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Reddit Co-Founder Says Most Of His Crypto Holdings Are In Ethereum, Not Dogecoin

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Reddit Co-Founder Says Most Of His Crypto Holdings Are In Ethereum, Not Dogecoin

by TheCryptoDirt.com
June 11, 2021
in Ethereum
0

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Alexis Ohanian, co-founder of Reddit, revealed {that a} good quantity of his crypto holdings are in Ethereum (CRYPTO: ETH).

What Occurred: In an interview with CNBC on Thursday, Ohanian stated, “That’s the place plenty of my holdings are, candidly,” however didn’t reveal precisely how a lot ETH he holds.

In line with him, Ethereum is an asset that has bought essentially the most to show, with plenty of attention-grabbing developments lined up for the cryptocurrency within the close to future.

“I do suppose Ethereum [has], no less than for the subsequent yr or two, actually bought essentially the most to show, or no less than essentially the most potential to point out one thing as a result of there are such a lot of attention-grabbing functions. So NFTs are simply the beginning of what’s getting constructed on high of the Ethereum blockchain,” he defined.

Whereas Ohanian didn’t maintain again praising the second-largest cryptocurrency by market cap, the billionaire investor made it clear that Dogecoin (CRYPTO: DOGE) wasn’t on his record of most well-liked cryptocurrencies.

“I am not gonna plug Dogecoin right here,” stated Ohanian when CNBC anchor Andrew Sorkin requested him to call an attention-grabbing cryptocurrency that wants extra recognition.

What Else: Final week, Ethereum co-founder Vitalik Buterin himself confessed that Dogecoin was one among his finest investments.

Learn additionally: Canadian PM Justin Trudeau’s Brother Is Launching A Dogecoin Project

Buterin stated he “felt like a tremendous dealer” after having efficiently managed to promote on the high, however was stunned by Dogecoin turning into “this massive phenomenon” with the value growing to $0.50 and even $0.70.

“There’s even lots of people which have heard of Doge that haven’t heard of Ethereum, is simply one thing even I wasn’t predicting,” he stated.

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