Wall Street Begins Buying Altcoins
Recently, major asset management firms have started investing in DeFi Tokens, including BlackRock and Apollo Global Management, indicating a renewed interest in altcoins. Institutional participation could create positive feedback for the industry and boost retail investor confidence. However, the bear market is not over yet, and it is expected that altcoins will need to wait a longer time before seeing gains. The author plans to increase holdings of altcoins starting next quarter and will focus on projects with low price-to-earnings ratios and genuine product value.
TechubNews·02-28 08:31