What crypto is Blackrock buying?
We all now the huge impact the Launch of the bitcoin ETF had on Bitcoin price earlier this year. So now let’s look on what other tokens Blackrock is getting hold of. Be careful when looking at blackrock wallet as some people might send random tokens t oit to make people think that Blackrock bought them when actually people sent them for advertising.
We can see that Bitcoin is their biggest holding at 50 Billion followed by Ethereum at 3.1 Billion and a large stable coin reserve of 69millions and their forth holding is our interest today.
They hold $380K worth of $COLLE.
COLLE AI is a project incorporating AI and NFTs. The concept is to be able to create and deploy NFT’s directly on the blockchain using AI.
I will link their website here so you can check it for more details. https://colle.ai/
One thing to mention though is how scarce is the curent circulating supply, but the good news is even the fully diluted market cap is less than 10 million meaning their is still plenty of room to grow, if the AI/NFT field catch on fire during this cycle.
It also only available now as a tradable pair on MEXC meaning that future listing on bigger platforms has yet to come.
As you can see because of low liquidity price has been very choppy, but after Blackrock purchase more inflow has been going to the coin.
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