Cryptocurrency News

‘People should invest in all of the major layer-1s,’ says a veteran trader

2022.04.07 20:45

‘People should invest in all of the major layer-1s,’ says a veteran trader
‘People should invest in all of the major layer-1s,’ says a veteran trader

Scott Melker, veteran trader and pocaster, is convinced that major layer-1 protocols should be part of everyone’s investment portfolio. Instead of picking individual crypto projects, such as NFTs or blockchain games, Melker thinks it makes more sense to bet on the blockchain infrastructure on which these projects are built.

“Any of these small projects could absolutely go nuts. But you’re going to have trouble choosing what they are. You should just own the layer-1 and the infrastructure that they’re all built on,” he said in an exclusive interview with Cointelegraph.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 103,064.61 1.41%
ethereum
Ethereum (ETH) $ 3,294.03 2.28%
xrp
XRP (XRP) $ 3.13 6.18%
tether
Tether (USDT) $ 0.999891 0.02%
solana
Solana (SOL) $ 234.19 10.10%
bnb
BNB (BNB) $ 700.03 2.35%
dogecoin
Dogecoin (DOGE) $ 0.399071 3.02%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 1.07 4.82%
staked-ether
Lido Staked Ether (STETH) $ 3,292.13 2.24%
tron
TRON (TRX) $ 0.241906 1.30%
avalanche-2
Avalanche (AVAX) $ 39.70 3.37%
chainlink
Chainlink (LINK) $ 23.85 0.88%
sui
Sui (SUI) $ 4.70 2.67%
stellar
Stellar (XLM) $ 0.462198 6.28%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,945.92 1.53%
hedera-hashgraph
Hedera (HBAR) $ 0.354058 7.92%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 0.57%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,034.61 1.74%
the-open-network
Toncoin (TON) $ 5.36 2.82%
polkadot
Polkadot (DOT) $ 7.07 4.08%
weth
WETH (WETH) $ 3,296.26 2.19%
litecoin
Litecoin (LTC) $ 127.03 9.65%
bitcoin-cash
Bitcoin Cash (BCH) $ 467.49 2.67%
leo-token
LEO Token (LEO) $ 9.76 0.02%
uniswap
Uniswap (UNI) $ 14.18 3.99%
bitget-token
Bitget Token (BGB) $ 6.99 0.22%
pepe
Pepe (PEPE) $ 0.000019 1.66%
hyperliquid
Hyperliquid (HYPE) $ 22.28 5.87%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,489.79 2.19%
usds
USDS (USDS) $ 0.999737 0.23%
near
NEAR Protocol (NEAR) $ 5.43 0.74%
ethena-usde
Ethena USDe (USDE) $ 0.999691 0.09%
aptos
Aptos (APT) $ 9.29 2.47%
internet-computer
Internet Computer (ICP) $ 10.62 5.98%
aave
Aave (AAVE) $ 315.31 1.71%
vechain
VeChain (VET) $ 0.052124 8.72%
monero
Monero (XMR) $ 220.25 1.01%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.47872 3.48%
ethereum-classic
Ethereum Classic (ETC) $ 26.78 4.03%
render-token
Render (RENDER) $ 7.56 1.73%
crypto-com-chain
Cronos (CRO) $ 0.13914 5.21%
algorand
Algorand (ALGO) $ 0.443759 8.34%
bittensor
Bittensor (TAO) $ 452.93 0.49%
kaspa
Kaspa (KAS) $ 0.143622 2.74%
mantle
Mantle (MNT) $ 1.07 5.89%
dai
Dai (DAI) $ 1.00 0.00%
mantra-dao
MANTRA (OM) $ 3.71 2.86%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.33 2.88%
filecoin
Filecoin (FIL) $ 5.44 7.44%