In one of his recent interviews to CNBC, Reddit co-founder, American internet entrepreneur and investor Alexis Ohanian talked about crypto, momentum investments and his crypto holdings.
Related: Alexis Ohanian Leads Investment in DeFi Startup QuickNode
When asked what cryptocurrency is worth thinking about, Ohanian said his answer won’t be Dogecoin. He mentioned that although many new promising projects are appearing, the highest expectations are from Ethereum for at least a year as it has the most capacity to show something.
Ohanian noted NFTs opened the series of what’s going to be built on top of the Ethereum blockchain. The Reddit co-founder said Ethereum and apps built on it are the place where his most holdings are.
"NFTs are just the start of what is getting built on top of the #ethereum blockchain, and that's where a lot of my holdings are candidly," says @alexisohanian. pic.twitter.com/ZfMowGRmhk
— Squawk Box (@SquawkCNBC) June 10, 2021
He supported Ethereum and the blockchain industry before. In 2018 Ohanian predicted that the price of Ether would reach $1500. Although Eth fell below $100 at that time, Ohanian’s prediction eventually came true and the token reached its all-time high of $4360 on May 12, 2021.
Currently, Ether trades at around $2460.
In May, Alexis Ohanian led investment in the blockchain development platform, focused on the decentralized internet, QuickNode.