Summary
- The count of Bitcoin whales holding at least 1,000 BTC rose to 1,678 at the beginning of this week, marking the highest level since January 2021.
- Investors rapidly engaged with Vantard’s pre-seed offering and are now eagerly anticipating the seed round.
Bitcoin whale numbers soar to the highest levels since January 2021
Bitcoin’s performance has been strong since the start of the year, with investors persistently acquiring the cryptocurrency. Data analyzed by Glassnode and André Dragosch, the director and head of research for Europe at Bitwise, indicates that the number of whales holding at least 1,000 BTC surged to 1,678 earlier this week, the highest number since January 2021.
This increase in Bitcoin whales points to growing optimism regarding Bitcoin’s price trajectory. Bitcoin’s price has risen over 50% year-to-date, outpacing other significant assets.
What exactly is Vantard (VTARD)?
While prominent cryptocurrencies like Bitcoin, Ethereum, and Solana dominate the news, new projects are emerging that aim to reshape investors’ perspectives on the cryptocurrency market.
This week, the project capturing the spotlight is Vantard, the world’s first meme coin index. Vantard’s (VTARD) introduction comes at a notable time as meme coins increasingly capture market share within the crypto landscape.
According to their whitepaper, VTARD holders can exchange tokens for their proportional share of assets from the Treasury. The team has disclosed that Vantard will manage a portfolio consisting of leading Solana-based meme coins.
By creating a meme coin index, Vantard is providing investors the chance to expand their portfolios. Meme coins have become particularly intriguing in the crypto sphere, as they trade on public interest and launch with fully circulating supplies, ensuring fair and transparent market price discovery.
Vantard aims to simplify the process for investors to capitalize on the ‘Memecoin Supercycle’ by introducing exciting new projects into their portfolios. The year-to-date performance of meme coins has significantly outperformed other sectors within the crypto market and is anticipated to rise further in the upcoming months. In essence, Vantard serves as a straightforward tool for profiting in the meme coin supercycle.
Explore more about the Vantard project here.
Why should investors consider Vantard?
Vantard should be among the primary projects that investors look at when delving into cryptocurrencies. Year-to-date, meme coins have outpaced various segments of the crypto market, including RWAs, Layer-2s, and EVMs.
Meme coins now boast a combined market capitalization exceeding $40 billion, a figure expected to grow in the upcoming months and years. Yet, with thousands of meme coins available, investors face the challenge of identifying the most promising ones to invest in.
This is where Vantard comes into play. With Vantard, investors are relieved from the burden of selecting the best meme coins for investment. Vantard curates the finest Solana-based meme coins to add to investors’ portfolios, providing exposure without extensive involvement. Vantard allows users to ‘Ride the Memecoin Supercycle.’
Meme coins such as WIF and Popcat have significantly outperformed major cryptocurrencies and other assets this year. Vantard is poised to eclipse other major indices within the broader financial markets in the coming months and years, owing to its substantial meme coin exposure.
Vantard gears up for the seed round
Vantard has already caught the attention of investors, as the pre-seed round sold out mere hours after its launch. The team is now getting ready for the seed round, which will start in less than two hours.
The strong interest in Vantard stems from its appealing proposition. As the inaugural meme coin index, Vantard enables investors to engage with the top meme coins in the crypto market while mitigating the risks associated with scams or rug pulls.
The team has yet to announce the selling price of $VTARD for the seed stage, but it will provide this information shortly after going live.
Should you consider investing in the Vantard project?
The $VTARD token has the potential to be a leading token within the crypto space due to its distinct value proposition. The Vantard token fluctuates in line with the NAV (Net Asset Value) of the Treasury and can be redeemed for the assets contained within it.
Investors are already harnessing the potential of this project. As the first meme coin index, Vantard is well-positioned for widespread adoption, and the value of $VTARD could surge.
