Cathie Wood: It’s unclear how practical Trump is, but Trump is “initiating the next phase of the crypto revolution”
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Odaily reported that Cathie Wood, CEO and CIO of ARK Invest, said in an interview with Bloomberg: "We are not sure if the memecoin (TRUMP) of the former President Trump has much utility, but Trump is ushering in the next phase of the crypto revolution." Cathie Wood also mentioned that she will not purchase TRUMP, as she only holds the "Big Three" (BTC, ETH, SOL), but she does not consider meme to be something "terrible", and they may have utility at times.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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