Crypto Weekly: Historical Corrections, Fund Performance, and NFT Adoptions
Crypto239 Views, 09 Jan 2022 19:32
EXECUTIVE SUMMARY
- In this weekly, we look at the macro where the recent selldown is well within the historical performance of the asset class
- Despite the end year correction, crypto funds have returned 178% in 2021 based on Eurekahedge which is leading to significant new launches in 2022
- Meanwhile, NFTs continue to make headlines as Eminem spent half a million on a BAYC jpeg and a South Korean presidential hopeful taps NFTs to raise campaign funds