<\/p>\n
Pantera Capital portfolio manager Cosmo Jiang says that the firm is expecting altcoins to outperform Bitcoin (BTC<\/a>) by \u201cmany multiples\u201d in the current market cycle.<\/p>\n In a new interview<\/a> with Yahoo Finance, Jiang says that the growing number of altcoins could entice traders to invest in crypto assets other than Bitcoin \u2013 something he noticed over the last few cycles.<\/p>\n \u201cThe investment universe in crypto is quite wide. While some investors\u2019 journey ends at Bitcoin, it\u2019s important to realize that digital assets are more than just that. <\/em><\/p>\n There are 400 tokens with more than $100 million market cap and as the next cycle gets underway, we believe that \u2013 and we\u2019ve seen over the last few cycles \u2013 that the other coins outside of Bitcoin really can outperform by many multiples during the different phases of the bull market.\u201d <\/em><\/p>\n Jiang goes on to say that Pantera\u2019s game plan is to accumulate for the long term, adding that the investment firm views crypto tokens as new method of capital formation.<\/p>\n \u201c\u2019At Pantera, we\u2019re very long-term investors. A defining thesis for us really is that tokens are a new form of capital formation. A lot of businesses will never have a New York Stock Exchange boosted equity, they will only ever have a token\u2026 <\/em><\/p>\n It is a very fundamental, revolutionary form of capitalism and capital formation. Our strategy then, is gonna sound really familiar to those who invest in traditional equities or hedge funds. <\/em><\/p>\n Really the core of our strategy is finding tokens that represent protocols with real product market fit, a strong management team, [and] a business model that makes sense.\u201d<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>  <\/p>\n Featured Image: Shutterstock\/Declan Hillman<\/em><\/span><\/p>\n Generated Image: DALLE-2<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Pantera Capital portfolio manager Cosmo Jiang says that the firm is expecting altcoins to outperform Bitcoin (BTC) by \u201cmany multiples\u201d in the current market cycle. In a new interview with Yahoo Finance, Jiang says that the growing number of altcoins could entice traders to invest in crypto assets other than Bitcoin \u2013 something he noticed […]<\/p>\n","protected":false},"author":2,"featured_media":21834,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-260425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/260425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=260425"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/260425\/revisions"}],"predecessor-version":[{"id":260427,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/260425\/revisions\/260427"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/21834"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=260425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=260425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=260425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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