Altcoin Purchases Raise Concerns: Experts Regard the Issue

Coin Academy

Factuality

Ownership

More and more companies listed on the stock exchange are massively buying altcoins such as the ETH, the SOL or even mecoins to artificially boost their valuation and attract investors. Influenced Web3 figures such as Brittany Kaiser, Andrew Keys or Charlie Lee orchestrate spectacular deals via PSPCs or screen companies, relying on tokens that are sometimes very volatile. Financial analysts denounce an ultra-specculative model, often without real…

https://www.cryptela.com

Factuality

Ownership

Some publicly traded companies have begun investing in altcoins to boost their stock values, sparking concern in the financial community. In the cryptocurrency market, companies are profiting from buying Bitcoin (BTC) and Ethereum (ETH),… Altcoin Purchases Cause Concern: Experts...