Altcoin
Grayscale Considers DOGE, HBAR, AI16Z Among 39 Crypto for Investment Products
Grayscale, crypto asset management firm, is considering 39 cryptocurrencies for future investment products. These include top altcoins Dogecoin (DOGE), BNB, Hedera (HBAR), Kaspa (KAS), Aptos (APT), and more. Traders reacted immediately to the news bringing an upside momentum in the crypto under consideration.
Grayscale Announces Crypto Under Consideration for Investment Products
Leading crypto asset manager Grayscale Investments disclosed diverse crypto assets under consideration for future investment products, according to official blog on January 9.
The company has announced top 20 crypto such as BNB, DOGE, TRX, and TON among the list of 39 crypto. Other digital assets from innovative and trending projects are KAS, APT, ARB, TIA, HBAR, MNT, SEI, S, STRK, AERO, ENA, INJ, JUP, ONDO, PENDLE, RUNE, IMX, AKT, FET, AR, EIGEN, HNT, JTO, PYTH, and WLD.
Moreover, Grayscale is also considering new assets such as Hyperliquid (HYPE), Ai16z, Virtual Protocol (VIRTUAL), FLOCK, GRASS, Hyperbolic, Prime Intellect, Sentient, Space and Time, and Story Protocol.
“Assets Under Consideration lists digital assets not currently included in a Grayscale investment product but identified by our team as possible candidates for inclusion in a future product.”
DOGE, HBAR, AI16Z and Other Crypto Prices Jump
ai16z price leads the upside momentum among the abovementioned crypto. It climbed 15% in the past 24 hours, with the price currently trading at $1.62. The 24-hour low and high are $1.28 and $1.72, respectively. Furthermore, the trading volume has increased by 21% in the last 24 hours, indicating a rise in interest among traders.
Dogecoin price has surged 5% after the announcement by Grayscale. DOGE price trades at $0.3339, recovering in support from whales. However, the trading volumes remain low amid crypto options expiry and jobs data due later today.
Meanwhile, HBAR price has jumped over 3% in the last 24 hours, with a slight profit booking seen in the last few hours. The 24-hour low and high are $0.2634 and $0.285, trading with low volume in spot exchanges. The community also expects approval of HBAR ETF by the US SEC under incoming Chairman Paul Atkins.
Varinder Singh
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space.
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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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