Kevin O’Leary’s favorite crypto currencies

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Kevin O’Leary’s favorite crypto currencies

In a recent interview with Coin Telegraph’s Sam Bourgi, guest Kevin O’Leary, known for Shark Tank USA, opened up about his crypto investments. He is very confident in crypto and expects crypto to eventually be as much as 20% of his portfolio.

He currently has 32 positions in crypto, which he purchases through FTX. He emphasizes that none of his 32 positions are in shitcoins. He sees the potential in crypto, but only in projects that he believes actually add something. According to him Dogecoin, Shiba Inu and Floki Inu do not fit into his investments. 

In the interview, Kevin O’Leary told what his biggest positions are at the moment. Let’s take a look… 

Solana – SOL

Solana is the fastest blockchain out there, while also being one of the cheapest blockchains out there. Because of the fact that Solana is so fast and cheap, a lot of applications are being built and thus the development of the network is going extremely fast.

Hedera Hashgraph – HBAR

Hedera Hashgraph is a decentralized, distributed network that is very different from most blockchains. HBAR has consensus algorithms that are a lot faster than the ones used in blockchains. But Hedera Hashgraph is not a blockchain. Instead of using a blockchain for recording its transactions, HBAR uses the ‘hashgraph’. 

Polygon – MATIC

Polygon is a layer 2 solution on the Ethereum blockchain. This means that it is a second network built on the Ethereum blockchain. The main purpose of Polygon is to increase the scalability of Ethereum. In addition, Polygon is many times cheaper than Ethereum. 

Helium – HNT

Helium can be thought of as a decentralized internet provider that uses blockchain technology. Helium makes this possible by placing devices all over the world, which create one large Helium network. You can also buy such a device, and when you turn it on in the right place you will receive HNT tokens for it. 

Avalanche – AVAX

Avalanche is an open source blockchain. The purpose of Avalanche is to create a decentralized network on which dApps can be built. However, Avalanche is not just any blockchain, it uses three different blockchains. This allows for more scalability, more security and less cost. 

You can invest in of these cryptocurrencies! Visit FTX! Or learn more about other exchanges here!

Disclaimer: Trading and investing in cryptocurrencies (also called digital or virtual currencies, altcoins) involves a substantial risk of loss and is not suitable for every investor. You are solely responsible for the risk and financial resources you use to trade crypto. The content on this website is primarily for informational purposes and does not constitute financial advice.

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