TradFi Hedge Funds Eyeing Memecoins As Subsector Evolves Into ‘Culture Coins’: Report
April 24 2024 - 2:41PM
The Daily Hodl
Hedge funds are starting to succumb to the lure of crypto
memecoins in search of bigger gains, according to a report from
Bloomberg. Newport Beach, California-based fund Stratos – backed by
heavyweight investors Marc Andreessen and Chris Dixon – reportedly
recorded 137% gains in Q1 by allocating part of its portfolio to
dogwifhat (WIF), which […]
The post
TradFi Hedge Funds Eyeing Memecoins As Subsector Evolves Into
‘Culture Coins’: Report appeared first on The Daily Hodl.
...
Continue reading TradFi Hedge Funds Eyeing Memecoins
As Subsector Evolves Into ‘Culture Coins’: Report
The post
TradFi Hedge Funds Eyeing Memecoins As Subsector
Evolves Into ‘Culture Coins’: Report appeared first on
The
Daily Hodl.
Dogecoin (COIN:DOGEUSD)
Historical Stock Chart
From Apr 2024 to May 2024
Dogecoin (COIN:DOGEUSD)
Historical Stock Chart
From May 2023 to May 2024