Matt Hougan, The chief investment officer of Bitwise Asset Management mentions the altcoins with Investor’s Interest.
Furthermore, during an interview with Bloomberg Technology’s Emily Chang, Matt Hougan notes why he’s bullish on Ethereum (ETH), Solana (SOL) and Polygon (MATIC).
“I think we’re going to see this sort of Cambrian explosion of activity built on Ethereum…”
“and other Layer 1 solutions. I think investors are going to be looking at Ethereum,…”
“they’re going to be looking at Solana, they’re going to be looking at Polygon.”
More so, Matt Hougan notes that Bitcoin investors has eyes beyond the top Cryptocurrency.
“We’re seeing a lot of investors who put their ton in the water with Bitcoin in 2020, 2021…”
“starting to realize there’s more to crypto than just Bitcoin…”
“If there’s one biggest story for next year, it’s going to be everything else.”
Then, Matt Hougan continues.
“It’s going to be crypto as decentralized finance (DeFi), crypto as non-fungible tokens (NFTs),..”
“crypto as web 3.0, crypto as the metaverse. That’s what we’re hearing from investors.”
“What is there beyond Bitcoin? That’s what I’m most bullish about for 2022.”
Additionally, on the issue of choosing between Bitcoin and Ethereum, Matt Hougan confirms he’s going all in for Ether.
“I’m on the Ethereum side… I love all my children equally but if you pin me down,…” “Ethereum was the asset of the year. This year, I have a reasonable degree of confidence…”
“that it will continue to play that in the future. There’s just so much positive activity taking place in and around that blockchain right now.”
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