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RE: Is Crypto Adoption Here? Recent Whale Activity...
The only way we are going to expect half of these cryptocurrencies going to the moon is only if institutional investors with a lot of capital start putting in the millions and billions in the market.
I agree with you that institutions can move the needle quickly, but I would argue that many are waiting for a larger market cap before they move it. For the Wall Street crowd, $400B is just too small time. Once they do move it, we will go to the moon for sure. I mean, when FOMO hits for hedge funds and investors in the funds start asking why the are missing the crypto train, the sky is the limit. Until then, we need to see products that reduce the barriers to entry for the retail investors, which is good for adoption and also good for the little guy who needs to be in at least a little before the big money comes in and blows it all up.