Guggenheim CIO: New Cryptocurrencies May Outperform BTC and ETH

2021-5-25 22:19
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According to a report by U.Today, Scott Minerd, chief investment officer of Guggenheim Investments, predicted in a recent interview with CNBC that new cryptocurrencies could outperform Bitcoin and Ethereum. Minerd said the new cryptocurrency would be better because it could overcome mining costs and other issues. Scott Miner said that while only Bitcoin and some currencies can survive, most other currencies will become “tulips”. Miner also said it would take "time" to recover from a loss that had fallen in the past.

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2021-5-25 22:06