Pantera Capital invested twice in Terraform Labs in 2021 and reportedly made massive returns from their $LUNA token investment. On top of that, they were one of the first VC backers of $SOL, getting in as early as 2020.
Their approach seems less about investing in the real value of blockchain technology and more like a straightforward profit-driven hype strategy.
In stock market terms, I’d compare it to hedge funds that pour money into loss-making EV startups and then hype them up as if they’re leading the charge in innovation.
Pantera founder @dan_pantera: "Solana can do more transactions per day than all capital markets combined."
Solana szn 🔥
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