A Shark is spreading some good vibes into the market

Shark tank’s Kevin O’Leary is dropping some love for the future of crypto as others have turned their backs on it (looking at you Bill Gates). The brash investor has shared how and why he is buying the dip in BTC and ETH. The venture capitalist explained that he’s been doubling down on tokens, including bitcoin and ether, as well as various Web3 projects.

He noted that smaller projects will fail however but that will be good for the general ecosystem or be regulated out of existence. Personally, after watching a series of projects rug investors or fail due to lack of vision and leadership, this is a good sign as the next rebound will be built on better rules, infrastructure and lessons learned.

In this market, it is easy to forget the blockchain is still “blockchain-ing” and has not changed in how it works and how it is supposed to work. The tech is sound and investors like O’Leary believe this will continue to grow.