Digital asset investment firm Pantera Capital’s founder and CEO Dan Morehead is optimistic about two Cryptocurrencies, the after Market capitalization ranked in the top ten.
Starting from Polkadot (DOT), a platform that enables interoperability between different blockchains, Morehead says in a CNBC interview that the 10th largest cryptocurrency by market capitalization will launch its first decentralized financial protocol in the first three months of 2022 (DeFi) will introduce.
“I think we all come to the conclusion that there won’t be just one in the future Blockchain will give.
There will be maybe 10 or 20 very important blockchains.
And so, Polkadot will help you shift value from one to another.
And their first DeFi logs will go live in the first quarter, so we’re very excited.
… We are even seeing companies like Deutsche Telekom starting to build on Polkadot. And quite a number of developers are building on it. So we see enormous dynamism there. “
Just over a week ago, Germany’s telecommunications giant, Deutsche Telekom, announced that it would become a Polkadot validator. A subsidiary of Deutsche Telekom also bought DOT tokens.
Next up is Terra (LUNA), a blockchain that uses stablecoins to enable programmable payments and the development of an open financial infrastructure. According to the head of Pantera Capital, Terra is one of the “most promising coins” for 2022.
“[Terra] enables the construction of algorithmic stablecoins and the third most valuable one builds on it Stablecoin Tax on. And it’s growing very, very quickly.
… We think it is one of the most promising coins for the coming year.
So many people are just discovering it and are just beginning to act on it. It has a market cap of $ 31 billion, so there’s still plenty of room for growth. “
In ninth place by market capitalization, Terra is trading at $ 87.63 at the time of writing, up over 13,000% since early 2021.
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Source: Crypto News Deutsch