Ethereum – Pantera Capital’s ICO fund grows 500% in 2020 – Latest Info, Breaking Info, Prime Info Headlines
Pantera Capital, an ICO-focused fund, rose 500% in 2020. The Bitcoin fund’s comparable indicator was 299%, the block writes.
First, Pantera ICO Fund has invested in Filecoin, 0x and completely different protocol developing duties throughout the blockchain ecosystem.
Then, based mostly on Dan Morehead, the current market ambiance is completely completely different from 2017. Merchants are much more focused on Bitcoin and Ethereum than throughout the earlier rally.
Lastly, Morehead points out that these two cryptocurrencies accounted for 86% of the general market capitalization of the market. The remaining 5000 altcoins sharing the remaining 14%.
Recall that on January 14, the CEO of Pantera Capital predicted a rise throughout the price of bitcoin to $ 115,000 by August 2021.
Beforehand, Morehead had made an optimistic forecast for Ethereum and XRP.
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