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R5ZM2
@r5zm2
Most of the major L1's and Altcoins are currently down bad with some even making new ATL's, yeah they can always drop further but when's the best time to take a position? When people are euphoric and taking screenshots of their gains or when an asset becomes hated and no one thinks it will ever go back up? It feels like Altcoins are closer to the later to me. While you can always buy your own crypto, there are also a few good listed companies out there who have a good track record in the space and have weathered previous downturns, #KR1 is such a company. The current value of their crypto holdings is higher than their marketcap, main holdings are staked $ETH, $TIA $DOT $LDO & $ATOM, even in these current conditions they bring in roughly $7M a year in staking rewards which they reinvest and buy into new projects before most of us have even heard of them. Back in '21 KR1 reached as high as £2.40 but now sits around £0.32, obviously the share will follow whatever its holdings are doing. https://kr1.io/
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