TL;DR
- The number of Bitcoin whales owning at least 1,000 BTC jumped to 1,678 early this week, reaching the highest since January 2021.
- Investors instantly scooped up Vantard’s pre-seed offering and are now eagerly awaiting the seed round.
Number of Bitcoin whales surge to the highest level since January 2021
Bitcoin has been performing well since the start of the year, and investors continue to accumulate the cryptocurrency. Data tracked by Glassnode and André Dragosch, director and head of research for Europe at Bitwise, revealed that the number of whales owning at least 1,000 BTC jumped to 1,678 early this week, reaching the highest since January 2021.
The increasing number of Bitcoin whales suggests a growing confidence in Bitcoin’s price prospects. Bitcoin’s price has increased by over 50% year-to-date, outperforming other major assets.
What is Vantard (VTARD)?
While major cryptocurrencies like Bitcoin, Ethereum, and Solana dominate the headlines, new projects are emerging to change investors’ views of the cryptocurrency market.
This week, the project that grabbed most of the attention is Vantard, the first meme coin index in the world. Vantard’s (VTARD) launch comes at a unique period as meme coins continue to grab more market share in the crypto ecosystem.
According to their whitepaper, VTARD holders can redeem tokens against the Treasury for their proportional percentage of the underlying assets. The team explained that Vantard will hold a portfolio of top Solana-based meme coins.
By launching a meme coin index, Vantard is offering investors the opportunity to broaden their portfolio. Meme coins have become particularly interesting in the crypto space as they trade on attention and launch with fully circulating supplies, allowing fair and open market price discovery.
Vantard wants to make it easier for investors to take advantage of the ‘Memecoin Supercycle’ by delivering exciting new projects to their portfolios. The YTD (year-to-date) performance of meme coins has outshone every other crypto sector and could surge higher in the coming months. Simply put, Vantard is the layman’s tool for making money in the meme coin supercycle.
Read more about the Vantard project here.
Why should investors look into Vantard?
Vantard should be among the first projects investors consider when investing in…