Cathie Wood: Will focus on investing in BTC, ETH, SOL, will not buy TRUMP
According to Cointelegraph, ARK Invest CEO and Chief Investment Officer Cathie Wood stated that she will not buy Trump Coin (TRUMP), and said the company will continue to focus on the "big three" cryptocurrencies: Bitcoin, Ethereum, and Solana.
Wood believes in a positive future for decentralized financial services (DeFi) and pointed out that this is mainly based on Ethereum and Solana.
Previous news from blockchain analysis company Chainalysis showed that Trump Coin (TRUMP) and Melania Coin (MELANIA) are controlled by 40 cryptocurrency whales. These whales hold tokens worth $10 million or more, accounting for 94% of the total supply.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Treasury Secretary: Cryptocurrency economy will continue to exist
The total number of Ordinals inscriptions cast has exceeded 76 million pieces
Cathie Wood: Bitcoin is leading a new asset class
Trending news
MoreCrypto prices
More
