2 November 2024
Mark Cuban Reveals His Crypto Portfolio With Low Cap Altcoins
Billionaire Mark Cuban has recently revealed his crypto portfolio with top altcoin picks.
In a new interview with Altcoin Daily, Mark Cuban tells hosts Aaron and Austin Arnold about his low-cap crypto assets in his portfolio, including Bored Ape Yacht Club (BAYC) offshoot ApeCoin (APE).
Klima DAO (KLIMA) is his first pick among altcoins. Klima DAO is designed to allow users to participate in the carbon market through its KLIMA token. The token is backed by at least one tonne of tokenized verified carbon offsets locked in the protocol’s treasury.
Cuban states how complex it is to try to acquire carbon credits. He said, “Right now it’s easier to buy a KLIMA token… and burn it and take the treasury back out and take that as an offset… The worst case, which is the way I also try to look at things, is I just burn them and based off their treasury, then I burn, I’ve offset X amount of tonnes of carbon.”
Blocto (BLT) is also on the investor’s list. The goal of the project is simplify interaction with blockchain applications across various blockchains both for developers and everyday users.
Injective (INJ), is another altcoin on Cuban’s list. Injective is a decentralized exchange that offers margin trading, derivatives, and other services on an extensive cross-chain platform.
“I still like Injective. I still think perpetuals have a real opportunity. It’s not an easy business, but they have a chance.”
Cuban is also hodling Alethea Artificial Liquid Intelligence Token (ALI). This token is designed to bring science fiction visuals and concepts to the metaverse through its unique proposition of an intelligent NFT, referred to as iNFT, which can be trained to upgrade its intelligence level.
His last but not the least pick is Ocean Protocol (OCEAN), which seeks to aggregate and monetize user data.
“OCEAN for packaging data, for buying and reselling it so there’s ongoing rewards to the people who originate the data. They haven’t really executed as well as I would have liked, but that’s the concept.”
Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice