that they take into consideration factors such as.