Ethereum – Pantera Capital's ICO fund grows 500% in 2020 – Newest Information, Breaking Information, Prime Information Headlines – Fintech Zoom


Ethereum – Pantera Capital’s ICO fund grows 500% in 2020 – Newest Information, Breaking Information, Prime Information Headlines


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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 different protocol constructing tasks within the blockchain ecosystem.

Then, based on Dan Morehead, the present market atmosphere is totally different from 2017. Traders are far more targeted on Bitcoin and Ethereum than within the earlier rally.

Lastly, Morehead points out that these two cryptocurrencies accounted for 86% of the overall market capitalization of the market. The remaining 5000 altcoins sharing the remaining 14%.

Recall that on January 14, the CEO of Pantera Capital predicted an increase within 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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