Famous Bull Cathie Wood Talks About Donald Trump's Memecoin TRUMP! Reveals Two Altcoins She Has Invested In Other Than Bitcoin (BTC)!
Famous Bitcoin bull Ark Invest CEO Cathie Wood spoke about the memecoin called TRUMP, launched by Donald Trump.
Stating that TRUMP is part of the next phase of cryptocurrency development and is permanent, Cathie Wood said that she did not buy TRUMP.
Speaking to Bloomberg, Cathie Wood said President Donald Trump’s memecoin won’t have any immediate benefits, but the token could play a role in the burgeoning cryptocurrency world.
When asked about his own cryptocurrency investments, he said he did not invest in TRUMP and only owned Bitcoin (BTC), Ethereum (ETH) and Solana (SOL).
“This is a meme coin. I have not invested in TRUMP token as I am primarily focused on Bitcoin, Ethereum and Solana. I hold BTC, ETH and SOL.
But I believe that TRUMP is not completely worthless. He can usher in a new phase for the cryptocurrency industry and have a certain practicality in the future. “
Famous CEO Cathie Wood recently added that Ark Invest mostly stays away from memecoins.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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