General Sentiment on Board25 Nov 2024 14:22
I've been observing this board for a few months.
There are a number of accounts that seem to have a consistently negative take on the potential of KR1. I believe these accounts are strongly misguided and potentially have ulterior motives. The reality is crypto is growing exponentially, with significant capital flowing into the industry across the board, whether institutional or for grass roots builders.
KR1 has a heritage of navigating this market and partaking in early-rounds of leading projects. There track record speaks for itself. The growth of NAV and revenue generated from their portfolio has generally gone up and to the right over the long term. If you take a step back, realize that we are on the cusp of one of the largest crypto bullruns, in the backdrop of probably regulatory clarity (at least for 4 years), you should consider this to be a golden opportunity to enter.
The current portfolio speaks for itself. I'm honestly bedazzled at people doubting Polkadot, Atom or Tia could double from here. The wider portfolio is extremely likely to see 3-5x upside on token valuations. If you look at TOTAL3 (tradingview) you will see the breakout in the alt market. Whilst not all of the alt market is credible, some of it is trash, there are thousands of builders fully engaged in building on-chain services. They didn't go away in the bear market, you just didn't hear about it (and I doubt you were paying attention). This work is about to be realized, and KR1 couldn't be better positioned to capilize on some of these efforts through Redstone, Avail and Mode.
This market is also literally just getting warmed up. Bitcoin moves first, then Ethereum (which we're just seeing), however Solana has emerged as a competing virtual machine (SVM) and has already broken last cycles ATHs. Mid-caps move, which we saw over the weekend, and then lower value alts. This happens over and over whilst Bitcoin finds it's new high, of which $150k-200k seems reasonable. VanEck and other analysts are calling much higher prices.
So, in essence, you'd be wise to ignore the unfounded negative remarks and focus on the above. I'll check back in 6 months on this post.
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