In an interview with Barry Silbert, founder of the Cryptography Investment Fund, the current cryptographic upward momentum is different from the bubble in 2017.
He pointed out that the beat coin value of 80%, reported in 2018, has been three to four times in the past. If the upward trend continues, it will wake the investor’s animal instincts, he added. The gap between the bubble rate and the uptrend in 2017, when bitcoin hit a record high, is in the infrastructure.
Asset management, trading software, and compliance software have been enhanced, and people are well educated about passwords. He quoted a report in the first quarter of this year’s Grayscale, indicating that institutional investors’ capital inflows rose 42 percent from the previous quarter. The presence of professional investors is definitely higher.
He also predicted that a small number of ciphers would be the winner. The winner will be different in each field, but the beat coin is digital gold, the cash caching is privacy side, and smart contract is etherium classical. For more information, please click here .