Simon Dedic, managing partner at Moonrock Capital, a London and Hamburg-based blockchain consultancy and investment firm, commended the five altcoin projects and referred to the leading cryptocurrency, Bitcoin, as “digital gold.”

Simon Dedic says popular altcoin projects are “next generation tech stocks”

Simon Dedic made comments on the cryptocurrency space in a tweet he sent recently. According to Dedic, who explains Bitcoin, Ethereum, Solana, Cardano, Polkadot, Tezos and NFTs in small terms, Bitcoin (BTC), the largest cryptocurrency by market value, is seen as digital gold. This narrative has gained momentum in recent years, with many experts emerging who say that BTC is a “store of value.”

https://twitter. com/scoinaldo/status/1437412266731769862

Also said; He said that the tokens belonging to Ethereum (ETH), Solana (SOL), Cardano (ADA), Polkadot (DOT) and Tezos (XTZ) networks are the new version of the shares of the technology company. The technology sector consists of businesses that sell goods and services in electronics, software, computing, artificial intelligence (AI), and other information technology (IT)-related industries. Industry, Apple Inc. (AAPL), Microsoft Corp. (MSFT) and Amazon. com Inc. (AMZN) includes the world’s largest market capitalization companies and shares. Dedic also seems to equate the 5 altcoins mentioned above with them.

“Create variety – it all makes sense”

Dedic also used the terms “digital ownership” for non-fungible tokens (NFTs). NFTs have been one of the hot topics recently. Cryptocoin. com

As we reported , NFT is a Blockchain-based way to attest to ownership, validity, and value in unique digital assets. Although NFTs have been around for a while; They’ve entered the mainstream recently as artists, creators, and platforms auction off everything that stands out in digital art, music, and even the NBA. This is thought to create a generational shift from physical ownership to digital ownership.

Simon Dedic ends his tweet, pointing to many different sections in the field of crypto money and Blockchain, by saying, “You have the variety, it all makes sense.” Here, Dedic seems to be advising his followers to diversify their portfolios.

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Michael Lewis


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