Latest News

Polkadot is the most popular cryptocurrency among VCs and hedge funds in Q4 2021

According to Messari’s fund analysis, almost 42% of venture capital and hedge funds investing in crypto are depending on Polkadot’s smart contracts platform’s success.

Polkadot was the most popular altcoin in Q4 of last year, with 24 of the 57 funds tracked investing in it.
Following Polkadot, the most popular assets among VCs and hedge funds were Oasis Network (ROSE) and Near Protocol (NEAR).

Polkadot is the 11th most valuable cryptocurrency, with a market capitalization of US$18.7 billion. Then, and is now trading at US$17.12, less than half its all-time high of US$54.98 set in November of last year.

Because Messari thinks that most funds own the two leading cryptocurrencies, Bitcoin and Ethereum were not included in the analysis.

Related Posts – Ferrari joins the NFT universe through a collaboration with a Swiss…

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.